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The International Oil Price Boom in Latin America: Bolivia, Chile, Colombia, PowerPoint Presentation
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The International Oil Price Boom in Latin America: Bolivia, Chile, Colombia,

The International Oil Price Boom in Latin America: Bolivia, Chile, Colombia,

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The International Oil Price Boom in Latin America: Bolivia, Chile, Colombia,

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  1. Australian National Centre for Latin American Studies (ANCLAS) Third Annual Conference The International Oil Price Boom in Latin America: Bolivia, Chile, Colombia, Mexico, Nicaragua and Venezuela Mauricio Medinaceli Monrroy September, 2013

  2. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  3. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  4. Selection of Countries Why this Countries? Mexico Nicaragua Venezuela Colombia Bolivia Export Countries Chile Import Countries

  5. Selection of Countries Hypothesis Oil Boom International Prices have different economic impact over countries in Latin America

  6. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  7. GDP & Per Capita GDP GDP Growth

  8. GDP & Per Capita GDP GDP Growth

  9. GDP & Per Capita GDP GDP Growth

  10. GDP & Per Capita GDP GDP Growth

  11. GDP & Per Capita GDP Per Capita GDP Growth

  12. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  13. Model and Results Variables K/GDP G/GDP

  14. Model and Results Variables (X+M)/GDP TT/GDP

  15. Model and Results Variables Illiteracy Rate Devaluation

  16. Model and Results Variables USA GDP Growth China GDP Growth

  17. Model and Results Variables Prices Imports

  18. Model and Results WTI Price and Per Capita GDP Growth

  19. Model and Results WTI Price and Per Capita GDP Growth

  20. Model and Results WTI Price and Per Capita GDP Growth

  21. Model and Results WTI Price and Per Capita GDP Growth

  22. Model and Results WTI Price and Per Capita GDP Growth Not very conclusive, what we can do?

  23. Model and Results WTI Price and Per Capita GDP Growth Semi Non Parametric relation

  24. Model and Results WTI Price and Per Capita GDP Growth

  25. Model and Results WTI Price and Per Capita GDP Growth The positive relation between GDP growth and oil prices, for producer countries, is always good?

  26. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  27. Case Study: Bolivia Markets for Bolivian Natural Gas

  28. Case Study: Bolivia Natural Gas Export Prices

  29. Case Study: Bolivia Royalties and ProductionTax

  30. Case Study: Bolivia “Cake” Division in Upstream

  31. Case Study: Bolivia Micro – Macro Model Results

  32. Case Study: Bolivia Micro – Macro Model Results

  33. Case Study: Bolivia Micro – Macro Model Results

  34. Case Study: Bolivia Micro – Macro Model Results

  35. Case Study: Bolivia Why? The logic behind is as follows: More demand from Brazil and Argentina associated with high international prices, generates an increase in Bolivian natural gas exports More export value generates more natural gas production value That generates more fiscal revenues from royalties and production taxes Because of current law, more fiscal resources increase the internal demand for construction, transport and formal services An increase in the internal demand generates inflation More inflation generates a decrease in the real income of people who don't participate directly of the hydrocarbons sector, this, at the end, increase global poverty and inequality

  36. List of Topics Selection of Countries GDP and per capita GDP growth Model and Results Case Study: Bolivia Main Conclusions

  37. Case Study: Bolivia Why? Not all the countries in LAC are the same Producer countries really benefits from oil price boom A high oil price generates a GDP growth in Producer Countries A high oil price generates a GDP decrease in Import Countries Not always a high GDP generates good social indicators

  38. Energy Consumption How to read the Figure? High GDP High energy consumption High GDP Low energy consumption Per Capita GDP   Low GDP High energy consumption Low GDP Low energy consumption    Per Capita Energy Consumption

  39. Energy Consumption 1970 Sizedepends of population Uruguay Colombia Argentina Venezuela Ecuador México Bolivia Chile Perú Brasil Guatemala Paraguay

  40. Energy Consumption 1970

  41. Energy Consumption 1971

  42. Energy Consumption 1972

  43. Energy Consumption 1973

  44. Energy Consumption 1974

  45. Energy Consumption 1975

  46. Energy Consumption 1976

  47. Energy Consumption 1977

  48. Energy Consumption 1978

  49. Energy Consumption 1979

  50. Energy Consumption 1980