Information and communication technologies (ICT) are spreading fast across Latin America and the Caribbean. This trend has brought about important economic and social changes, which have largely gone unmeasured until recently. Here, analysts from the United Nations Economic Commission for Latin...

Este artigo apresenta uma metodologia de estimação dos fluxos de investimento em nível setorial para o Brasil, entre 2000 e 2009, por meio de matrizes de absorção de investimento (MAIs). Foram estimadas MAIs para a economia como um todo e segundo a origem dos produtos (nacional ou...

This paper aims to provide empirical evidence about the relative positions of European Union member states on innovation and, more specifically, on innovation in manufacturing. These positions were obtained from the aggregation of different innovation variables using the principal component...

In order to discuss the ‘rational foundation’ of certain aspects of Quesnay´s theory we use a simple formalization of the necessary connections between assumptions about the techniques in use, the distribution of income between the classes and sectors, the system of relative prices. We...

The Brazilian economy grew by 4.2 percent annually from 2004-2010, more than double its annual growth from 1999-2003 or indeed its growth rate over the prior quarter century. This growth was accompanied by a significant reduction in poverty and extreme poverty, especially after 2005, as well as...

This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...