Purpose – The purpose of this paper is to analyse the relationship between infrastructure and total factor productivity (TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The authors hypothesise that an increase in...

This article summarizes the principal findings of the studies on institutions and development as they refer to the Dominican case study, in the context of the Project Institutions and Development in Latin America, which is directed by Alejandro Portes of the University of Princeton. The project...

The lesson from abundant history is that, despite decades of constructive innovations in international loan and bond contracts involving sovereign financial obligations, lawyers, bankers, analysts and investors are best advised to operate under no illusions: Sovereigns are indeed sovereign. To...

In this paper, we evaluate the impact of research grants on the amount of collaboration, among scientific researchers in Argentina. We find a positive and significant impact of funding on collaboration, which is measured in terms of the number of co-authors for publications in peer-reviewed...

Conventional wisdom states that fiscal policy redistributes little in Latin America. Lower tax revenues and – above all – lower and less progressive transfers have been identified as the main cause. Existing studies show that, while in Europe the distribution of all transfers combined (cash...

This paper is devoted to examining the scope, outcomes and shortcomings of reforms aimed at introducing competition in the production, transport, distribution and retail segments of the gas industry. The experiences of Argentina, Colombia and Mexico are used as examples. The paper includes the...

Conventional wisdom states that fiscal policy redistributes little in Latin America. Lower tax revenues and, above all, lower and less progressive transfers have been identified as the main cause. Existing studies show that, while in Europe the distribution of all transfers combined (cash and...

In this paper, we evaluate the impact of research grants on the amount of collaboration, among scientific researchers in Argentina. We find a positive and significant impact of funding on collaboration, which is measured in terms of the number of co-authors for publications in peer-reviewed...

Summary Efforts to explain corruption have increased dramatically in recent years. The interest stems from the increasing weight economists assign to corruption when explaining economic growth. A great deal of the research focuses on how political institutions influence perceptions of...