The economic crisis that has affected Latin American countries since the early 1980s and is threatening to expand beyond the present decade has reactivated the debate about trade and development and the role of Latin America in the international division of labour. This paper seeks to contribute...

Este artículo examina la evolución de los términos de intercambio entre productos básicos y manufacturas en los años 1900 a 2000. Un análisis estadístico de las series de precios relativos de 24 productos básicos y ocho índices muestra que hubo un deterioro marcado de los términos de...

This article attempts to analyse the factors which have led to the recent deterioration in Cuba's ability to service its debt. The author argues that the balance of trade situation was artificially strengthened in earlier years by unusually high sugar prices and favourable credit policies by...