This paper examines different explanations - initial conditions, openness to trade and FDI, and institutions - of the Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading or incomplete. Even when correctly articulated,...

Abstract Both Mexico and China have started export orientation in some industries, through assembly operations, based on imported inputs a couple of decades ago. The literature on industrialization, has discussed the questions of import substitutions and outward-orientation mainly as alternative...

Franchising in Cuba, as in other frontier markets, is fraught with challenges. Before beginning, prudent franchisors should engage experienced attorneys on both sides of the equation, at home and in Cuba. One can expect to encounter many of the same issues frequently found in any international...

Development of IT/e-business is a centerpiece of renewed economic growth in most countries of East Asia. This paper considers the challenges for policy focusing on the acquisition of knowledge and its utilization. While many countries in East Asia are well along the way toward upgraded...

Last century political class found out how difficult it was for a country like Colombia with such geographical obstacles and incipient technological developments available to conclude a viable and integrated transport network. Juan Bernardo Elbers a wealthy Danish migrant compromised his...

The political class at the turn of the century opposed to the creation of a Central Bank, responding to the argument that government credit control should not surpass what they considered a rational action. Onwards and not exempted of bloodshed the parties' political proposal included the...

The Colombian economy experienced during the first two decades of the present century a stage of rapid economic growth. The export sector encouraged by the coffee industry increased also domestic activity up to a point where aggregated demand traduced into the creation of a whole national...

The foundation of the National Federation of Coffee Growers of Colombia was inspired on the dearest principles of the defense of grower's income. Also to improve the efficient allocation of economic surplus, and to promote welfare and economic growth. With its institutional help and savings the...

The Colombian political economy during the upsurge of the economic cycle of 1975-80 attempted to curtail repercussions that affected coffee export's income distribution particularly as adjusting mechanisms contemplated to equilibrate the whole economy price level. From the conventional economic...