Capital Movements and Corporate Dominance in Latin America最新文献

Financial geography and the 'social reality of finance': aspatial or real space analyses of financial crises? 金融地理学与“金融的社会现实”:金融危机的空间分析还是现实空间分析?

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00008

G. Dymski, Nicole Cerpa Vielma

{"title":"Financial geography and the 'social reality of finance': aspatial or real space analyses of financial crises?","authors":"G. Dymski, Nicole Cerpa Vielma","doi":"10.4337/9781800372146.00008","DOIUrl":"https://doi.org/10.4337/9781800372146.00008","url":null,"abstract":"This chapter argues that the emerging field of financial geography can provide the necessary terrain for interdisciplinary exchange between economists and geographers who want to work on what Dariusz Wâ€”jcik has termed â€˜the social reality of finance.â€™ Closing the gap between those trained in these two disciplines will require some adjustments on both sides. Geographers, on their side, must see beyond the analytical conventions used in mainstream economics, and work with economists whose methods and topics place them firmly within the â€˜heterodoxyâ€™ of that discipline. Economists, in turn, must develop much clearer ideas about the boundaries and possibilities of spatial analysis in economics. We illustrate our argument by exploring several economic models of financial crises in developing countries. The modeling conventions that guide mainstream models rule out both social factors and â€˜real space,â€™ just as they rule out the â€˜real timeâ€™ approach used in Post-Keynesian economics. Bringing in â€˜real timeâ€™ and â€˜real spaceâ€™ requires breaking with these conventions.","PeriodicalId":261649,"journal":{"name":"Capital Movements and Corporate Dominance in Latin America","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123736092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Foreign direct investment, inequality, and macroeconomic stability on the eve of the COVID-19 crisis COVID-19危机前夕的外国直接投资、不平等和宏观经济稳定

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00010

H. Szymborska

引用次数: 0

Capital flows, the role of non-financial corporations and their macroeconomic implications: an analysis of the case of Chile 资本流动、非金融企业的作用及其宏观经济影响:对智利案例的分析

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00015

Esteban Pérez-Caldentey, Nicole Favreau-Negront

引用次数: 0

The unique development of non-financial corporations in Latin America 拉丁美洲非金融企业的独特发展

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00013

Noemi Levy-Orlik, J. Bustamante-Torres

引用次数: 0

Pension funds and domestic debt markets in emerging economies 新兴经济体的养老基金和国内债券市场

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00011

J. Churchill, Bruno Bonizzi, Annina Kaltenbrunner

{"title":"Pension funds and domestic debt markets in emerging economies","authors":"J. Churchill, Bruno Bonizzi, Annina Kaltenbrunner","doi":"10.4337/9781800372146.00011","DOIUrl":"https://doi.org/10.4337/9781800372146.00011","url":null,"abstract":"This chapter reviews the terms of engagement of foreign and domestic pension funds in the domestic financial markets of emerging economies. Given their longer-time horizon, pension funds are expected to contribute positively to the development of large and deep domestic local currency bonds markets, and hence ease fiscal and external constraints in these countries. However, previous research shows that this is not necessarily always the case. In the case of foreign pension funds, the funds embeddedness in a hierarchic and structured international financial and monetary system might maintain external vulnerability and financial market instability. On the other hand, the development of domestic pension funds might promote destabilising financial sector developments, which weigh on productive investment and structural change. This chapter provides a comprehensive discussion of these respective costs and benefits of growing pension fund investments in emerging economies. It concludes by linking the discussion to the wider question of how best to provide long-term finance for productive structural change without the creation of destabilising financial sector developments, drawing out the suggestion that the state itself must be part of the answer.","PeriodicalId":261649,"journal":{"name":"Capital Movements and Corporate Dominance in Latin America","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133053189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Latin American international integration and global value chains: what changed after the 2008 global financial crisis 拉美国际一体化与全球价值链:2008年全球金融危机后的变化

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00020

Juan Pablo Painceira, Alexis Saludjian

引用次数: 0

Extractive capitalism: transnational miners and Andean peasants in Peru 采掘资本主义:秘鲁的跨国矿工和安第斯农民

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00023

Alejandro N. Garay-Huamán

引用次数: 0

Foreign direct investment in Latin America: effects on growth and development, 1996-2017 拉丁美洲的外国直接投资:对增长和发展的影响，1996-2017

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00018

Marcelo Varela-Enríquez, Gustavo Adrián Salazar

{"title":"Foreign direct investment in Latin America: effects on growth and development, 1996-2017","authors":"Marcelo Varela-Enríquez, Gustavo Adrián Salazar","doi":"10.4337/9781800372146.00018","DOIUrl":"https://doi.org/10.4337/9781800372146.00018","url":null,"abstract":"Latin America receives large flows of foreign direct investment each year, as do other developing countries, but it has not generated the expected macroeconomic effects. This reality generates a broad debate on the effectiveness of foreign direct investment in Latin America, as Growth and development conditions have stagnated in the region. The objective of this chapter is to examine the effectiveness of foreign direct investment on economic Growth and development in Latin America during the period 1996-2017. The methodology used is panel data with long N and T to measure the relationship between capital movements and economic Growth and its relationship with human development in Latin America. To this end, two econometric models are presented, one model to determine the relationship of foreign direct investment with economic Growth, and another model to determine the relationship of foreign direct investment with development, both developed under the same technical criteria. The results, under the premise that Growth is not the same as development, show that foreign direct investment contributes positively to economic Growth as measured by variations in GDP. Simultaneously, money flows sent abroad captured from the balance of net income in the balance of payments sent abroad negatively affect human development.","PeriodicalId":261649,"journal":{"name":"Capital Movements and Corporate Dominance in Latin America","volume":"11 14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115585979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

From "downpour of investments" to debt crisis: the case of Argentina 2015-2019 从“投资倾盆大雨”到债务危机:阿根廷2015-2019年的案例

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00021

Cecilia Allami, P. Bortz, A. Cibils

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Foreign direct investment in the Mexican steel industry 外商对墨西哥钢铁行业的直接投资

Capital Movements and Corporate Dominance in Latin America Pub Date : 2021-06-08 DOI: 10.4337/9781800372146.00016

Samuel Ortiz-Velásquez

引用次数: 0