[eng] Strengths and deficiences of emerging markets. . This paper, written during 1996 summer, investigates strenghs and deficiencies of emerging markets just after the mexican crisis and before Asian market ones. It revelates that, after 1994, their rapid revival was motivated by a large growth...

Every one knows the fecondity of free trade model. Nevertheless, as P.A. Samuelson himself las recently (2003) demonstrated, the Ricardo-Mill theorem meets some limits whan it is applied to present China and US case, when the first country catchs up rapidly the second in its specialised good....