This article concerns Mexico's industrial policy and economic performance, focusing on an analysis of the structural changes associated with NAFTA that have occurred in the country's manufacturing sector. The purpose of the article is to improve our understanding of why the post-NAFTA evolution...

Between 1998 and 2002 Mexico was host to an intense debate over dollarization. This paper examines the conjunctural factors which led to the emergence of this debate, reviews the main participants in the debate and their arguments, and discusses why the debate ended. We further argue that the...

There is a longstanding tradition of analyzing trade and growth in economics, going back to the discipline's founders. But for Latin America, the debate on the significance of this relationship has had much more than academic relevance. It has been one of the central components of the different...

ResumenEn el presente documento se realiza un análisis de la contribución de las universidades públicas en el desarrollo económico de América Latina, al identificar los canales que inciden en la innovación y puedan éstos ayudar a robustecer la competitividad internacional de la estructura...

En este documento se examina la evolución de las economías de América Latina en 1990–2011, con el fin de identificar avances, pendientes y retrocesos asociados a las reformas de mercado que se aplicaron, en línea con el Consenso de Washington, y a las políticas económicas que le...

Introduction Since the mid-1980s the Mexican economy has undergone a process of deep economic reform designed to shift away from the more inward-oriented development model that Mexico had followed until then. The main purpose of these reforms was to privilege market mechanisms in economic...

In this paper we explore trade finance as a transmission channel of adverse shocks to Central America. We analyze data on trade and trade finance flows, and show that they largely follow the same pattern in the region. A contraction of trade finance supply to Central America will affect trade...

Through the astute analysis of official statistics, we can gather a more complete picture of the economic performance of a given country, and understand more fully what have been its drivers, leading to a more effective use of national resources and a more efficient design of policy options....