This paper examines current industrialization in the two regions from a comparative perspective.

This paper explores the competitive threat posed by People's Republic of China (PRC) to Latin America and Caribbean (LAC). It focuses on the impact of PRC's rise as a major exporter of manufactures, but it also considers bilateral trade between LAC and PRC.

Microfinance institutions (MFIs) are often seen by aid practitioners as a manifestly effective means of improving the position of the poor. Despite this widely held view, detailed research studies have been much more guarded about the impact of MFIs. In particular, several studies have raised...