What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

El Salvador’s first competition law took effect on 1 January 2006. The law, following some important amendments in 2007, is sound in most respects. It employs enforcement standards that are consistent with best practices in the worldwide competition community. It provides the new competition...

This book contains the results of peer reviews of the competition law and policies of Argentina, Brazil, Chile, Mexico, and Peru. Each review provides information on the history and economic context for competition law, an outline of the provisions of the current law and policies, a review of...

The central question tackled here is that of the desirability of foreign direct investment over other flows, such as bank lending. There has been an undoubted rise in FDI flows as a proportion of all flows to the Latin American region, but how much of the cause is supply- or demand-driven...

Peer reviews of competition law and policy are a valuable tool to reform and strengthen a country’s competition framework. This peer review of Brazil presents the evolution of its competition regime and assesses its competition law and policy.