This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...

Rising income inequality in the US and several European countries, particularly since the onset of the current global financial crisis, have triggered an intense political and intellectual debate. Reducing inequality is one of the biggest challenges facing modern capitalistic democracies....

We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...

We explore the heterogeneous effects of the global financial crisis on international trade flows differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with experts quality ratings, we show that higher quality exports collapsed more...

Following a major economic crisis in late 2001, Argentina undertook several reforms which led to investment disputes before ICSID. The major issue for the tribunals was to establish in which circumstances the ‘state of necessity' doctrine is deemed applicable to a certain situation, which...

We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher quality exports grew faster before the crisis, but...

The Argentina-US Mutually Agreed Solution is not for the first time when this provision of the Dispute Settlement Understanding has been used to settle the disputes but the circumstances under which this provision was used and the provisions which have been incorporated in the Argentina-US...