Although science has unlocked the secrets of the human genome, the causes of social and economic development remain stubbornly enigmatic. Why do some countries adopt new technologies more readily than others? Why does income inequality persist in some regions--even in the face of rapid economic...

This overview of the first 40 years of the Inter-American Development Bank shows that the main source of financing for development in Latin America and the Caribbean has been an innovative and flexible institution.Abstract: Esta es una reseña de los primeros 40 años de actividad del Banco...

Policymakers in Latin America increasingly are turning to policies that have high economic rates of return and a favorable impact on income distribution. By providing financial services to small businesses and poor households -which normally lack such services- credit unions help secure growth...

This book addresses questions of international trade policy and the relationship between growth, distribution, and human resource development in the Latin American region.Abstract: Este libro presenta un análisis de cuestiones sobre comercio internacional y la relación entre crecimiento,...

El autor del ensayo, luego de destacar la falacia de la convergencia interregionalque postula la ortodoxia neoclásica, aborda el análisis de la conveniencia de formularuna política pública regional no sectorial, inclinándose por una Política Regionalde Desarrollo (PRD), en contraste con...

[ES] El objetivo de este artículo es analizar el papel que desempeñan las innovaciones en la actividad económica. En este sentido, se muestra la relación que existe entre innovaciones y crecimiento económico, como objetivo esencial actual de la política económica para reducir el desempleo...

Promotion of foreign direct investment (FDI) has been a priority policy goal in Central America, Panama and Dominican Republic for the past twenty years. Fiscal benefits are among the policies that have been used to attract it. At first sight the model followed has been fruitful. In 2013 the...

This work finds that FDI affects negativelly economic growth. This outcome is grounded on a demand-sided growth model which includes the shrinkage effect of foreing firms surpluses repatriation. Although, in one first stage FDI contributes to alleviate the financial shortage, in the long run it...

Human development, understood as a long-term synergism between technological, physiological and cultural improvements, is a decisive, long-term factor of economic growth. However, it is characterized by intergenerational traps that slow down economic growth. This characterization is useful to...