This paper examines the ways in which taxation, social and labour (T S & L) policies in Argentina and Chile have been shaped by state-business relations and capital-labour relations in a context where business organizations/associations have different degrees of cohesiveness through time. At the...

Conventional wisdom about the business cycle in Latin America assumes that monetary shocks cause deviations from the optimal path, and that the triggering factor in the cycle is excess credit and liquidity. Further, in this view the origin of the contraction is ultimately related to the excesses...