Which exact institutions constrain the resource curse and when are they successful? The resource curse literature's recent institutional turn does not provide convincing answers. This article focuses on specific institutions - resource stabilization funds (RSFs) - that, when successful, help...

Many Latin American countries are undertaking projects, in line with practices disseminated by PEB, to share school facilities with the local community, to adapt traditional schools for students with disabilities, and to collaborate with private companies to finance educational buildings. The...

The Bolivarian Schools Project is intended to respond to problems such as dropping out, educational exclusion, repetition, malnutrition, and loss of local, regional and national identity, and to the search for citizens interested in economic and social transformation.

The following pages include articles describing recent developments in three Latin American countries to expand public education facilities. They are followed by a report on UNESCO’s recent seminar on architecture for an inclusive education. Chile, Brazil and Venezuela have undertaken various...

Traditional studies of money demand for both developed and less developed countries have shown that there are periods of "missing money," that is, there is consistent overprediction of real balances. This paper uses cointegration techniques to study the effects of financial innovation on the...

Since the mid-1990s, the two regional trade agreements in South America, the southern Mercosur Pact (among Brazil, Argentina, Paraguay and Uruguay), and the northern Andean Pact (among Venezuela, Colombia, Ecuador, Bolivia, and Peru) noticeably affected certain trade patterns between the two...

Dentro de los sistemas de control de constitucionalidad que existen en el mundo, el sistema mixto de Colombia y Venezuela se configura como un modelo de justicia constitucional en sí mismo, mixto o integral, que combina el llamado sistema difuso con el sistema concentrado de control de...

This study presents an econometric estimation of the impact of several macroeconomic aggregates on the level of non-performing loans in the Venezuelan banking system. The data set consist of quarterly time series that go from the last quarter of year 1994 to the last quarter of year 2004. Based...

El trabajo responde a la experiencia profesional, recoge de manera breve y concisa el tránsito por cada una de las Misiones Educativas que se han puesto en práctica en la República Bolivariana de Venezuela, con especial énfasis en la Misión Sucre. Misiones que están al alcance de todo el...

El sector privado nacional también creó nuevas empresas. Una gran cantidad de incentivos de los gobiernos central y locales (como exenciones de impuestos y bajos precios de la tierra y los servicios públicos) ayudaron a mantener bajos los costos de producción y altas las utilidades para ser...