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41. Tougher Challenges Ahead for Colombia's Uribe

Publication Date:
10-2006
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
President Alvaro Uribe was overwhelmingly reelected in May 2006, two months after parties supporting him won large majorities in the Congress. The armed forces are stronger than they have ever been, and U.S. aid appears relatively secure. As he begins his second four-year term, Uribe seems to be in a stronger position to tackle Colombia's long-standing problems: drug trafficking, the internal conflict, continued lack of security and poverty in rural areas, corruption, and social inequality. But appearances may be deceiving. His governing coalition is fractious, his popularity vulnerable to what a still powerful insurgency chooses to do. He has yet to define a comprehensive second-term strategy for peace and development that addresses these issues and puts a priority on bringing rural Colombia into the political, economic and social mainstream.
Topic:
Economics, Peace Studies, and Politics
Political Geography:
United States, Colombia, and South America

42. The Rise and Halt of Economic Development in Brazil, 1945-2004: Industrial Catching-up, Institutional Innovation and Financial Fragility

Author:
Nelson H. Barbosa-Filho, José A.P. de Souza, and Leondardo Burlamaqui
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper seeks to explain the dynamics of Brazilian industrial catch-up in the last 60 years by discussing its background institutional conditions as well as its main macroeconomic features. After a brief introduction, the second section describes how after the institutional innovations introduced during the Vargas' and Kubitschek's administrations, a Brazilian version of the Developmental State was created, releasing the growth potential of the economy during the 1950s. The third section analyses the inflationary crisis and institutional inertia of the mid-1960s, and its solution through the introduction of a new of wave of institutional innovations and conflict management devices, which lead to the Brazilian growth miracle, until the debt crisis of early 1980s signaled its end. The fourth section analyses why the financial crisis, coupled with ineffective institutional changes and unsuccessful macroeconomic stabilization plans lead growth to a halt. It also includes an analysis of the pro-market reforms from the early 1990s onwards. The fifth section concludes the paper offering a brief sketch on how the analytical narrative fits the conceptual framework within which it was performed.
Topic:
Conflict Resolution, Development, and Economics
Political Geography:
Brazil and South America

43. Development in Chile 1990-2005: Lessons from a Positive Experience

Author:
lvaro Garca Hurtado
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
Chile, in the last 15 years, has shown remarkable results in terms of growth, poverty reduction and democratic governance. This pa per reviews the structural changes that were behind these positive outcomes, as well as the pending challenges for Chile's development. Also shows that Chile did better in terms of growth than social integration and that this is related to the weak representation and participation of a wide majority in the national debate and decision making process. It also draws conclusions valid for other Latin American countries' development.
Topic:
International Relations, Development, and Economics
Political Geography:
South America and Chile

44. Why Have All Development Strategies Failed in Latin America?

Author:
Guillermo Rozenwurcel
Publication Date:
02-2006
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
After the Great Depression and throughout the rest of the twentieth century, Latin American countries basically approached economic development following two successive and quite opposed strategies. The first one was import substitution industrialization. The second was the so-called Washington Consensus approach. While the two views were founded on quite opposite premises, neither the import substitution industrialization nor the Washington Consensus managed to deliver sustained economic development to Latin American countries. Two domestic elements are crucial to understand this outcome. One is the failure of the state. The second is the inability to achieve mature integration into the world economy.
Topic:
Development, Economics, and Government
Political Geography:
Washington, South America, and Latin America

45. Timely Demise for Free Trade Area of the Americas

Author:
Laura Carlsen
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Foreign Policy In Focus
Abstract:
The stage was set for a showdown. When the Bush cabinet announced intentions to revive the moribund Free Trade Area of the Americas at the Fourth Summit of the Americas in Mar del Plata, the countries of the Southern Common Market closed ranks to prevent it. What followed was a diplomatic melee that reflects not so much divisions within Latin America, as a growing resistance to the current free trade model throughout the developing world.
Topic:
Economics and International Trade and Finance
Political Geography:
South America, Latin America, and North America

46. Dark Armies, Secret Bases, and Rummy, Oh My!

Author:
Conn Hallinan
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Foreign Policy In Focus
Abstract:
It would be easy to make fun of President Bush's recent fiasco at the 4th Summit of the Americas in Mar del Plata, Argentina. His grand plan for a free trade zone reaching from the Artic Circle to Tierra del Fuego was soundly rejected by nations fed up with the economic and social chaos wrought by neoliberalism. At a press conference, South American journalists asked him rude questions about Karl Rove. And the President ended the whole debacle by uttering what may be the most trenchant observation the man has ever made on Latin America: "Wow! Brazil is big!"
Topic:
Economics and Government
Political Geography:
United States, Argentina, South America, and Latin America

47. Economic Survey of Chile, 2005

Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Chile continues to be a strong performer and the economy has recovered in earnest from the 1998-2003 slowdown. Macroeconomic management has been exemplary and policies have been framed in rules-based, credible settings. Public finances are particularly robust, making the economy resilient to shocks. Structural reform is on-going, unleashing opportunities for growth. But Chile's income gap remains sizeable relative to the OECD area. Lifting the economy's growth potential is therefore Chile's overarching policy challenge.
Topic:
Development, Economics, and Markets
Political Geography:
South America

48. Agricultural Policy Reform in Brazil

Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Brazil is a major player in the global economy, one of the world's 10 largest economies, with a population of 180 million and vast natural resources. Brazil's agricultural land is exceeded only by China, Australia and the United States, and agriculture plays an important role in the country's economy. Primary agriculture accounts for 8% of GDP, while agricultural products account for about 30% of exports.
Topic:
International Relations, Agriculture, and Economics
Political Geography:
United States, China, Brazil, South America, and Australia

49. Competition Law and Policy in Brazil

Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The modern era of competition policy in Brazil began in 1994 with the enactment of a new law as part of the “Real Plan”, a set of policies developed to deal with a period of hyperinflation. The law established a Brazilian Competition Policy System (BCPS) consisting of three agencies: a re-configured Administrative Council for Economic Defence (CADE), which had originally been created in 1962, the Economic Law Office (SDE) in the Ministry of Justice, and the Secretariat for Economic Monitoring (SEAE) in the Ministry of Finance. CADE has adjudicative authority in BCPS cases, while SDE has the principal investigative role, and SEAE is primarily responsible for providing economic analysis.
Topic:
Development, Economics, and Government
Political Geography:
Brazil and South America

50. Economic Survey of Brazil, 2005

Publication Date:
03-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
This Survey's general assessment is that Brazil is currently reaping the benefits of macroeconomic consolidation, underpinned by a prudent policy stance. Much progress has been made in fiscal consolidation and monetary policy continues to be conducted in a forward- looking manner. The external adjustment has been remarkable, with continued strong export performance, making the economy more resilient to changes in market sentiment. These achievements owe much to the strengthening of institutions, in particular the inflation targeting framework and the Fiscal Responsibility legislation. The economic recovery is now firmly established. But the consolidation of macroeconomic stability remains essential moving forward, coupled with further structural reform, to ensure that the positive outlook ushers in a virtuous circle of improved confidence and resilient, equitable growth.
Topic:
Economics, Government, and International Trade and Finance
Political Geography:
Brazil and South America