Although since 1974, under pressure of the new trends in the world economy, public financing began gradually to lose its relative importance for Latin American countries, there seems to persist an obvious demand for bodies such as the Inter-American Development Bank. In the author's view, the...

Understanding the complex relations between trade integration and poverty reduction is now a priority for Latin American policymakers. The chapters of this book, penned by eminent authors with a long-standing record in the field, represent the current state of knowledge about trade and poverty...

Models on the composition of trade and growth often assume that the technological content of trade is negatively correlated with the income of the trading partner. First, this paper shows that this assumption is not supported empirically. Second, it presents a Ricardian model with non-homothetic...