(Disponible en idioma inglés únicamente) Las últimas crisis financieras y contagios recientes hacen cuestionar lo acertado de la apertura de la cuenta de capital. Existe el consenso de que hay algo pésimamente malo con la manera en que funcionan los mercados financieros en el caso de los...

The debate on the effectiveness of foreign aid has intensified in recent years as aid has come under increasing budgetary pressures in donor countries. Whatever the merits of the opposing arguments, the fundamental issue arises of whether conventionally-used measures of aid such as ODA, which...

(Disponible en idioma inglés únicamente) La discusión sobre la eficacia de la asistencia externa se ha intensificado en los últimos años, en la medida en que la asistencia ha venido experimentando cada vez más presiones presupuestarias en los países donantes. Independientemente de los...

This paper examines the implications of a North-South trade accord where investments in the Southern partner nation exhibit country risk. Our analysis demonstrates that North-South trade accords can serve as credibility-enhancing mechanisms that induce additional foreign capital inflows into...

Although since 1974, under pressure of the new trends in the world economy, public financing began gradually to lose its relative importance for Latin American countries, there seems to persist an obvious demand for bodies such as the Inter-American Development Bank. In the author's view, the...