From Natural Resources to the Knowledge Economy : Trade and Job Quality
The 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 incidenc...
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Online Access: | http://documents.worldbank.org/curated/en/2002/01/1662734/natural-resources-knowledge-economy-trade-job-quality http://hdl.handle.net/10986/14040 |
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okr-10986-140402021-04-23T14:03:11Z From Natural Resources to the Knowledge Economy : Trade and Job Quality de Ferranti, David Perry, Guillermo E. Lederman, Daniel Maloney, William E. APPAREL BILATERAL TRADE COMMERCIAL POLICY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONCENTRATION INDEXES ECONOMIC POLICY ECONOMICS ECONOMIES OF SCALE ELECTRONICS INDUSTRY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EQUILIBRIUM EXPLOITATION EXPORT DIVERSIFICATION EXPORT PROCESSING EXPORT PROCESSING ZONE EXPORTS EXTERNAL TARIFF FACTOR ENDOWMENTS FISHING FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN TRADE FORESTRY FREE TRADE FREE TRADE AGREEMENTS GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INDUSTRIAL PRODUCTIVITY INDUSTRIAL PRODUCTS INDUSTRIALIZATION INDUSTRY TRADE INFORMAL SECTOR INFORMAL WORKERS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVESTMENT FLOWS KNOWLEDGE ECONOMY LABOR FORCE LABOR PRODUCTIVITY LABOR SUPPLY LOCATIONAL ADVANTAGES MANUFACTURING PRODUCTIVITY MARKET ACCESS MINES MINIMUM WAGES NATURAL RESOURCES NET EXPORTS NONGOVERNMENTAL ORGANIZATIONS OPENNESS PATTERNS OF TRADE PRICE CHANGES PRODUCTION PROCESSES PROTECTIONISM PUBLIC EXPENDITURES RATES OF PROTECTION REAL EXCHANGE RATE REGIONAL INTEGRATION SPECIALIZATION TARIFF PREFERENCES TAX INCENTIVES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TOURISM TRADE AGREEMENT TRADE CLASSIFICATION TRADE DIVERSION TRADE FLOWS TRADE LIBERALIZATION TRADE POLICY TRADE REFORM TRADE STRUCTURE TRADE THEORIES TRADE ZONES TRANSPORT COSTS UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED WORKERS VALUE ADDED WAGE INEQUALITY WAGES WEALTH WORLD TRADE WORLD TRADE ORGANIZATION WTO The 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. 2013-06-19T21:10:34Z 2013-06-19T21:10:34Z 2002 http://documents.worldbank.org/curated/en/2002/01/1662734/natural-resources-knowledge-economy-trade-job-quality 0-8213-5009-9 http://hdl.handle.net/10986/14040 English en_US World Bank Latin American and Caribbean Studies - Viewpoints; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Latin America & Caribbean Latin America |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
APPAREL BILATERAL TRADE COMMERCIAL POLICY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONCENTRATION INDEXES ECONOMIC POLICY ECONOMICS ECONOMIES OF SCALE ELECTRONICS INDUSTRY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EQUILIBRIUM EXPLOITATION EXPORT DIVERSIFICATION EXPORT PROCESSING EXPORT PROCESSING ZONE EXPORTS EXTERNAL TARIFF FACTOR ENDOWMENTS FISHING FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN TRADE FORESTRY FREE TRADE FREE TRADE AGREEMENTS GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INDUSTRIAL PRODUCTIVITY INDUSTRIAL PRODUCTS INDUSTRIALIZATION INDUSTRY TRADE INFORMAL SECTOR INFORMAL WORKERS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVESTMENT FLOWS KNOWLEDGE ECONOMY LABOR FORCE LABOR PRODUCTIVITY LABOR SUPPLY LOCATIONAL ADVANTAGES MANUFACTURING PRODUCTIVITY MARKET ACCESS MINES MINIMUM WAGES NATURAL RESOURCES NET EXPORTS NONGOVERNMENTAL ORGANIZATIONS OPENNESS PATTERNS OF TRADE PRICE CHANGES PRODUCTION PROCESSES PROTECTIONISM PUBLIC EXPENDITURES RATES OF PROTECTION REAL EXCHANGE RATE REGIONAL INTEGRATION SPECIALIZATION TARIFF PREFERENCES TAX INCENTIVES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TOURISM TRADE AGREEMENT TRADE CLASSIFICATION TRADE DIVERSION TRADE FLOWS TRADE LIBERALIZATION TRADE POLICY TRADE REFORM TRADE STRUCTURE TRADE THEORIES TRADE ZONES TRANSPORT COSTS UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED WORKERS VALUE ADDED WAGE INEQUALITY WAGES WEALTH WORLD TRADE WORLD TRADE ORGANIZATION WTO |
spellingShingle |
APPAREL BILATERAL TRADE COMMERCIAL POLICY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONCENTRATION INDEXES ECONOMIC POLICY ECONOMICS ECONOMIES OF SCALE ELECTRONICS INDUSTRY EMPIRICAL EVIDENCE EMPIRICAL STUDIES EQUILIBRIUM EXPLOITATION EXPORT DIVERSIFICATION EXPORT PROCESSING EXPORT PROCESSING ZONE EXPORTS EXTERNAL TARIFF FACTOR ENDOWMENTS FISHING FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN TRADE FORESTRY FREE TRADE FREE TRADE AGREEMENTS GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INDUSTRIAL PRODUCTIVITY INDUSTRIAL PRODUCTS INDUSTRIALIZATION INDUSTRY TRADE INFORMAL SECTOR INFORMAL WORKERS INTERNATIONAL INVESTORS INTERNATIONAL TRADE INVESTMENT FLOWS KNOWLEDGE ECONOMY LABOR FORCE LABOR PRODUCTIVITY LABOR SUPPLY LOCATIONAL ADVANTAGES MANUFACTURING PRODUCTIVITY MARKET ACCESS MINES MINIMUM WAGES NATURAL RESOURCES NET EXPORTS NONGOVERNMENTAL ORGANIZATIONS OPENNESS PATTERNS OF TRADE PRICE CHANGES PRODUCTION PROCESSES PROTECTIONISM PUBLIC EXPENDITURES RATES OF PROTECTION REAL EXCHANGE RATE REGIONAL INTEGRATION SPECIALIZATION TARIFF PREFERENCES TAX INCENTIVES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TOURISM TRADE AGREEMENT TRADE CLASSIFICATION TRADE DIVERSION TRADE FLOWS TRADE LIBERALIZATION TRADE POLICY TRADE REFORM TRADE STRUCTURE TRADE THEORIES TRADE ZONES TRANSPORT COSTS UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED WORKERS VALUE ADDED WAGE INEQUALITY WAGES WEALTH WORLD TRADE WORLD TRADE ORGANIZATION WTO de Ferranti, David Perry, Guillermo E. Lederman, Daniel Maloney, William E. From Natural Resources to the Knowledge Economy : Trade and Job Quality |
geographic_facet |
Latin America & Caribbean Latin America |
relation |
World Bank Latin American and Caribbean
Studies - Viewpoints; |
description |
The 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. |
format |
Publications & Research :: Publication |
author |
de Ferranti, David Perry, Guillermo E. Lederman, Daniel Maloney, William E. |
author_facet |
de Ferranti, David Perry, Guillermo E. Lederman, Daniel Maloney, William E. |
author_sort |
de Ferranti, David |
title |
From Natural Resources to the Knowledge Economy : Trade and Job Quality |
title_short |
From Natural Resources to the Knowledge Economy : Trade and Job Quality |
title_full |
From Natural Resources to the Knowledge Economy : Trade and Job Quality |
title_fullStr |
From Natural Resources to the Knowledge Economy : Trade and Job Quality |
title_full_unstemmed |
From Natural Resources to the Knowledge Economy : Trade and Job Quality |
title_sort |
from natural resources to the knowledge economy : trade and job quality |
publisher |
Washington, DC: World Bank |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2002/01/1662734/natural-resources-knowledge-economy-trade-job-quality http://hdl.handle.net/10986/14040 |
_version_ |
1764425050670235648 |