Se propone que el Banco Central de la República Argentina (BCRA), usando al Banco Nación como agente, provea una herramienta financiera a los productores agrícolas en la cual les ofrezca una tasa de interés comprensibles en términos físicos y relativos al valor de la producción...

Se propone que el Banco Central de la República Argentina (BCRA), usando al Banco Nación como agente, provea una herramienta financiera a los productores agrícolas en la cual les ofrezca una tasa de interés comprensibles en términos físicos y relativos al valor de la producción...

The aim of this article is to examine the effectiveness of economic policies based on neoclassical principles which have been implemented in most of Latin American countries since the eighties. Since then, the region has been losing relative importance in the world. The lag in the last “four...

We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...

The urgent need for higher levels of productivity and competitiveness to meet the demands of the domestic and international market, poses serious challenges to productive and educational systems of the department of Santander, Colombia. It follows from the results obtained in the two sectors;...

A conflict of Ricardian type is arised. Landowners produce exportable salary-goods and consume imported luxury goods. Small industrialists produce non-tradable manufactures with sunk costs by importing capital goods. Employees consume exportable goods and non-tradable manufactures. Quantities...

Colombia sera probablemente uno de los últimos países de la región en adoptar un esquema de tasa de cambio nominal fijo: se trata de una economía cerrada, afectada por shocks asimétricos de producto y política económica, y no muy integrada con la economía de los Estados Unidos. El nivel...

By mean of a comparison on the way Mexico and Thailand have driven their foreign policies along their histories, convergence and divergence are found out. Until the seventies. it is not yet possible to notice a convergence between both actors' foreign policies. From that moment on, we can see...

Based on a standard set of factors pointed out by the literature we analyze the recent and rapid accumulation of international reserves in Venezuela. Among other things, we characterize the Venezuelan case and conduct a statistical analysis using a quarterly time series model between 1996 and...

English Abstract: The reaction of growth to trade liberalization has varied considerably across countries, with most countries gaining, but others being adversely affected by trade liberalization. Therefore, this study sought to examine the relationship between trade liberalization and economic...