The authors analyze the Washington Consensus, which at its original formulation reflected views not only from Washington, but also from Latin America. Tracing the life of the Consensus from a Latin American perspective in terms of evolving economic development paradigms, they document the...

This paper studies the empirical links among factor endowments, trade, and personal income distribution. The motivation is that many developing countries have implemented radical trade reforms in recent years. These reforms have changed relative prices, induced a reallocation of resources, and...

The objective of this work is to assess the changes in poverty and inequality that have taken place in Latin America and the Caribbean from 1970 to 1995, with special emphasis on the 1990s. The main distinctive characteristic of the study is that rather than focusing on individual country...