This paper studies three horizontal policy instruments and two vertical ones in Chilean industrial policy, particularly regarding small and medium enterprises (SMEs). The horizontal instruments are (1) a guarantee program for borrowing by SMEs (FOGAPE), (2) a small subsidy to new exports that...

This study covers the impact of the emergence of China on Central American economies, with special emphasis on Guatemala and Honduras. The issue of the China¿s impact is generally approached from the standpoint of threats hovering over the economies of Central America (and of others in Region...