Economic Development

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IADB: All That Glitters May Not Be Gold

The international community has hailed the past five years as exceptionally good economic times for Latin America. In this report the Inter-American Development Bank goes beyond initial perceptions to examine whether Latin America's macroeconomic performance and fundamentals are as sound as they appear at first sight. The report's aim is to present an alternative perspective in order to precipitate a useful and necessary debate.

See more in Central America, South America, Economic Development, Emerging Markets

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IEA: Energy Efficiency and CO2 Emissions from the Global Cement Industry

Authors: Cecilia Tam, Michael Taylor, and Dolf Gielen

Global cement production grew significantly from 1970 to 2005, with the vast majority of the growth occurring in developing countries. In terms of CO2 emissions, cement production is the most important activity in the non-metallic minerals category. This paper sets out some of the initial data collected for a separate IEA analysis report on the energy demand, CO2 emissions and CO2 emission reduction opportunities in the cement industry.

See more in Economic Development, Emerging Markets, Climate Change

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CJR: Uncomfortable Truth

Author: Naresh Fernandes

Naresh Fernandes examines the discrepancy that exists between the glowing reports of a booming Indian economy and increasing wealth versus the reality that most citizens of India live in poverty. Fernandes writes that Indian media cater more to the aspirations of the elite through aggressive advertising campaigns rather than acting as “the fourth pillary of democracy.”

See more in India, Economic Development

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The Energy Journal: Vehicle ownership and income growth, worldwide: 1960-2030

Author: Joyce Dargay

The speed of vehicle ownership expansion in emerging market and developing countries has important implications for transport and environmental policies, as well as the global oil market. This paper contributes to the debate by building a model that explicitly models the vehicle saturation level as a function of observable country characteristics: urbanization and population density.

See more in China, Economic Development, Geoeconomics, Climate Change