May We Continue Informing or May We Assume the Change?

Traditional educative systems, had convert students in passive recipient, who are keeping information without any possibility to process and apply it for the solution of daily problems. General discussion between educative researchers, had been establish the necessity to change the educative strategies that have been supporting those situations, looking for an integral education of the individual in terms of the capacity to argue, to create, to innovate, to develop by him self with independence. Governments, institutions and the politics requirements, that handle the globalization and the human development based in the knowledge economy, demand changes in the pedagogical system strategies in spite of the barriers from the traditional educative system. Responding to these necessity, the Biochemistry Department belong to the Basic Sciences Institute from the Medicine Faculty in the University of Rosario, is applying a different pedagogical strategy.

Stock return comovements and integration within the Latin American integrated market

Financial integration has been pursued aggressively across the globe in the last fifty years; however, there is no conclusive evidence on the diversification gains (or losses) of such efforts. These gains (or losses) are related to the degree of comovements and synchronization among increasingly integrated global markets. We quantify the degree of comovements within the integrated Latin American market (MILA). We use dynamic correlation models to quantify comovements across securities as well as a direct integration measure. Our results show an increase in comovements when we look at the country indexes, however, the increase in the trend of correlation is previous to the institutional efforts to establish an integrated market in the region. On the other hand, when we look at sector indexes and an integration measure, we find a decreased in comovements among a representative sample of securities form the integrated market.