From hard-peg to hard landing?: recent experiences of Argentina and Ecuador

Includes bibliography

Globalizing talent and human capital: implications for developing countries

Includes bibliography

Savings, investment and growth in the global age: analytical and policy issues

Includes bibliography

The Latin American development problem

Includes bibliography

A virtual contradiction between international migration and human rights

Includes bibliography

Structural reforms, macroeconomic fluctuations and income distribution in Brazil

Includes bibliography

European integration and Latin American trade

Includes bibliography

Neoliberal reforms and macroeconomic policy in Peru

Includes bibliography

Bahamas and Barbados: empirical evidence of interest rate pass-through

Includes bibliography

The political economy of regional grants in Peru

Includes bibliography

Development of national statistical systems and the responsibilities of national statistical offices

Includes bibliography

Capital flows to Latin America: third quarter 2003

Includes bibliography

A virtual contradiction between international migration and human rights

Abstract If there is a geographical area that will be particularly affected by the tragedy of September 11, that will be the international borders of the United States. It is understandable that a country that enters in a state of war after been attacked with enormous losses, reacts by closing its international borders. Such immediate reaction has now been substituted by a more strict control over everything that crosses the border but, a fact remains, the border life is not going to be what it used to before September 11. In the short run, everything that crosses the border has slowed down by new controls. In the long run many things will return to what it was before that Tuesday, but for a long while, life at the border will not be the same. An intense interaction of more than twelve million people from the two sides of the U.S.-Mexico border have made us live in many instances as if the border does not exist. This is the case among many of us in the way we practice our family life. For the planning of weddings, birthdays, reunions, ceremonies, the border is more virtual than real. This is reversed as we get more serious in what it means to the space where institutions, the laws and the governments reminds us that there is a line that marks the beginning and the end of two different nations.

Macroeconomics for development in Latin America and the Caribbean: Some new considerations on countercyclicality

Includes bibliography.

Expectations and industrial output in Uruguay: Sectoral interdependence and common trends

This paper examines the interdependence between expectations and growth by analysing Uruguayan manufacturing industry, divided for the purpose into four industry groupings differentiated by trade participation and production specialization. The study shows that there is a long-run relationship between industrialists' expectations and output growth in each grouping. In the most trade-oriented groupings the relationship is one of predetermination, showing how useful expectations are as a guide to sectoral growth. Expectations in the four industrial groupings are shown to follow a common long-run trend, identified with the one guiding the export grouping. Impulse-response simulations derived from a multisectoral vector autoregression (VAR) model confirm the important role of the industries most exposed to international competition in spreading shorter-term shocks.