You are on page 1of 281

201211

REVIEW

Alicia Brcena
Antonio Prado

ECONOMIC
COMMISSION FOR
LATIN AMERICA
AND THE CARIBBEAN
Osvaldo Sunkel
Chairman of the Editorial Board
Andr Hofman
Director
Miguel Torres
Technical Editor

CIP
/ . :
, 2012.11
ISBN 978-7-80234-857-8
. . . . F173.04-53
CIP2012242500
CEPAL Review Special Chinese Edition
Copyright by Economic Commission for Latin America and the Caribbean / ECLAC
United Nations 2012
This work was originally published by Economic Commission for Latin America
and the Caribbean / ECLAC. This Chinese translation was arranged by the Deutsche
Gesellschaft fr Internationale Zusammenarbeit / GIZ. In case of any discrepancies, the
original language will govern.


168 100037

ISBN 978-7-80234-857-8


8891194mm 1/16
17.75
500
2012121
2012121
90.00
01068990535 68990692
01084604601 84604602
http://www.develpress. com. cn
viola_lu@yeah. net

CEPAL REVIEW

Alicia Brcena

III

Alicia Brcena

21

Osvaldo Rosales
1990~2006

41

Roberto lvarez E.Eugenio Figueroa B.Mara Pa Figueroa Z.Macarena Palma E.

55

Rhys Jenkins

69

Eduardo GitliRandall Arce

85

Jorge Blzquez-LidoyJavier RodrguezJavier Santiso

109

Dani Rodrik
131

Manuel R. Agosin

147

Ricardo Ffrench-Davis
163

Jos Antonio Ocampo

185

Ramn Lpez
205

Gustav RanisFrances Stewart

221

1990~2005
Simone Cecchini Andras Uthoff

235

Daniel Sotelsek Leopoldo Laborda


255

Andr HofmanMiguel Torres

273

201211

CEPAL REVIEW

CEPAL
Review

ECLACCDRF

30

20125

CAF

LAIA

2005~2010

Latin America-Asia-Pacific Relations

Observatory

1976

Ral Prebisch36

4000

Thomson

ReutersSSCI

2000~2011

Journal of Economic
Literature

15

201211

II

CEPAL REVIEW

CDRF

BMZ
GIZ

Alicia Brcena

201211

III

CEPAL REVIEW

27

80

GIZ

30

GIZ

201211

1
CEPAL REVIEW 10020104

Alicia Brcena

Alicia Brcena

alicia.barcena@cepal.org

CEPAL REVIEW 10020104

ECLAC

2008

2090

Mario CimoliFilipa CorreiaDaniel Titelmann


Osvaldo KacefJoseluis SamaniegoLuis Yez

CEPAL REVIEW 10020104

19981999

2080

2000~2001

GDP

20706%20
802%2090

2003~2008

3%

208090

2070

Ffrench-Davis2005

Stiglitz2006

200220

80

90

2090
1989

Ocampo2005

90

2002

2070

2003~2007

2090

5%5

3%

11%7.4%

1044%34%

2009a

2090

199412

2003~2008

CEPAL REVIEW 10020104

3.6%

2010

33%

138%

25%

11%

Rosales

2009

2009b

2009f

2002~2008

2008b

a 2009

CEPAL REVIEW 10020104

20081.8

208090

2008

1990

48%200833%

2002

2080

8090

2002

30

2009d

20086

2002~2008

2080

-18%-10%-9%

198020084400

900

-8%

1980~2008

CEPAL REVIEW 10020104

2002~2008

20052006

2002~2008

44%34%19.4%12.9%

5255

0.550.52

0.550.52

5~106

3%5

2009d

2008

2002~2008

CEPAL REVIEW 10020104

BRBOHNNICOPYARPAGT
CLMXDOSVPEECCRUYVE

182002~2008

-1.8%7

1.6PinedaPrez-Caldentey

Titelman2009

2009
1982~1983-1.8%

20021983

FDI6

4.8%

2008

CEPAL REVIEW 10020104

12009-1.5%

8.3%

2008644.13

2009530

9008

2008118

900

200992

500

2009

2009a

24%25%

2009f

2009b2009g

2009hOrozco

2009

40

78

KacefJimnez

20078.9%

2009

7.2%2009

CEPAL REVIEW 10020104

20104.1%

2009a

SME

2009eSojo2009

2009

2010

2006

2009
a

10

CEPAL REVIEW 10020104

1990~2009

CEPAL REVIEW 10020104

11

2009

2004~2007

34

OECD

84

12

CEPAL REVIEW 10020104

200910

20101

20092009

1990~20071

10

52120083.1

22009
2007~20081.25

1.

650020093500
20106700
2009

Ocampo2005

10 1950~2008
2000

CEPAL REVIEW 10020104

13

10

2007

Prebisch1949

2007

11 1970~2006

14

CEPAL REVIEW 10020104

2.

112080

9090

2000~2006

2003~20072

3680

203

905

CimoliPorcile2008

12

11

2080

30~50

90

75Samaniego2009

90

Fajnzylber

1990

CEPAL REVIEW 10020104

15

12 ab1996~2006

a
b

PADIINE
DANEINEGIIBGEBEA

2009c

2020

200912

22020

2050

16

CEPAL REVIEW 10020104

3.

Hopenhayn2001

2080

InfanteSunkel2009

2090

20

2006

1990~2008

85

15

2002~2008

2009d

1990~2008

4.

15

2002~2008

1.71990~2008

Martner2007

CEPAL REVIEW 10020104

17

10

20062007
1

1/3

2008

20082009

-0.3-2.8

18

1998

2008

2009

20104.1

2010

18

CEPAL REVIEW 10020104

Cimoli, Mario and Gabriel Porcile (2008), Volatility and Crisis


in Catching-up Economies: Industrial Path-Through under
the Stickiness of Technological Capabilities and the Red
Queen Effect, document presented at the Mount Holyoke
College Development Economics Conference (Springfield,
Massachusetts, November 2008).

DESA (Department of Economic and Social Affairs) (2010), World


Economic Situation and Prospects 2010, New York, United
Nations, December.
ECLAC (Economic Commission for Latin America and the
Caribbean) (2009a), Preliminary Overview of the Economies
of Latin America and the Caribbean 2009 (LC/G.2424-P),

CEPAL REVIEW 10020104

Santiago, Chile, December. United Nations publication, Sales


No. E.09.II.G.149.
(2009b), El comercio internacional en America Latina
y el Caribe en 2009: crisis y recuperacion (LC/L.3184-P),
Santiago, Chile, December.
(2009c), Economics of Climate Change in Latin America
and the Caribbean: Summary 2009 (LC/G.2425), Santiago,
Chile, November.
(2009d), Social Panorama of Latin America 2009 (LC/
G.2423-P), Santiago, Chile, November.
(2009e), The Reactions of the Governments of the Americas
to the International Crisis: An Overview of Policy Measures
up to 30 September 2009 (LC/L.3025/Rev.5), Santiago, Chile,
October.
(2009f), Latin America and the Caribbean in the World
Economy 2008-2009. Crisis and Opportunities for Regional
Cooperation (LC/G.2413-P), Santiago, Chile, August. United
Nations publication, Sales No. E.09.II.G.62.
(2009g), Economic Survey of Latin America and the
Caribbean 2008-2009 (LC/G.2410-P), Santiago, Chile, July.
United Nations publication, Sales No. E.09.II.G.2.
(2009h), Foreign Direct Investment in Latin America and
the Caribbean 2008 (LC/G.2406-P), Santiago, Chile, May.
United Nations publication, Sales No. E.09.II.G.24.
(2008a), Structural Change and Productivity Growth,
20 Years Later: Old Problems, New Opportunities (LC/
G.2367(SES.32/3)), Santiago, Chile, May.
(2008b), Economic Survey of Latin America and the
Caribbean 2007-2008 (LC/G.2386-P), Santiago, Chile,
August. United Nations publication, Sales No. E.08.II.G.2.
(2007), Progreso tecnico y cambio estructural en America
Latina (LC/W.136), Santiago, Chile, October.
(2006), Shaping the Future of Social Protection: Access,
Financing and Solidarity (LC/G.2294(SES.31/3)), Santiago,
Chile, March.
(2002), Globalization and Development (LC/G.2157
(SES.29/3)), Santiago, Chile, May.
(1998), The Fiscal Covenant: Strengths, Weaknesses,
Challenges (LC/G.1997/Rev.1-P), Santiago, Chile, May.
United Nations publication, Sales No. E.98.II.G.5.
Fajnzylber, Fernando (1990), Industrialization in Latin America:
from the black box to the empty box, Cuadernos de la
CEPAL series, No. 60 (LC/G.1534/Rev.1-P), Santiago, Chile.
United Nations publication, Sales No. 89.II.G.5.
Ffrench-Davis, Ricardo (2005), Reforming Latin Americas
Economies: After Market Fundamentalism, New York,
Palgrave Macmillan.
Hopenhayn, Martin (2001), Old and new forms of citizenship,
CEPAL Review, No. 73 (LC/G.2130-P), Santiago, Chile,
April.
IIF (Institute of International Finance) (2009), Capital Flows to

19

Emerging Markets, Washington, D.C., October.


IMF (International Monetary Fund) (2009), World Economic
Outlook, 2009, Washington, D.C., October.
Infante B., Ricardo and Osvaldo Sunkel (2009), Chile: towards
an inclusive development, CEPAL Review, No. 97 (LC/
G.2400-P), Santiago, Chile, April.
Kacef, Osvaldo and Juan Pablo Jimenez (eds.) (2009),
Macroeconomic Policies in Times of Crisis: Options and
Perspectives (LC/W.275), Santiago, Chile, August.
Martner, Ricardo (2007), La politica fiscal en tiempos de
bonanza, Gestion publica series, No. 66 (LC/L.2736-P),
Santiago, Chile, Latin American and Caribbean Institute for
Economic and Social Planning (ILPES), May. United Nations
publication, Sales No. S.07.II.G.74.
McKinsey Global Institute (2009), Global Capital Markets:
Entering a New Era, McKinsey&Company, New York,
September.
Ocampo, Jose Antonio (ed.) (2005), Beyond Reforms: Structural
Dynamics and Macroeconomic Vulnerability, Washington,
D.C., Stanford University Press/World Bank.
OECD (Organisation for Economic Co-operation and Development)
(2009), OECD Economic Outlook, No. 86, Paris, November.
Orozco, Manuel (2009), Understanding the Continuing Effect of
the Economic Crisis on Remittances to Latin America and the
Caribbean, Washington, D.C., Inter-American Development
Bank, August.
Pineda, Ramon, Esteban Perez-Caldentey and Daniel Titelman
(2009), The current financial crisis: old wine in new
goatskins or is this time different for Latin America?,
Santiago, Chile, Economic Commission for Latin America
and the Caribbean (ECLAC), March, unpublished.
Prebisch, Raul (1950), The Economic Development of Latin
America and Its Principal Problems (E/CN.12/89), New
York, United Nations.
Rosales, Osvaldo (2009), Globalization and the new international
trade environment, CEPAL Review, No. 97 (LC/G.2400-P),
Santiago, Chile, October.
Samaniego, Joseluis (coord.) (2009), Cambio climatico y desarrollo
en America Latina y el Caribe: una resena (LC/W.232),
Santiago, Chile, November.
Sojo, Ana (ed.) (2009), Hacia la universalidad, con solidaridad y
eficiencia: el financiamiento de la proteccion social en paises
pobres y desiguales, Seminarios y conferencias series, No.
55 (LC/L.3034-P), Santiago, Chile, Economic Commission
for Latin America and the Caribbean (ECLAC), May. United
Nations publication, Sales No. S.09.II.G.39.
Stiglitz, Joseph and others (2006), Stability with Growth:
Macroeconomics, Liberalization, and Development, Oxford,
Oxford University Press, October.
WTO (World Trade Organization) (2009), World Trade Report
2009, Geneva, July.

21
CEPAL REVIEW

Osvaldo Rosales

FDI

Osvaldo Rosales

osvaldo.rosales@cepal.org

22

CEPAL REVIEW

2016PPP

GDP

2010

6%20114%2003~2008

30

Rosales2009

OECD

SME

CEPAL REVIEW

23

2009

2015

2010b

12001~2008

2015

1/420092/3

1/3

2010

IMF

Economic Perspectives20114

2017

10

2010

79%

30%

2.5%

2010

10.5%1.7%

2001

32000

200720272040

205084%

2008

24

CEPAL REVIEW

1 1979~2010

2 2000~2012

20114

CEPAL REVIEW

25

1/21/3

1/21/4

20081990

5%

2010

23.1%14.5%

415.4%11.4%

G7

30%

G20

20%

53%28%23%2000~2007

1980~2016
10

20114

26

CEPAL REVIEW

4 2007~2010

WTO20102011/62820114
*

CEPAL REVIEW

27

10%40%

43%

2015

20101

2010

12

ASEAN

5 20002009

World Commodity Forecasts: Industrial Raw Materials20101


World Commodity Forecasts: FoodFeedstuffs and Beverages201011

28

CEPAL REVIEW

1%

1.

218%

2090

60%

17

200440%

14

2080

20%2009 13%20

2090

1716

20002009

2009(DOTS)

COMTRADE

CEPAL REVIEW

29

2000~2020a

a 16

30

CEPAL REVIEW

2000~2009

CACM
20002009
200912
200912
>10%
<10%

CEPAL REVIEW

31

90%

70%

2008

23

2008

24

710

10

3
MERCOSUR

32

CEPAL REVIEW

7 1985~2009
10
a

CEPAL REVIEW

90%

33

Rosales2010

20

2007JenkinsDussell

80%

Peters2009JenkinsDussell Peters

2001~2006

5052

200511

4%

2003

90%85%

2008

20092010

2.

34

CEPAL REVIEW

9%17%

13%8

90%

2009

17%

Sinopec71

41095%

YPF40%

CNOOC

Sinochem

2010

Chinalco

Minmetals

150

Wuhan

2008~2009

MOFCOM20104

CEPAL REVIEW

35

Huawei

32011227

ZTE

BYD

CheryGeely

8 2006~2010a

a 80%
2011415

36

CEPAL REVIEW

21

2010

2010

CEPAL REVIEW

37

2010

20101

11945

10

IIRSA

CCPIT

IDBCAF

2015

38

CEPAL REVIEW

2009

(a)

(b)

(c)

Osvaldo Rosales2009

1125www.cepal.org/comercio

CEPAL REVIEW

39

200811

2008

2007

LAPA

Rosales2010

20114

ECLAC (Economic Commission for Latin America and the


Caribbean) (2010a), The Peoples Republic of China and
Latin America and the Caribbean: Towards a Strategic
Relationship (LC/L.3224-P), Santiago, Chile, May.
(2010b), Latin America and the Caribbean in the World
Economy 2009-2010. A Crisis Generated in the Centre and a
Recovery Driven by the Emerging Economies (LC/G.2467-P),
Santiago, Chile, December. United Nations publication, Sales
No. E.10.II.G.5.
(2009), Latin America in the World Economy 2008-2009.
Crisis and Opportunities for Regional Cooperation (LC/
G.2413-P), Santiago, Chile, December. United Nations
publication, Sales No. E.09.II.G.62.
(2008), Opportunities for Trade and Investment between
Latin America and Asia-Pacific (LC/L.2971), Santiago,
Chile, November.
Goldman Sachs (2007), BRICs and Beyond, New York, Global
Economics Department.

Jenkins, Rhys and Enrique Dussel Peters (eds.) (2009), China


and Latin America: Economic Relations in the Twenty-first
Century, Bonn, German Development Institute/National
Autonomous University of Mexico.
Maddison, Angus (2010), Statistics on World Population, GDP and
Per Capita GDP, 1-2008 AD [online] http://www.ggdc.net/
MADDISON/ oriindex.htm.
OECD (Organization for Economic Cooperation and Development)
(2007), Latin American Economic Outlook 2008, Paris.
Rosales, Osvaldo (2010), El dinamismo de China y Asia
emergente: oportunidades y desafos para Amrica Latina y el
Caribe, Pensamiento iberoamericano, No. 6, Madrid.
(2009), Speech given at the Third China-Latin American
Business Summit (Bogot, November 25) [online]
http:www.cepal.org/comercio.
(2008), G20 Summit and the road ahead, China Daily,
Beijing, November 19.

41
CEPAL REVIEW 9820098

1990~2006
Roberto lvarez E.Eugenio Figueroa B.
Mara Pa Figueroa Z.Macarena Palma E.

1990~2006
79
Roberto lvarez E.

ralvarez@bcentral.cl

Eugenio Figueroa B.

efiguero@econ.uchile.cl

Mara Pa Figueroa Z.

mfiguero@fen.uchile.cl

Macarena Palma E.

mpalma@fen.uchile.cl

42

CEPAL REVIEW 9820098

20

15%LehmannMoreno

Jaramillo2007

Mesquita Moreira

2007Moreira

1990~200679

17

115.43158.4

9%

14.8206.1

66.3884.3

2.465.3

11.7335.2

11990~2006530

7900
41057002

41990~2006

82%1990

80.3669.6

Leamer1984

Mario CimoliFilipa CorreiaDaniel Titelmann

Blzquez-LidoyRodrguezSantiso2006Claro

Osvaldo KacefJoseluis SamaniegoLuis Yez

2006DevlinEstevadeordalRodrguez-Clare2006

RosalesKuwayama2007

1990~2006

CEPAL REVIEW 9820098

: 1990~2006
10

COMTRADE

1990~2006
10

COMTRADE

1990~2006

43

44

CEPAL REVIEW 9820098

1990~2006
10

COMTRADE

1990~2006

CEPAL REVIEW 9820098

45

41%200667%2006

61%

PerkinsSyrquin1989

41%

2090

Leamer1995

0.74%

0.43%0.36%0.09%0.34%

0.31%20060.53%

1990~2006

a 19902006
COMTRADE

1990~2006

COMTRADE

1990~2006

46

CEPAL REVIEW 9820098

1990~2006

COMTRADE

1990~2006

CEPAL REVIEW 9820098

47

1.

Tinbergen1962

BaierBergstrand

2007Rose

2004BlumGoldfarb

2006

Leamer1987

 (1)

X ij ijGDP i

iDIST

BORDLANG

791343
(2)

123

1990~2006

ln (1+X)

792

2.

COMTRADE 4

SITC2

1990~2006 5

Leamer1984

15
Leamer1987
Schott2003

comtrade.un.org

19621990

1990~2006

48

CEPAL REVIEW 9820098

Rose2004

BosworthCollins

CEPII

2003

http://www.cepii.org/anglaisgraph/bdd/bdd.htm

CEPIIB. BosworthS.M. CollinsThe empirics of growth: an update


3422003COMTRADE

(3)

190%

-1.98-1.47

Rose2004

1990~2006

CEPAL REVIEW 9820098

49

10%10%

79

(4)

PerkinsSyrquin1989

Hanson

Xiang2004

35%

1990~2006

p < 0.01b p < 0.05c p < 0.1

1990~2006

50

CEPAL REVIEW 9820098

WacziargHorn-

Welch20031990~2000

40%

73%

20%

20%

1990~2006

CEPAL REVIEW 9820098

51

Leamer

E.E. LeamerThe Heckscher-Ohlin model in theory and practicePrinceton Studies in International Finance77
1995

1990~2006

52

CEPAL REVIEW 9820098

http://go.worldbank.org/LGOXFTV550

CEPIIB. BosworthS.M. CollinsThe empirics of growth: an update


3422003COMTRADE

1990~2006

CEPAL REVIEW 9820098

53

lvarez, R. and J.R. Fuentes (2006), Paths of development,


specialization, and natural resources abundance, Working
Paper, No. 383, Santiago, Chile, Central Bank of Chile,
December.
Baier, S.L. and J.H. Bergstrand (2007), Do free trade agreements
actually increase members' international trade?, Journal of
International Economics, vol. 71, No. 1, Amsterdam, Elsevier.
Blzquez-Lidoy, J., J. Rodrguez and J. Santiso (2006), Angel or
demon? China's trade impact on Latin American countries,
CEPAL Review, No. 90 (LC/G.2323-P), Santiago, Chile,
December.
Blum, B. and A. Goldfarb (2006), Does the Internet defy the law
of gravity?, Journal of International Economics, vol. 70, No.
2, Amsterdam, Elsevier.
Bosworth, B. and S.M. Collins (2003), The empirics of growth:
an update, Brookings Papers on Economic Activity, vol. 34,
No. 2, Washington, D.C., The Brookings Institution.
Claro, S. (2006), Implications of Chinas emergence in the global
economy for Latin America and the Caribbean region.
Background paper: Chile, Integration and Trade, No. 24,
Buenos Aires, Institute for the Integration of Latin America
and the Caribbean (INTAL)/Inter-American Development
Bank (IDB), January/July.
Devlin, R., A. Estevadeordal and A. Rodrguez-Clare (2006),
The Emergence of China: Opportunities and Challenges
for Latin America and the Caribbean, Washington, D.C.,
David Rockefeller Center for Latin American Studies/InterAmerican Development Bank.
Feenstra, R.C. and others (2004), World trade flows: 1962-2000,
NBER Working Paper, No. 11040, Cambridge, Massachusetts,
National Bureau of Economic Research.
Hanson, G. and C. Xiang (2004), The home market effect and
bilateral trade patterns, American Economic Review,
vol. 94, No. 4, Nashville, Tennessee, American Economic
Association.

Leamer, E.E. (1995), The Heckscher-Ohlin model in theory and


practice, Princeton Studies in International Finance, No. 77,
Princeton, Princeton University.
(1987), Paths of development in the three-good n-factor
general equilibrium model, Journal of Political Economy,
vol. 95, No. 5, Chicago, University of Chicago Press.
(1984), Sources of International Comparative Advantage: Theory
and Evidence, Cambridge, Massachusetts, The MIT Press.
Lehmann, S., D. Moreno and P. Jaramillo (2007), China,
commodity prices and Latin American performance: a few
stylized facts, Working Paper, No. 424, Santiago, Chile,
Central Bank of Chile, August.
Mesquita Moreira, M. (2007), Fear of China: is there a future for
manufacturing in Latin America?, World Development, vol.
35, No. 3, Amsterdam, Elsevier.
Perkins, D.H. and M. Syrquin (1989), Large countries: the
influence of size, Handbook of Development Economics,
vol. 2, Amsterdam, Elsevier.
Rosales, O. and K. Kuwayama (2007), Latin America meets China
and India: prospects and challenges for trade and investment,
CEPAL Review, No. 93 (LC/G.2347-P), Santiago, Chile.
Rose, A. (2004), Do we really know that the WTO increases
trade?, American Economic Review, vol. 94, No. 1,
Nashville, Tennessee, American Economic Association.
Schott, P.K. (2003), One size fits all? Heckscher-Ohlin
specialization in global production, American Economic
Review, vol. 93, No. 3, Nashville, Tennessee, American
Economic Association.
Tinbergen, J. (1962), Shaping the World Economy: Suggestions for
an International Economic Policy, New York, The Twentieth
Century Fund.
Wacziarg, R. and K. Horn Welch (2003), Trade liberalization and
growth: new evidence, NBER Working Paper, No. 10152,
Cambridge, Massachusetts, National Bureau of Economic
Research, December.

1990~2006

55
CEPAL REVIEW 10320114

Rhys Jenkins

2002~2008

15

17

Rhys Jenkins

R.O.Jenkins@uea.ac.uk

56

CEPAL REVIEW 10320114

Lehmann

2007Cesa-Bianchi2009Caldern

2002~2008

2009

2005

II20065Streifel

2006ParkZhai2006

2006CheungMorin20072008

2002~2007

2006

20

2007

comtrade
2007

2/3
Lehmann

MorenoJaramillo2007
2007

57

CEPAL REVIEW 10320114

15 1

20022007

2007152600
2/3
1/3

2008I.8GallagherPorzecanski2009
RosalesKuwayama200785

Streifel2006
200652

GDP
20052.2

CheungMorin
2007
20092.5

40%

20082008

2002

2.1E.08.II.D.21

2002~2007

CheungMorin20074

2002~2007

1/51/3

200549~50

20042008

2002

2070

2000

2090

1SITC0-468

200545

58

CEPAL REVIEW 10320114

CheungMorin2007

200547~492070

2004

2002~2007

1/1027

1/4

1995~20041

20064-3

2.8

2006

4-14-2

2002

21

Caldern2009

542002~2003

2005

22002~2007

2009

6163

3021

20

9021

2002

22004

3199085%

200345%200574

CEPAL REVIEW 10320114

59

200725%

20092

20081.42002~2007

113%

SDR80%

20082.1

20065.1

20022007

2525%

12%

20092

2002

20072008

2008

2007315

52003~2007

4.6%

2007

Timmer20101

2002~2007

200715

2002~2007
4

2007

2002

5
Dollar2009Timmer
4

2010

60

CEPAL REVIEW 10320114

BP

20022007

2008

FAO

2007

2002~2007

2007

20071715

2007

20062008

23

1.

2002~2007

32002~2007

CEPAL REVIEW 10320114

61

2007

a 2002~20072007
2

2007

a 2002~20072007
3

62

CEPAL REVIEW 10320114

2.

2090
Ray2008

2090

2002

2002

2002

170200670

(COCHILCO)2008

2003~2006

WilliamsHarlyn Meade2007

40%

Ostensson2005

10%~25%

180%

2002~2006

OPEC

2002

20081.18

10%

20081.5

61995~2004
200%12%~37%
2006A.6

CEPAL REVIEW 10320114

63

2007

2002

Ray2008

15

152007

410~730560

20071521%

7%

3/4

10%

2007

1217

4.5
~12

15

16%

340~610410~730

64

CEPAL REVIEW 10320114

152007

2007

415

6172007
15
2002

CEPAL REVIEW 10320114

20%~50%

65

7%~20%

10%

Jenkins2008

Devlin20062Ellis20092

Gonzlez2008

340

420~750

20074102002

66

CEPAL REVIEW 10320114

Akiyama, T. and P.N. Varangis (1990), The impact of the


International Coffee Agreement on Producing Countries,
World Bank Economic Review, vol. 4, No. 2, Oxford, Oxford
University Press.
Behrman, J. (1979), International commodity agreements:
an evaluation of the UNCTAD Integrated Commodity
Programme, Policy Alternatives for a New International
Economic Order: an Economic Analysis, W.R. Cline (ed.),
New York, Praeger Publishers.
Bergman, M. and R. Braunalund (1995), Measuring oligopsony
power: an application to the Swedish pulp and paper
industry, Review of Industrial Organisation, vol. 10, New
York, Springer.
Borrell, B. and K. Hanslow (2004), Banana Supply Elasticities,
Canberra, Centre for International Economics.
BP (British Petroleum) (2008), bp Statistical Review of World
Energy 2008, London.
Caldern, C. (2009), Tr a d e , s p e c i a l i s a t i o n , a n d c y c l e
synchronization: explaining output comovement between

Latin America, China and India, Chinas and Indias


Challenge to Latin America: Opportunity or Threat?, D.
Lederman, M. Olarreaga and G. Perry (eds.), Washington,
D.C., World Bank.
Cesa-Bianchi, A. and others (2009), On the Transmission of Global
Shocks to Latin America Before and After Chinas Emergence
in the World Economy, draft.
Cheung, C. and S. Morin (2007), The impact of emerging Asia on
commodity prices, Working Paper, No. 07-55, Ottawa, Bank
of Canada.
Choe, B.J. (1990), The metals price boom of 1987-89: the role
of supply disruptions and stock changes, Policy Research
Working Paper Series, No. 542, Washington, D.C., World
Bank.
COCHILCO (Chilean Copper Commission) (2008), Anuario de
estadisticas del cobre y otros minerales, 1988-2007, Santiago,
Chile.
Devlin, R., A. Estevadeordal and A. Rodriguez-Clare (2006), The
Emergence of China: Opportunities and Challenges for

CEPAL REVIEW 10320114

Latin America and the Caribbean, Washington, D.C., InterAmerican Development Bank.
DFID (Department for International Development) (2005), China
and Forest Trade in the Asian Pacific Region: Implications
for Forests and Livelihoods: Overview, London.
Dollar, D. (2009), Can China become the engine of world
economic growth?, East Asia & Pacific on the rise [online]
http://blogs. worldbank.org/eastpacific/print/2558
ECLAC (Economic Commission for Latin America and the
Caribbean) (2008), Economic and Trade Relations between
Latin America and Asia-Pacific: the Link with China, (LC/
L.2959), Santiago, Chile, October.
Ellis, R.E. (2009), China in Latin America: The Whats and
Wherefores, Boulder, Lynne Reiner.
FAPRI (Food and Agricultural Policy Research Institute) (s/f),
Elasticities Database, University of Iowa [online] http://
www. fapri.iastate.edu/tools/elasticity.aspx
Gallagher, K. and R. Porzecanski (2009), China and the Latin
America commodities boom: a critical assessment, Working
Paper, No. 192, Amherst, Political Economy Research
Institute, University of Massachusetts.
Gonzalez, F. (2008), Latin America in the economic equation.
Winners and losers: what can losers do?, Chinas Expansion
into the Western Hemisphere: Implications for Latin
America and the United States, R. Roett and G. Paz (eds.),
Washington, D.C., Brookings Institution Press.
IISI (International Iron and Steel Institute) (2008), World Steel in
Figures, 2008, Brussels.
(2004), World Steel in Figures, 2004, Brussels.
IMF (International Monetary Fund) (2008), World Economic
Outlook, Washington, D.C., April.
(2006), World Economic Outlook, Washington, D.C.,
September.
Jenkins, R. (2008), Chinas global growth and Latin American
exports, wider Research Paper, No. 2008/104, Helsinki,
United Nations University/World Institute for Development
Economics Research.
Krichene, N. (2005), A simultaneous equation model for world
crude oil and natural gas markets, IMF Working Papers, No.
05/32, Washington, D.C., International Monetary Fund.
Lehmann, S., D. Moreno and P. Jaramillo (2007), China,
commodity prices and Latin American performance: a few
stylized facts, Working Paper, No. 424, Santiago, Chile,
Central Bank of Chile.
Ostensson, O. (2005), The Outlook for Iron Ore Supplies,
presentation at the OECD Special Meeting at High Level on
Steel (Paris, 12 -13 January 2005).
Park, C-Y. and F. Zhai (2006), Asias imprint on global commodity
markets, ERD Working Paper, No. 90, Manila, Asian

67

Development Bank.
Ray, D. (2008), Chinas Dramatic Growth in Soybean Imports
and Its Commodity Price Impact, Knoxville, University of
Tennessee, Agricultural Policy Analysis Center.
Rosales, O. and M. Kuwayama (2007), Latin America meets China
and India: prospects and challenges for trade and investment,
CEPAL Review, No. 93 (LC/G.2347-P), Santiago, December.
Sarmiento, C. and P.G. Allen (2003), Dynamics of beef supply in
the presence of co-integration: a new test of the backward
bending hypothesis, Review of Agricultural Economics, vol.
22, No. 2, Wisconsin, Agricultural & Applied Economics
Association.
Slade, M. (1992), Environmental costs of natural resource
commodities: magnitude and incidence, Policy Research
Working Papers, No. 991, Washington, D.C., World Bank.
Solingen, B. and R. Sedjo (1996), A comparison of timber models
for use in public policy analysis, Discussion Papers, No.
96-12, Washington, D.C., Resources for the Future.
Streifel, S. (2006), Impact of China and India on Global Commodity
Markets: Focus on Metals and Minerals and Petroleum,
Washington, D.C., World Bank.
Timmer, H. (2010), Can China become the engine for world
economic growth?, Prospects for Development [online]
http:// blogs.worldbank.org/prospects/print/562
UNCTAD (United Nations Conference on Trade and Development)
(2009), Trade and Development Report 2009 (UNCTAD/
TDR/2009), Geneva.
(2008), Trade and Development Report 2008 (UNCTAD/
TDR/2008), Geneva. United Nations publication, Sales No.
E.08.II.D.21.
(2005), Trade and Development Report 2005 (UNCTAD/
TDR/2005), Geneva. United Nations publication, Sales No.
E.05.II.D.13.
United States International Trade Commission (2006), The effects

of increasing Chinese demand on global commodity
markets, Staff Research Study, No. 28, Washington, D.C.
Valdez, A. and J. Zietz (1980), Agricultural Protection in OECD
Countries, Washington, D.C., International Food Policy
Research Institute.
Williams, L. (2007), Global Capital and the Zinc Market, Global
Capital Conference [online] http: //www.mineweb.com/
mineweb/view/mineweb/en/page36?oid=37500&sn=Detail
Williams, G. and R.L. Thompson (1984), Brazilian soybean
policy: the international effects of intervention, American
Journal of Agricultural Economics, vol. 66, No. 4, Wisconsin,
Agricultural & Applied Economics Association.
World Bank (2009), Global Economic Prospects 2009, Washington,
D.C.

69
CEPAL REVIEW 7420018

Eduardo GitliRandall Arce

WTO

NAFTA

2000101

Eduardo Gitli

(CINPE),
egitli@racsa.co.cr

Randall Arce

(CINPE),
marce@racsa.co.cr

70

CEPAL REVIEW 7420018

199911

GATT

194823

1949

1985~1989

1986

20%Mody Wang1997294

19873

SEZs

10

2000

1999b

13

2~23

1990~1997GDP

11%

8%19981999

0.8%1.4%1999

BosworthOfer1995

2000b199671.2%
1

1998

51.8%

42.6%LinCai Li1998

19993

422

1997

19.6%7.3%

GNP42

7.2%5.8%

70%FDI

31997

53.7%

CEPAL REVIEW 7420018

:1997

71

22.7%20.2%18.2%
2000a

34.8%
12.8%9.8%7.4%
7.1%
2000a4
20
1997
85%5

(1999b)

62%
1999b2~14

4
5PC-TAS

30

1987

1995

2/3

GAO20009

2/3
7

1998

12
2000

72000735

199242.7%

199817%2005

72

CEPAL REVIEW 7420018

10%

199212471998
400



150

GAO2000

CEPAL REVIEW 7420018

73

1.

1997

1996

7.2%19935.4%

1997

21993~1997

1.9%

413

199725.9%

15.1%497.47

12

31998

29%21.4%

13.1%

10.1%

31.9%

15

26.6%11.5%

:
()

(USDC) (MAGIC)
(PC-TAS)

2.

19991115

82000

74

CEPAL REVIEW 7420018

1998a
10

a 21
:

25%

13.3%

49%

12%~18%

30%

15%~25%5% ~ 7.5%

1997

50%

20

200812

90

314

1999

2000

1997

24.6%2005

31%20041

9.4%

14%22%

7.l%2003

17.5%

80%~100%2006

25%
9

10

2005
10
9

6090

2000a

2000c

CEPAL REVIEW 7420018

75

19992000519

1997

2000

3.

13

2000c

Alexander Haig

Henry KissingerJames Baker

Warren Christopher

11

1999
11

Bates

20009

1999

MFNPNTR

1974

Lardy2000

76

CEPAL REVIEW 7420018

199013.9%

199811.4%

12

0.2%0.5%

1999a13

19972

1999

6.6%

42000

0.7%

2
2090

1.

6
13
12

Gitli Arce2000a

1998a

a 21

CEPAL REVIEW 7420018

77

, 1990~1999

2000519

15018.6%10.6%
70%25%10%
5226%35%5%10%

25%35%49%
750-50
2000030

2000

1994

783.7%

NAFTA

63.9%

14

1998

43.2%

19941995

Gitli Arce2000a

14

78

CEPAL REVIEW 7420018

16.5%

20053 15

20054

2005

16

20056

15

37%

162008

1999

: 1997

(1999b

2000
CBI
2000101

17

1999b

178

CEPAL REVIEW 7420018

79

/:

2005

a, b

1995~1998

1998

T189

CBI

1993

12.819984.5

1999b86

Gereffi2000

64%

Ng

Yeats1999

1996

199367.5199859.6

58.5%

1999b82

19

17%
28.5%33.6%
10

199542%

Arias1999; Ziga1999Gereffi

40%7%6%

2000

55%
1999b85

183.7%2.6%
2.4%6203424015 6109100012

19

6105100010

80

CEPAL REVIEW 7420018

19842000
ab

6115
250
200416%

T61091000T
61099010
T420200416%
621210
75%

a 1990

1990

23

: Gitli Arce 2000b

2005

13.1%

2.

64

CEPAL REVIEW 7420018

81

82

CEPAL REVIEW 7420018

10 a

1994

19900.5%19987.7%1995
10%

21
27%
4%
54%11

a
1999b871996
1998Gitli1997

0.5%
1990~1998
0%37.1%1990~1998

14.2%35.5%
2000

199082%

199818%

34.2%

66.5%

1996~1998

60%1995~1998100

1995~199828%

6406106500
/

3. 22

6404193515

4%

1998

2.8%

199047.3%199860.5%1994

63.3%

30.3%5.5%30%

201995

0.2%

208%

21

1999c

229018908000

83

CEPAL REVIEW 7420018

11

a
1995~1998

4. 23

19982.6%
1997
2.2%
1998
7.9%5%

2000~2005

2005

23

199412

0.2%

238473301000

84

CEPAL REVIEW 7420018

Arias, C. (1999): Guatemala busca alternativas competitivas,


Georgia, Apparel Industry International/Bill Communications,
September-October.
Bates, G. (1999): Limited engagement, Foreign Affairs, vol. 78,No.
4, New York, Council on Foreign Affairs.Bosworth, P. and G.
Ofer (1995): Reforming planned economies,An Integrating
World Economy, Washington, D.C., The Brookings Institution.
Chacn, F. (2000): International trade in textiles and garments:
Global restructuring of the sources of supply in the United
States in the 1990s, Integration and Trade, vol. 4, No. 11,
Washington, D.C., Inter-American Development Bank (IDB).
Economy, E. (1999): Painting China green, Foreign Affairs, vol.78,
No. 2, New York, Council on Foreign Affairs.
Elliot, R. (2000): Argentina Sees Fatter Farm Exports with China
Pact, Reuters, 22 March.
EU (European Union) (2000): The Sino-EU agreement on Chinas
accession to the WTO: Results of the bilateral negotiations,
Brussels, May, www.europa.eu.int.
GAO (General Accounting Office) (2000): World Trade
Organization.
Chinas Membership Status and Normal Trade Relations Issues,
Washington, D.C.
Gereffi, G. (2000): The transformation of the North American
apparel industry: Is NAFTA a curse or a blessing?, Integration
and Trade, vol. 4, No. 11, Washington, D.C., IDB.
Gitli, E. (1997): La industria de la maquila en Centroamrica, San
Jos, Costa Rica, International Labour Organization (ILO),
December.
Gitli, E. and R. Arce (2000a): The imbalances of the Caribbean
Basin countries with respect to NAFTA: The garment
industry, Integration and Trade, vol. 4, No. 11, Washington,
D.C., IDB.
(2000b): Qu significa para la cuenca del Caribe la
ampliacin de preferencias comerciales de EE.UU.?,Captulos,
No. 59, Caracas, Latin American Economic System (SELA).
IMF (International Monetary Fund) (2000a): Balance of Payment
Statistics, Washington, D.C.
(2000b): International Financial Statistics, Washington,
D.C. Lardy, N. (2000): Permanent Normal Trade Relations for
China, Policy Brief No. 58, Washington, D.C., The Brookings
Institution, May.
Lin, J.Y., F. Cai and Z. Li (1998): Competition, policy burdens,
and state-owned enterprise reform, The American Economic
Review, vol. 88, No. 2, Nashville, Tennessee, American
Economic Association.
Ministry of Foreign Trade (2000): Proceso de adhesin de China
a la OMC: estado a mayo de 2000, San Jos, Costa Rica,
Foreign Trade Office.

Mody, A. and F. Wang (1997): Explaining industrial growth in


coastal China: Economic reforms...and what else?, The World
Bank Economic Review, vol. 11, No. 2, Washington, D.C.,
World Bank.
Ng, F. and A. Yeats (1999): Production Sharing in East Asia: Who
Does What for Whom and Why?, Washington, D.C., World
Bank, Trade Team, Development Research Group.
Public Citizen (1999): Clarifying the rules on WTO accession.
China and MFN status, Washington, D.C., Public Citizen
Global Trade Watch, 24 May, http://www.citizen.org.
The Economist (1997): A survey of China: Ready to face the
world?, London, The Economist Newspaper Limited, March.
The Journal of Commerce (2000a): China should listen, The Journal
of Commerce Online, 4 February, http://www.joc.com.
(2000b): Time runs down on China Pact, The Journal of
Commerce Online, 18 February, http://www.joc.com.
(2000c): Clintons biggest battle this year: trade, The
Journal of Commerce Online, 23 February, http://www.joc.
com.
UNCTAD (United Nations Conference on Trade and Development)
(1999): World Investment Report 1999: Foreign Direct
Investment and the Challenge of Development, New York.
United Nations (1999): World Economic and Social Survey 1999.
Trends and Policies in the World Economy, New York. United
Nations publication, Sales No. E.99.II.C.1.
United States-China Business Council (2000): Copy of U.S.China Bilateral Market Agreement as Released by USTR on
March14, 2000, Washington, D.C., http://www.uschina.org.
USITC (United States International Trade Commission) (1999a):
Industry and Trade Summary: Apparel, Publication No. 3169,
Washington, D.C., March.
(1999b): Assessment of the Economic Effects on the United
States of Chinas Accession to the WTO, Investigation No.
332-403, Washington, D.C., September.
(1999c): Production Sharing: Use of U.S. Components
and Materials in Foreign Assembly Operations, 1995-1998,
Investigation No. 332-237, Washington, D.C., December.
White House (2000): Summary of U.S.-China Bilateral WTO
Agreement, Washington, D.C., China Trade Relations
Working Group, 2 February.
World Bank (1999): World Development Indicators, 1999,
Washington, D.C.
WTO (World Trade Organization) (2000): Chinas accession to the
WTO, www.wto.org/wto/about/china.html.
Ziga, C. (1999): El Salvador se enfoca en el paquete completo,
Apparel Industry International, Georgia, Bill Communications,
NovemberDecember.

85
CEPAL REVIEW 90200612

Jorge Blzquez-LidoyJavier RodrguezJavier Santiso

620
1998~20043415

Jorge Blzquez-Lidoy

blazquezlidoy@telefonica.net

Javier Rodrguez
(BBVA)

javier.rgarcia@grupobbva.com

Javier Santiso
OECD

javier.santiso@oecd.org

86

CEPAL REVIEW 90200612

20
1

GDP

13

209.5%

2040

1%6%

2003

45

2005

2004

200410

2005

50~60

2006
Santiago SanzJuan

20

Antonio RodrguezLuciana Taft

Jos Mara lvarez PalleteClaustre BajonaJean Christophe

BasDominique BocquetGuillermo CalvoEliana Cardoso


Luis Miguel CastillaCarlos ElizondoBarry EichengreenAntoni
EstevadeordalAlbert FishlowErnesto GabaAlicia GarcaHerreroAndrea GoldsteinRicardo HausmannBert Hofman

Louka KatseliNathaniel KarpSanjay LallRichard Lapper

Nicholas LardyBndicte LarreEduardo Lora

1000150

Jos Luis MachineaOsmel ManzanoDiane McCollum

YaoLi (2003)

Alejandro MiccoCharles OmanJim ONeillLuisa Palacios

420032004

Guillermo PerryNicolas PinaudPhilip Poole

(Eichengreen2004 2006)

Helmut ReisenGermn RosDani RodrikManuel Snchez

5Deutsche Bank(2004)the Bank of

David Taguas

Spain(2004) 20

12003GDP

9.1%

11%20052003GDP

Dealogic

Alwyn Young1978~1998

1.7Young2000 2003

2003IPO

CEPAL REVIEW 90200612

87

15

1820

GDPGDP

30%

(IMF

2004HSBC2005)

Rumbaugh

Blancher(2004)

(AhearneFernald

Rumbaugh

2003)

Blancher(2004)

(GoldsteinPinaud 2006)

(ECLAC2005Andean Development

( Eichengreen 2004)

Corporation2006)

(Lin2004LallWeiss2004)

198860%

2%2005

70%

2005

2004101

(IDB2004)

2005GDP70%

Enrique Iglesias

30%

60%~65%

Soler (2003)2003~2012

20036

(BBVA2003)

1%

2004

(BBVA2004)

6Angus Maddison
(Maddison1998)Carol ShiueWolfgang Keller
(2004a 2004b)

7Lora (2004a) IDB (2006)


8LAEBAwww.

laeba.org/index.cfm

88

CEPAL REVIEW 90200612

1978

(Lora,2004b)

1978~2005GDP

9.5% 20

200112

10

6.4%

11

40.6%1

2001

2090

10
(Chu Prusa2004)
112002~2004

9Yifu Lin 2004Zijian Wang

Wei2004

20

2004

a 20051~6
b

CEPAL REVIEW 90200612

89

1/42002

112

440

20
1980

300

0.9%2002

5%20036%2004

1990~200290%

425%

2004

304

69.2%4

UNCTAD

12

620

ECLAC

SIGCI

2004

87.4%3

199828.0%
46.6%18.6

12www.intracen.org

90

CEPAL REVIEW 90200612

Intracen2004

Intracen2004/

CEPAL REVIEW 90200612

91

CI

61

13

34

CS
CC

2003200280%
2001~2004

aitajttnij

200575%

ij

Aracruz

12%15

14

3415

19982004

(Paiva

de Abreu2005)

34
719982004

1320032004

1520045400

140.94

92

CEPAL REVIEW 90200612

2002~2004a

2002~2004

2000~2002

CEPAL REVIEW 90200612

2002~2004

93

94

CEPAL REVIEW 90200612

1998~20012001~2004

16

2003

12.1%

Berges (2004)

17

CI

18

14

1511

200585%

16Soler(2003)

171

18www.intracen.org

CEPAL REVIEW 90200612

95

Intracen/2004

EvansHarrigan(2003)

1994

1/4

2090

Hummels

(Deardoff2004)

2001a

HarriganVenables(2004)

(Disdier Head

Hummel (2001b)

2004)

(BrunCarrBr 2005) Anderson

vanWincoop (2003)

96

CEPAL REVIEW 90200612

19

Hummels (2001b)

21

1955~1997Glaeser

Kohlhase2003

BerthelonFreund2003

20

77025%30%

22ClarkDollarMicco (2004)

CarrereSchiff

2003

1/41/4

1962~2000

12%

10%

DOT

15%

DisdierHead2004

715

55856

11

20

1/4

1/412%5000

20

ClarkDollar
Micco200430

21
1%18%

19Andersonvan Wincoop2004
20

2
22LimaoVenables200010%
20%
40%

620

15

97

CEPAL REVIEW 90200612

CSm

1.2111

CCm

23

aittn

ajttn

92003

1998~2004CSm

24

CCm

50%

CIm8

20%2003

20031/3

1997~2004

a 2001~2004

23

a CIm

2002~2004

2000~2002

IanchovichinaWalmsley2003
242004
34.3%19977.4%2004

25.3%19975%2004
7.2%19972.3%

98

CEPAL REVIEW 90200612

40%

66%

2004

47%40%9.3%

1983

2004

180

1002000~2004

10

LatinFocus (2004)

IanchovichinaMartin (2003)

25

(IMF2004)

( Yang2003; HSBC

2005)21

9%

20

25(IMF2004)

99

CEPAL REVIEW 90200612

11

GDP

GDP

1952~1972
1979~1999
8.5%26 13%27

0.6%
1952~19725.8%
0.6%1979~19993.7%

Summers Heston

0.6%3

2050GDP2080
GDP1160%
15%25%28
GDPGDP

29
20056.1%
7.3%1019

26
27Summers HestonPWT 6.1Heston
Summers1997

29IanchovichinaMartin2001

28

3 GDP

Summers Heston

100

CEPAL REVIEW 90200612

GDP321

20024.4%

209016%

7%

42000

20108%2020
18%

GDPSummers
Heston30GDP

12

GDP2002 ~2020

GDP

12312090
10.1%3.3%
3.4%20

32

30GDP

31

33

32WilsonPurushothaman
2003 GaulierLemoinenal-Kesenci,2005
2005

33(2004)

4 GDP
GDPGDP

Summers Heston

CEPAL REVIEW 90200612

101

(Lall

Weiss2004)

2003

35 2004

2020

GDP1/4

4%

2001~2003

2090

270110

2020011502000

200420052003

52%

30%

2/3

2003550(

365 36 2004

2005600

34

10
37

(Xiao2005)

1/4

2003

35ECLAC2004a
36ECLAC2004b2003
8801999

341670

37MITHuang

2003http://www.cecc.gov/pages/

( Shixue2004)

hearings/092403/huang.php

102

CEPAL REVIEW 90200612

2002

23%

1013

13666%

50

38

20 90

39

1991~2003

20

3502003

(McKibbin ThyeWoo

20

2003)

2004

1984~2001Garcia-Herrero

50%30%

2005

70

1995~2001

60%

16%

20042005

600

2004

80%180

40
2004

38

2004

17.5IBM50

130

(2005)
400

0.5%

2001

28

44

Chang Wong2003;

WongOpper Hu2004
39Garcia-HerreroSantabrbara2004
ChantasasawatFung2004
EichengreenTong2005a2005bMercereau2005

40UNCTAD2004

CEPAL REVIEW 90200612

103

(BBVA)

2001

300

4002004

10

15

EMBRAER42

20

MARCOPOLO

Embraco1995

WEG

Gerday

INBEV

2500

2.5

200410

Ricardo Hausmann

Dani Rodrik

41

2006

,Rodrik2006
HausmanHwangRodrik2006

41

2004232008

10020034027%
70

(Kemmerer mission

240003000

20045040%(The

(Jeffrey Sachs

Economist2005; Financial Times,2005)

2004

IBM

Huang2005http://
web.mit.edu/yshuang/www/

42Goldstein2004

104

CEPAL REVIEW 90200612

1.1

CIa1998~2004b

a CI

2004

1.2

Intracen /2004

CEPAL REVIEW 90200612

105

a US$/TEU

CMPCH

LSU

ClarkDollarMicco2004

ADC (Andean Development Corporation) (2006): Amrica latina


en el comercio global. Ganando mercados, Caracas.
Ahearne, A., J. Fernald and others (2003): China and Emerging
Asia: Comrades or Competitors?, International Finance
Discussion Paper, No. 789, Washington, D.C., Board of
Governors of the Federal Reserve System, December.
Amrica Economa (2003): El ataque del dragn, 26 December.
Available in www.americaeconomia.com.
Anderson, J. and E. van Wincoop (2003): Gravity with gravitas: a

solution to the border puzzle, American Economic Review,


vol. 93, No. 1, Nashville, Tennessee, American Economic
Association.
(2004): Trade costs, Journal of Economic Literature,
vol. 42, No. 3, Nashville, Tennessee, American Economic
Association, September. Available in http://fmwww.bc.edu/
ec-p/wp593.pdf
Bank of Spain (2004): Where is the Chinese Banking Sector Going?
Banking Reform in the Peoples Republic of China, Madrid,

106

CEPAL REVIEW 90200612

April, unpublished.
BBVA (Banco Bilbao Vizcaya Argentaria) (2003): Mxico y China
en el comercio mundial, Latinwatch, June.
(2004): Potencial econmico de China y oportunidades
para Argentina, Latinwatch, April.
Berges, R. (2004): Implications of eventual changes to Chinas peg,
Latin America Investment Strategy Implications, New York,
Merrill Lynch.
Berthelon, M. and C. Freund (2003): On the conservation of
distance in international trade, Washington, D.C., University
of Maryland/World Bank, November, unpublished.
Brun, J.F., C. Carrre and others (2005): Has distance died?
Evidence from a gravity model, World Bank Economic
Review, vol. 19, No. 1, Washington, D.C., World Bank.
Carrre, C. and M. Schiff (2003): On the geography of trade:
distance is alive and well, Universit dAuvergne/World
Bank, December, unpublished. Available in http://team.univparis1.fr/teamperso/disdier/meta.pdf
Clark, X., D. Dollar and A. Micco (2004): Port efficiency, maritime
transport costs and bilateral trade, Journal of Development
Economics, vol. 75, No. 2, Amsterdam, Elsevier, December.
Chang, E. and S. Wong (2003): Political control and performance
in Chinas listed companies, Hong Kong, University of Hong
Kong, March, unpublished.
Chantasasawat, B., K.C. Fung and others (2004): Foreign Direct
Investment in East Asia and Latin America: Is there a
Peoples Republic of China Effect?, ADBI Discussion Paper,
No. 17, Manila, Asian Development Bank.
Chu, T. and T. Prusa (2004): The Reasons for and the Impact of
Anti-dumping Protection: The Case of Peoples Republic of
China, East-West Center Working Papers, No. 69, Honolulu,
East West Center. Available in http://www.eastwestcenter.org/
stored/pdfs/ECONwp069.pdf
De Paiva de Abreu, M. (2005): Chinas emergence in the global
economy and Brazil, textos para discusso, No. 491, Rio de
Janeiro, Catholic University of Rio de Janeiro, unpublished.
Deardoff, A. (2004): Local Comparative Advantage: Trade Costs
and the Pattern of Trade, Discussion Paper, No. 500,
Michigan, University of Michigan Gerald Ford School of
Public Policy, February. Available in http://www.fordschool.
umich.edu/rsie/workingpapers/Papers476-500/r500.pdf
Deutsche Bank (2004): Chinas Financial Sector: Institutional
Framework and Main Challenges, Frankfurt, January.
Disdier, A.C. and K. Head (2004): Exaggerated Reports of the
Death of Distance: Lessons from a Meta-Analysis, Paris,
Universit de Paris I Panthon Sorbonne/University of British
Columbia, February, unpublished. Available in http://team.
univ-paris1.fr/teamperso/disdier/meta.pdf
ECLAC (Economic Comission for Latin America and the
Caribbean) (2004a): The effect of Chinas accession to the
World Trade Organization on economic relations with Latin
America and the Caribbean, Latin America and the Caribbean
in the World Economy, 2002-2003, LC/G.2221-P, Santiago,
Chile. United Nations publication, Sales No. E.04.II.G.45.

(2004b): Foreign Investment in Latin America and the


Caribbean, 2003, LC/G.2226-P, Santiago, Chile. United
Nations publication, Sales No. E.04.II.G.54.
(2005): Strategic perspectives on the relationship between
China and the Latin American and Caribbean region, Latin
America and the Caribbean in the World Economy, 2004.
Trends 2005, LC/G.2283-P, Santiago, Chile.
Eichengreen, B. (2004): Chinese Currency Controversies, CEPR
Discussion Paper, No. 4375, London, Centre for Economic
Policy Research, May.
(2006): Chinas exchange rate regime: the long and short of
it, March, Department of Economics, University of California
at Berkeley, unpublished.
Eichengreen, B. and H. Tong (2005a): How China is reorganizing
the world economy, Berkeley, Department of Economics,
University of California at Berkeley/ Bank of England,
December, unpublished.
(2005b): Is Chinas FDI Coming at the Expense of other
Countries?, NBER Working Paper, No. 11335, Cambridge,
Massachusetts, National Bureau of Economic Research.
Eichengreen, B., Y. Rhee and H. Tong (2004): The Impact of China
on the Exports of other Asian Countries, NBER Working
Paper, No. 10768, Cambridge, Massachusetts, National
Bureau of Economic Research, September.
Evans, C. and J. Harrigan (2003): Distance, Time, and
Specialization, NBER Working Paper, No. 9729, Cambridge,
Massachusetts, National Bureau of Economic Research.
Available in http://www.ny.frb.org/research/economists/
harrigan/papers.html.
Financial Times (2005): The challenge from China: why Huawei is
making the telecoms world take notice, 11 January.
Garcia-Herrero, A. and D. Santabrbara (2004): Does China have
an impact on Foreign Direct Investment to Latin America?,
document presented at the First LAEBA Conference on the
Challenges and Opportunities of the Emergence of China
(Beijing), Bank of Spain.
Gaulier, L. and D. nal-Kesenci (2005): Chinas Integration in
East Asia: Production Sharing, FDI & High-Tech Trade,
Paris, Centre dtudes prospectives et dinformations
internationales, June.
Glaeser, E. and J. Kohlhase (2003): Cities, Regions and the
Decline of Transportation Costs, Discussion Paper, No.
2014, Harvard, Harvard Institute of Economic Research,
July. Available in http://post.economics.harvard.edu/
hier/2003papers/HIER2014.pdf
Goldman Sachs (2005): How Solid are the BRICS?, Goldman Sachs
Global Economics Paper, No. 134, New York.
Goldstein, A. (2004): A Latin American global player goes to
Asia: Embraer in China, Paris, OECD Development Centre,
unpublished.
Golsdtein, A., N. Pinaud and others (2006): The Rise of China and
India: Whats in it for Africa?, Paris, OECD Development
Centre.
Harrigan, J. and A. Venables (2004): Timeliness, Trade and

CEPAL REVIEW 90200612

Agglomeration, NBER Working Paper, No. 10404,


Cambridge, Massachusetts, National Bureau of Economic
Research, March.
Hausmann, R., J. Hwang and D. Rodrik (2006): What you export
matters, Harvard, Harvard University/John F. Kennedy
School of Government/Department of Economics, March,
unpublished.
Heston, A. and R. Summers (1997): PPPs and Price Parities in
Benchmark Studies and the Penn World Table, CICUP 97-1,
document presented at the Conference of the Statistical Office
of the European Communities (EUROSTAT) Conference
(Belgium).
HSBC (2005): Wild Geese Flying, London, HSBC Global Research,
December.
Huang, Y. (2003): Selling China, Cambridge, Massachusetts,
Cambridge University Press.
(2005): Chinas big hope is not Hong-Kong, Financial
Times, 14 January.
Hummels, D. (2001a): Toward a geography of trade costs, West
Lafayette, Indiana, Purdue University, Krannert School of
Management, September, unpublished. Available in http://
www.mgmt.purdue.edu/faculty/hummelsd/
(2001b): Time as a trade barrier, West Lafayette, Indiana,
Purdue University, Krannert School of Management, July,
unpublished. Available in http://www.mgmt.purdue.edu/
faculty/hummelsd/
Ianchovichina, E. and W. Martin (2001): Trade Liberalization in
Chinas Accession to the World Trade Organization, Policy
Research Working Paper, No. 2623, Washington, D.C., World
Bank.
(2003): Economic Impacts of Chinas Accession to the
World Trade Organization, Policy Research Working Paper,
No. 3053, Washington, D.C., World Bank.
Ianchovichina, E. and T. Walmsley (2003): Impact of Chinas WTO
Accession on East Asia, Policy Research Working Paper, No.
3109, Washington, D.C., World Bank.
IDB (Inter-American Development Bank) (2004): The emergence
of China: opportunities and challenges for Latin America and
the Caribbean, document prepared for the Conference The
emergence of China: opportunities and challenges for Latin
America and the Caribbean (Washington, D.C., 1 October
2004), Washington, D.C.
(2006): The Emergence of China: Opportunities
and Challenges for Latin America and the Caribbean,
Washington, D.C., Inter-American Development Bank/
Rockefeller Center.
IMF (International Monetary Fund) (2004): The global implications
of the US fiscal deficit and of Chinas growth, World
Economic Outlook, Washington, D.C., April.
Lall, S. and J. Weiss (2004): Peoples Republic of China Competitive
Threat to Latin America: an Analysis for 1990-2002,
Discussion Paper, No. 14, Tokyo, Asian Development Bank
Institute, October, unpublished.
LatinFocus (2004): February.

107

Limao, N. and A.J. Venables (2000): Infrastructure, geographical


disadvantage and transport costs, The World Bank Economic
Review, vol. 15, No. 3, Washington, D.C., World Bank.
Lin, J.Y. (2004): The Peoples Republic of China future
development and economic relations with Latin America,
Tokyo, Asian Development Bank Institute, November,
unpublished.
Lora, E. (2004a): Es posible competir con la China? Fortalezas y
debilidades de China respecto a Amrica Latina, Washington,
D.C., Research Department, Inter-American Development
Bank, April, unpublished.
(2004b): Can Latin America compete with China?,
Washington, D.C., Research Department, Inter-American
Development Bank, April, power point presentation.
Maddison, A. (1998): Chinese Economic Performance in the Long
Run, Paris, OECD Development Centre.
McKibbin, W. and W. Thye Woo (2003): The consequences of
Chinas WTO accession for its neighbours, Asian Economic
Papers, vol. 2, No. 2, Cambridge, Massachusetts, The MIT
Press.
Mercereau, B. (2005): FDI Flows to Asia: Did the Dragon Crowd
out the Tigers?, Working Paper, No. 189, Washington, D.C.,
International Monetary Fund.
Rodrik, D. (2006): Whats so special about Chinas exports?,
Harvard, Harvard University, John F. Kennedy School of
Government, unpublished.
Rumbaugh, T. and N. Blancher (2004): China: International Trade
and WTO Accession, Working Paper WP/04/36, Washington,
D.C., International Monetary Fund, March.
Shiue, C. and W. Keller (2004a): Markets in China and Europe in
the Eve of the Industrial Revolution, NBER Working Paper,
No. 10778, Cambridge, Massachusetts, National Bureau of
Economic Research.
(2004b): Market Integration and Economic Development:
a Long-run Comparison, NBER Working Paper, No. 10300,
Cambridge, Massachusetts, National Bureau of Economic
Research, February.
Shixue, J. (2004): Sino-Latin America economic relations and
Chinas perspective on Latin American economy, Beijing,
Institute of Latin American Studies/Chinese Academy of
Social Sciences, unpublished.
Soler, J. (2003): Impacto sobre los flujos comerciales entre China
y el mundo, in J. Soler (ed.), El despertar de la nueva China.
Implicaciones del ingreso de China en la Organizacin
Mundial del Comercio, Madrid, Catarata.
The Economist (2005): Special report: Chinas champions, London,
8 January.
The Wall Street Journal (2004): Challenges from China spur
Mexican factories to elevate aspirations, 5 March.
UNCTAD (United Nations Conference on Trade and Development)
(2004): Prospects for FDI flows, transnational corporations
strategies and promotion policies: 2004-2007. Global investment
prospects assessment (GIPA) research note 1: results of a survey
of location experts, TD(XI)/BP/5, Geneva, April.

108

CEPAL REVIEW 90200612

Wilson, D. and R. Purushothaman (2003): Dreaming with BRICs:


the Path to 2050, Global Economics Paper, No. 99, October.
Wong, S., S. Opper and R. Hu (2004): Shareholding structure,
depoliticization, and firm performance: lessons from Chinas
listed firms, Economics of Transition, vol. 12, No. 1, Oxford,
United Kingdom, Blackwell Publishing.
Xiao, G. (2005): Round-tripping Foreign Direct Investment in the
Peoples Republic of China: Scale, Causes, and Implications,
ADBI Policy Research Brief, No. 10, Manila, Asian
Development Bank.
Yang, Y. (2003): Chinas Integration into the World Economy:
Implications for Developing Countries, Working Paper
WP/03/245, Washington, D.C., International Monetary Fund.
Yao, Y., F. Li and others (2003): Goldman Sachs China challenges,

Norwegian School of Economics MIB Paper, Bergen,


unpublished.
Young, A. (2000): The razors edge: distortions and incremental
reform in the Peoples Republic of China, Quarterly Journal
of Economics, vol. 115, No. 4, Cambridge, Massachusetts,
The MIT Press, November.
(2003): Gold into base metals: productivity growth in
the Peoples Republic of China during the reform period,
Journal of Political Economy, vol. 111, No. 6, Chicago, The
University of Chicago Press, December.
Zijian Wang, S. and J. Wei (2004): Structural Change, Capitals
Contribution, and Economic Efficiency: Sources of Chinas
Economic Growth between 1952-1998, working paper,
Gteborg, Gteborg University, unpublished.

109
CEPAL REVIEW 7320014

Dani Rodrik

Dani Rodrik

dani-rodrik@harvard.edu

110

CEPAL REVIEW 7320014

2090

46%

2%801%

901982

30%61%1

80

3/4

1461%

141999

1999

Guillermo Perry

Guilherme SedlacekLuis Serven Mariano Tommasi

Jorge DominguezNora Lustig

Vladimir Kliouev

Norman HicksBill MaloneyGuillermo PerryMartn Rama

CEPAL REVIEW 7320014

111

14a

a
1999

1601

85%93%

23

Romero1999

1/3

2080

2030

19998100

1Taylor Gooby1989

112

CEPAL REVIEW 7320014

2090

2080
1982

1999

1981

1929~193335%1933

2040

25%11981

202090

60702

20%10%

Alan Garca

BordoBoldinWhite19986

10
12131997

2Lustig1995

CEPAL REVIEW 7320014

113

1981

Hall199820

Jacoby1998

805

Rockoff1998

10

Rockoff1998134

203040

2080

2030

Jacoby1998

29~31

2080

Glewwe

2070

114

CEPAL REVIEW 7320014

2080

20

90

1999

Mrquez

Pages1998

2080

FerreiraPaes de Barro1999

3ILO

10

27

208090

22%34%64%69%

198649%1995

44%50%17%

25%1989~1991

22%

54%31%
Augusto Pinochet

31998

CEPAL REVIEW 7320014

115

10

a
19997
19971.11.219997 FerreiraPaes de Barros19991

20

1999

4, 5

AmadeoCamargo1997

1998

Pessino1997
5

AmadeoCamargo1997

116

CEPAL REVIEW 7320014

16

MrquezPages1998
4198116
1981~19881989~19931994~1998
U
2080
90

2080
2080
(Pessino
199716
81994~19981981~1988

2090

IDB

GavinHausmann1998

G N P

dlnyit= dlnyt + (dlnyit - dlnyt)

y it y t t

dlnyitdlnyti

117

CEPAL REVIEW 7320014

dlnyit = it
dlnyt = t

GlewweHall1998

(dlnyit - dlnyt) = it

2
i

2
i

= + +2cov(it, t )

GavinHausmann1996
2

cov( it,

2w = 2 + 2 +2cov(, )

t )

Lustig1999

2%

2080

209080

7Lustig1999
Lustig

118

CEPAL REVIEW 7320014

4a

a 100
1999

26a

a
1999

CEPAL REVIEW 7320014

119

90

5%

5%7

208090

20906070

5%10%20%

2080

20905%

8.0%6070

3.0%4.6%

6
208090

2080
4.5903.2
2

2090
80
7206070

5%

120

CEPAL REVIEW 7320014

HausamannGavin1996

22090

2090

208090

90

M2/GDP

90%

2090

8
2090

2090

8020%
2
8EasterlyIslamcStiglitz1999

2090

CEPAL REVIEW 7320014

121

208090a

a20802090
*=99%**=95%***=90%

Rodrik1997

pf(k, l)

122

CEPAL REVIEW 7320014

f k > 0, f l > 0, f

kk

< 0, f ll < 0, f kl > 0.

pp

pf(k)
k0k
k0

r = pf k(k) -

(1)

r = r* -(k0 - k)

(2)

w = pf t(k)

(3)

r*
k 1
r* -(k 0 - k)
23
w
wrk
3

k = k 00

p
p
p

1rk
p

3
w

r*
k(p,,)
k(p,)=k0
3Ar = r*
wkr

CEPAL REVIEW 7320014

123

I = w + k

HausmannGavin1996

1999

FDI

2090

20

90

Michael Gavin

Gavin1999
Gavin

124

CEPAL REVIEW 7320014

6
a

1988~1994

*=99%**=95%***=90%
b

2090

ep

l1

l2lnw1w2wn

a1a21

w1w2

12

(2.1)

125

CEPAL REVIEW 7320014

(2.5)

(2.6)
(2.2)

(2.7)
(2.8)

(2.9)

wn = p

(2.10)

(2.3)

2.12.2

Y = ea1l1+ea2l2+pln

2.52.6

D(e, p, Y)

a1l1+ a2l2-D(e, p, Y) = 0 .

Cobb-Douglas
D(.) =Y/e.

2.72.8

(2.4)

l1= l 1 l 2 = l2
2.4e/pa 1

1.

a 2.

e/p2.1-

2.3

= 0

w 1 w 2 w n .453

p4

(2.11)

a 1 a 2

(2.8)

1 > > 0

(2.9)

126

CEPAL REVIEW 7320014

2.11

= -1e

2.82.8

2.52.10

2.92.9

w 1

10

2.

10 a

20

(Rodrik1998)

45

2020

CEPAL REVIEW 7320014

127

7080

Rodrik1999

JaggersGurr1995

Pencavel(199758)

1975~199096

MrquezPages
1998

5 1970~1990
96

Domnguez

1997

128

CEPAL REVIEW 7320014

1990

Patricio Aylwin

(Domnguez1997109~112)

Aylwin

Domnguez

1998

Cortzar1997

Hugo Chvez

1990

1992

Pinochet

1998

10

1999Chvez

Pinochet

10

10199730083.7%
6%
65.3%
1998

CEPAL REVIEW 7320014

129

Amadeo. E. J. and J. M. Camargo (1997): Brazil: regulation and


flexibility in the labor market, in S. Edwards and N. Lustig
(eds.), Labor Markets in Latin America, Washington, D.C.,
Brookings Institution.
Bordo, M. D., C. Goldin and E. N. White (eds.) (1998): The
Defining Moment: The Great Depression and the American
Economy in the Twentieth Century, Chicago, Illinois,
University of Chicago Press.
Cortzar, R. (1997): Chile: The evolution and reform of the labor
market, in S. Edwards and N. Lustig (eds.), Labor Markets in
Latin America, Washington, D.C., Brookings Institution.
Domnguez, J. (1997): Latin Americas crisis of representation,
Foreign Affairs, vol. 76,
No. 1, New York, Council on Foreign Affairs, Inc.
(1998): Free politics and free markets in Latin America,
Journal of Democracy, vol. 9, No. 1, New York, Council of
Foreign Relations, October.
Easterly, W., R. Islam and J. E. Stiglitz (1999): Shaken and Stirred:
Volatility and Macroeconomic Paradigms for Rich and Poor
Countries, Michael Bruno Memorial Lecture, XII World
Congress of the IEA, Buenos Aires, International Association
for the Evaluation of Educational Achievement (IEA), 27
August.
Ferreira, F. H. and R. Paes de Barros (1999): The Slippery Slope:
Explaining the Increase in Extreme Poverty in Urban Brazil,
1976-1996, Texto para discusso, No. 404, Rio de Janeiro,
Catholic University of Rio de Janeiro.
Gavin, M. (1999): Latin American central banks: Reticent to react,
Latin American Economic Policies, vol. 7, Washington, D.C.,
Inter-American Development Bank (IDB), Office of the Chief
Economist.
Gavin, M. and R. Hausmann (1996): Sources of Macroeconomic
Volatility in Developing Economies, Washington, D.C., IDB.
Glewwe, P. and G. Hall (1998): Are some groups more vulnerable
to macroeconomic shocks than others? Hypothesis tests based
on panel data from Peru, Journal of Development Economics,
vol. 56, No. 1, Amsterdam, The Netherlands, Elsevier Science
Publishers, B.V.
Hausmann, R. and M. Gavin (1996): Securing Stability and Growth
in a Shock Prone Region: The Policy Challenge for Latin
America, Washington, D.C., IDB.
IDB (Inter-American Development Bank) (undated): Economic and
Social Data Base (http://database.iadb.org/esdbweb/scripts/
esdbweb.exe)
ILO (International Labour Organisation) (1997): World Labour
Report 1997-1998, Geneva.
(1998): Studies on the Social Dimensions of Globalization,
Geneva.
(1999): Progress Report on the Country Studies on the

Social Impact of Globalization, Geneva, 24 March.


IMF (International Monetary Fund) (various years): International
Financial Statistics, Washington, D.C.
Jacoby, S. M. (1998): Risk and the Labor Market: Societal Past as
Economic Prologue, Los Angeles, California, University of
California, Institute of Industrial Relations.
Jaggers, K. and T.R. Gurr (1995): Tracking democracys third wave
with Polity III data, Journal of Peace Research, vol. 32, Oslo,
International Peace Research Institute Oslo (PRIO).
Lustig, N. (ed.) (1995): Coping with Austerity: Poverty and
Inequality in Latin America, Washington, D.C., Brookings
Institution.
Lustig, N. (1999): Crises and the Poor: Socially Responsible
Macroeconomics, Washington, D.C., IDB, September.
Marquez, G. and C. Pages (1998): Ties That Bind: Employment
Protection and Labor Market Outcomes in Latin America,
Washington, D.C., IDB, February.
Mirror on the Americas Poll 1999 (1999): New York, Wall Street
Journal Interactive Edition.
Pencavel, J. (1997): The legal framework for collective bargaining
in developing economies, in S. Edwards and N. Lustig
(eds.), Labor Markets in Latin America, Washington, D.C.,
Brookings Institution.
Pessino, C. (1997): Argentina: The labor market during the
economic transition, in S. Edwards and N. Lustig (eds.),
Labor Markets in Latin America, Washington, D.C.,
Brookings Institution.
Rackoff, H. (1998): By way of analogy: The expansion of the
federal government in the 1930s, in M. D. Bordo and others
(eds.), The Defining Moment: The Great Depression and
the American Economy in the Twentieth Century, Chicago,
Illinois, University of Chicago Press.
Rodrik, D. (1997): Has Globalization Gone Too Far?, Washington,
D.C., Institute for International Economics (IIE).
(1998): Where has all the growth gone? External shocks,
social conflict, and growth collapses, Journal of Economic
Growth, No. 4, Boston, Kluwer Academic Publishers.
(1999): The New Global Economy and Developing
Countries: Making Openness Work, Washington, D.C.,
Overseas Development Council (ODC).
Romero, S. (1999): Brazilians eagerly seek a big banks entry-level
jobs, The New York Times, New York, 26 August.
Taylor-Gooby, P. (1989): The role of the State, in R. Jowell and
others, British Social Attitudes: Special International Report,
vol. 6, Aldershot, U.K., Gower Publishing.
The Economist Intelligence Unit (1998): Country Report for Chile,
London, 17 August.
World Bank (1999): World Development Indicators 1999, CDROM.

131
CEPAL REVIEW 9720094

Manuel R. Agosin

1980~2003

Manuel R. Agosin

managosin@econ.uchile.cl

132

CEPAL REVIEW 9720094

1980~2003

Alfie UlloaAlejandro Tmola

Robert DevlinRoberto BouzasRicardo Ffrench-Davis

2005912

Economic growth with equity

20061218

2007Agosin

CEPAL REVIEW 9720094

133

DVD

HausmannRodrik2003

Vettas

2000

HausmannKlinger2007

HausmannRodrik2006

Gerschenkron

1962

Hausmann

Rodrik2003

Romer1993

117
2080
AgosinBravo-

TL
HO

Ortega2007

Lewis1954

134

CEPAL REVIEW 9720094

A mm

(1)

(3)

C G

Bj

Gij

Aij = 1

Aij = 0

(4)

3
Amsden1989

Wade1990WelliszLam Shin

Saw1993JanttiSaariVartiainen2005

Agosin1999AgosinBravo-Ortega

2007/

0C0

C1

2ij

16

GijHij

2
01

(2)

6HausmannRodrik2003

4Romer1993

135

CEPAL REVIEW 9720094

(5)
r

Aij

(6)

HausmannRodrik
2003

(8)

(7)

9l,hC

l h1

h1

82070
2080
7

136

CEPAL REVIEW 9720094

HausmannRodrikVelasco

2005

11

12

Amsden1989

10

1980~200313

11981~2003

1991~2003

2080

111213

1990

2910

11
12

10

132004~2007

CEPAL REVIEW 9720094

137

/1981~2003

[] http://devdata.worldbank.org/dataonline/

1991~2003

/ARBOBRCHCO
CRDRECESGUHOME
NIPAPEPNURVEBACHI
HKININDOKOMAPHTHVI
[] http://devdata.worldbank.org/dataonline/

138

CEPAL REVIEW 9720094

/1980~2002

a /
UNCTAD

UNCTAD

SITC

21980

2002

1992 15

HHI 14

15

14j
xijixj

ImbsWacziarg2003
U

CEPAL REVIEW 9720094

139

/1980~2002

a /
UNCTAD

2002

1980

1980~2002

0.530.12

1986

239

0.10

16

162080

1980~2002

140

CEPAL REVIEW 9720094

01%

DIV = 1 HHIDIV

1980~2003
3

17

1980~2003a

a 1%1961980~20032000
2000
[] http://devdata.worldbank.org/dataonline/
UNCTAD
17

17

CEPAL REVIEW 9720094

141

2002DIV0.78HHI0.22

1980200310.7%

DIV

5.7%

DIVRX*DIV

5.9%2.5%

DIV

6.4%3.1%

DIVRX*DIV

1980~2003

2000KaufmanKraayMastruzzi2005
1996tIV
* 010%
** 05%
*** 01%

YPC80
TRADE80
I/Y
RL
DIV
RX*DIV

= 1980
= 1980
=
= 1996
= 1 - HHI2002
=

DIVRX*DIVI/Y
[] http://devdata.worldbank.org/dataonline/
UNCTAD

142

CEPAL REVIEW 9720094

KaufmannKraayMastruzzi2003

OLSIV

19

DIVRX *DIV

RL

412

DIVRX *DIV

DIVRX *DIVDIV

RX *DIV

DIV

RX *DIV

DIV3/52/3

3DIV4

RX *DIV100%

DIVRX *DIV

34

DIVRX *DIVI/YRL

6.7

18

19

19AK
AK

1815~64

CEPAL REVIEW 9720094

143

0.7%4

680%

50%

43

1980~2003
RLDIV

2000KaufmanKraayMastruzzi2005
1996

I/Y
RL
DIV
RX*DIV

=
= 1996
= 1 - HHI2002
=

[] http://devdata.worldbank.org/dataonline/UNCTAD

144

CEPAL REVIEW 9720094

a III3IV4IV
45

HausmannKlinger2007

20

20

CEPAL REVIEW 9720094

145

Agosin, M.R. (2007), Trade and growth: why Asia grows faster
than Latin America, Growth with Equity in Latin America,
R. Ffrench-Davis and J.L. Machinea (eds.), Basingstoke,
Palgrave-Macmillan.
(1999), Trade and growth in Chile, cepal Review, No. 68
(LC/G.2039-P), Santiago, Chile, August.
Agosin, M.R. and C. Bravo-Ortega (2007), The Emergence of New
Successful Export Activities in Chile, Washington, D.C., InterAmerican Development Bank.
Amsden, A. (1989), Asias Next Giant: South Korea and Late
Industrialization, New York, Oxford University Press.
Gerschenkron, A. (1962), Economic Backwardness in Historical
Perspective, Cambridge, Massachusetts, Harvard University
Press.
Hausmann, R. and D. Rodrik (2006), Doomed to Choose: Industrial
Policy as Predicament, Cambridge, Massachusetts, John F.
Kennedy School of Government, Harvard University.
(2003), Economic development as self-discovery,
Journal of Development Economics, vol. 72, No. 2,
Amsterdam, Elsevier.
Hausmann, R., D. Rodrik and A. Velasco (2005), Growth
Diagnostics, Cambridge, Massachusetts, John F. Kennedy
School of Government, Harvard University, unpublished.
Hausmann, R. and B. Klinger (2007), The structure of the
product space and the evolution of comparative advantage,
cid Working Paper, No. 146, Center of International
Development, Harvard University, April.
Imbs, J. and R. Wacziarg (2003), Stages of diversification,

American Economic Review, vol. 93, No. 1, Nashville,


Tennessee, American Economic Association.
Jntti, M., J. Saari and J. Vartiainen (2005), Country case study:
Finland. Combining growth with equity, document
presented at the WIDER Jubilee Conference (Helsinki, 16-17
June 2005) [online] http://www.wider.unu.edu/conference/
conference-2005-3/conference-2005-3.htm.
Kaufmann, D., A. Kraay and M. Mastruzzi (2005), Governance
matters IV: governance indicators for 1996-2004, World
Bank Policy Working Paper, No. 3630, Washington, D.C.,
World Bank, May.
Lewis, W.A. (1954), Economic Development with Unlimited
Supplies of Labour, Manchester, The Manchester School,
May.
Romer, P. (1993), Two strategies for economic development: using
ideas and producing ideas, Proceedings of the World Bank
on Development Economics 1992, Washington, D.C., World
Bank.
Vettas, N. (2000), Investment dynamics in markets with
endogenous demands, Journal of Industrial Economics, vol.
48, No. 2, Oxford, Blackwell Publishing.
Wade, R. (1990), Governing the Market: Economic Theory and
the Role of Government in East Asian Industrialization,
Princeton, Princeton University Press.
Wellisz, S. and P. Lam Shin Saw (1993), Mauritius, The Political
Economy of Poverty, Equity, and Growth: Five Small Open
Economies, R. Findlay and S. Wellisz (eds.), Oxford, Oxford
University Press.

147
CEPAL REVIEW 102201012

Ricardo Ffrench-Davis

GDP

GDP

Ricardo Ffrench-Davis

rffrench@fen.uchile.cl

148

CEPAL REVIEW 102201012

20

GDP

GDP

GDP

GDP

1990~2008GDP

3.2%1

GDP

1990

Blanchard

DellAricciaMauro2010

CEPAL REVIEW No.601996


Ffrench-

1Ffrench-Davis2006

Davis20062008

199719971998

2000Williamson20032005

Rodrigo HeresiFelipe Labrn

Rodrik2006Ocampo2008

CEPAL REVIEW 102201012

149

GDP

GDPGDP

2090

901997

90

1997

1997Fischer1993

(BlanchardDellAricciaMauro20103)

19GDP1970~2009

61971~1980
GDP
2009

150

CEPAL REVIEW 102201012

1990~2009

GDP

3
GDP

1/3
1

2008

1990~2008GDP

GDPG727%

3.2%

23%

34G7123

2003GDP

2004~20085GDP5.4%

GDP

702009

GFCF

2008

GDPGDP

70

1990~2008GDP

GDP

18.5%7023.3%

3
21990~20123.2%2010~2012

2010Ffrench-

GDP15%

Davis 2010b

1971~2009
GDP

20002009
GDP

CEPAL REVIEW 102201012

151

GDPa

GDP

2000

80

620102

GDP

Ffrench-Davis2006122

GDPa

GDP*

20

90

G D P

GDPGDP*GDPGDPa

1990~1994

1996~19972004~2007

GDP
5

4GDP

Ffrench-Davis20067

19GDP1990~2009

R. Ffrench-DavisReforming Latin Americas Economies after Market


FundamentalismPalgrave Macmillan2006Time
for equality: closing gaps, opening trailsLC/G.243233/320105II.519

152

CEPAL REVIEW 102201012

Marfn2005

2009a

Kaminsky

ReinhartVegh2004Ocampo2007

201011.8

2004~20081990~1994

1996~1997

2003~2007

2009a2010

2008~2009

191990~2009
GDP

GDP

R.Ffrench-DavisReforming Latin Americas Economies after Market


FundamentalismPalgrave Macmillan2006ECLAC

CEPAL REVIEW 102201012

153

1977~19811991~1994

1995~19972004~2007

Krugman

2000Rodrik1988Stiglitz2000Harberger

1985Heymann2000Ocampo2007

GDP

TFP9

Reisen2003

7Fanelli2003Frenkel2003Reisen2003

8CalvoMendoza2000

9GDPGDP

154

CEPAL REVIEW 102201012

1991~1994

1995~19972008~2009

Uthoff

Titelman1998

10

11

101

10Prasad2003Singh
2006
11ILO
Ffrench-Davis2010b

CEPAL REVIEW 102201012

155

20105

GDP
GDP

1.

GDPGDP

GDP

91990~2009

GDPGDPGDP*
R. Ffrench-DavisReforming Latin Americas Economies after Market
FundamentalismPalgrave Macmillan2006ECLAC
Time for equality: closing gaps, opening trailsLC/G.243233/320105II.9,
A. HofmanH. Tapia1995-2000Potential output in Latin America: a
standard approach for the 1950-2000 periodEstudios estadsticos y prospectivos25LC/L.2042-P
ECLAC2003E.03.II.G.205

156

CEPAL REVIEW 102201012

2007~20082070

2003

2008

207080

GDP15%1990

19988Ffrench-

Davis2010c

BourguignonWalton2007

2.

GDP

Ffrench-Davis2006III.1III.2De Long

Summers1991

3.

Ffrench-Davis

20063AizenmanMarion1999

Agosin2007

Easterly Servn2003

1998

CEPAL REVIEW 102201012

157

1998Rodrik2008

SMEs

GDP

4.

4/5

Ffrench-Davis2006

1990~19971998~2003GDP

5 12

90%1.9%

GDPFfrench-Davis2006

620102

12GDP

199019986.5%Ffrench-Davis
2010cVII.6
2.7%2010II.2

GDP

GDP

GDP

13
1320102
Ffrench-Davis2008

1.

Krugman2009Griffith-Jones

158

CEPAL REVIEW 102201012

OcampoStiglitz2009BlanchardDellAriccia

Mauro2010

3.

FfrenchDavis2010a

2009

MartnerTromben2004

2.

1/5

Williamson2000Agosin2007Rodrik

2008Eichengreen2008

GDPGDP

BlanchardDellAricciaMauro2010

Williamson2000

CEPAL REVIEW 102201012

159

2007

2070

GDP11

2010

4.

French-Davis2006

25Ocampo2008

2090

(1)

StallingsStudart2005

(2)

160

CEPAL REVIEW 102201012

GDP199019987.1%1999

Ocampo2008Stiglitz

20083.8%

2000Williamson2003

2090

1990GDP

GDP

2009b

30

2090

encaje

1998

MahaniShinWang

encaje

Magud

Reinhart2006EdwardsRigobon2009

GDP

7%2090

2001

Ffrench-Davis

2010cVIIIIXLe Fort Lehmann

20031999

30

CEPAL REVIEW 102201012

161

Agosin, M. (2007), Trade and growth: why Asia grows faster than
Latin America, Economic Growth with Equity: Challenges
for Latin America, R. Ffrench-Davis and J.L. Machinea (eds.),
New York, Palgrave Macmillan.
Aizenman, J. and N. Marion (1999), Volatility and investment:
interpreting evidence from developing countries, Economica,
vol.66, No. 262, London, London School of Economics and
Political Science.
Akerlof, G. (2007), The missing motivation in macroeconomics,
American Economic Review, vol. 97, No. 1, Nashville,
Tennessee, American Economic Association, March.
Blanchard, O., G. DellAricciaand P. Mauro (2010), Rethinking
macroeconomic policy, IMF Staff Position Note, SPN/10/03,
Washington, D.C., International Monetary Fund, February.
Bourguignon, F. and M. Walton (2007), Is greater equity necessary
for higher long-term growth in Latin America?, Economic
Growth with Equity: Challenges for Latin America, R.
Ffrench-Davis and J.L. Machinea (eds.), New York, Palgrave
Macmilan.
Calvo, G. and E. Mendoza (2000), Rational contagion and the
globalization of securities markets, Journal of International
Economics, vol. 51, No. 1, Amsterdam, Elsevier.
De Long, J.B. and L. Summers (1991), Equipment investment and
economic growth, Quarterly Journal of Economics, vol.
106, No. 2, Cambridge, Massachusetts, The MIT Press.
Dodd, R. and S. Griffith-Jones (2007), Report on derivatives
markets: stabilizing or speculative impact on Chile and
a comparison with Brazil(LC/W.134), Santiago, Chile,
Economic Commission for Latin America and the Caribbean
(ECLAC).
Easterly, W. and L. Servn (2003), The Limits of Stabilization:
Infrastructure, Public Deficits and Growth in Latin America,
Stanford, California, StanfordUniversity Press.
ECLAC (Economic Commission for Latin America and the Caribbean)
(2010), Time for Equality: Closing Gaps, Opening Trails
(LC/G.2432(SES.33/3)), Santiago, Chile, May.
(2009a), Economic Survey of Latin America and the
Caribbean 2008-2009 (LC/G.2410-P), Santiago, Chile, July.
United Nations publication, Sales No.E.09.II.G.2.
(2009b), Preliminary Overview of the Economies of Latin
America and the Caribbean 2009 (LC/G.2424-P),Santiago,
Chile.United Nations publication, Sales No.E.09.II.G.149.
(2000), Equity, Development and Citizenship (LC/G.2071/

Rev.1-P), Santiago, Chile.United Nations publication, Sales


No. E.00.II.G.81.
(1994), Latin America and the Caribbean: Policies
t o I m p ro v e L i n k a g e s w i t h G l o b a l E c o n o m y ( L C /
G.1800(SES.25/3), Santiago, Chile.
Eichengreen, B. (2008), The real exchange rate and economic
growth, Working Paper No. 4, Washington, D.C.,
Commission on Growth and Development.
Fanelli, J.M. (2003), Micro-macro interactions, competitiveness
and sustainability, Development Economics and Structuralist
Macroeconomics, A. Dutt and J. Ros (eds.), Aldershot,
Edward Elgar.
Ffrench-Davis, R. (2010a), Latin America: the structural fiscal
balance policy in Chile, Journal of Globalization and
Development, No. 1, Berkeley Electronic Press.
(2010b), Macroeconoma para el empleo decente en
Amrica Latina y el Caribe, Santiago, Chile, International
Labour Organization.
(2008a), Chile entre el neoliberalismo y el crecimiento con
equidad: reformas y polticas desde 1973, Santiago, Chile,
J.C. Sez Editor.
(2008b), From financieristic to real macroeconomics:
seeking development convergence in EEs, Working Paper,
No. 44, Washington, D.C.,Commission on Growth and
Development.
(2005), Reformas para Amrica Latina: despus del
fundamentalismo neoliberal, Buenos Aires, Siglo XXI
Editores/ECLAC.
Fischer, S. (1993), The role of macroeconomic factors in growth,
Journal of Monetary Economics, vol. 32, No.3, Amsterdam,
Elsevier.
Frenkel, R. (2003), Globalization and financial crises in Latin
America, CEPAL Review, No. 80 (LC/G.2204-P), Santiago,
Chile, August.
Griffith-Jones, S., J.A. Ocampo and J. Stiglitz (eds.) (2009), Time
for a Visible Hand: Lessons from the 2008 World Financial
Crisis, New York, OxfordUniversity Press.
Harberger, A. (1985), Observations on the Chilean economy,
1973-1983, Economic Development and Cultural Change,
vol. 33, No. 3, Chicago, University of Chicago Press, April.
Heymann, D. (2000), Major macroeconomic disturbances,
expectations and policy responses, CEPAL Review, No. 70
(LC/G.2095-P), Santiago, Chile, April.

162

CEPAL REVIEW 102201012

Hofman, A. and H. Tapia (2003), Potential output in Latin


America: a standard approach for the 1950-2000 period,
Estudiosestadsticos y prospectivos series, No. 25 (LC/
L.2042-P), Santiago, Chile, Economic Commission for
Latin America and the Caribbean (ECLAC). United Nations
publication, Sales No.E.03.II.G.205.
IDB (Inter-American Development Bank) (1997), Latin America
alter a Decade of Reforms, Washington, D.C.
Kaminsky, G., C. Reinhart and C. Vegh (2004), When it rains,
it pours: pro-cyclical capital flows and macroeconomic
policies, NBER Working Paper, No. 10780, Cambridge,
Massachusetts, National Bureau of Economic Research,
January.
Krugman, P. (2009), The Return of Depression Economics and the
Crisis of 2008, New York, W.W. Norton.
(2000), Crises: the price of globalization?,Proceedings,
Kansas, Federal Reserve Bank of Kansas City.
Le Fort, G. and S. Lehmann (2003), The unremunerated reserve
requirement and net capital flows: Chile in the 1990s,
CEPAL Review, No. 81 (LC/G.2216-P), Santiago, Chile,
December.
Magud, N. and C. Reinhart (2006), Capital controls: an
evaluation, NBER Working Paper, No. 11973, Cambridge,
Massachusetts, National Bureau of Economic Research,
January.
M a h a n i , Z . , K . S h i n a n d Y. Wa n g ( 2 0 0 5 ) , A j u s t e s
macroeconmicos y la economa real en Corea y Malasia: la
respuesta a la crisis asitica, Investigacin econmica, vol.
64, No. 254, Mexico City, National Autonomous University
of Mexico, October-December. Published also in R. FfrenchDavis (ed.), Seeking Growth under Financial Volatility,
London, Palgrave Macmillan/ECLAC, 2006.
Marfn, M. (2005), La eficacia de la poltica fiscal y los dficit
privados: un enfoque macroeconmico, Losdesafos del
desarrollo en Amrica Latina, J.A. Ocampo (ed.), Bogot,
D.C., ECLAC/Alfaomega.
Martner, R. and V. Tromben (2004), Tax reforms and fiscal
stabilization in Latin American countries, Gestinpblica
series, No. 45 (LC/L.2145-P), Santiago, Chile, Economic
Commission for Latin America and the Caribbean (ECLAC),
June. United Nations publication, Sales No.E.04.II.G.73.
Ocampo, J.A. (2008), A broad view of macroeconomic stability,
The Washington Consensus Reconsidered: Towards a New
Global Governance, N. Serra and J.E. Stiglitz (eds.), New
York, Oxford University Press.
(2007), The macroeconomics of the Latin American
economic boom, CEPAL Review, No. 93 (LC/G.2347-P),
Santiago, Chile, December.
Prasad, E. and others (2003), Effects of financial globalization
on developing countries: some empirical evidence, IMF
Occasional Paper, No. 220, Washington, D.C., International
Monetary Fund, September.

Reisen, H. (2003), Ratings since the Asian crisis, From Capital


Surges to Drought, R. Ffrench-Davis and S. Griffith-Jones
(eds.), London, Palgrave Macmillan.
Rodrik, D. (2008), The real exchange rate and economic growth,
Brookings Papers on Economic Activity, Washington, D.C.,
Brookings Institution Press.
(2006), Goodbye Washington Consensus, Hello
Washington Confusion? A review of the World Banks
Economic Growth in the 1990s: Learning from a Decade
of Reform, Journal of Economic Literature, vol. 44, No.
4, Nashville, Tennessee, American Economic Association,
December.
(1998), Who needs capital account convertibility?,
Should the IMF Pursue Capital Account Convertibility?, P.
Kenen (ed.), Princeton Essays in International Finance, No.
207, Princeton, Princeton University.
Singh, A. (2006), Macroeconomic volatility: the policy lessons
from Latin America, IMF Working Paper, No. 166,
Washington, D.C., International Monetary Fund, July.
Stallings, B. and R. Studart (2005), Finance for Development: Latin
Americas Banks and Capital Markets after Liberalization,
Washington, D.C., Brookings Institution.
Stiglitz, J. (2000), Capital market liberalization, economic
growth and instability, World Development, vol. 28, No. 6,
Amsterdam, Elsevier, June.
United Nations (2007), Follow-up to and implementation of the
outcome of the International Conference on Financing for
Development.Report of the Secretary-General (A/62/217),
New York, August.
Uthoff, A. and D. Titelman (1998), The relationship between
foreign and national savings under financial liberalisation,
Capital Flows and Investment Performance: Lessons from
Latin America, R. Ffrench-Davis and H. Reisen (eds.), Paris,
Organisation for Economic Co-operation and Development
(OECD).
Williamson, J. (2003), Overview: an agenda for restarting growth
and reform, After the Washington Consensus: Restarting
Growth and Reform in Latin America, P-P. Kuczynski
and J. Williamson (eds.), Washington, D.C., Institute for
International Economics.
(2000), Exchange Rate Regimes for Emerging Markets:
Reviving the Intermediate Option, Washington, D.C.,
Institute for International Economics.
World Bank (2005), Economic Growth in the 1990s: Learning from
a Decade of Reform, Washington, D.C.
(1997), The Long March: a Reform Agenda for Latin
America and the Caribbean in the Next Decade, Washington,
D.C.
Zahler, R. (2005), Estabilidad macroeconmica e inversiones
de los fondos de pensiones: el caso de Chile, Crecimiento
esquivo y volatilidad financiera, R. Ffrench-Davis (ed.),
Bogot, D.C., Mayol Ediciones.

163
CEPAL REVIEW 9720094

Jos Antonio Ocampo

20089

2030

Jos Antonio Ocampo

jao2128@columbia.edu

164

CEPAL REVIEW 9720094

2030

IMF

20081112

Calvo20082008

2003~2007

2008

2007

2009

200820089

2008

20091

2008914

1020%

AIG

91718

Maria Paula Carvajal

UNDP

CEPAL REVIEW 9720094

165

Charles Kindleberger

KindlebergerAliber2005

2060

Bordo

2001

2080

2080

198710

2030

19992004

Minsky198225

10

166

CEPAL REVIEW 9720094

20083

2007820083

20083

200833~4

20078

20079

20089

10

a
b

AIG

H.4.12009

CEPAL REVIEW 9720094

167

a2008915
H.151997

7000

10

AIG

107

AIG

9101112

9000

200811

20091

1.3

GDP9%

2009

8~11

70%

168

CEPAL REVIEW 9720094

8000GDP6%

10

2102

10221

11

11

20088200918550

GDP6%

20092008

11

20

20078

5~6

2008

2009

GDP1.5%GDP

20091

0.4%2009I.1

2008

2008

2009

2009

1GDP0.6%2

2008

2009

5%~6%

1H.3200911.698
200888430

2130GDP3.8%

CEPAL REVIEW 9720094

169

2003~2007

2009

RathaMohopatraXu2008

1.

2003~2006

9.3%GDP3.8%

2006

2009I.1

GDP

3%2008

20072008

20089

2%2009I.9

2008

13.8%5.1%

2009I.12009

32008

2.1%2009I.1

3.1

, 1945~1980 = 100

Jos Antonio OcampoMarangela ParraCEPAL REVIEW79


LC/G.2200-P20034

170

CEPAL REVIEW 9720094

ECLAC

2008

200923

2008

2080

2070

21

2008

2009II.6

2/5

CEPAL REVIEW 9720094

171

Von Braun2007

20072008

2003~2007

2008

11

2070

2001~2007

2090

15%5

11

2009I.42009

2003~2007

25

10%

231112

2007

2007

2008a

3.

40

20

7020

90

2002

2004

4Jara

5OcampaTovar2008

Tovar2008Ocampo2007

172

CEPAL REVIEW 9720094

CEPAL REVIEW 9720094

173

20062007

20049

20062007

11301000

200410

2/3Ocampo

2007457

2007

20053

2006

20062007

70

2004

2004

174

CEPAL REVIEW 9720094

20037~ 20046 = 100)

CEPAL REVIEW 9720094

175

2004

20075

2007

2008

5200657

200779

200657

210

102312.35%

2007

129%~10%

10

2004

20085

2~3

910

200869

2004

67

820089

0.5

2007

200920076000

2009

2008

20043.5

20089

2009

6BustilloVelloso (2009)

176

CEPAL REVIEW 9720094

EMBI =
a

CEPAL REVIEW 9720094

177

2070

GDP1

GDP

GDP1

90

2008c

JimnezTromben

2006

IDB

2008IzquierdoRomero

Talvi2008

Ocampo2007

2003

2008GDP5%

62008

20

2%

2008

2007

20087
2007

7IDB20083
2008b4

2008

178

CEPAL REVIEW 9720094

2000

2006

2006

CEPAL REVIEW 9720094

179

2003

8GDP

76

2008

20062007

2008

2009

2009

a 2003

180
CEPAL REVIEW 9720094

CEPAL REVIEW 9720094

2000)

GDP

181

182

CEPAL REVIEW 9720094

2008910

Bordo, Michael and others (2001), Is the crisis problem growing


more severe?, Economic Policy, vol. 16, No. 32, Oxford,
Blackwell Publishing, April.
Bustillo, Ins andHelviaVelloso (2009), The global financial crisis:
what happened and whats next, Washington, D.C., ECLAC
office in Washington, D.C., January.
Calvo, Guillermo (2008), La super-crisis subprime: claves para
entenderla y navegarla, document presented at the Andean

Development Corporation Workshop La crisis financiera


global y su impacto en Amrica Latina, Caracas, 1
December.
ECLAC(Economic Commission for Latin America and the
Caribbean) (2009), La reaccin de los gobiernos de Amrica
Latina y el Caribe frente a la crisis internacional: una
presentacin sinttica de las medidas de poltica anunciadas
hasta el 30 de enero de 2009, Santiago, Chile, 30 January.

CEPAL REVIEW 9720094

(2008a), Structural change and productivity growth,


20 years later: old problems, new opportunities (LC/
G.2367(SES.32/3)), Santiago,Chile.
(2008b), Economic Survey of Latin America and the
Caribbean 2007-2008, Santiago, Chile.United Nations
publication, Sales No.E.08.II.G.2.
(2008c), Preliminary Overview of the Economies of Latin
America and the Caribbean 2008(LC/G.2401-P), Santiago,
Chile.United Nations publication, Sales No.E.08.II.G.2.
IDB (Inter-American Development Bank) (2008), All That Glitters
May Not Be Gold: Assessing Latin Americas Recent
Macroeconomic Performance, Washington, D.C., Research
Department, April.
IIF (Institute of International Finance) (2009), Capital flows to
emerging market economies [online] http://www.iif.com, 27
January.
IMF (International Monetary Fund) (2009), World Economic
Outlook Update [online] http://www.imf.org, 28 January.
Izquierdo, Alejandro, Randall Romero and Ernesto Talvi (2008),
Business Cycles in Latin America: The Role of External
Factors, Washington, D.C., Inter-American Development
Bank /CERES, February.
Jara, Alejandro and Camilo E. Tovar (2008), Monetary and
financial stability implications of capital flows in Latin
America and the Caribbean, BIS Papers, No. 43, Basel,
Bank for International Settlements, November.
Jimnez, Juan Pablo and VariniaTromben (2006), Fiscal policy and
the commodities boom: the impact of higher prices for nonrenewables in Latin America and the Caribbean, CEPAL
Review, No. 90 (LC/G.2323-P), Santiago, Chile, December.
J.P.Morgan (2009), Emerging Markets Outlook and Strategy, 12
January.

183

(2008), Determinants of Mexicos remittances from the


U.S., Global Data Watch, 17 October.
Kindleberger, Charles P. and Robert Aliber (2005), Manias, Panics,
and Crashes: A History of Financial Crises, New York, John
Wiley and Sons.
Minsky, Hyman P. (1982), The financial instability hypothesis: a
restatement, Can It Happen Again? Essays on Instability
and Finance, Armonk, New York, M.E. Sharpe.
Ocampo, Jos Antonio (2007), The macroeconomics of the Latin
American economic boom, CEPAL Review, No. 93 (LC/
G.2347-P), Santiago, Chile, December.
Ocampo, Jos Antonio and Maria ngela Parra (2003), The terms
of trade for commodities in the twentieth century, CEPAL
Review, No. 79 (LC/G.2200-P), Santiago, Chile, April.
Ocampo, Jos Antonio and Camilo E. Tovar (2008), External
and domestic financing in Latin America: developments,
sustainability and financial stability implications, document
presented at the Workshop on Debt finance and emerging
issues in financial integration, New York, April.
Ratha, Dilip, SanketMohapatraandZhimeiXu (2008), Outlook for
remittance flows 2008-2010: growth expected to moderate
significantly, but flows to remain resilient, Migration and
Development Brief, No. 8, Washington, D.C., World Bank, 11
November.
United Nations (2009), World Economic Situation and Prospects
2009, New York, January.
Von Braun, Joachim (2007), The world food situation: new driving
forces and required actions, Food Policy Report,Washington,
D.C., International Food Policy Research Institute, December.
World Bank (2009), Global Economic Prospects 2009: Commodities
at the Crossroads, Washington, D.C.

185
CEPAL REVIEW 102201012

Ramn Lpez


20

Ramn Lpez

rlopez@arec.umd.edu

186

CEPAL REVIEW 102201012

Krugman2006

Paul Krugman

Taylor2008

20

Farrell

10%20

Grant2005

8035%200750%

Saez2009

10%50%

1917~1928

10%1996~2007

40%49%40%50%

PickettySaez2003

20

Asif IslamAmparo Palacios

CEPAL REVIEW 102201012

187

JerzmanowskiNabar2008

PhilipponReshef2009

1.

30

20

1/5

Lpez

Stocking2009

320

2.

50

205040%21

20%

Ghertner Fripp

2007

188

CEPAL REVIEW 102201012

1947~2007

a 1972~2008

a
R.C. Feenstra, J. RomalisP. SchottUnited States imports, exports and tariff data, 19892001,
93872001http://www.internationaldata.org/

CEPAL REVIEW 102201012

189

1900~2004

Barbier2005

30

LpezStocking2009

(1)
2070/

de Janvry1975

20

NIC

SokoloffEngerman2000AcemogluJohnson

Robinson2001Khor2000

20

Krugman1994LallAlbaladejo2004
Noland1997

3.

NIC

190

CEPAL REVIEW 102201012

PPIa1913~2007

4
207080

(2)

2080

2080

Bosworth

Collins2008P anagariya2006Lpez
2008LallAlbaladejo2004
20
22070

Lpez2008
2%

3Rodrik200720

LevinsonTaylor2008

CEPAL REVIEW 102201012

191

1990~2008
10

5
4

20

8%3

192

CEPAL REVIEW 102201012

213500

1/3

1.11

50%

20002000~2007

20%2080

5%

4.

2090521-

-50%

5%

2090

108%~10%

67

20

1980~2006

EIA

CEPAL REVIEW 102201012

193

USDA

NGO

6
Da Motta20031991

Simpson

HuberRuitenbeckda Motta1998

TomanAyres2005

EngelLpez2008

194

CEPAL REVIEW 102201012

2003~2007

200625%

20092010

20

BohringerLoschel2003

LoschelZhang2002

The Kyoto Protocol

CO2

CEPAL REVIEW 102201012

195

1.

2080

2.

25

CaprioDemirguc-KuntKane2008

Sloan1997910

2080

AutorKatzKearney2006

AutorKatzKearney2006AutorLevyMurnane

2003Carddi Nardo2002

GordonDew-Becker2007

KaplanRauh2009

1%
2080

196

CEPAL REVIEW 102201012

2%

0.3%

198054%2006

5%15.5

47%20%

29

5%4%

5%
17%22.5%2007

3.

4003.5
1.5%1980~2006

55%50%

10%8%

10%20%

27%

30
2080

4.820075.211

1967~2005

CEPAL REVIEW 102201012

10 1961~2001

WIIDUNU-WIDER

11 1967~2007
2007

197

198

CEPAL REVIEW 102201012

BooneGirouardWanner
2001McConnellMosserPerez- Quiros
8

1999

1/8

202

208045%2004120%

2%~2.5%

Taylor2008

0.3%

4.

20

1.220800.45

20%

CEPAL REVIEW 102201012

199

2005~2007

8%~10%

10

BosworthCollins2008

2003~2007

CPI

20041

200441.25%2007
5%12

10

12 2001~2009

200

CEPAL REVIEW 102201012

1929

2020

20

CEPAL REVIEW 102201012

201

35%

20506091%2009

2002080

60%

18

2080

11

11

202

CEPAL REVIEW 102201012

Acemoglu, D., S. Johnson and J.A. Robinson (2001), The


colonial origins of comparative development: an empirical
investigation, American Economic Review, vol. 91, No. 5,
Nashville, Tennessee, American Economic Association.
Autor, D., L. Katz and M. Kearney (2006), The polarization of the
U.S. labor market, American Economic Review, vol. 96, No.
2, Nashville, Tennessee, American Economic Association.
Autor, D., F. Levy and R.J. Murnane (2003), The skill content of
recent technological change: an empirical exploration, The
Quarterly Journal of Economics, vol. 118, No. 4, Cambridge,
Massachusetts, The MIT Press.
Barbier, E. (2005), Natural Resources and Economic Development,
Cambridge, Cambridge University Press.
Bhringer, C. and A. Lschel (2003), Market power and hot air in
international emissions trading: the impacts of US withdrawal
from the Kyoto Protocol, Applied Economics, vol. 35, No. 6,
London, Taylor & Francis.
Boone, L., N. Girouard e I. Wanner (2001), Financial market
liberalisation, wealth and consumption, OECD Economics
Department Working Papers, No. 308, Paris, Organisation for
Economic Co-operation and Development (OECD).
Bosworth, B. and S.M. Collins (2008), Accounting for growth:
comparing China and India, Journal of Economic
Perspectives, vol. 22, No. 1, Nashville, Tennessee, American
Economic Association.
Caprio, G., A. Demirguc-Kunt and E. Kane (2008), The 2007
meltdown in structured securitization: searching for lessons,
not scapegoats, Policy Research Working Paper Series, No.
4756, Washington, D.C., World Bank.
Card, D. and J.E. DiNardo (2002), Skill biased technological
change and rising wage inequality: some problems and
puzzles, Journal of Labor Economics, vol. 20, No. 4,
Chicago, University of Chicago Press.
Da Motta, R.S. (2003), Determinants of environmental
performance in the Brazilian industrial sector, Working
Paper Series, Rio de Janeiro, Institute of Applied Economic
Research (IPEA).
De Janvry, A. (1975), The political economy of rural development
in Latin America: an interpretation, American Journal of
Agricultural Economics, vol. 57, No. 3, Oxford, Oxford
University Press.
Engel, S. and R. Lpez (2008), Exploiting common resources
with capital-intensive technologies: the role of external
forces, Environment and Development Economics, vol. 13,
Cambridge, Cambridge University Press.
Farrell, D. and A. Grant (2005), Chinas looming talent shortage,
McKinsey Quarterly, McKinsey & Company.
Feenstra, R.C., J. Romalis and P. Schott (2001), U.S. imports,
exports and tariff data, 1989-2001, NBER Working Papers,

No. 9387, Cambridge, Massachusetts, National Bureau of


Economic Research.
Ghertner, D.A. and M. Fripp (2007), Trading away damage:
quantifying environmental leakage through consumptionbased, life-cycle analysis, Ecological Economics, vol. 63,
No. 2-3, Amsterdam, Elsevier.
Gordon, R. and I. Dew-Becker (2007), Selected issues in the
rise of income inequality, Brookings Papers on Economic
Activity, vol. 38, No. 2, Washington, D.C., The Brookings
Institution.
Huber, R.M, J. Ruitenbeek and R.S. da Motta (1998), Market-based
instruments for environmental policymaking in Latin America
and the Caribbean: lessons from 11 countries, World Bank
Discussion Paper, No. 381, Washington, D.C., World Bank.
Jerzmanowski, M. and M. Nabar (2008), Financial Development
and Wage Inequality: Theory and Evidence [online] http://
ssrn.com/abstract=1280978
Kaplan, S.N. and J. Rauh (2009), Wall Street and Main Street:
what contributes to the rise in the highest incomes?,
Review of Financial Studies, vol. 23, No. 3, Oxford, Oxford
University Press.
Khor, M. (2000), Globalization and the South: some critical
issues, Discussion Paper, No. 147 (UNCTAD/OSG/
DP/147), New York, United Nations Conference on Trade and
Development (UNCTAD), April.
Krugman, P. (2006), The great wealth transfer, Rolling Stone,
November.
(1994), The myth of Asias miracle, Foreign Affairs, vol.
73, No. 6, New York, Council on Foreign Relations.
Lall, S. and M. Albaladejo (2004), Chinas competitive
performance: a threat to East Asian manufactured exports?,
World Development, vol. 32, No. 9, Amsterdam, Elsevier.
Levison, A. and M. Scott Taylor (2008), Unmasking the pollution
haven effect, International Economic Review, vol. 49, No.
1, Philadelphia, University of Pennsylvania/Osaka University
Institute of Social and Economic Research Association.
Lpez, R. (2008), Sustainable economic growth: the ominous
potency of structural change, document presented at
the Sustainable Resource Use and Dynamics Conference
(Switzerland, June 2008), College Park, University of
Maryland.
Lpez, R. and A. Stocking (2009), Bringing growth theory
down to earth, Working Papers, No. 09-01, College Park,
University of Maryland.
Lschel, A. and Z. Zhang (2002), The economic and environmental
implications of the US repudiation of the Kyoto Protocol and
the subsequent deals in Bonn and Marrakech, Review of
World Economics, vol. 138, No. 4, New York, Springer.
McConnell, M.M., P.C. Mosser and G. Perez-Quiros (1999), A

CEPAL REVIEW 102201012

decomposition of the increased stability of GDP growth,


Current Issues in Economics and Finance, New York, Federal
Reserve Bank of New York.
Noland, M. (1997), Has Asian export performance been unique?,
Journal of International Economics, vol. 43, No. 1-2,
Amsterdam, Elsevier.
Panagariya, Arvind (2006), India and China: trade and foreign
investment, Working Paper, No. 302, Stanford, Stanford
Center for International Development.
Philippon, T. and A. Reshef (2009), Wages and human capital in
the US financial industry: 1909-2006, NBER Working Paper,
No. 14644, Cambridge, Massachusetts, National Bureau of
Economic Research.
Piketty, T. and E. Saez (2003), Income inequality in the United
States, 1913-98, Quarterly Journal of Economics, vol. 118,
No. 1, Cambridge, Massachusetts, The MIT Press, February.
Rodrik, D. (2007), The Real Exchange Rate and Economic Growth:
Theory and Evidence, Cambridge, Massachusetts, John F.
Kennedy School of Government, Harvard University, July.

203

Saez, E. (2009), Striking it Richer: the Evolution of Top Incomes in


the United States (Updated with 2007 estimates), Berkeley,
University of California.
Shapiro, M.A. (2009), Environmental Sustainability in East Asia:
Policies and Technological Output, document prepared for
the APPAM-KDI Conference, Seoul.
Simpson, D.R., M. Toman and R. Ayres (2005), Scarcity and Growth
Revisited: Natural Resources and the Environment in the New
Millennium, Washington, D.C., Resources for the Future.
Sloan, J. (1997), The Reagan presidency, growing inequality, and
the American dream, Policy Studies Journal, vol. 25, No. 3,
New York, John Wiley & Sons.
Sokoloff, K.L. and S.L. Engerman (2000), History lessons:
institutions, factor endowments, and paths of development
in the new world, Journal of Economic Perspectives,
vol. 14, No. 3, Nashville, Tennessee, American Economic
Association.
Taylor, P. and others (2008), Inside the Middle Class: Bad Times Hit
the Good Life, Washington, D.C., Pew Research Center.

205
CEPAL REVIEW 78200212

Gustav RanisFrances Stewart

Gustav Ranis
Henry R. Luce

YCIAS
Frank Altschu

gustav.ranis@yale.edu

Frances Stewart

frances.stewart@queenelizabethhouse.oxford.ac.uk

206

CEPAL REVIEW 78200212

Al

Berry

RanisStewart Ramirez

2000

Albert Berry2002419

20

Tavneet Suri

Prateek Tandon
1UNDP

UNDP19909

10

2BerryUrrutia1976Berry

ed.1988

1. A

CEPAL REVIEW 78200212

207

a NGO:

HD

GDP

GNP

31991

208

CEPAL REVIEW 78200212

SchultzTansel1993

BRAC

Riddell 1995

Wood1994

AinsworthBeegleNyamete1995

2. B

Psacharopoulos199248

8AB

AB

5
6Barro1991BarroLee1993ab
7Michaely1977Krueger1978Ram1985
4Schultz (1975)Welch1970Rosenzweig1995

Rana1988Edwards1993

FosterRosenzweig1994

8AlesinaRodrik1994AlesinaPerotti1994

5Behrman19931996

PerssonTabellini1994BirdsallRoss Sabot1995

CEPAL REVIEW 78200212

3.

209

1970~1992
B

35~76
1960 ~1992A

1962~1982

A1:

A2

A3

A4

1970~1992
A

4.

1
3

1.75

B1

B2

B3

210

CEPAL REVIEW 78200212

1960 ~ 2000

21960~2000

UNDP

HDI9

9UNDP25
85

UNDP

2001

CEPAL REVIEW 78200212

211

2080

80

80

80

1960~20003

1960 ~ 2000

212

CEPAL REVIEW 78200212

HDEG1960 ~ 2000

UNDP

1990

23

20

801999

1960~2000

AB

10

3/4

10

CEPAL REVIEW 78200212

A1960~2000a,b

c1970~1980

a 1970~1980

70

10%

5%

UNDP

B1960~2000

a,b,c

a 1970~1980

70

10%

1%

213

214

CEPAL REVIEW 78200212

4%19902%

40

1980

20

38%199019%

19303/4Thorp1998

20602070Salvador Allende

2060

Raczynski1987

20%95%6~14

19777%19845%

81%Raczynski

1987

19727.3%

1.6%

19891.7%

Augusto Pinochet

Augusto Pinochet1973

20606%20

Augusto Pinochet

8016%

20600.47
11

1990

1978~19820.51 1986

2090

4.5%208070

2.1%1.2%

2060

1990~1999

2090

1975

11Riveros1998Berryed.199816
1969~1978

195020%

CEPAL REVIEW 78200212

215

40%Thorp19981948

2070

2080

2060

1988

70

30%

7%3%

2060~70

5%~6%

196076%198145%

0.5~0.6

6%

Maddison1992

2/320~2420%

20

2060

60

8198010

2070

13% 1999

18%5%

4.5%

2060

2060

1960~1980

3%905%

5966

2060

7.4%5.3%66%

671980731995~2000

83%106%

7660

120%23%49%

19606.8%1970

5%14%

6.2%19801.9%1999
1.2%

2080

2080

1983~19886%

5%

40%198042%

198636%80

30%Friedmann

Lustig Legovini19951983~1988

20601/3

1960~1999

2080

NAFTA

2090

19941998

6769

7577

901.25%(80

Thorp1998

)90

1970Luis Echeverra

1989~1993

216

CEPAL REVIEW 78200212

90%79%

3.2%5.4%

2090

PRONASOL

90-0.6%

80+0.3%90

Solidaridad

9075

90

86%98%

1995

90%2%

PRONOSOL

2060

206070

90

8090

196060
9.9%1966

206070

1970~1975

6%

60%

19605.6%

40%2070

197512.2%6065%

80%

85%1558

19706886%

1975~1983

Thorp1998

70

0.7%

80

2070

80

80

3.9%28%

1980~198630%1984

19886.4%

3.7%

2090

2080

1986~1990

4.2%

2.4%

90

6470

1995

5.7%

CEPAL REVIEW 78200212

217

3.1%1990

90

9%

198059196047

8%

94% 196066%

Anastasio Somoza2060

1984~1990

70Augusto Caldern Sandino

8040%

90

199070

1960

4.1%

47Thorp1998

20

60%

70

2070

6.3%1989

65%6

7.2%

22%3/4

2090

10%1965~19755

1990 ~1999

1979

0.3%

25%

198019815%

50%

23%

1960~2000

Berry1998

AB

1960

218

CEPAL REVIEW 78200212

20

80

90

80

20

2060

1975~1990

2090

21

2080

Ainsworth, M., K. Beegle and A. Nyamete (1995): The Impact of


Female Schooling on Fertility and Contraceptive Use: A
Study of Fourteen Sub-Saharan Countries, LSMS working
paper, No. 110, Washington, D.C., World Bank.
Alesina, A. and D. Rodrik (1994): Distributive politics and
economic growth, Quarterly Journal of Economics, vol. 109,
No. 2, Cambridge, Massachusetts, MIT Press.
Alesina, A. and R. Perotti (1994): The political economy of growth:
A critical survey of the recent literature, The World Bank
Economic Review, vol. 8, No. 3, Washington, D.C., World
Bank.
Barro, R. (1991): Economic growth in a cross section of countries,
Quarterly Journal of Economics, vol. 106, No. 2, Cambridge,
Massachusetts, MIT Press.

Barro, R. and J. Lee (1993a): International comparison of


educational attainment, Journal of Monetary Economics,
vol. 32, No. 3, Amsterdam, The Netherlands, North-Holland
Publishing Company.
(1993b): Losers and winners in economic growth, in World
Bank, Proceedings of the World Bank Annual Conference on
Development Economics, 1993, Washington, D.C., World
Bank.
Behrman, J. R. (1993): The economic rationale for investing in
nutrition in developing countries, World Development, vol.
21, No. 11, Oxford, U.K., Pergamon Press.
(1994): Intrafamily distribution in developing countries,
Pakistan Development Review, No. 33, Islamabad, Pakistan,
TGE Pakistan Institute of Development Economics.

CEPAL REVIEW 78200212

(1996): The impact of health and nutrition on education,


The World Bank Research Observer, vol. 11, No. 1,
Washington, D.C., World Bank.
Berry, A. and M. Urrutia (1976): Income Distribution in Colombia,
New Haven, Yale University Press.
Berry, A. (ed.) (1998): Poverty, Economic Reform and Income
Distribution in Latin America, Boulder, Colorado, Lynne
Rienner.
Birdsall, N., D. Ross and R. Sabot (1995): Inequality and growth
reconsidered: Lessons from East Asia, The World Bank
Economic Review, vol. 9, No. 3, Washington, D.C., World
Bank.
Edwards, S. (1993): Openness, trade liberalization, and growth
in developing countries, Journal of Economic Literature,
vol. 31, No. 3, Nashville, Tennessee, American Economic
Association.
Foster, A. D. and M. R. Rosenzweig (1994): Technical change
and human resources and investments: Consequences of the
green revolution, Philadelphia, Pennsylvania, University of
Pennsylvania, unpublished.
(1995): Learning by doing and learning from others:
Human capital and technical change in agriculture, Journal
of Political Economy, vol. 103, No. 6, Chicago, Illinois, The
University of Chicago.
Friedmann, S., N. Lustig and A. Legovini (1995): Mexico: Social
spending and food subsidies during adjustment in the
1980s, in N. Lustig (ed.), Coping with Austerity: Poverty
and Inequality in Latin America, Washington, D.C., The
Brookings Institution.
IMF (International Monetary Fund) (several years): Government
Finance Statistics Yearbook, Washington, D.C.
Krueger, A. (1978): Foreign Trade Regimes and Economic
Development: Liberalization Attempts and Consequences,
Cambridge, Massachusetts, Ballinger.
Maddison, A. (1992): The Political Economy of Poverty, Equity and
Growth: Brazil and Mexico, Washington, D.C., World Bank.
Michaely, M. (1977): Exports and growth: An empirical
investigation, Developing Economics, vol. 4, No. 1,
Amsterdam, The Netherlands, North-Holland.
Persson, T. and G. Tabellini (1994): Is inequality harmful for
growth?, The American Economic Review, vol. 85, No. 2,
Nashville, Tennessee, American Economic Association.
Psacharopoulos, G. (1994): Returns to investment in education: A
global update, World Development, vol. 22, No. 9, Oxford,
U.K., Pergamon Press.
Psacharopoulos, G. and others (1992): Poverty and Income
Distribution in Latin America: The Story of the 1980s,
Washington, D.C., World Bank.
Raczynski, D. (1988): Social policy, poverty and vulnerable groups:

219

Children in Chile, in G. Cornia, R. Jolly and F. Stewart


(eds.), Adjustment with a Human Face, vol. 2, Oxford, U.K.,
Clarendon Press.
Ram, R. (1985): Exports and economic growth: Some additional
evidence, Economic Development and Cultural Change, vol.
33, No. 2, Chicago, Illinois, The University of Chicago Press.
Rana, P. (1988): Exports, policy changes and economic growth in
developing countries after the 1973 oil shock, Developing
Economics, vol. 28, No. 3, Amsterdam, The Netherlands,
North-Holland.
Ranis, G., F. Stewart and A. Ramrez (2000): Economic growth
and human development, World Development, vol. 28, No. 2,
Oxford, U.K., Pergamon Press.
Riddell, R. and others (1995): Non-governmental Organizations
and Rural Poverty Alleviation, New York, Oxford University
Press.
Riveros, L. (1998): Chiles structural adjustment: Relevant policy
lessons for Latin America, in A. Berry (ed.), Poverty,
conomic Reform and Income Distribution in Latin America,
Boulder, Colorado, Lynne Riener.
Rosenzweig, M. R. (1995): Why are there returns to schooling?,
The American Economic Review, vol. 85, No. 2, Nashville,
Tennessee, American Economic Association.
Schultz, T. W. (1975): The value of the ability to deal with
disequilibria, Journal of Economic Literature, vol. 13, No. 3,
Nashville, Tennessee, American Economic Association.
Schultz, T. P. and A. Tansel (1993): Measurement of Returns to
Adult Health, LSMS working paper, No. 95, Washington,
D.C., World Bank.
Thorp, R. (1998): Progress, Poverty and Exclusion: An Economic
History of Latin America in the 20th Century, Baltimore,
Maryland, The Johns Hopkins University Press.
UNDP (United Nations Development Programme) (1990): Human
Development Report 1990, New York, Oxford University
Press.
(1991): Human Development Report 1991, New York,
Oxford University Press.
(2001): Human Development Report 2001, New York,
Oxford University Press.
Welch, F. (1970): Education in production, Journal of Political
Economy, vol. 78, No. 1, Chicago, Illinois, The University of
Chicago Press.
Wood, A. (1994): North-South Trade, Employment and Inequality:
Changing Fortunes in a Skill-Driven World, Oxford, U.K.,
Oxford University Press.
World Bank (1984): Trends in Developing Economies, Washington,
D.C.
(2001): World Development Indicators 2001, Washington,
D.C.

221
CEPAL REVIEW 9420084

1990~2005

Simone Cecchini Andras Uthoff

1990

Simone Cecchini

simone.cecchini@cepal.org

Andras.Uthoff

andras.uthoff@cepal.org

222

CEPAL REVIEW 9420084

1990~2005

25

1990~201515

1.B

20062008

2003

Sen1985

ECLAC

200637%1.74

13%7100

32005a

199048%

1522.5%9

2007d

15

1990
1

16

Irma ArriagadaReynaldo BajrajChristoph Ernst


Ernesto EspnolaJuan Carlos FeresMarco GalvnMartn

HopenhaynArturo LenFernando MedinaPablo Villatoro


Jorge RodrguezNora RuediJrgen Weller

KakwaniNeriSon 2006Nez

2007dbox I.1

RamrezCuesta2006

1990~2005

CEPAL REVIEW 9420084

223

1.

80%

2007a

2007c

16%7%Weller2006

2.

2007c

GDP

Islam2004Osmani

2002

2003

20078%20060.6

2007b2007

2003~2007

1990

2007d

1700

2007b

200548.5%

2006

4
5

2006

1990~2005

224

CEPAL REVIEW 9420084

18
2005a,b

E/WAP

Arriagada2004

2007a

200537%

2005b

20%

61%

1/5

76%

4.2~6.2

80%2

2.1~4

Sunkel2006

1990~2005

CEPAL REVIEW 9420084

225

2 182005a
a

2008

YL/E

YNL/N

(1)

Y/N

1990~2005

226

CEPAL REVIEW 9420084

WAPN

EAPWAP

EAPE/EAP=1-

(2)

Navarrete20058

1990~2005

(3)

UthoffVeraRuedi
2006

2006
8

9KakwaniNeriSon2006 1995~2004

1990~2005

CEPAL REVIEW 9420084

227

11

10

209016

53

12
1990

2. 

1.

1990

2005

10

11

2006

2005b

1990~2005

228

CEPAL REVIEW 9420084

16a
1989/1995~2001/2005

1990~2005

CEPAL REVIEW 9420084

229

* <1.02001~2005

3Y/NYL/EY/NE/N
Y/NYNL/N
VAP=[((PF-PI)/PI)*100]/AVAP
PFPIA

19891020027

1990~2005

230

CEPAL REVIEW 9420084

16
1989/1995~2001/2005

a
19891020027

1/3

12

123

2005

70%

1990~2005

CEPAL REVIEW 9420084

1~10,1990~2005a

a 19902005

1990~2005

231

232

CEPAL REVIEW 9420084

11%

81%1990~2005

3.

10%54%

2007a

16a1990~2005b

19902005

1997

1990~2005

CEPAL REVIEW 9420084

233

2010

13

2015
2020

2090

13
(Mason Lee2004)

1990~2005

234

CEPAL REVIEW 9420084

Arriagada,I.(2004): Estructuras familiars, trabajo y bienestar en


Amrica Latina, in I. Arriagada and V. Aranda (eds.), Cambio
de las familias en el marco de las transformaciones globales:
necesidad de polticas pblicas eficaces, Seminarios y
conferencias series, No.42, LC/L.2230-P, Santiago, Chile,
Economic commission for Latin America and the caribbean
(ECLAC). United Nations publication, No. de venta: S.04.
II.G.150
ECLAC (Economic Commission for Latin America and the
Caribbean) (2004): Social Panorama of Latin America
2002-2003, LC/G.2209-P, Santiago, Chile. United Nations
publication, Sales No.E.03.II.G.185.
(2005a): The Millennium Development Goals: a Latin
American and Caribbean Perspective, LC/G.2331-P, Santiago,
Chile. United Nations publication, Sales No.S.05.II.G.l07.
(2005b): Social Panorama of Latin America 2005, LC/
G.2326-P, Santiago, Chile. United Nations publication, Sales
No.E.06.II.G.133.
(2006): Shaping the Future of Social Protection: Access,
Financing and Solidarity, LC/G.2294(SES.31/3), Santiago,
Chile, March.
(2007a): Social Panorama of Latin America 2006, LC/
G.2326-P, Santiago, Chile. United Nations publication, Sales
No.S.06.II.G.133.
(2007b): Preliminary overview of the Economies of Latin
America and the Caribbean 2007, LC/G.2355-P, Santiago,
Chile. United Nations publication, Sales No.E.07.II.G.161.
(2007c):Social Cohesion: Inclusion and a Sense of
Belonging in Latin America and the Caribbean, LC/G.2335,
Santiago, Chile.
(2007d): Social Panorama of Latin America 2007, LC/
G.2351-P, Santiago, Chile
(2008):Superar la pobreza mediante la inclusin social,
LC/W.174, Santiago, Chile.
ILO (International Labour Organization) (2004): World Employment
Report 2004-2005, Geneva.
(2006): Panorama laboral 2006, Lima, ILO Regional
Office for Latin America and the Caribbean.
(2007): Panorama Laboral 2007, Lima, ILO Regional
Office for Latin America and the Caribbean.
Islam, R. (2004): The Nexus of Economic Growth, Employment
and Poverty Reduction: An Empirical Analysis, Issues in

Employment and Poverty Discussion Paper, No.14, Geneva,


International Labour Organization.
Kakwani, N.,M. Neri. And H.H Son (2006): Linkages Between Propoor growth, Social Programmes and Labour Market: the
Recent Brazilian Experience, International Poverty Centre
Working Paper, No.26, August, Brasilia, Centro Internacional
de la Pobreza.
Mason, A. and R. Lee (2004): Reform and support systems
for the elderly in developing countries: capturing the
second demographic dividend, document presented at the
International Seminar on the Demographic Window and
Healthy Aging: Socioeconomic Challenges and Opportunities,
Beijing, China Centre for Economic Research, Peking
University.
Navarrete, M. (2005): Clasificacin econmica de la poblacin:
indicadors sobre empleo y nivel de actividad, Montevideo,
Universidad de la Repblica.
Nez,J.,J.C. Ramrez and L.Cuesta(2006): Determinantes de la
pobreza en Colombia, 1996-2004, Estudios y perspectivas
series, No.13, LC/L.2579-P, Bogot, D.C., ECLAC office in
Bogot. Uniterd Nations publication, Sales No.S.06.II.G.109.
Osmani, S.R. (2002): Exploring the employment nexus: topics in
employment and poverty, document prepared for the Task
Force on the Joint ILO-UNDP Programme on Employment
and Poverty, New York.
Sen, A. (1985): El bienestar la condicin de ser agente y la libertad.
Conferencias Dewey de 1984, Bienestar, justicia y mercado,
Barcelona, Paids.
Sunke. G. (2006): El papel de la familia en la proteccin social
en Amrica Latina, Polticas sociales series, No.120, LC/
L.2530-P, Santiago, Chile, Economic Commission for Latin
America and the Caribbean (ECLAC). United Nations
publication, Sales No.S.06.II.G.57.
Uthoff, A., C. Vera and N. Ruedi (2006): Relacin de dependencia
del trabajo formal y brechas de proteccin social en Amrica
Latina y el Caribe, in A.Sojo and A.Uthoff(eds.), Desempeo
econmico y politica social en Amrica Latina y el Caribe:
los retos de la equidad, el desarrollo y la ciudadania, Mexico
City, ECLAC/FLACSO/Distribuciones Fontamara.
Weller,J. (2006): Los jvenes y el empleo en Amrica Latina:
desafios y perspectivas ante el nuevo escenario laboral,
Bogot, D.C., ECLAC/Mayol ediciones.

1990~2005

235
CEPAL REVIEW 10120108

Daniel Sotelsek Leopoldo Laborda

GDP
TFP
1980~2004Malmquist

Daniel Sotelsek

daniel.sotelsek@uah.es

Leopoldo Laborda

leopoldo.laborda@uah.es

236

CEPAL REVIEW 10120108

1980~2004

DEA

1980~2004

25

1.

Solow1957

Abramovitz1986Baumol1986

Maddison1987

Solow

Barro1991BarroSala-i-Martin

1992MankiwRomerWeil1992

Quah

Romer1986

1993 1

Elas20011960

19947

UCSD

CILAS
IDBJos Luis

1tYit

Machinea

BarroSala-I-Martin1992

CEPAL REVIEW 10120108

237


40

0.5%

1980~2000Hofman

2001

0.3%

20

0.7%

TaskimZaim199723

19751990

0.37%0.38%

40%

OECD

Hofman

DowrickNguyen1989FreGrosskopf

200112

Norris1994

1980~2000

Ching-ChenYir-Hueih1999

SolimanoSoto2005

APEC19

1980

2080

GDP

MaudosSerranoPastor

Solimano

1999 Fre

Soto200535~36

GrosskopfNorris1994

2.

Lanteri2002
1970~2001

2200817~51

238

CEPAL REVIEW 10120108

2070

Silent

411971~1992

SpringCarlson1962

Boulding1966

Meadows1972

FreGrosskopfHernndez-Sancho2004

349

Elkins1993271

Kuznets

171990

Cole2007

2080Brundtland

CommissionWCED1987
3

WCED1987

Ball2005

2090

Denison1979

Grossman

Robinson1995

Krueger1995Shafik1994

MCP

ColeElliot

Shimamoto2005 Stern2004

FreGrosskopfPasurka2007

Ball2005382~386

Kumar2006

3
Markandya

1992

4Cole2007245

CEPAL REVIEW 10120108

239

1985~1995

Schuschny2007

CO2NOX

Fre

GrosskopfPasurka2007680

Schuschny2007

37

1.

td0t (qt ,xt)=A(t) d0(qt ,xt)

Fre

1994

Fisher1992Caves

ChristensenDiewert1982

tst

(3)
(1)

(4)

(2)
12d0s(qt ,xt)t
s1m0
st
1
FreGrosskopfRoos1998

st
Farrell4

240

CEPAL REVIEW 10120108

Schuschny200722~23

xtxs
FreGrosskopfRoos1994

2.

64
7

Birchenal

Murcia1997

1t

(5)

t+st

t+s

(6)

12
31

6
t
s

4tt+s

8Schuschny2007

J.A.Birchenal G.E. Murcia


Convergencia regional: una revisin del caso
colombianoNo. 69D.C.
1997

CEPAL REVIEW 10120108

241

1980~2004

2000
10

11
I18

2000

10

11

1980~2004

TFP
EFFCH
TECHCH
PECH
SECH
TFPCH
WDIGDF

242

CEPAL REVIEW 10120108

1.

1981~19821982~1983

1980~2004

10%

12

1981~19821986~1987
7%

121

20

1980~2004

TFP
EFFCH
TECHCH
PECH
SECH
TFPCH

CEPAL REVIEW 10120108

243

901996~1997

1998~1999

0.9720.993

2.

2.3%

19891994

1994

1995

2.8%

2002

0.7%

2090

2080

1.015

1.0061.023

244

CEPAL REVIEW 10120108

1983~19871989~1992

19871992

1994~1998

19985

1980~2004

1980~2004

CEPAL REVIEW 10120108

1980~2004

a 95%

245

246

CEPAL REVIEW 10120108

13

1992~2004

Quah19931997

LucyAykroyd

Pollard2002

1980~19921992~20041980~2004

1992~2004

3.

tt+s

18

IIIII

t+s

1980~200425

14

t+s=1

Wilcoxon15

13Quah1997

14BirchenalMurcia1997
t-t+s45
45

15nxi , yi

WW
H0

CEPAL REVIEW 10120108

247

P rietoZof o

1996

1980~2004

EESI

(7)

EA
GNP

EN

IV

1982198420022

1980~2004

248
CEPAL REVIEW 10120108

1980~2004

II

CEPAL REVIEW 10120108

249

III 1980~2004

250
CEPAL REVIEW 10120108

1980~2004

IV

CEPAL REVIEW 10120108

251

252

CEPAL REVIEW 10120108

Abramovitz, M. (1986), Catching up, forging ahead and falling


behind, Journal of Economic History, vol. 46, No. 2,
Cambridge, Cambridge University Press.
Atkinson, G., S. Dietz and E. Neumayer (eds.) (2007), Handbook
of Sustainable Development, Cheltenham, United Kingdom,
Edward Elgar.
Ball, E. and others (2005), Accounting for externalities in the
measurement of productivity growth: the Malmquist cost
productivity measure, Structural Change and Economic
Dynamics, vol. 16, No. 3, Amsterdam, Elsevier.
Barro, R.J. (1991), Economic growth in a cross section of
countries, Quarterly Journal of Economics, vol. 106, No. 2,
Cambridge, Massachusetts, The MIT Press.
Barro, R.J. and X. Sala-i-Martin (1992), Convergence, Journal
of Political Economy, vol. 100, No. 2, Chicago, University of
Chicago Press.
Baumol, W.J. (1986), Productivity growth, convergence and
welfare: what the long-run data show, American Economic
Review, vol. 76, No. 5, Nashville, Tennessee, American
Economic Association.
Baumol, W.J. and E.N. Wolff (1988), Productivity growth,
convergence, and welfare: reply, American Economic
Review, vol. 78, No. 5, Nashville, Tennessee, American
Economic Association.
Birchenal, J.A. and G.E. Murcia (1997), Convergencia
regional: una revisin del caso colombiano, Archivos de
macroeconoma, No. 69, Bogot, D.C., National Planning
Department.
Boulding, K.E. (1966), The Economics of the Coming Spaceship
Earth, Armonk, M.E. Sharpe.
Carlson, R. (1962), Silent Spring, Boston, Houghton Mifflin
Company.
Caves, D.W., L.R. Christensen and W.E. Diewert (1982), The
economic theory of index numbers and the measurement of
input, output, and productivity, Econometrica, vol. 50, No. 6,
Washington, D.C., The Econometric Society.
Cole, M. (2007), Economic growth and the environment,
Handbook of Sustainable Development, G. Atkinson, S. Dietz
and E. Neumayer (eds.), Cheltenham, United Kingdom,
Edward Elgar.
Cole, M., R. Elliot and K. Shimamoto (2005), A note on the
trends in European industrial pollution intensities: a Divisia
index approach, Energy Journal, vol. 26, No. 3, Cleveland,
International Association for Energy Economics.
Ching-Cheng, C. and L. Yir-Hueih (1999), Efficiency change
and growth in productivity: the Asian growth experience,
Journal of Asian Economics, vol. 10, No. 4, Amsterdam,
Elsevier.
De la Fuente, A. (2007), Modelos de convergencia/divergencia y

un breve panorama de la evidencia emprica, Crecimiento


econmico, desigualdades y distribucin de la renta, J.F.
Tezanos (ed.), Madrid, Editorial Sistema.
Denison, E.F. (1979), Accounting for Slower Economic Growth:
The United States in the 1970s, Washington, D.C., The
Brookings Institution.
Dowrick, S. and D. Nguyen (1989), OECD comparative economic
growth 1950-1985: catch up and convergence, American
Economic Review, vol. 79, No. 5, Nashville, Tennessee,
American Economic Association.
ECLAC (Economic Commission for Latin America and the
Caribbean) (2008), Structural Change and Productivity
Growth 20 Years Later: Old Problems, New Opportunities
(LC/G.2367(SES.32/3)), Santiago, Chile.
Ekins, P. (1993), Limits to growth and sustainable development:
grappling with ecological realities, Ecological Economics,
vol. 8, No. 3, Amsterdam, Elsevier.
Elas, V. (2001), Convergencia econmica en Amrica Latina:
1960-1995, Convergencia econmica e integracin: la
experiencia en Europa y Amrica Latina, T. Mancha and D.
Sotelsek (eds.), Madrid, Ediciones Pirmide.
Fre, R. and D. Primont (1995), Multi-output Production and
Duality: Theory and Applications, Boston, Kluwer Academic
Publishers.
Fre, R. and others (1994), Productivity growth, technical progress,
and efficiency change in industrialized countries, American
Economic Review, vol. 84, No. 1, Nashville, Tennessee,
American Economic Association.
Fre, R., S. Grosskopf and F. Hernndez-Sancho (2004), Environmental
performance: an index number approach, Resource and Energy
Economics, vol. 26, No. 4, Amsterdam, Elsevier.
Fre, R., S. Grosskopf and P. Roos (1998), Malmquist productivity
indexes: a survey of theory and practice, Index Numbers:
Essays in Honour of Sten Malmquist, R. Fre, S. Grosskopf
and R.R. Russell (eds.), Boston, Kluwer Academic Publishers.
Fre, R., S. Grosskopf and C. Pasurka (2007), Pollution abatement
activities and traditional productivity, Ecological Economics,
vol. 62, No. 3-4, Amsterdam, Elsevier.
Fisher, I. (1992), The Making of Index Numbers, Boston, Houghton
Mifflin Company.
Grossman, G.M. and A.B. Krueger (1995), Economic growth and
the environment, Quarterly Journal of Economics, vol. 110,
No. 2, Cambridge, Massachusetts, The MIT Press.
Hofman, A. (2001), Long run economic development in Latina
America in a comparative perspective: proximate and
ultimate causes, Macroeconoma del desarrollo series, No.
8 (LC/L.1665-P), Santiago, Chile, Economic Commission for
Latin America and the Caribbean (ECLAC). United Nations
publication, Sales No. E.01.II.G.199.

CEPAL REVIEW 10120108

Kim, J.I. and L.J. Lau (1996), The sources of Asian Pacific
economic growth, Canadian Journal of Economics, vol. 29,
Quebec, Canadian Economics Association.
Krugman, P. (1994), The myth of Asias miracle, Foreign Affairs,
vol. 73, No. 6, New York, Council on Foreign Relations.
Kumar, S. (2006), Environmentally sensitive productivity growth:
a global analysis using Malmquist-Luenberger index,
Ecological Economics, vol. 56, No. 2, Amsterdam, Elsevier.
Lanteri, L.N. (2002), Productividad, desarrollo tecnolgico y
eficiencia. La propuesta de los ndices Malmquist, Anales de
la Asociacin Argentina de Economa Poltica, XXXVII Annual
Meeting, Tucumn, Argentina [online] www.aaep.org.ar
Lucy, D., R.G. Aykroyd and A.M. Pollard (2002), Nonparametric
calibration for age estimation, Applied Statistics, vol. 51,
No. 2, London, Royal Statistical Society.
Maddison, A. (1987), Growth and slowdown in advanced capitalist
economies: techniques of quantitative assessment, Journal
of Economic Literature, vol. 25, No. 2, Nashville, Tennessee,
American Economic Association.
Mankiw, N.G., D. Romer and D. Weil (1992), A contribution to the
empirics of economic growth, Quarterly Journal of Economics,
vol. 107, No. 2, Cambridge, Massachusetts, The MIT Press.
Markandya, A. (1992), Sustainable development: from concept to
action: the international economic framework, Cambridge,
Massachusetts, Harvard Institute for International
Development, unpublished.
Maudos, J., L. Serrano and J. Pastor (1999), Total factor
productivity measurement and human capital in OECD,
Economics Letters, vol. 63, No. 1, Amsterdam, Elsevier.
Meadows, D.H. and others (1972), The Limits to Growth, London,
Universe Books.
Prieto, A.M. and J.L. Zofo (1996), Modelizacin de los efectos
de la regulacin ambiental con fronteras tecnolgicas DEA,
Revista espaola de economa agraria, No. 175, Madrid,
Ministry of Agriculture, Fisheries and Food.
Quah, D. (1997), Empirics for growth and distribution:
stratification, polarization, and convergence clubs, Journal
of Economic Growth, vol. 2, No. 1, New York, Springer.
(1996), Empirics for economic growth and convergence,
European Economic Review, vol. 40, No. 6, Amsterdam,
Elsevier.
(1993), Galtons fallacy and tests of the convergence
hypothesis, Scandinavian Journal of Economics, vol. 95,

253

No. 4, Hoboken, Blackwell Publishing.


Robinson, J.C. (1995), The impact of environmental and
occupational health regulation on productivity growth in U.S.
manufacturing, The Yale Journal on Regulation, vol. 12, No.
2, New Haven, Connecticut, Yale Law School.
Romer, P. (1986), Increasing returns and long-run growth, Journal
of Political Economy, vol. 94, No. 5, Chicago, University of
Chicago Press.
Sala-i-Martin, X. (1999), Apuntes de crecimiento econmico,
Barcelona, Antoni Bosch Editor.
Schuschny, A.R. (2007), El mtodo DEA y su aplicacin al estudio
del sector energtico y las emisiones de CO2 en Amrica
Latina y el Caribe, Estudios estadsticos y prospectivos
series, No. 46 (LC/L.2657-P), Santiago, Chile, Economic
Commission for Latin America and the Caribbean (ECLAC).
United Nations publication, Sales No. S.07.II.G.8.
Shafik, N. (1994), Economic development and environmental
quality: an econometric analysis, Oxford Economic Papers,
vol. 46, Oxford, Oxford University Press.
Solimano, A. and R. Soto (2005), Economic growth in Latin
America in the late 20th century: evidence and interpretation,
Macroeconoma del desarrollo series, No. 33 (LC/L.2236-P),
Santiago, Chile, Economic Commission for Latin America
and the Caribbean (ECLAC). United Nations publication,
Sales No. E.04.II.G.156.
Solow, R. (1957), Technical change and the aggregate production
function, Review of Economics and Statistics, vol. 39, No. 3,
Cambridge, Massachusetts, The MIT Press.
Stern, D.I. (2002), Explaining changes in global sulfur emissions:
an econometric decomposition approach, Ecological
Economics, vol. 42, No. 1-2, Amsterdam, Elsevier.
Taskin, F. and O. Zaim (1997), Catching-up and innovation in high
and low-income countries, Economics Letters, vol. 54, No. 1,
Amsterdam, Elsevier.
WCED (World Commission on Environment and Development)
(1987), Our Common Future (A/42/47), New York, United
Nations.
Wessa, P. (2009), Free Statistics Software, Office for Research
Development and Education, version 1.1.23-r3 [online]
http://www.wessa.net/
Young, A. (1994), Lessons from the East Asian NICs: a contrarian
view, European Economic Review, vol. 38, No. 3-4,
Amsterdam, Elsevier.

255
CEPAL REVIEW

Andr HofmanMiguel Torres

CEPAL Review1976
Ral Prebisch1001000

(ECLAC)

Andr Hofman

andre.hofman@cepal.org

Miguel Torres

miguel.torres@cepal.org

256

CEPAL REVIEW

60

Foreign Investment in Latin America and

the Caribbean

Economic Survey of

Statistical Yearbook for Latin America and the

Latin America and the Caribbean

Caribbean

64 19481949

36

1948

1949Prebisch

Social

Panorama of Latin America

Latin America and the Caribbean

in the World Economy

96
HofmanTorres2008

2008a5

21949

Ral PrebischAdolfo Gurrieri

1951

Anbal Pinto Santa Cruz

3
12

Eugenio LaheraOscar Altimir

Preliminary Overview of the Economies of Latin America and the

Reynaldo BajrajAndr Hofman

Caribbean

Miguel Torres

CEPAL REVIEW

257

Prebisch-Gurrieri1976~1986
1976
4

1976 1956
2070
5

Economic Bulletin of Latin America

Peripheral Capitalism
6
Ral Prebisch197619864
Prebisch

Bielschowsky1998

2070

20

70

2080

Bielschowsky199823

2080

2070

Devlin1979

60

Devlin

2080

Ral Prebisch

Adolfo

Iglesias1983Massad1983

GurrieriRal Prebisch

Iglesias

Prebisch1984Five Stages

1982

in My Thinking on Development

41979
4812

6Ral Prebisch

Prebisch197619781979

1980

Capitalismo Perifrico: Crisis y Transformacin

1974

Prebisch1981

258

CEPAL REVIEW

Massad1983Devlin1979

Torres Olivos2006

Fernando Fajnzylber

Fajnzylber

15

Fajnzylber1981

curtailed industrializationempty

boxFajnzylber19831990

Celso Furtado

1978

30

Furtado

Cardoso

The originality of a copy: CEPAL and the idea

of developmentFernando Henrique Cardoso

1977

Furtado

CardosoPrebisch

Cardoso1977

11Prebisch-

Furtado1978

Criatividade

e Dependncia na Civilizao Industrial

20

6Furtado1978

Cardoso19777

Cardoso

Rodrguez2006

Prebisch

Cardoso

Medina Echavarra

CEPAL REVIEW

259

Echavarra

Graciarena

1976Wolfe1976

Medina Echavarra1976

Medina Echavarra1977

Wolfe

Anbal PintoStyles of development in Latin

America

--

2070

Pinto

1976Pinto

Osvaldo Sunkel

Sunkel1980

Pinto

structural heterogeneityPinto1970

Sunkel

Sunkel198017

Pinto-Lahera1987~1995
19871233

Anbal Pinto

Eugenio Lahera Pinto

Pensamiento

Bielschowsky1998

Iberoamericano112080

2090

71986428PrebischGurrieri
29~33

260

CEPAL REVIEW

Rosenthal

Fajnzylber19831990

Rosenthal1988

2080

2090

Fajnzylber1988

Lahera1988Willmore1989

Gonzlez

HofmanBuitelaar1994

1988

Eyzaguirre1989

Kuwayama1989

Peres19931994Rosales1994

Mortimore1989

Devlin1989

Fuentes1994

Rosenthal1993

IMF

20

Meller1989

Ramos

1989

Fajnzylber1991

Lahera1990

Enzo Faletto

Faletto19881989

Graciarena1988
Wolfe 19902090

8Lpez Cordovez1987Harker1987Ortega

1988Schejtman1988Dirven1993

209021Caldern

CEPAL REVIEW

261

HopenhaynOttone1994

Jovel1989

BustamanteTorres1990

2090

Gligo1990Durn de la Fuente

1991Valenzuela

1991The polluter must pay

(Pigovian taxes)Tomic1992

Participation and the environmentGligo1995

Dourojeanni1994

Snchez Albavera19931995

2090

20

208090

Fernando Fajnzylber

Altimir19901994FeresLen1990

Wolfe1991

Durston1988

20

Franco1989Sojo1990Rodrguez Noboa

1991CohenFranco1992Hopenhayn

1992

Krawczyk 19901993LpezPollack

1989Arriagada19901994Almeras

1994Durston19921993

Ffrench-Davis1988

Tokman1988Guerguil1988Infante

Klein1991Caldern1993Rosenbluth

Sunkel1989

1994

Sunkel

Uthoff1995

Zuleta1990

2090

Uthoff

Anbal Pinto

20Sunkel

1989

1991

262

CEPAL REVIEW

19959Pinto

Pinto

Pinto

Pinto

Altimir-Bajraj1996~20088
Pinto

Gert Rosenthal1996458

Eugenio Lahera

19981050

Oscar Altimir

75Ral Prebisch2002

20088

Ral Prebisch

20051995~2004

2003

Reynaldo BajrajAltimir

199850

Altimir Bajraj

1030

Bielschowsky1998

Katz1998

200712

Thomson ISI

2090Jos Antonio Ocampo

SSCI

BouzasFfrench-Davis1998

La globalizacin y la gobernabilidad de los pases en

desarrolloAldo Ferrer1998Amrica Latina


y la globalizacinDi Filippo1998

9Oscar Altimir20

2090

60

Assael1998

1976~1983/
1984~1988

1989~19931994~1996

Sunkel1998

Reynaldo Bajraj1976

ILPES

Urquidi1998

1987
BajrajCELADE
1997~2003

2050
2001

CEPAL REVIEW

263

Ral Prebisch

100Ral Prebisch

75100

Ral Prebisch

Revista de la CEPAL

PollockKernerLove2001

10

PrebischOcampo2001

David Dumoulin Kervran Jean-Franois Deluchey

Prebisch

Rodrguez

Kervran2005

2001OConnell2001Gurrieri2001

PrebischCorts

Deluchey2005

Conde2001Prebisch

10

Dosman2001 Gonzlez2001

Prebisch

Prebisch

Ocampo 1999

Alexander HamiltonFrederick

Ocampo

ListJohn Stuart Mill

Prebisch
20018Prebisch

Celso Furtado

Klein Tokman2000

2002

Joseph Stiglitz

Stiglitz2003

Escaith2001

Cardoso2004

Ricpero 2004Prebisch

Katz2000

Rodrik2005

1970~1996

Iglesias2006

Prez2001

Halperin2008

2007Ral

Prebisch

2005

Stallings

1995~2004

Weller2001

2090

264

CEPAL REVIEW

Fernando Fajnzylber

Paunovic2005

Jimnez

1992Juan Carlos Tedesco

Tromben20062003~2007

10

TedescoLpez2002

Ocampo2007

AldunateMartner

2006

Hopenhayn2001

Sojo2001

OcampoParra

SchkolnikChackiel2004

2003

Sarav20042001

Prebisch Singer

2050Prebisch

Dirven2004

2090rnfe

OcampoParra24

19201980

Rodrguez2005

1%

Villatoro2005

Heymann2000

Martner

2000Morley2000

2090

Moguillansky20022090

Vergara2005

Ibarra

2004

gmm

Machinea Titelman2007

Carlson2002

CEPAL REVIEW

265

12

JimnezCuadros2003

Uthoff2002

2006

2002

2006

TitelmanUthoff2003

Weller2007

Titelman1999

Mesa-Lago19962004

20

90

2009~2012
20087Alicia Brcena Ibarra

10

2008

Osvaldo Sunkel

2009

Andr Hofman

20

Miguel Torres

30

11

10

11www.cepal.org/revista/default.asp?idioma=IN

266

CEPAL REVIEW

Snchez2009

Daz de Sarralde2010

Boamah2011

Bolaky2011

MounseyPolius2011

20094

972007

Ocampo2009

Ffrench-Davis2009

Machinea

Brcena2010

2009

Rosenthal2010

21

2008Kacef

Lpez-Monti201021

2008

Galindo

Samaniego2010

Agosin2009

Sotelsek

Rosales2009

Laborda2010

InfanteSunkel

Lpez2010

2009

Altomonte

2011

lvarez2009

Jenkins2011

Corts

Sinisterra2009

AltimirBajraj

Alarco2011

Ral PrebischFerrer

Tello2012

2010Ocampo2011

GDP

Prebisch

Monterroso-Rivas2009
Daz2009

CEPAL REVIEW

267

20052010

4100

2005~2009

122005

2010a

50

2010bAlicia Brcena

2005~200914

Agosin, Manuel (2009), Export diversification and growth in


emerging economies, CEPAL Review, No 97 (LC/G.2400-P/
I), Santiago, Chile, April.
Alarco, German (2011), Profit margins, financing and investment
in the Peruvian business sector (1998-2008), CEPAL Review,
No. 105 (LC/G.2508-P), Santiago, Chile, December.
Aldunate, E. and R. Martner (2006), Fiscal policy and social
protection, cepal Review, No. 90 (LC/G.2323-P), Santiago,
Chile, December.
Almeras, D. (1994), Womens formal education: achievements and
obstacles, cepal Review, No. 54 (LC/G.1845-P), Santiago,
Chile, December.
Altimir, O. (1981), Poverty in Latin America: a review of concepts
and data, cepal Review, No. 13 (E/CEPAL/G.1145),
Santiago, Chile, April.
(1990), Development, crisis and equity, cepal Review,
No. 40 (LC/G.1613-P), Santiago, Chile, April.
(1994), Income distribution and poverty through crisis
and adjustment, cepal Review, No. 52 (LC/G.1824-P),
Santiago, Chile, April.
Altimir, O., L.A. Beccaria and M. Gonzlez Rosada (2002), Income
distribution in Argentina, 1974-2000, cepal Review, No. 78
(LC/G.2187-P), Santiago, Chile, December.
Altomonte, Hugo and others (2011), The dynamics of industrial
energy consumption in Latin America and their implications
for sustainable development, CEPAL Review, No. 105 (LC/
G.2508-P), Santiago, Chile, December.
lvarez, Roberto and others (2009), Determinants of world
manufacturing exports to China, 1990-2006, CEPAL Review,
No. 98 (LC/G.2404-P), Santiago, Chile, August.
Arriagada, I. (1990), Unequal participation by women in the
working world, cepal Review, No. 40 (LC/G.1613-P),
Santiago, Chile, April.

(1994), Changes in the urban female labour market,


cepal Review, No. 53 (LC/G.1832-P), Santiago, Chile,
August.
Assael, H. (1998), La bsqueda de la equidad, cepal Review (LC/
G.2037-P), Santiago, Chile, special issue, October.
Brcena, Alicia (2010), Structural constraints on development in
Latin America and the Caribbean: a post-crisis reflection,
cepal Review, No. 100 (LC/G.2442-P), Santiago, Chile, April.
Benzaquen, Jorge and others (2010), A competitiveness index
for the regions of a country, cepal Review, No. 102 (LC/
G.2468-P), Santiago, Chile, December.
Bielschowsky, R. (1998), Evolucin de las ideas de la cepal,
cepal Review (LC/G.2037-P), special issue, Santiago, Chile,
October.
Boamah, Daniel O. Mahalia N. Jackman and Nlandu Mamingi
(2011), Bahamas and Barbados: empirical evidence of
interest rate pass-through, cepal Review, No. 103 (LC/
G.2487-P), Santiago, Chile, April.
Bolaky, B. (2011), Tourism competitiveness in the Caribbean,
cepal Review, No. 104 (LC/G.2498-P), Santiago, Chile,
August.
Bouzas, R. and R. Ffrench-Davis (1998), La globalizacin y la
gobernabilidad de los pases en desarrollo, cepal Review (LC/
G.2037-P), Santiago, Chile, special issue, October.
Bustamante, M.I. and S. Torres (1990), Components of an effective
environmental policy, cepal Review, No. 41 (LC/G.1631-P),
Santiago, Chile, August.
Caldern G., F. (1993), The trade union system: its background
and future prospects, cepal Review, No. 49 (LC/G.1757-P),
Santiago, Chile, April.
Caldern G., F., M. Hopenhayn and E. Ottone (1994), A cultural
view of the eclac proposals, cepal Review, No. 52 (LC/
G.1824-P), Santiago, Chile, April.

268

CEPAL REVIEW

Cardoso, F.H. (1977), The originality of a copy: cepal and the


idea of development, cepal Review, No. 4, Santiago, Chile,
second semester.
(2004), Beyond economics: interactions between politics
and economic development, cepal Review, No. 83 (LC/
G.2231-P) Santiago, Chile, August.
Carlson, B.A. (2002), Education and the labour market in Latin
America: confronting globalization, cepal Review, No. 77
(LC/G.2180-P), August.
Cohen, E. and R. Franco (1992), Rationalizing social policy:
evaluation and viability, cepal Review, No. 47 (LC/
G.1739-P), Santiago, Chile, August.
Corts Conde, R. (2001), Ral Prebisch: his years in government,
cepal Review, No.75 (LC/G.2150-P), Santiago, Chile,
December.
Corts, M. and M.M Sinisterra (2009), Colombia: social capital,
social movements and sustainable development in Cauca,
cepal Review, No. 99 (LC/G.2418-P), Santiago, Chile,
December.
Deluchey, J.F. (2005), Architectures de la scurit intrieure en
Amrique latine: entre hritages et nouvelle donne, cepal
Review (LC/G.2263-P), special issue in French, Santiago,
Chile, June.
Devlin, R. (1979), Commercial bank finance from the North and
the economic development of the South: congruence and
conflict, cepal Review, No. 9 (E/CEPAL/G.1096), Santiago,
Chile, December.
(1985), External debt and crisis: the decline of the
orthodox procedures, cepal Review, No. 27 (LC/G.1368-P),
Santiago, Chile, December.
(1989), Options for tackling the external debt problem,
cepal Review, No. 37 (LC/G.1547-P), Santiago, Chile, April.
Di Filippo, A. (1998), La visin centro-periferia hoy, cepal
Review (LC/G.2037-P), special issue, Santiago, Chile,
October.
Daz, E. (2009), The impact of remittances on macroeconomic
stability: the cases of Mexico and Central America cepal
Review, No. 98 (LC/G. 2404-P), Santiago, Chile, August.
Daz de Sarralde, Santiago, Carlos Garcimartn and Jess RuizHuerta (2010), The paradox of progressivity in low-tax
countries: income tax in Guatemala, cepal Review, No. 102
(LC/G.2468-P), Santiago, Chile, December.
Dirven, M. (1993), Rural society: its integration and
disintegration, cepal Review, No. 51 (LC/G.1792-P),
Santiago, Chile, December.
(2004), Rural non-farm employment and rural diversity
in Latin America, cepal Review, No. 83 (LC/G.2231-P),
Santiago, Chile, August.
Dourojeanni, A. (1994), Water management and river basins
in Latin America, cepal Review, No. 53, LC/G.1832-P,
Santiago, Chile, August.
Dosman, E. (2001), Markets and the State in the evolution of the
Prebisch manifesto, cepal Review, No. 75 (LC/G.2150-P),
Santiago, Chile, December.

Durn de la Fuente, H. (1991), Industrial and urban pollution:


policy options, cepal Review, No. 44 (LC/G.1667-P),
Santiago, Chile, August.
Durston, J. (1988), Rural social policy in a strategy of sustained
development, cepal Review, No. 36 (LC/G.1537-P),
Santiago, Chile, December.
(1992), Erroneous theses on youth in the 1990s, cepal
Review, No. 46 (LC/G.1717-P), Santiago, Chile, April.
(1993), Indigenous peoples and modernity, cepal Review,
No. 51 (LC/G.1792-P), Santiago, Chile, December.
eclac (Economic Commission for Latin America and the Caribbean)
(1949), Economic Survey of Latin America 1948 (E/
CN/.12/82), New York, United Nations.
(1951), Economic Survey of Latin America 1949 (E/
CN.12/164/Rev.1), New York, United Nations.
(1974), Economic Bulletin of Latin America, vol. 19, No.
1-2, Santiago, Chile.
(2008a), Economic Survey of Latin America and the
Caribbean, 2007-2008, (LC/G.2386-P), Santiago, Chile,
October. United Nations publication, Sales No. E.08.II.G.2.
(2008b), Juventud y cohesin social en Iberoamrica: un
modelo para armar (LC/G.2391), Santiago, Chile, October.
(2010a), Revista CEPAL - Numro Hors-Srie, Santiago,
Chile.
(2010b), Revista CEPAL - Nmero especial em portugus,
Santiago, Chile.
eclac/unesco (Economic Commission for Latin America and
the Caribbean/United Nations Educational, Scientific and
Cultural Organization) (1992b), Education and Knowledge:
Basic Pillars of Changing Production Patterns with Social
Equity, Libros de la cepal series, No. 33 (LC/G.1702/
Rev.2-P), Santiago, Chile. United Nations publication, Sales
No. E.92.II.G.6.
Escaith, H. (2001), The small economies of Latin America and the
Caribbean, cepal Review, No. 74 (LC/G.2135-P), Santiago,
Chile, August.
Eyzaguirre, N. (1989), Saving and investment under external and
fiscal constraints, cepal Review, No. 38 (LC/G.1570-P),
Santiago, Chile, August.
Fajnzylber, F. (1981), Some reflections on South-East Asian export
industrialization, cepal Review, No. 15 (E/CEPAL/G.1187),
Santiago, Chile, December.
(1983), La industrializacin trunca de Amrica Latina,
Mexico City, Editorial Nueva Imagen.
(1988), International competitiveness: agreed goal, hard
task, cepal Review, No. 36 (LC/G.1537-P), Santiago, Chile,
December.
(1990), Industrialization in Latin America: from the black
box to the empty box: a comparison of contemporary
industrialization patterns, Cuadernos de la cepal series, No.
60 (LC/G.1534/Rev.1-P), Santiago, Chile. United Nations
publication, Sales No. E.89.II.G.5.
(1991), International insertion and institutional renewal,
cepal Review, No. 44 (LC/G.1667-P), Santiago, Chile, August.

CEPAL REVIEW

Faletto, E. (1988), Political culture and democratic conscience,


cepal Review, No. 35 (LC/G.1527-P), Santiago, Chile,
August.
(1989), The specificity of the Latin American State,
cepal Review, No. 38 (LC/G.1570-P), Santiago, Chile,
August.
Feres, J.C. and A. Len (1990), The magnitude of poverty in Latin
America, cepal Review, No. 41 (LC/G.1631-P), Santiago,
Chile, August.
Ferrer, A. (1998), Amrica Latina y la globalizacin, cepal
Review (LC/G.2037-P), special issue, Santiago, Chile,
October.
(2010), Ral Prebisch and the dilemma of development in
the globalised world, cepal Review, No. 101 (LC/G.2455-P),
Santiago, Chile.
Ffrench-Davis, R. (1988), An outline of a neo-structuralist
approach, cepal Review, No. 34 (LC/G.1521-P), Santiago,
Chile, April.
(2009), The global crisis, speculative capital and
innovative financing for development, cepal Review, No. 97
(LC/G.2400-P/I), Santiago, Chile, April.
Figueroa, Adolfo (2010), Is education income-equalizing?
Evidence from Peru, CEPAL Review, No. 102 (LC/G.2468-P),
Santiago, Chile, December.
Franco, C. (1989), Participation and concertation in social policies,
cepal Review, No. 37 (LC/G.1547-P), Santiago, Chile, April.
Fuentes, J.A. (1994), Open regionalism and economic integration,
cepal Review, No. 53 (LC/G.1832-P), Santiago, Chile, August.
Furtado, C. (1978), Accumulation and creativity, cepal Review,
No. 6, Santiago, Chile, second semester.
Galindo, Luis Miguel and Joseluis Samaniego (2010), The
economics of climate change in Latin America and the
Caribbean: stylized facts, cepal Review, No. 100 (LC/
G.2442-P), Santiago, Chile, April.
Gligo, N. (1990), Natural heritage accounts and sustainable
development, cepal Review, No. 41 (LC/G.1631-P),
Santiago, Chile, August.
(1995), The present state and future prospects of the
environment in Latin America and the Caribbean, cepal
Review, No. 55 (LC/G.1858-P), Santiago, Chile, April.
Gonzlez, N. (1988), An economic policy for development, cepal
Review, No. 34 (LC/G.1521-P), Santiago, Chile, April.
(2001), The motive ideas behind three industrialization
processes, cepal Review, No. 75 (LC/G.2150-P), Santiago,
Chile, December.
Guerguil, M. (1988), Some thoughts on the definition of the
informal sector, cepal Review, No. 35 (LC/G.1527-P),
Santiago, Chile, August.
Graciarena, J. (1976), Power and development styles, cepal
Review, No. 1, Santiago, Chile, first semester.
(1988), A hopeful view of democracy, cepal Review, No.
35 (LC/G.1527-P), Santiago, Chile, August.
Gurrieri, A. (2001), The ideas of young Prebisch, cepal Review,
No. 75 (LC/G.2150-P), Santiago, Chile, December.

269

Halperin, T. (2008), eclac in its historical setting, cepal Review,


No. 94 (LC/G.2357-P), Santiago, Chile, April.
Harker, T. (1987), Agricultural sector policy and macro-economic
planning, cepal Review, No. 33 (LC/G.1491-P), Santiago,
Chile, December.
Heymann, D. (2000), Major macroeconomic disturbances,
expectations and policy responses, cepal Review, No. 70 (LC/
G.2095-P), Santiago, Chile, April.
Hofman, A.A. and R. Buitelaar (1994), Extraordinary comparative
advantage and long-run growth: the case of Ecuador, cepal
Review, No. 54 (LC/G.1845-P), Santiago, Chile, December.
Hopenhayn, M. (1992), The social sciences without planning or
revolution?, cepal Review, No. 48 (LC/G.1748-P), Santiago,
Chile, December.
(2001), Old and new forms of citizenship, cepal Review,
No. 73 (LC/G.2130-P), Santiago, Chile, April.
Ibarra, D. (2004), The devious maze of the international order: the
importation of reforms, cepal Review, No. 82 (LC/G.2220-P),
Santiago, Chile, April.
Iglesias, E.V. (1983), Reflections on the Latin American economy
in 1982, cepal Review, No. 19 (E/CEPAL/G.1229), Santiago,
Chile, April.
(2006), Economic paradigms and the role of the State
in Latin America, cepal Review, No. 90 (LC/G.2323-P),
Santiago, Chile, December.
Infante B., R. and E. Klein (1991), The Latin American labour
market, 1950-1990, cepal Review, No. 45 (LC/G.1687-P),
Santiago, Chile, December.
Infante, Ricardo and Osvaldo Sunkel (2009), Chile: towards
inclusive development, CEPAL Review, No. 97 (LC/
G.2400-P), Santiago, Chile, April.
Jenkins, Rhys (2011), The China effect on commodity prices and
Latin American export earnings, CEPAL Review, No. 103
(LC/G.2487-P/I), Santiago, Chile, April.
Jimnez, J.P. and V. Tromben (2006), Fiscal policy and the
commodities boom: the impact of higher prices for nonrenewables in Latin America and the Caribbean, cepal
Review, No. 90 (LC/G.2323-P), Santiago, Chile, December.
Jimnez, L.F. and J. Cuadros (2003), Expanding the coverage of
pension systems in Latin America, cepal Review, No. 79 (LC/
G.2200-P), Santiago, Chile, April.
Jimnez, Sergio and Jaime Sana (2011), Colombia: public capital
and manufacturing productivity, cepal Review, No. 104 (LC/
G.2498-P/I), Santiago, Chile, August.
Jovel, J.R. (1989), Natural disasters and their economic and social
impact, cepal Review, No. 38 (LC/G.1570-P), Santiago,
Chile, August.
Kacef, Osvaldo and Rafael Lpez-Monti (2010), Latin America,
from boom to crisis: macroeconomic policy challenges,
cepal Review, No. 100 (LC/G.2442-P), Santiago, Chile, April.
Katz, J. (1998), Aprendizaje tecnolgico ayer y hoy, cepal
Review (LC/G.2037-P), special issue, Santiago, Chile,
October.
(2000), Structural changes and productivity in Latin

270

CEPAL REVIEW

American industry, 1970-1996, cepal Review, No. 71 (LC/


G.2060-P), Santiago, Chile, August.
Kervran, D.D. (2005), Les politiques de conservation de la nature
en Amrique latine: au coeur de linternationalisation et de
la convergence des ordres politiques, cepal Review, special
issue in French (LC/G.2243-P), Santiago, Chile, June.
Klein, E. and V.E. Tokman (2000), Social stratification under
tension in a globalized era, cepal Review, No. 72 (LC/
G.2120-P), Santiago, Chile, December.
Krawczyk, M. (1990), The growing presence of women in
development, cepal Review, No. 40 (LC/G.1613-P),
Santiago, Chile, April.
(1993), Women in the region: major changes, cepal
Review, No. 49 (LC/G.1757-P), Santiago, Chile, April.
Kuwayama, M. (1989), The technological potential of the primary
export sector, cepal Review, No. 39 (LC/G.1583-P),
Santiago, Chile, December.
Lahera, E. (1988), Technical change and productive restructuring,
cepal Review, No. 36 (LC/G.1537-P), Santiago, Chile,
December.
(1990), The State and changing production patterns
with social equity, cepal Review, No. 42 (LC/G.1642-P),
Santiago, Chile, December.
Lpez, R. (2010), Global economic crises, environmental-resource
scarcity and wealth concentration, cepal Review, No. 102
(LC/G.2468-P), Santiago, Chile, December.
Lpez Cordovez, L. (1987), Crisis, adjustment policies and
agriculture, cepal Review, No. 33 (LC/G.1491-P), Santiago,
Chile, December.
Lpez M., C. and E.M. Pollack (1989), The incorporation of
women in development policies, cepal Review, No. 39 (LC/
G.1583-P), Santiago, Chile, December.
Machinea, Jos Luis (2009), The international financial crisis: its
nature and the economic policy challenges, cepal Review,
No. 97 (LC/G.2400-P), Santiago, Chile, April.
Machinea, J.L. and D. Titelman (2007), Less volatile growth?: the
role of regional financial institutions, cepal Review, No. 91
(LC/G.2333-P), Santiago, Chile, April.
Martner Fanta, R. (2000), Automatic fiscal stabilizers, cepal
Review, No. 70 (LC/G.2095-P), Santiago, Chile, April.
Massad, C. (1983), The real cost of the external debt for the
creditor and for the debtor, cepal Review, No. 19 (E/CEPAL/
G.1229), Santiago, Chile, April.
Medina Echavarra, J. (1976), Latin America in the possible
scenarios of dtente, cepal Review, No. 2, Santiago, Chile,
second semester.
(1977), Notes on the future of the Western democracies,
cepal Review, No. 4, Santiago, Chile, second semester.
Meller, P. (1989), Criticisms and suggestions on the crossconditionality of the IMF and the World Bank, cepal
Review, No. 37 (LC/G.1547-P), Santiago, Chile, April.
Mesa-Lago, C. (1996), Pension system reforms in Latin America:
the position of the international organizations, cepal Review,
No. 60 (LC/G.1943-P), Santiago, Chile, December.

(2004), An appraisal of a quarter-century of structural


pension reforms in Latin America, cepal Review, No. 84 (LC/
G.2258-P), Santiago, Chile, December.
Moguillansky, G. (2002), Investment and financial volatility
in Latin America, cepal Review, No. 77 (LC/G.2180-P),
Santiago, Chile, August.
Monterroso-Rivas, O. (2009), Institutions and public policies for
rural development in Guatemala, CEPAL Review, No. 97 (LC/
G.2400-P), Santiago, Chile, April.
Morley, S.A. (2000), The effects of growth and economic reform
on income distribution in Latin America, cepal Review, No.
71 (LC/G.2060-P), Santiago, Chile, August.
Mortimore, M. (1989), The conduct of Latin Americas creditor
banks, cepal Review, No. 37 (LC/G.1547-P), Santiago, Chile,
April.
Mounsey, A. and T. Polius (2011), Trinidad and Tobago Interindustry wage differentials, cepal Review, No. 105 (LC/
G.2508-P), Santiago, Chile, December.
Ocampo, J.A. (1999), International financial reform: the broad
agenda, cepal Review, No. 69 (LC/G.2067-P), Santiago,
Chile, December.
(2001), Ral Prebisch and the development agenda at the
dawn of the twenty-first century, cepal Review, No. 75 (LC/
G.2150-P), Santiago, Chile, December.
(2007), The macroeconomics of the Latin American
economic boom, cepal Review, No. 93 (LC/G.2347-P),
Santiago, Chile, December.
(2009), The impact of the global financial crisis on Latin
America, cepal Review, No. 97 (LC/G.2400-P/I), Santiago,
Chile, April.
(2011), Macroeconomy for development: countercyclical
policies and production sector transformation, cepal Review,
No. 104 (LC/G.2498-P), Santiago, Chile, August.
Ocampo, J.A. and M.A. Parra (2003), The terms of trade for
commodities in the twentieth century, cepal Review, No. 79
(LC/G.2200-P), Santiago, Chile, April.
OConnell, A. (2001), The return of vulnerability and Raul
Prebischs early thinking on the Argentine business cycle,
cepal Review, No. 75 (LC/G.2150-P), Santiago, Chile,
December.
Ortega, E. (1988), Agriculture as viewed by eclac, cepal Review,
No. 35 (LC/G.1527-P), Santiago, Chile, August.
Paunovic, I. (2005), Public debt sustainability in the northern
countries of Latin America, cepal Review, No. 87 (LC/
G.2287-P), Santiago, Chile, December.
Peres Nez, W. (1993), The internationalization of Latin
American industrial firms, cepal Review, No. 49 (LC/
G.1757-P), Santiago, Chile, April.
(1994), Policies for competitiveness, cepal Review, No.
53 (LC/G.1832-P), Santiago, Chile, August.
Prez, C. (2001), Technological change and opportunities for
development as a moving target, cepal Review, No. 75 (LC/
G.2150-P), Santiago, Chile, December.
Pinto Santa Cruz, A. (1976), Styles of development in Latin

CEPAL REVIEW

America, cepal Review, No. 1, Santiago, Chile, first semester.


(1970), Naturaleza e implicaciones de la heterogeneidad
estructural de la Amrica Latina, El trimestre econmico,
vol. 37, No. 145, Mexico City, Fondo de Cultura Econmica,
January-March.
Pollock, D., D. Kerner and J.L. Love (2001), Ral Prebisch
on eclacs achievements and deficiencies: an unpublished
interview, cepal Review, No. 75
(LC/G.2150-P), Santiago, Chile, December.
Prebisch, R. (1976), A critique of peripheral capitalism, cepal
Review, No. 1, Santiago, Chile, first semester.
(1978), Socio-economic structure and crisis of peripheral
capitalism, cepal Review, No. 6, Santiago, Chile, second
semester.
(1979), The neoclassical theories of economic liberalism,
cepal Review, No. 7 (E/CEPAL/1084), Santiago, Chile, April.
(1980), Towards a theory of change, cepal Review, No.
10, Santiago, Chile, April.
(1981), Capitalismo perifrico. Crisis y transformacin,
Mexico City, Fondo de Cultura Econmica.
(1984), Five stages in my thinking on development,
Pioneers in Development, G. Meier and D. Seers, New York,
Oxford University Press.
Ramos, J. (1989), Neo-Keynesian macroeconomics as seen from
the South, cepal Review, No. 38 (LC/G.1570-P), Santiago,
Chile, August.
Ricpero, R. (2004), The renewed currency of Ral Prebisch,
cepal Review, No. 84 (LC/G.2258-P), Santiago, Chile,
December.
Rodrik, D. (2005), Policies for economic diversification, cepal
Review, No. 87 (LC/G.2287-P), Santiago, Chile, December.
Rodrguez Vignoli, J. (2005), Adolescent reproduction: the case of
Chile and its policy implications, cepal Review, No. 86 (LC/
G.2282-P), Santiago, Chile, August.
Rodriguez, O. (2001), Prebisch: the continuing validity of his basic
ideas, cepal Review, No. 75 (LC/G.2150-P), Santiago, Chile,
December.
(2006), El estructuralismo latinoamericano, Mexico City,
eclac-Siglo XXI Editores, November.
Rodrguez Noboa, P. (1991), Selectivity as the crux of social
policies, cepal Review, No. 44, LC/G.1667-P, Santiago,
Chile, August.
Rosales V., O. (1994), Industrial policy and promotion of
competitiveness, cepal Review, No. 53 (LC/G.1832-P),
Santiago, Chile, August.
(2009),
Globalization and the new international
trade environment, cepal Review, No. 97 (LC/G.2400-P/I),
Santiago, Chile, April.
Rosenbluth, G. (1994), The informal sector and poverty in Latin
America, cepal Review, No. 52 (LC/G.1824-P), Santiago,
Chile, April.
Rosenthal, G. (1988), eclac: forty years of continuity with change,
cepal Review, No. 35 (LC/G.1527-P), Santiago, Chile, August.
(2010), The financial and economic crisis of 2008 and its

271

repercussions on economic thought, cepal Review, No. 100


(LC/G.2442-P), Santiago, Chile, April.
(1993), Regional integration in the 1990s, cepal Review,
No. 50, LC/G.1767-P, Santiago, Chile, August.
Snchez Albavera, F. (1993), Natural resources: the current
debate, cepal Review, No. 51 (LC/G.1792-P), Santiago,
Chile, December.
(1995), Globalization and restructuring the energy sector
in Latin America, cepal Review, No. 56 (LC/G.1874-P),
Santiago, Chile, August.
Snchez, M.V. (2009), Trade policy reform and poverty: successes
and failures in Central America, cepal Review, No. 98 (LC/
G.2404-P), Santiago, Chile, August.
Sarav, G.A. (2004), Urban segregation and public space: young
people in enclaves of structural poverty, cepal Review, No.
83 (LC/G.2231-P), Santiago, Chile, August.
Schejtman, A. (1988), Food security: trends and impact of the
crisis, cepal Review, No. 36 (LC/G.1537-P), Santiago, Chile,
December.
Schkolnik, S. and J. Chackiel (2004), Less advanced sectors in the
Latin American fertility transition, cepal Review, No. 83 (LC/
G.2231-P), Santiago, Chile, August.
Sojo, A. (1990), Nature and selectiveness of social policy, cepal
Review, No. 41 (LC/G.1631-P), Santiago, Chile, August.
(2001), Reforming health-care management in Latin
America, cepal Review, No. 74 (LC/G.2135-P), Santiago,
Chile, August.
Sotelsek, Daniel and Leopoldo Laborda (2010), Latin America:
incorporating environmental factors into the measurement of
production efficiency and technical change, CEPAL Review,
No. 101 (LC/G.2455-P), Santiago, Chile, August.
Stallings, B. and J. Weller (2001), Employment in Latin America:
cornerstone of social policy, cepal Review, No. 75 (LC/
G.2150-P), Santiago, Chile, December.
Stiglitz, J.E. (2003), Whither reform? Towards a new agenda
for Latin America, cepal Review, No. 80 (LC/G.2204-P),
Santiago, Chile, August.
Sunkel, O. (1980), The interaction between styles of development
and the environment in Latin America, cepal Review, No. 12
(E/CEPAL/G.1130), Santiago, Chile, December.
(1989), Institutionalism and structuralism, cepal Review,
No. 38, (LC/G.1570-P), Santiago, Chile, August.
(1998), Desarrollo e integracin regional: otra
oportunidad para una promesa incumplida?, cepal Review
(LC/G.2037-P), special issue, Santiago, Chile, October.
Sunkel, O. and G. Zuleta (1990), Neo-structuralism versus neoliberalism in the 1990s, cepal Review, No. 42 (LC/G.1642-P),
Santiago, Chile, December.
Tedesco, J.C. and N. Lpez (2002), Challenges for secondary
education in Latin America, cepal Review, No. 76 (LC/
G.2175-P), Santiago, Chile, April.
Tello (2012), Per: Integracin, especializacin sectorial y
sincronizacin de los ciclos internacionales del producto,
cepal Review, No. 106, Santiago, Chile, April, forthcoming.

272

CEPAL REVIEW

Tokman, V.E. (1988), Urban employment: research and policy


in Latin America, cepal Review, No. 34 (LC/G.1521-P),
Santiago, Chile, April.
Titelman Kardonsky, D. (1999), Reform to health system financing
in Chile, cepal Review, No. 69 (LC/G.2067-P) Santiago,
Chile, December.
Titelman Kardonsky, D. and A. Uthoff (2003), The role of
insurance in social protection, cepal Review, No. 81 (LC/
G.2216-P) Santiago, Chile.
Tomic, T. (1992), Participation and the environment, cepal
Review, No. 48 (LC/G.1748-P), Santiago, Chile, December.
Torres Olivos, M. (comp.) (2006), Fernando Fajnzylber, Una
visin renovadora del desarrollo en Amrica Latina, Libros
de la cepal series, No. 92 (LC/G.2322-P), Santiago, Chile,
Economic Commission for Latin America and the Caribbean
(cepal), November.
Urquidi, V.L. (1998), Incidentes de integracin en Centroamrica
y Panam, 1952-1958, cepal Review (LC/G.2037-P), special
issue, Santiago, Chile, October.
Uthoff, A. (1995), Pension system reform in Latin America, cepal
Review, No. 56 (LC/G.1874-P), Santiago, Chile, August.
(2002), Labour markets and pension systems, cepal
Review No. 78 (LC/G.2187-P), Santiago, Chile, December.

(2006), Gaps in the welfare State and reforms to pension


systems in Latin America, cepal Review, No. 89 (LC/
G.2312-P), Santiago, Chile.
Valenzuela, R. (1991), The polluter must pay, cepal Review, No.
45 (LC/G.1687-P), Santiago, Chile, December.
Vergara, S. (2005), The dynamic of employment in Chilean
industry, cepal Review, No. 86 (LC/G.2282-P), Santiago,
Chile, August.
Villatoro, P. (2005), Conditional cash transfer programmes:
experiences from Latin America, cepal Review, No. 86 (LC/
G.2282-P), Santiago, Chile, August.
Weller, J. (2007), Youth employment: characteristics, tensions and
challenges, cepal Review, No. 92 (LC/G.2339-P), Santiago,
Chile, August.
Willmore, L. (1989), Export promotion and import substitution
in Central American industry, cepal Review, No. 38 (LC/
G.1570-P), Santiago, Chile, August.
Wolfe, M. (1976), Approaches to development: who is approaching
what?, cepal Review, No. 1, Santiago, Chile, first semester.
(1990), Social structures and democracy in the 1990s,
cepal Review, No. 40 (LC/G.1613-P), Santiago, Chile, April.
(1991), The prospect for equity, cepal Review, No. 44
(LC/G.1667-P), Santiago, Chile, August.

CEPAL REVIEW

201211

273

You might also like