Latin America is enjoying a period of extensive growth. If this trend is to continue into the coming years, the key insufficiencies that could limit total factor productivity will have to be dealt with in order to prevent bottlenecks. One of these insufficiencies is the infrastructure gap. The...

Despite the fact that China is already one of the most important economies in the world, the country has many big tasks to solve, being one of them the implementation of a comprehensive social agenda, including those related with the old-age stage and the consequently diminishing financial...

An ongoing reform in China mandates employers to contribute significant amounts to employee pension funds. The current study estimates the impact of this reform on the wage, employment and performance of firms using data from over 140,000 medium and large manufacturers in China during 2004 and...

The June 2009 issue of Migration Watch Mexico by the BBVA Bancomer Foundation and BBVA Research mentioned the importance of environmental phenomena as factors of population expulsion or attraction. Expulsion occurs when in the communities of origin the environment begins to be detrimental to the...

El desempleo juvenil en Espana es un fenomeno persistente que se ha agravado durante la crisis actual, alcanzando una magnitud tal (46,1% en 2T11) que la toma de medidas para atenuarlo no puede ser pospuesta por mas tiempo. La evidencia presentada en este documento indica que existen...

El colapso del comercio mundial que siguio a la debacle financiera de Lehman Brothers fue severo, generalizado, repentino y sincronizado. Su principal explicacion reside en la composicion del comercio internacional: los bienes de capital e intermedios, que representan el 70 % del total, son...

In this work I analyze the relevance of considering a range of elements related to the investment process to evaluate the long-term returns of Pension Funds and the possible impact of these on the replacement rates of participants in a Pension System. The analysis focuses on Mexico for three...

El presente estudio realiza un analisis del esquema de cobro de comisiones del sistema de pensiones en el Peru, y evalua el transito desde un esquema de comisiones por flujo hacia uno que se aplique sobre el saldo administrado, el cual posee varias ventajas. Entre las virtudes de este ultimo...

This paper analyzes the fees collection system in the Peruvian pension system and evaluates switching from fees on flow to fees on assets, which has several advantages. These advantages include the fact that it makes the fees that the pension company charges for the service it provides more...

We take advantage of a novel dataset that incorporates both the technological content of each product as well as its quality to unveil some new features of Brazil-China’s trade flows and to challenge the view that the emergence of China would imply the deindustrialization of...