From Natural Resources To The Knowledge Economy: Trade And Job Quality (world Bank Latin American And Caribbean Studies)

Annotation This Report Addresses Three Concerns About The Structure Of Trade In Latin American And Caribbean Economies. Annotation This Report Addresses Three Concerns About The Structure Of Trade In Latin American And Caribbean Economies. The First Is Whether Natural Wealth And Exports Of Natural Resource-intensive Commodities Hampers Economic Development. The Second Concern Is That Natural Resources Create A Concentrated Export Structure Which Exacerbates Economic Volatility And Thus Reduces Growth. The Third Concern Is That International Trade Might Eliminate Jobs. The Wide-ranging Report Cites The Experience Of Australia, Canada, Finland, Sweden, And The United States, As Well As Some Latin American Countries, To Show How Successful Economies Have Been Built On The Basis Of Primary Commodity Exports. Annotation Addresses Concerns About The Impact Of Trade In Latin American And Caribbean Economies On Natural Resources, Jobs, And Economic Development. Cites The Experience Of Australia, Canada, Finland, Sweden, And The U.s., As Well As Latin American Countries, To Show How Successful Economies Have Been Built On The Basis Of Primary Commodity Exports. Ch. 1. Introduction And Summary -- What Should Countries Rich In Natural Resources Do To Grow Faster And Improve The Quality Of Their Jobs? -- Answering Old And New Concerns About Trade -- Lessons From Successful Natural Resource-rich Countries: Play To Your Strengths -- Building New Areas Of Comparative Advantage -- Are The New Jobs Good Jobs? -- Ch. 2. Comparative Advantage, Diversification, And Intra-industry Trade: Determinants And Consequences -- New Trade Theories, New Endowments, And New Patterns Of Trade -- New Factor Endowments: Industrial Clusters, Logistics Costs, And Ict And Knowledge -- Comparative Advantage: Facts From Lac -- The Regional Average Since The Early 1980s -- Are Traditional Endowments Destiny? David De Ferranti ... [et Al.]. Includes Bibliographical References.