In this paper I examine whether a society can improve welfare by imposing a legal restriction to forbid the use of nominal bonds as a means of payments for goods. To do so, I integrate a microfounded model of money with the framework of limited participation. While the asset market is Walrasian,...

This paper examines export diversification in Ecuador in the cases of fresh cut flowers, canned tuna, palm heart, broccoli and mangoes, using the theoretical framework on "pioneers" and "discoveries" developed by Hausmann and Rodrik(2003), as well as work by Sánchez and Butler (2006) on export...

Purpose: The purpose of this paper is to describe and analyze a teleconsultation modality based on a simple telephone call, using either landline or mobile phone, made available to more than two million people. Telecommunication systems are an increasingly common feature in modern healthcare....

This paper examines export diversification in Ecuador in the cases of fresh cut flowers, canned tuna, palm heart, broccoli and mangoes, using the theoretical framework on “pioneers” and “discoveries” developed by Hausmann and Rodrik(2003), as well as work by Sánchez and Butler (2006) on...

Wealth and violence: untangling a complex relationship -- Historical evolution of political and economic monopolies in Mexico, antiquity to the 1980s -- The onset and entrenchment of misplaced monopolies in Mexico's political economy, 1980s to 2006 -- Looking in vain for exits from misplaced...

Cover -- Contents -- Acknowledgments -- INTRODUCTION. Institutions, Interests, and Ideas in Explaining Regime Change -- 1 Financial Shocks, Economic Crises, and Democracy: Theory and Practice -- PART I. GREAT DEPRESSION, 1929-34 -- 2 Economic Crisis and Democracy during the Great Depression -- 3...

This document describes the evolution of defense, justice and security spending and criminality in Colombia since 1950. It presents some considerations about its efficiency and analyzes some pertinent indicators. Also it proposes some policies that the authors believe are useful to increase...

The criminality rate in Colombia (crime/population) grew rapidly between the middle seventies and eighties, since then it had shown a declination, but the country still observes high indices of criminality, mostly in homicides and kidnapping. In a similar way defense, security and justice...