On the basis of detailed statistical surveys conducted in five Latin American countries, this essay demonstrates that actual practice in the region contrasts strongly with legal norms for the minimum age at which children can be employed and the age of completion of compulsory education. As well...

The 2003 Energy review,contains information about the 2003 energy situation of each of our member countries, regional data, as well as economic and social indicators corrected and extended through historical series. It presents and innovative structure for analysis that allows the reader to...

Highly volatile exchange rates don't come cheap in economies with large liability dollarization ratios. Therefore, central banks do not follow a unique objective of price stability but its preferences include an implicit exchange rate objective. This gives us reasons to believe that the Peruvian...

In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

(English) How has poverty changed during the 1997-99 period, when the Peruvian economic performance deteriorated seriously under the negative impact of the international financial crisis? The answer to this question has traditionally relied on cross-section comparisons of poverty indicators. In...