Durante varias décadas, la economía colombiana ha exhibido el más alto grado de estabilidad macroeconómica en América Latina. A diferencia de hipótesis que han tratado de explicar este comportamiento con base en factores exclusivamente colombianos, este artículo aumenta que una...

La difícil situación por la que atraviesa Bolivia desde inicios del milenio, caracterizada por una confrontación de dos visiones de país y de futuro casi irreconciliables, es el resultado de dos fenómenos: Por una parte, un sistema político que ha sido incapaz de crear un espacio de...

El aparato teórico de la macroeconomía está referido a una nación, no a provincias o regiones de su interior. De tal manera, el producto bruto geográfico (PBG), o la balanzade pagos, por ejemplo, no suelen ser calculados con regularidad, o directamente no son calculados en absoluto por las...

The process of economic reform and trade liberalization in Latin America and the Caribbean, under way since the end of the 1980s, has brought about an increasing integration of the countries in the region into the world economy, both in terms of commercial and investment flows. At the same time,...

The Central American Common Market (CACM) comprises Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, the signatories of the General Treaty on Economic Integration in 1960. The basic pattern of economic integration in Central America was based on a free trade area, with a common...

The concept of public good, as defined by Musgrave, Samuelson, and others, was also largely a nationally based concept. As in the classic case of defense spending, the public good was assumed to benefit the population of a country; however, because of two technical characteristics (mainly the...

Latin American and Caribbean countries are today at an important juncture in their international economic relations. Since the end of the 1980s the countries of the region have been pursuing a process of economic reform and opening that has brought about a radical change in their domestic...

Economic growth in the Caribbean Community (CARICOM) has been slow in the last two decades, averaging just 1.8 percent a year, compared to annual growth of 3.5 percent in the world economy and 4.3 percent in developing countries. Growth has varied considerably among CARICOM¿s 15 member states,...

En la agenda externa los países andinos han realizado los avances más significativos, sobre todo por los logros alcanzados con sus principales contrapartes económicas y políticas. Las gestiones andinas contribuyeron a que EE.UU. aprobara el Acta de Promoción Comercial y Erradicación de la...

The process of economic reform and trade liberalization in Latin America and the Caribbean, under way since the end of the 1980s, has brought about an increasing integration of the countries in the region into the world economy, both in terms of commercial and investment flows. At the same time,...