Ports are a crucial element in any Free Trade Agreement because of their role in moving goods. Unfortunately, the port situation in Central America was not considered during Free Trade Agreement negotiations with the United States (CAFTA). Although CAFTA is intended to provide benefits for...

Aunque la motivación del Tratado de Libre Comercio entre Estados Unidos y Centroamérica (CAFTA) con Estados Unidos es generar beneficios para los exportadores e importadores, es probable que los elevados costos portuarios en la región incidan negativamente en esos beneficios. Los costos...

Ports are a crucial element in any Free Trade Agreement because of their role in moving goods. Unfortunately, the port situation in Central America was not considered during Free Trade Agreement negotiations with the United States (CAFTA). Although CAFTA is intended to provide benefits for...

This paper analyzes political economy determinants of exchange rate policy in Brazil over the past thirty years. Two complementary methodologies are used. The first consists of investigating the exchange rate policy historical context over this period. Thus, part of the paper is dedicated to an...

This paper analyzes econometrically how a country`s post-crisis debt ratio could be forecast, in the aftermath of a debt crisis, from the previous debt-to-GDP ratio. A critical parameter is simply the debt-to-PPP-GDP ratio, where PPP-GDP is, in current international dollars, the Summers-Heston...

The use of income distribution indicators in the economics literature has increased considerably in recent years. This work relies on household surveys from 18 LAC countries to take a step back from the use of these indicators, and explore what`s behind the numbers, and what information they...

This report shows evidence on determinants of health status for urban adults and their effects on productivity. Accurate estimation of the effect of health on wages is always difficult to obtain due to endogeneity and measurement error of the health indicators that are available in household...

The dynamic commons problem arises when different groups in society engage in intense redistributive activity as a result of an export boom. This paper analyzes the role that institutions play in ameliorating that problem in the case of coffee and oil in Colombia. The paper presents a model that...

(Disponible en idioma inglés únicamente) En este trabajo se procura entender por qué los actores políticos, las instituciones y las reformas legales han dejado sistemáticamente de generar cooperación en el proceso de diseño de políticas de Ecuador. Desde un punto de vista comparativo e...

Poverty is present in all modern societies. Even in the richest countries in the world, few would disagree that some individuals have unacceptably low living standards. [1] How to address this problem, however, is still unclear. Recently, an old debate has been revived: is the solution to...