This paper seeks to explore aspects of a possible scenario of parallel 'trade blocs' using a computable general equilibrium (CGE) model to estimate the effects of an East Asian 'trade bloc' and the FTAA on each other, and on the rest of the world.

This paper tries to untangle the causes behind the recent real exchange rate overshooting events with particular attention paid to the Sudden Stop of capital flows, and also to the comparison across the two emerging markets, Asian and Latin America. We examine whether the sudden stop of capital...

We analyze empirically whether the emergence of China as a large recipient of FDI has affected the amount of FDI received by Latin American countries.

The paper looks at the relative importance of reforms in different regions and corresponding trade performance.

This paper compares the experience of growth performance and macroeconomic adjustment between East Asia and Latin America from 1970 to 2000.

This book analyzes the role of trade as a central pillar of the structural reform process and a bridge to capturing the dynamic development forces of an increasingly globalized world economy.

This paper formed part of a Conference "Mercosur: In Search of a New Agenda"; held in the Getulio Vargas Foundation in Rio de Janeiro in June 2003. The purpose of the Conference was to was to examine future directions for Mercosur in light of emerging political dynamics pointing to renewed...