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- Title
- Economic growth in Ecuador provided by dollarization.
- Creator
- Salcedo-Saltos, Rosanna L., Harriet L. Wilkes Honors College
- Abstract/Description
-
In an attempt to reduce runaway inflation, the Ecuadorian government froze citizens' checking and savings accounts for a year in March 1999. Nevertheless, Ecuador still experienced hyperinflation later that year. On January 9, 2000, Ecuador established dollarization as a desperate attempt to restore confidence in the economy. In order to test for dollarization's impact on economic growth, I employ an econometrics model with total factor productivity as the dependent variable. I then use...
Show moreIn an attempt to reduce runaway inflation, the Ecuadorian government froze citizens' checking and savings accounts for a year in March 1999. Nevertheless, Ecuador still experienced hyperinflation later that year. On January 9, 2000, Ecuador established dollarization as a desperate attempt to restore confidence in the economy. In order to test for dollarization's impact on economic growth, I employ an econometrics model with total factor productivity as the dependent variable. I then use dollarization as the independent variable of interest, and other control variables such as oil, and trade. The results reported in this paper suggest that dollarization has a significant positive impact on Ecuador's economic growth.
Show less - Date Issued
- 2010
- PURL
- http://purl.flvc.org/FAU/3335454
- Subject Headings
- Monetary policy, Currency question, Dollar, American, Economic conditions, Economic conditions
- Format
- Document (PDF)
- Title
- The impact of the informal economic GDP growth in Latin America and the Caribbean.
- Creator
- Wedderburn, Chantal., College of Business, Department of Economics
- Abstract/Description
-
The informal, underground or shadow economy is a significant, growing force throughout Latin America and the Caribbean, contributing to overall output, yet diminishing productivity, congesting public services, and depriving developing nations of potential fiscal revenues. This paper discusses the various definitions and methods of measurement of the informal sector, with the aim of showing the importance of collecting taxes in informal economies. Informal economy participants engage in tax...
Show moreThe informal, underground or shadow economy is a significant, growing force throughout Latin America and the Caribbean, contributing to overall output, yet diminishing productivity, congesting public services, and depriving developing nations of potential fiscal revenues. This paper discusses the various definitions and methods of measurement of the informal sector, with the aim of showing the importance of collecting taxes in informal economies. Informal economy participants engage in tax evasion and avoidance of governmental regulations, therefore the implications of excessive tax burdens and onerous bureaucracy are studied, with a focus on their impact on GDP growth. Informal sector enterprises can greatly contribute to the official, recorded GDP measures if they have significant incentives to joining the formal sector. These incentives are presented and must be considered seriously by policymakers concerned with capturing additional tax revenues and improving economic growth in their nations.
Show less - Date Issued
- 2009
- PURL
- http://purl.flvc.org/FAU/186773
- Subject Headings
- Gross domestic product, Gross domestic product, International economic relations, Economic conditions, Economic conditions
- Format
- Document (PDF)
- Title
- Pentecostalism, development and democracy in Latin America.
- Creator
- Louis, Pierre A., Harriet L. Wilkes Honors College
- Abstract/Description
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The recent explosive growth of Protestantism in Latin America has led a number of scholars to predict that the region may be on its way to reaching a significantly higher levels of socioeconomic development and democracy. These are important claims for a region that has struggled with both economic development and democratic consolidation. This thesis argues that Protestantism in Latin America does not follow the classical Weberian pattern of development. Because the majority of Protestant...
Show moreThe recent explosive growth of Protestantism in Latin America has led a number of scholars to predict that the region may be on its way to reaching a significantly higher levels of socioeconomic development and democracy. These are important claims for a region that has struggled with both economic development and democratic consolidation. This thesis argues that Protestantism in Latin America does not follow the classical Weberian pattern of development. Because the majority of Protestant growth in the region is Pentecostal, the causal assumptions of the--culture and development school do not hold. Furthermore, a context of neoliberalism, a significant colonial legacy, and wide income disparities continue to hinder the potential for development. Based on a review of secondary sources and specific data from the case of Guatemala, this thesis argues that while individual Protestants may experience some upward social mobility, the growth of Protestantism has done little to advance the socioeconomic and political development of the region.
Show less - Date Issued
- 2008
- PURL
- http://purl.flvc.org/FAU/77674
- Subject Headings
- Democratization, Neoliberalism, Christianity and politics, Politics and government, Cultural policy
- Format
- Document (PDF)
- Title
- Secularism in Latin America?: looking at the effects of social welfare and leftist parties on religiosity.
- Creator
- Pena, Alan Manuel., Harriet L. Wilkes Honors College
- Abstract/Description
-
Researchers sometimes classify religious organizations as rational actors, arguing that religious organizations attempt to minimize costs and maximize membership. Anthony Gill and Erik Lundsgaarde use the rational actor model to explain organized religion's diminished competitiveness and the correlated increase in secularity against governments with high social welfare programs. They conclude that government welfare programs contribute to increased secularity. Survey data indicates that Chile...
Show moreResearchers sometimes classify religious organizations as rational actors, arguing that religious organizations attempt to minimize costs and maximize membership. Anthony Gill and Erik Lundsgaarde use the rational actor model to explain organized religion's diminished competitiveness and the correlated increase in secularity against governments with high social welfare programs. They conclude that government welfare programs contribute to increased secularity. Survey data indicates that Chile, Cuba, and Uruguay have significantly higher proportions of secularity relative to the rest of the region. This thesis tests the hypothesis that increased secularity in Chile, Cuba, and Uruguay is caused not only by Gill and Lundsgaarde's social welfare hypothesis, but also by the historical presence of far left parties in these nations. The ideologies of longstanding far left parties are often anti-religious and may contribute to increased secularity, suggesting that leftist parties may be a predictor of increased secularity in a country. Welfare, as times passes, becomes a stronger predictor of decreased religious behavior.
Show less - Date Issued
- 2008
- PURL
- http://purl.flvc.org/FAU/77682
- Subject Headings
- Religion and politics, Church and state, History, Political parties
- Format
- Document (PDF)