Virtually all Latin American and Caribbean countries have established specialized organizations to promote their exports. Existing analyses of these organizations are at best partial and fragmentary. This paper aims at overcoming these limitations of the literature by presenting a consistent,...

This paper provides an overview of the failure of Argentina to benefit long term from export led development in the early and middle decades of the last century. Despite being well positioned to take advantage of significant breakdowns in the international economic system Argentina largely...

This paper investigates Jamaica's aggregate import demand function with the United States and the United Kingdom from January 1996 to September 2010 using co-integration analysis and error correction modeling techniques. Using real gross domestic product, relative price of imports, real foreign...

Productivity differences can explain differences in economic growth across countries. It has been demonstrated that the presence of a foreign-owned multinational enterprise (MNE) in a developing country is one of the most important methods through which technology transfer occurs. This presence...

Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product....

This paper examines how firms in an emerging economy are affected by violence due to drug trafficking. Employing rich longitudinal plant-level data covering all of Mexico from 2005–2010, and using an instrumental variable strategy that exploits plausibly exogenous spatiotemporal variation in...

This study analyses the process of economic integration in Latin America. Making use of a structural gravity model, this paper provides an ex-post assessment of the effect of the trade agreements (TAs) signed by Latin American countries on international trade. We account for the last wave of TAs...

Backgorund: Ceteris paribus, foreign trade theory predicts a strong correlation between a country's exports and economic performance measured as per capita income. Indeed there is considerable empirical support for that prediction. While there exists widespread public enthusiasm and financial...

Brazil's trade with China has expanded at a tremendous pace over the past few years. Between 1999 and 2004, its exports to China have grown by 800 percent in value terms while the value of its imports from China has more than tripled. China is now Brazil's third most important export destination...

Due to an extraordinary growth performance during the last two decades the Chilean neo-liberal model of development, based on the exploitation of the country's static comparative advantages, has turned into a benchmark for most developing countries. The aim of this paper is to discuss the long...