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Education, Industry,Trade and Development of American Countries in 1980-99

Author

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  • Guisan, M.Carmen
  • Aguayo, Eva

Abstract

This paper presents a general view of economic growth and the evolution of education and population in North America, Central America and South America, including a comparison of production by inhabitant in Agriculture, Industry and Services, and foreign trade. The leadership of USA and Canada is mainly supported by their great support to education, human capital and industry, and this policy should be followed to improve a general development in all America. Although the debt crises and the other problems of the Latin American countries have generalized a vision of failure and economic stagnation, a realistic analysis, based on international comparisons, reveal that these countries have undergone an extremely good evolution in terms of the growth rate of real Gdp. The main cause of poverty and low levels of income per head in many countries has been the excessively high rates of fertility during the second half of the twentieth century. Fortunately, improvements in the educational level of the Latin American countries could contribute to an important sustained growth of real Gross Domestic Product, total and by inhabitant, in the next future. This guiding principle needs to be complemented with important changes in the domestic policies that contribute to reduce the risks of foreign investments and to attract the necessary international cooperation.

Suggested Citation

  • Guisan, M.Carmen & Aguayo, Eva, 2002. "Education, Industry,Trade and Development of American Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(1), pages 83-106.
  • Handle: RePEc:eaa:aeinde:v:2:y:2002:i:1_4
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    File URL: http://www.usc.es/economet/reviews/aeid215.pdf
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    References listed on IDEAS

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    1. Aguayo, Eva & Exposito, Pilar & Lamelas, Nelida, 2001. "Econometric model of Services Sector Development and Impact of Tourism in Latin American Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2).
    2. Neira, Isabel & Guisan, M.Carmen, 2002. "Modelos econometricos de capital humano y crecimiento economico: Efecto Inversion y otros efectos indirectos," Economic Development 62, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    3. Cancelo, M.Teresa & Guisan, M.Carmen & Frias, Isidro, 2001. "Supply and Demand on Manufacturing Output in OECD countries: econometric models and specification test," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2), pages 7-42.
    4. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2002. "Relaciones intersectoriales en Latinoamerica en el periodo 1980-99: un analisis econometrico," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 2(1), pages 7-26.
    5. José Luis Cordeiro, 2009. "El Desafío Latinoamericano," Observatorio de la Economía Latinoamericana, Grupo Eumed.net (Universidad de Málaga), issue 113, april.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 19. Economic Development, Industry and Production by Sector in American Countries, 1980-2010
      by MCG Blogs de Economía in Euro-American Association: World Development on 2012-04-02 11:11:00

    Citations

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    Cited by:

    1. AKA, Bedia François, 2016. "Quantitative Impacts Of Basic Income Grant On Income Distribution In Cote D’Ivoire: Time To Change Our Societies," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 25(1), pages 159-170.
    2. Aguayo, Eva & Exposito, Pilar & Lamelas, Nelida, 2001. "Econometric model of Services Sector Development and Impact of Tourism in Latin American Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2).
    3. repec:sdo:regaec:v:26:y:2017:i:3_6 is not listed on IDEAS
    4. repec:eaa:aeinde:v:17:y:2017:i:1_7 is not listed on IDEAS

    More about this item

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F0 - International Economics - - General
    • I2 - Health, Education, and Welfare - - Education
    • L8 - Industrial Organization - - Industry Studies: Services
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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