Analysis of the debates about the development alternatives which occurred in the context of the 1945/46 redemocratization process and within the 1946 Constituent Assembly, as well as of performance of some of the period's most important entrepreneurial and bureaucratic leaders. Attempt to...

En Colombia la democracia ha sido el mecanismo normal para acceder al poder. Sin embargo, desde los albores de la república los enfrentamientos bélicos partidistas y los cambios constitucionales fueron una constante. Este trabajo muestra cómo en el siglo XIX en Colombia, los cambios...

This paper submits that one of the most fallacious paradigms in economic thought and policy, stemming from Ricardo, has been that of comparative advantage, as it has assumed no capital mobility whereas it has been mainly foreign direct investment that has driven global trade since World War II...

Abstract This author sheds some light on the theoretical arguments on the use of selectivity and uniformity of trade policy in trade and industrialization for targeting industries and firms and provides a brief historical review of practices of developed countries and East Asian countries with...

Prof. V.K.R.V. Rao falls in the line of great Indian leaders and scholars such as M.G. Ranade, Gandhiji, J.K. Mehta, who emphasised the human values and ethics in the discipline of economics. For him the nature and purpose of economic activity is different from what is prescribed in the...

Not all potential investors are equally discouraged by host country corruption. Some investors may actually benefit from it, especially if deception as to the true value of their investments is possible. A model is presented and tested with data for Latin America's top seven hosts and top eight...

This paper focuses on the identification of the variables determining the attractiveness of foreign direct investment in Latin America, represented by 17 countries over a period of time from 1996 to 2011. It considers variables traditionally not taken into account, such as the tax rate and...

Railways were one of the main engines of the Latin American trade boom before 1914. Railway construction often required financial support from local governments, which depended on their fiscal capacity. But since the main government revenues were trade-related, this generated a two-way feedback...

The main objective of this paper is to examine the historical importance of both the “Andean cycle” (1899-1945) and the “October cycle” (1945-1948 y 1958-1989) in order to determine the checks and balances between both of them and the new Bolivarian cycle started 1999. The paper contains...

Living in a democratic society has been internationally recognized as a basic human right. While most of the literature tries to identify the effect of democracy on economic prosperity, little work has been done to understand the determinants of economic growth under democracy. This paper...