Resumen: esta investigación proporciona una vía para la evaluación del impacto de corto plazo que la crisis financiera y económica internacional, transmitida esencialmente a través del canal comercial, puede tener sobre la economía colombiana. Para el efecto se emplea un modelo del sector...

Resumen: El objetivo de esta investigación es proporcionar una aproximación a los efectos de la crisis sobre la economía colombiana y a la efectividad de la respuesta de política implementada por el gobierno. Para este propósito, los efectos de los canales de transmisión de la crisis y de...

This paper attempts to assess the incremental external financing requirements occasioned by changes in world food prices, due to implementation of the Uruguay Round Agreement on Agriculture, for a sample of 57 developing countries. Based on estimates of changes in food prices due to the Round...

We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This underperformance has been due to both policy-related variables—relatively high tariff and non-tariff...

Regional integration could be turned into a basic factor for economic growth if combined with a strong economic-development-oriented governmental strategy. The effects of regional integration can be maximized for countries stressing open trade as opposed to creating trade-diverting conditions,...