Marriner Eccles is often seen as an early defender of Keynesian ideas. In that respect, it is generally accepted that he considered monetary policy of secondary importance, and that as a result he allowed the Federal Reserve to be submitted to the interests of the Treasury. In this view, the...

On many measures, the indigenous movement in Ecuador has been the most successful in Latin America. This is particularly the case in political terms where they were key players until leaving the Gutiérrez cabinet. Their influence on the direction of economic policy has been minimal, however,...

Labor regulations designed to protect workers, promote workplace equality, and improve working conditions achieve social objectives and affect international competitiveness. Considering these dual outcomes has taken on added urgency as Asian economies adjust to an increase in global competition...

There is widespread discussion both within and outside Cuba concerning what direction the Cuban economy will go under its new interim president Raúl Castro. This short paper is intended to contribute two pieces of information that are needed to intelligently discuss that issue- where Cuba’s...

The United States Food and Drug Administration (FDA) required that manufacturers of enriched cereal-grain products as of January 1, 1998 fortify their products with folic acid to reduce the number of pregnancies affected a by neural tube defect (NTD). Prior to adoption of the regulation in 1996,...

Ecuador's dollarization was no marginal optimization decision. It was fundamental, dramatic and designed to completely transform central elements of the economy. Since orthodox, a-historical perspectives are inadequate in explaining such significant policy reversals, the paper uses a...

This brief gendered history of Taiwan’s and Korea’s labor markets indicates a recent reversal in the persistent gender wage gaps that were long sustained by state policies that created and reproduced surplus labor conditions. The relative decline of manufacturing employment since the...

The surge in academic work on globalization has made several of the topics dear to authors of the dependency school relevant once again. Therefore a reconsideration of dependency theory seems to be appropriate. There are at least two approaches to dependency. This paper analyzes critically their...

The relationship between the exchange rate and public debt is intermediated by two mechanisms. On the one hand, exchange rate devaluation implies higher payment on local currency over the debt denominated in foreign currency. On the other hand, the rise of public debt leads a perception of...