The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...

The banking panic that began in 2008 in the United States quickly had effects on the money market in Mexico. The article describes the main events within the paradigm of the banking panic. The development of substitutes of money in Mexico parallels the phenomenon in the United States. Although...

This paper studies recent economic and political developments in Mexico and the potential role of blockchain technology in improving governance and fighting corruption in the country. Mexico badly needs innovative solutions to fight the persistent problems of corruption and inefficient...

In this paper we examine the impact of inflation on financial development in Brazil. The data available permit us to cover the eventful period between 1985 and 2002 and the results - based initially on time series and then on panel time series data and analysis, and robust for different...

We examine in this paper the impact that financial development had on earnings inequality in Brazil in the 1980s and 1990s. The empirical evidence presented - based initially on time series, and then on panel time series and panel data and analysis - shows that broader access to financial and...

We examine in this paper how macroeconomic performance, mainly in the role of high and volatile rates of inflation, affected earnings inequality in the 1980s and early 1990s in Brazil. The empirical evidence presented shows that the extreme inflation, combined with the incomplete indexation...

The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects...

This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have evolved over time. In comparison with other regions, Latin America has consistently exhibited higher macroeconomic volatility, lower openness, and higher income inequality,...

The collapse of the Cuban economy following the cessation of Soviet assistance gave way to a strong recovery in 1994-96. There are three possible explanations for this recovery: (i) that it never took place; (ii) that it reflected a surge in productivity resulting from stabilization and...

This research study summarises the effects of corruption in Brazil and its effects on the economic growth of the country, both on the governmental and corporate level. By making use of the theoretical approach of Pak Hung Mo and his model of the economic growth which takes into consideration...