scholarly journals A Monthly Regional Indicator of Economic Activity: An Application for Latin America

2017 ◽  
Vol 52 (4) ◽  
pp. 589-605 ◽  
Author(s):  
Pavel Vidal ◽  
Lya Paola Sierra ◽  
Johana Sanabria ◽  
Jaime Andrés Collazos
Keyword(s):  
Latin America ◽  
Economic Activity

scholarly journals The contribution of telco data to fight the COVID-19 pandemic: Experience of Telefonica throughout its footprint

Data & Policy ◽  
2021 ◽  
Vol 3 ◽  
Author(s):  
Pedro A. de Alarcon ◽  
Alejandro Salevsky ◽  
Daniel Gheti-Kao ◽  
Willian Rosalen ◽  
Marby C. Duarte ◽  
...  
Keyword(s):  
Latin America ◽  
Economic Activity ◽  
Public Institutions ◽  
Security And Privacy ◽  
Strong Impact ◽  
Global Challenge

Abstract The COVID-19 pandemic is a global challenge for humanity, in which a large number of resources are invested to develop effective vaccines and treatments. At the same time, governments try to manage the spread of the disease while alleviating the strong impact derived from the slowdown in economic activity. Governments were forced to impose strict lockdown measures to tackle the pandemic. This significantly changed people’s mobility and habits, subsequently impacting the economy. In this context, the availability of tools to effectively monitor and quantify mobility was key for public institutions to decide which policies to implement and for how long. Telefonica has promoted different initiatives to offer governments mobility insights throughout many of the countries where it operates in Europe and Latin America. Mobility indicators with high spatial granularity and frequency of updates were successfully deployed in different formats. However, Telefonica faced many challenges (not only technical) to put these tools into service in a short timing: from reducing latency in insights to ensuring the security and privacy of information. In this article, we provide details on how Telefonica engaged with governments and other stakeholders in different countries as a response to the pandemic. We also cover the challenges faced and the shared learnings from Telefonica’s experience in those countries.

Financialization, premature deindustrialization, and instability in Latin America

2021 ◽  
Vol 9 (4) ◽  
pp. 493-511
Author(s):  
Esteban Pérez Caldentey ◽  
Matías Vernengo
Keyword(s):  
Latin America ◽  
Social Development ◽  
Economic Activity ◽  
Financial Stability ◽  
Financial Sector ◽  
Developed Countries ◽  
Advanced Stage ◽  
Investment Growth

The paper analyses the relation between premature deindustrialization in Latin America and what is termed premature financialization. Premature financialization is defined as a turn to finance, organized as an industrial concern, which is a vehicle for accumulation before the process of industrialization has reached maturity. This contrasts with developed countries where financialization occurs after an advanced stage of economic and social development has been reached, and where the growth of the financial sector, beyond a certain threshold, can be detrimental to economic activity. The paper examines the consequences of premature financialization for investment, growth, and financial stability.

Prospects for the global economy in the second quarter

2015 ◽  
Keyword(s):  
Growth Rate ◽  
Latin America ◽  
Eastern Europe ◽  
Economic Activity ◽  
Global Economy ◽  
Short Term ◽  
Early Recovery ◽  
Content Type ◽  
World Economic ◽  
Global Growth

Subject Prospects for the global economy in the second quarter. Significance Heightened geopolitical risk undermines the potential for any short-term strengthening of world economic activity. In the second quarter, global growth should be similar to that experienced in early 2015. Over the first half of this year, it will remain in the 3.0-3.5% range, similar to the 2014 growth rate of 3.3%. Many countries remain vulnerable to international tensions: there will be no early recovery in the commodity-producing economies of the Middle East, Africa and Latin America, or in Eastern Europe.

scholarly journals Growth under Extractive Institutions? Latin American Per Capita GDP in Colonial Times

2016 ◽  
Vol 76 (4) ◽  
pp. 1182-1215 ◽  
Author(s):  
Leticia Arroyo Abad ◽  
Jan Luiten van Zanden
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic Activity ◽  
Turning Point ◽  
Spanish Empire ◽  
Growth Trajectories ◽  
Real Wages ◽  
Per Capita Gdp ◽  
Silver Mining ◽  
Per Capita

This article presents new estimations of per capita GDP in colonial times for the two pillars of the Spanish empire: Mexico and Peru. We find dynamic economies as evidenced by increasing real wages, urbanization, and silver mining. Their growth trajectories are such that both regions reduced the gap with respect to Spain; Mexico even achieved parity at times. While experiencing swings in growth, the notable turning point is in 1780s as bottlenecks in production and later, the independence wars reduced economic activity. Our results question the notion that colonial institutions impoverished Latin America.

The World Economy

2001 ◽  
Vol 175 ◽  
pp. 29-58
Keyword(s):  
Developing Countries ◽  
Latin America ◽  
Eastern Europe ◽  
Economic Activity ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
The World ◽  
World Economic ◽  
Merchandise Trade

World economic activity is estimated to have risen by 4¾ per cent in 2000, the fastest rate for more than a decade. Growth accelerated in all the major geographical areas last year, with GDP rising by an estimated 4.2 per cent in the OECD economies and activity recovering strongly in many developing countries in Asia, Latin America and Eastern Europe. World trade was exceptionally buoyant, with merchandise trade volumes rising by an estimated 13 per cent. However there is now clear evidence that the growth of the global economy has passed its peak.

E-Government and Competitiveness in Latin America

2011 ◽  
pp. 380-396
Author(s):  
Pablo Valenti
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic Activity ◽  
Service Provision ◽  
Business Development ◽  
Tax Administration ◽  
Efficiency And Effectiveness ◽  
Government Capacity ◽  
Digital Equivalent ◽  
Latin American Countries

A government’s service provision to enterprises via electronic means has a significant impact on the productivity levels of such country’s economy. One of the tax procedures with the greatest impact on economic activity and government capacity to enforce compliance with tax obligations is the use of invoices. The electronic invoice is the digital equivalent of the traditional paper invoice. In recent years, several Latin American countries have begun to adopt the electronic invoice. The modernization of this tax procedure has had a great impact in increasing the efficiency and effectiveness of tax administration and in turn has fostered business development.

scholarly journals Ecuador

2020 ◽  
Vol 20 (178) ◽  
Author(s):  
Keyword(s):  
Latin America ◽  
Economic Activity ◽  
Oil Prices ◽  
External Financing ◽  
Debt Sustainability ◽  
Global Demand ◽  
Financing Gap ◽  
Considerable Strain

Ecuador is facing urgent and immediate balance of payment (BOP) needs driven by the sharp propagation of the Covid-19 outbreak— Ecuador is one of the hardest hit countries in Latin America—a plummeting of oil prices, and a dramatic collapse of global demand. This confluence of shocks is expected to significantly reduce Ecuador’s export revenues, put considerable strain on the budget, curtail external financing flows, dampen economic activity, which is expected to contract by 6.7 percent in 2020, and create substantial risks to debt sustainability. The resulting external financing gap is about 8.4 percent of GDP in 2020 and 7.6 percent of GDP in 2021. If not addressed promptly, the immediate BOP need could cause significant socio-economic disruptions.

COVID-19 shocks point to recession in Latin America

2020 ◽  
Keyword(s):  
Latin America ◽  
Economic Impact ◽  
Economic Performance ◽  
Economic Activity ◽  
Commodity Prices ◽  
Export Demand ◽  
Economic Shocks ◽  
Content Type ◽  
Limited Space ◽  
Financial Conditions

Subject The economic impact of COVID-19. Significance COVID-19 arrived in Latin America relatively late, but the response from governments has been mixed, and cases are now rising exponentially. The region faces multiple economic shocks: to domestic economic activity, export demand, tourism, commodity prices and financial conditions. Following years of weak economic performance, there is limited space for fiscal and monetary stimulus. Impacts New waves of unrest could follow a recession, particularly if governments are seen to have mishandled the crisis. Leaders who have downplayed the threat from coronavirus and been slow to act could face a backlash as the crisis deepens. Venezuela is particularly vulnerable to a pandemic.

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