This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard “Dutch Disease” results of appreciation are substantially weakened or even overturned depending on:...

This paper examines the fiscal policy options that were available to Latin American countries at the onset of the current global economic crisis. It concludes that most of the major countries in the region possessed the fiscal space (as measured by credible fiscal sustainability and debt...

Are workers' interests regarding working conditions adequately refelcted in workplace outcomes during the process of development? This paper spells out a framework of analysis -- based on the criteria of efficiency, justice, and well-being-- by which we might arrive ar answers to this question....