En vista de la limitiacion de los recursos nacionales y de la restriccion del acceso a los mercados internacionales de capital, gran parte de las nuevas inversiones en America Latina tendra que llegar por la via de la inversion extranjera directa o de la repatriacion de capitales fugados. Por lo...

The Great Recession that started in 2008 has drawn constant comparisons with the Great Depression that unfolded in 1929. This paper documents how the response of policy makers in the current episode has been markedly different from the one observed in the 1920s and 1930s and to what extent this...