The ratio of skilled-to-unskilled labour stocks in the economy is widely acknowledged to have an important role for development. Can education policy affect the evolution of this ratio? This paper shows that it can: it also shows that the effect of education policy, for a given budget size,...

The configuration of new regional blocs within the framework of international trade relations has meant the incorporation of aspects linked to cooperation in negotiating association and free trade agreements. Relations between the European Union and MERCOSUR are registered in the field of...

This paper does not set out to explore the broader motives behind this new wave of regionalism. Rather, it seeks to draw on the ideas reflected in the abundant literature on the topic to describe the genesis and evolution of a specific trade bloc: the Mercado Común del Sur (mercosur).1 This...

The focus of this paper is different and is also a by-product of the globalization process. As the range of economic activities in the international economy expands, the themes that require necessary consideration in trade agreements also grow. The extension of the set of economic activities in...

This paper studies the pattern of trade specialization (PTE) of Uruguay and the dynamics that characterized it throughout the last twenty years. From a descriptive analysis of the PTE is used the methodological framework of the product space developed by Haussman et al (2007) to site Uruguay in...

The process of globalization has produced a strong transformation of the international economy in recent decades, to increase the spectrum of economic activity that is likely to be traded between countries. Technological change and other factors that affect the costs of trade have led to new...