The nexus of real exchange rate (RER) and capital inflows is examined through a comparative analysis of the experiences of emerging market economies in Asian and Latin America during the period 1985-2000. It is found that the degree of appreciation in RER associated with capital inflow is...

Spanish Abstract: Durante los últimos diez años la mayoría de los países de LAC disminuyeron sus barreras comerciales dejando atrás décadas de estrategias asociadas con la sustitución de importaciones. Desde comienzos del siglo XX no se presentaba una situación similar a la actual. Estas...

As Latin American and Caribbean countries have liberalized their trade regimes, they have enthusiastically adopted antidumping measures that reduce competition. Competition laws are only beginning to make their appearance in the region. Antidumping and competition policies are strangers in the...

To maintain liberal trade and advance the agenda for more open trade, economic policy must prevent external shocks from becoming crises - and protection must remain uniform among sectors. Trade policymaking institutions must be able to deal with changes in political equilibrium resulting from...

The author examines the relationship between trade policies and macroeconomic adjustment in six Latin American countries: Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico. For the period 1965-94, the six countries experienced 26 trade policy episodes: 11 tightening, and 15 loosening of...

Fourteen essays by experienced political leaders, researchers and scholars examine the political economy and international relations of the Caribbean. Strategies for sustainable development include proposals to link productive structures among private sectors and increase institutional flexibility.

This clear-headed account traces the relationship of the developing countries with the world economy, the factors leading to trade reforms, and the political economy aspects of reform.

The authors developed a framework for analyzing the relationship between domestic financial markets and the effects of trade liberalization and applied it to Sri Lanka's experience between 1977 and 1987. They found that the domestic financial market significantly affects the outcome of trade...