Calculations of marginal welfare effects suggest that agricultural development has had important positive affects on national welfare, especially is developing countries. Latin American and Caribbean (LAC) countries have also benefited from agricultural growth, but non-agricultural production...

SMEs pay more for credits than large firms, their loans tend to be granted against collateral and on short repayment terms, and many are redlined. These practices have usually been interpreted as financial-market imperfections that discriminate against SMEs. We argue that they are responses to...

This study analyzes the characteristics and the results of programs promoting technological consortiums in Argentina, Chile, Colombia and Uruguay. These programs are aimed to facilitate the interaction between businesses and institutions dedicated to the production of science and technology. The...