In recent years, reducing poverty has been a core objective of social policy in Latin America. In2008, the incidence of poverty reached almost a third of the population, of which 13 percent areclassified as extremely poor. Most Latin American countries have invested vast resources inpoverty...

The manufacturing sectors in Latin America have been more affected by the currency over/undervaluation than their counterpart in industrialized economies. From a panel data set covering 39 countries and 22 manufacturing sectors (2-digit) within 1995-2008, we formally test the hypothesis that...