After a long period of economic divergence before 1914, the Portuguese economy recovered slightly until 1950, entering thereafter on a path of strong economic convergence. This paper focuses on Portuguese economic growth in the period 1950-1973 in order to show how institutional decisions...

This work analyzes the process of convergence of the per capita incomes of Mexico and the USA from 1954 to 2008. It was found a point of rupture occurring in this process in the last quarter of 1982. It is analyzed the gap between the levels of their per capita incomes and find that it was...

Colombia adopted a health care system with regulated competition in the interaction of several markets: insurance, medical services, hospitalization and drugs. In this regulatory scheme, a collegiate body and two central dependencies of the executive branch intervene. Overall, the regulation...