The European Network of Economic Policy Research Institutes (ENEPRI) brings together twenty-four leading national economic policy research institutes from most of the EU-27 countries. The goals of the network are to foster the international diffusion of existing research, co-ordinate research...

ResumenEl presente artículo establece que para sostener el nivel de deuda pública observado en el año 2003 se debe generar un superávit primario del 0.31% cifra que es ampliamente superada por las expectativas (2.4%). Luego se realizan algunos ejercicios de simulación para determinar a...

Paul Krugman’s new book offers an analysis of the current crisis and cogent proposals for economic policy. Keynes’ approach is enriched with ideas drawn from economists such as Fisher, Kalecki and Minsky, and the book provides a con- vincing interpretation of the macroeconomic issues. The...

To understand the issues raised by the recent global crisis, IMF organized a conference on March 7-8, 2011, around six themes: monetary policy, fiscal policy, financial intermediation and regulation, capital account management, growth strategies, and the international monetary system. The...

After Smith’s statement of the market virtues the process of gestation of economic policy as a consistent set of rules for public agenda has been rather slow. Until not so long ago economic policy as a discipline was confined to prescribing practical rules intended to explain technical...

Le processus de la mondialisation, ses paradoxes et ses enjeux, ont revitalisé les polémiques autour du statut et du rôle de l’Etat et les ont posées avec une grande acuité dans la littérature et les discours politico-économiques. Tandis que certains y voient une récusation des...

The objective of this article is to present the economic theory of capital controls, that is, the theoretical arguments that favor the introduction of capital controls. In this setting we will argue that economic theory have three main arguments for the introduction of capital controls: to...

The present paper treats about the genesis of the social policies in the 90´s decade. Through a short analysis of the economic policy in the period it is observed the extreme importance attributed by the government to the stabilization of the economy. The performance centered on macroeconomic...

This paper analyzes the relationship between economic growth and research funding. The econometric analysis show that gross domestic expenditure on R&D (GERD) as percentage of GDP is a important driver of economic growth (R2 adj = 71%) that is measured by GDP per capita. The optimization shows...