Since the beginning of the 1990s almost all Latin American countries have begun to change their strategies from protectionism to free trade. Historically, plans for regional economic integration have a long tradition on this continent, but attempts to bring them to fruition have failed time and...

In the wake of the global liberalization of financial and currency markets in the 1970s and 1980s, currency substitution has given rise to increasing policy concern. In developing countries, this phenomenon mainly results from the flight out of the domestic currency as a reaction to...

Nach Ansicht der knapp 500 Experten in über 60 Ländern hat sich die internationale Wirtschaftslage im ersten Quartal 1992 weiter verschlechtert. Im Gegensatz zur letzten Umfrage, die im Januar 1992 stattfand, rechnete die Mehrzahl der Befragten jedoch zuletzt mit einer Verbesserung der Lage in...