The Long March: A Reform Agenda for Latin America and the Caribbean in the Next DecadeWorld Bank Publications, 1997 M01 1 - 115 pages The Technical Department of the Latin America and Caribbean Region of the World Bank, together with host countries in the region, organized a series of seminars in 1995-96 to explore viable options for speeding up wastewater treatment. The seminars focused on the technological and financial options available for municipal wastewater treatment and use. Also discussed was the Bank's technical and financial support of wastewater sector development in Latin America. This book, a review of the seminars, includes a general and simplified description of the available wastewater treatment technologies and implementation methods. The publication focuses on the debate on wastewater management and ways of investing in its treatment. |
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... ment of both banking and capital markets increases investment and makes it more efficient . Indexes of financial development in the LAC region still lag well behind those of East Asian and OECD countries . Financial deepening is low ...
... ment of both banking and capital markets increases investment and makes it more efficient . Indexes of financial development in the LAC region still lag well behind those of East Asian and OECD countries . Financial deepening is low ...
Page 3
... ment . In fact , in recent years the average rate of unemploy- ment in the region has risen above the average level regis- tered during the 1980s , mainly reflecting substantially higher unemployment in Argentina , and to a lesser ...
... ment . In fact , in recent years the average rate of unemploy- ment in the region has risen above the average level regis- tered during the 1980s , mainly reflecting substantially higher unemployment in Argentina , and to a lesser ...
Page 11
... ment is replaced when capital falls to 3 percent . 4. Reserve Bank retains the right to seek additional information as lender of last resort . 5. There is no explicit deposit insurance . greater internationalization is a way of ...
... ment is replaced when capital falls to 3 percent . 4. Reserve Bank retains the right to seek additional information as lender of last resort . 5. There is no explicit deposit insurance . greater internationalization is a way of ...
Page 13
... ment to adverse exogenous shocks , such as a deterioration of the terms of trade , too costly because of downward rigidity of wages and prices . Furthermore , they argue that a fixed exchange rate by itself does not impose discipline ...
... ment to adverse exogenous shocks , such as a deterioration of the terms of trade , too costly because of downward rigidity of wages and prices . Furthermore , they argue that a fixed exchange rate by itself does not impose discipline ...
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... ment and because some papers focus on portfolio flows , thus exclud- ing foreign direct investment which may be more sensitive to domestic factors . 41. The organization of the discussion below is based on Montiel ( 1996 ) . 42. See ...
... ment and because some papers focus on portfolio flows , thus exclud- ing foreign direct investment which may be more sensitive to domestic factors . 41. The organization of the discussion below is based on Montiel ( 1996 ) . 42. See ...
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Common terms and phrases
agenda areas Argentina Asian NICS average banking sector Bolivia Brazil capital inflows Caribbean Chapter Chile Colombia competition Costa Rica costs crises crisis decentralization deficits developing countries Development Indicators Database domestic investment economic growth Ecuador efficiency El Salvador employment example exchange rate expenditures Figure financial markets fiscal policy funds GDP-Weighted Mean growth rates Guatemala Guyana Haiti higher Honduras important improving income increase inflation informal sector infrastructure institutions Inter-American Development Bank International Jamaica labor market LAC countries LAC region Latin America macroeconomic ment Mexico Nicaragua nomic nonpoor OECD Panama Paraguay percent percentage of GDP Peru poor private investment problems programs public sector ratio recent reducing poverty reform regimes regulation regulatory revenues role rural Salvador social security Source stock markets structural subnational governments Table tion Trinidad and Tobago Uruguay Venezuela Washington workers World Bank World Development Indicators
Popular passages
Page 89 - East Asia and the Pacific, Europe and Central Asia, Latin America and the Caribbean, the Middle East and North Africa, South Asia, and Sub-Saharan Africa.
Page 76 - The costliness of information is the key to the costs of transacting, which consist of the costs of measuring the valuable attributes of what is being exchanged and the costs of protecting rights and policing and enforcing agreements.
Page 41 - This reform replaced a basically insolvent pay-as-you-go regime with a capitalization system based on individual retirement accounts managed by private companies known as Administradoras de Fondos dc Pensiones, AFP.