1. Introduction 2. Contrasts in the hemisphere: size and trade 3. The political economy of protection in Latin America: the inertia of history 4. The political economy of protection in the US: ominous developments 5. The FTAA negotiation process 6. Conclusions

This paper is divided in nine sections. A short introduction puts the subject matter in perspective in the context of the FTAA negotiations. Section 1 deals with obstacles to a successful conclusion of the FTAA both in Mercosur - especially in Brazil. The following section considers briefly how...

This article is on the activities of British money doctors in South America between the 1890s and the 1930s, hitherto overlooked in the literature. It focuses on Sir Otto Niemeyer’s missions to Brazil and Argentina in the early 1930s compared to his earlier report on New Zealand and Professor...

This paper’s main concern is to assess which "industrial policies" would be meaningful for Latin America nowadays. The first section considers definitions of "industrial policies" and their nature in the past. The second section centers on national growth experiences that may serve as...

Since Henry George (1839-1897) economists have been arguing that a tax on unim- proved land is an ideal tax on e¢ ciency grounds. Output taxes, on the other hand, have distortional effects on the economy. This paper shows that under asymmetric information output tax might be used along with...