El presente modelo proporciona una explicacion al fenomeno de que la apertura comercial esta asociada a menores diferencias de ingresos en paises del Sudeste Asiatico y a mayor desigualdad en America Latina. Se muestra que las exportaciones de los paises latinoamericanos consisten en materias...

This paper examines capital controls in two ways. First, it assesses whether capital controls have an economic justification within the context of an economyâ  s and, in particular, its financial sectorâ  s stage of development. It concludes that capital controls can be justified...

This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions tend to trade preferentially with distant markets. One of the reasons cited for the limited...