In this paper we estimate the early effect of the European Monetary Union (EMU) on trade. We use a panel data set that includes the most recent information on bilateral trade for 22 developed countries from 1992 through 2002. During this period 12 European countries formally entered into a...

In this paper we present evidence suggesting that international migrant remittances generally lead to improved developmental outcomes. Using a cross-section of Mexican municipalities in the year 2000, we show that increases in the fraction of households receiving international remittances are...

This study looks at several major legislative actions in 2002 that will substantially affect trade negotiations with the United States, and examines the US import protection for agricultural products that will be critical in trade negotiations with Central American countries. The two important...

This document is a synthesis of the region's most pertinent top priorities, of achievements undergone during recent years, and of the challenges and opportunities the region will face in the near future.Abstract: Los países pertenecientes a la región andina han realizado, durante los últimos...

Economic growth is often a kind of miracle because like most miracles, it is not easy to explain. Countries that have not grown for a century, at times begin to grow at a fast pace, while countries that were growing fast stop growing. From time to time economists have advanced particular...

The paper is concerned with the high protection cum high growth experience in Brazil until the second half of the 1980s and its crisis. The paper is structured in four sections. The first section is a summary of the arguments presented in the following three sections of the paper. Section II...

Este documento fue presentado en la Conferencia "MERCOSUR: En busca de una nueva agenda", realizada en la Fundación Getulio Vargas en Rio de Janeiro, en junio de 2003. Considerando la dinámica de las políticas emergentes, que apuntan a un renovado interés en profundizar la iniciativa...

A casual observer would be forgiven for concluding that these are both the best and the worst of times for eliminating barriers to international trade and investment. On the plus side, developed countries are firmly committed to the trade liberalization agenda.Abstract: A un observador fortuito...

Varios países y regiones latinoamericanos van a comenzar a negociar con la Unión Europea (UE) acuerdos comerciales para crear zonas de libre comercio. Para la UE el objetivo de estos acuerdos va más allá de la simple supresión de barreras al comercio exterior de productos. La UE negocia...

This paper was developed for the Regional Policy Dialogue on Trade and Integration Network in August of 2002. This paper is an in-depth discussion of how agriculture occupied a sideline position during the negotiations for the formation of the FTAA and WTO. Main topics in regards to the...