Hidden behind a number of economic crises in the mid- to late 1990s-including Argentina's headline-grabbing monetary and political upheaval-is that fact that Latin American economies have, generally speaking, improved dramatically in recent years. Their success has been due, in large part, to...

The discussion of foreign ownership in Canada frequently refers to a conventional view that foreign-owned firms are larger, more capital-intensive, pay higher wages and are more efficient. Evidence for these characterizations has unfortunately come from comparisons of partial productivity...

The authors present an investigation, through empirical analysis, of manufacturing pricing in Chile, Israel, and South Korea during periods of trade liberalization. Given different experiences in each country, it looks at how manufacturing pricing rules change during the liberalization process....