Generating Savings For Latin American Development
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Generating Savings for Latin American Development
Analyzes the potential for generating savings for Latin America and for several countries in the region. Examines the contribution of savings to the process of capital formation, the relationship between domestic savings and domestic investment, and the effects of foreign investment on savings and capital investment in the region. Specific topics include foreign sources of long-term financing for borrowers in Brazil, the use of ADRs to finance investment in Colombia and Latin America, and Chilean pension fund reform and its impact on savings. Annotation copyrighted by Book News, Inc., Portland, OR
Saving for Development
Author: Inter-American Development Bank
language: en
Publisher: Springer
Release Date: 2016-07-08
Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.
Developing the Global South
For four decades the UN has attempted to foster development in the countries of the Southern hemisphere. The book provides a synopsis of these efforts, from the Brandt Commission Report to Boutros Boutros Ghali's Agenda for Development. It presents opposing arguments in parceling responsibility for the growing gap between the North and the South and details the Millennium Development Goals and assesses their successes and failures so far. Prof. Milkias provides suggestions for closing the gap, for removing the debt burden that is currently crushing the nations of the South, and for relieving the poverty, ignorance and disease that plague so much of humanity.