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exports within a framework of trade openness. Based on the trade gravity model, we examine the effect of governance on the … evolution of Colombian exports through an econometric approach that identifies, on the one hand, the influence of institutional … quality and the rule of law variables in the performance of Colombian exports in relation to other variables included in the …
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Over the last two centuries in Latin America a Washington Consensus development strategy based on integration in the global trading system has dominated both domestic demand management and industrialization from within.ʺ This paper assesses the performance of each from the point of view of the...
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Over the last two centuries in Latin America a Washington Consensus development strategy based on integration in the global trading system has dominated both domestic demand management and industrialization "from within." This paper assesses the performance of each from the point of view of the...
Persistent link: https://www.econbiz.de/10014218436
This paper examines the effects of trade liberalization on industrial development in Latin America. It suggests that there may be a tradeoff between static (X-efficiency, allocative efficiency) and dynamic efficiency effects, in particular, for countries that do not have a developed industrial...
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