Der Diskussionsbeitrag ermittelt anhand verschiedener Indikatoren den aus neoklassischer Sicht vorhandenen Bedarf der südamerikanischen Staaten für Mindestlohnreformen und stellt ihn den tatsächlich in die Praxis umgesetzten Reformen gegenüber. Das erste Ergebnis des Papieres ist, dass mit...

The slave trades out of Africa represent one of the most significant forced migration experiences in history. In this paper, I illustrate their long-term consequences on contemporaneous socio-economic outcomes, drawing from my own previous work on the topic and from an extensive review of the...

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...

The currency crisis in Brazil and its adverse effects on neighboring countries are widely perceived to be short-lived phenomena. However, optimists—stressing favorable growth and investment prospects in Latin America—tend to ignore home-made causes of Brazil's crisis and -underrate the risks...

The globalized Western culture of innovation, as propagated by major aid institutions, does not necessarily lead to empowerment or improvement of the well-being of the stakeholders. On the contrary, it often blocks viable indigenous innovation cultures. In African societies and African Diasporas...

This paper aims to evaluate the profile of Brazilian trade structure in recent years through a methodology that seeks to assess the relative quality of trade. The paper not only evaluates the quality of Brazilian total exports, but also the exports to ALADI, a region where traditionally...

This study presents first a brief overview of the efforts towards creating a free trade area in Latin America (Chapter II); it then reviews the developments of preferential trade policies since the foundation of ALADI in 1980 (Chapter III) as well as the development and patterns of preferential...

The relationship between firms and inequality has been a focus of recent attention globally. This chapter summarizes basic facts about this relationship for Latin America. Unlike advanced economies where superstar firm growth has prompted concerns over disproportionate income growth at the top,...

Das traditionelle Bild Lateinamerikas als Krisenregion scheint sich auch nach der Corona-Krise fortzuschreiben, nunmehr im Zeichen der Folgen des Ukraine-Krieges und der Sanktionsmaßnahmen des Westens. Inflationsdruck, Budgetdefizite und die Gefahr eines Abrutschens breiter Kreise der...