From Natural Resources to the Knowledge Economy : Trade and Job Quality
AbstractThe study questions whether, after a decade of remarkable progress in trade reform, Latin America and the Caribbean really integrates into the global market, offering a promising rapid growth, and good jobs for its workers. For despite the incidence of the loosely called "knowledge economy", the concern prevails that most countries' rich natural resources, still are the determining factor for exports. Policy recommendations include fostering openness to trade, market access, and foreign direct investment flows, in addition to building human capital, institutions, and public infrastructure, without disregarding the natural advantages. To this end, policymakers should aim at developing educational systems that provide quality education, focused on lifelong learning, and training activities to build human capital. Emphasis should follow on research and development (R&D) incentives, and innovations systems, arguing that countries should experiment with taxation incentives, and subsidies to promote both private, and public investments in R&D, (dependent on the institutional capacity of governments to enforce tax laws, and monitor the quality of investments). Moreover, evidence in this report, suggests that information, and communications technology (ICT) can reduce coordination costs, enabling an effective industrialization, and market access.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoThis book is provided by The World Bank in its series World Bank Publications with number 14040 and published in 2002.
Health Economics and Finance International Economics and Trade - Free Trade International Economics and Trade - Trade Policy Economic Theory and Research Environmental Economics and Policies Macroeconomics and Economic Growth Environment Health; Nutrition and Population;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Aleksandra Parteka & Massimo Tamberi, 2013.
"What Determines Export Diversification in the Development Process? Empirical Assessment,"
The World Economy, Wiley Blackwell,
Wiley Blackwell, vol. 36(6), pages 807-826, 06.
- Aleksandra PARTEKA & Massimo TAMBERI, 2008. "Determinants of Export Diversification: an Empirical Investigation," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali 327, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Aleksandra PARTEKA & Massimo TAMBERI, 2011. "Export Diversification and Development - Empirical Assessment," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali 359, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Morley, S. & Vos, R., 2004. "Bad luck or wrong policies? : external shocks, domestic adjustment, and the growth slowdown in Latin America and the Carribean," ISS Working Papers - General Series, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague 19156, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
- José Antonio Ocampo & María Angela Parra, 2004. "The commodity terms of trade and their strategic implications for development," International Trade, EconWPA 0403001, EconWPA.
- Terheggen, Anne, 2010. "The new kid in the forest: the impact of China's resource demand on Gabon's tropical timber value chain," MPRA Paper, University Library of Munich, Germany 37982, University Library of Munich, Germany.
- Cuervo-Cazurra, Álvaro & de Holan, Pablo Martin & Sanz, Luis, 2014. "Location advantage: Emergent and guided co-evolutions," Journal of Business Research, Elsevier, Elsevier, vol. 67(4), pages 508-515.
- World Bank, 2004. "Tertiary Education in Poland," World Bank Other Operational Studies, The World Bank 14948, The World Bank.
- Lederman, Daniel & Maloney, William F., 2003. "Trade structure and growth," Policy Research Working Paper Series, The World Bank 3025, The World Bank.
- World Bank, 2003. "Nigeria - Policy Options for Growth and Stability : Volume 1. Main Report," World Bank Other Operational Studies, The World Bank 14388, The World Bank.
- Terheggen, Anne, 2011. "The tropical timber industry in Gabon: a forward linkages approach to industrialisation," MPRA Paper, University Library of Munich, Germany 37976, University Library of Munich, Germany.
- Daniel Müller-Jentsch, 2005. "Deeper Integration and Trade in Services in the Euro-Mediterranean Region : Southern Dimensions of the European Neighborhood Policy," World Bank Publications, The World Bank, The World Bank, number 7335, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Breineder).
If references are entirely missing, you can add them using this form.