Growth, disequilibrium and disparities: interpretation of the process of economic development

Includes bibliography

Economic growth in Latin America in the late 20th century: evidence and interpretation

Includes bibliography

Jamaica: Economic policy and economic performance in the 1972-1980 period: an interpretation

Includes bibliography

The practical interpretation and application of the polluter pays principle

Revisa brevemente la teoría que hay detrás de las dos interpretaciones del principio contaminador-pagador, para comentar las implicaciones de éstas en la política ambiental, y considerar en qué medida este principio es aplicado en la práctica.

Latin American economic growth in the late twentieth century: evidence and interpretation

Includes bibliography

Macroprudential policy: an institutionalist interpretation

One of the consequences of the recent international economic crisis has been the demand for new economic policy tools, to add to the well-established monetary, exchange-rate, and fiscal policy mechanisms. In particular, more effective ways are needed to regulate the financial system and prevent the emergence of imbalances that affect the real economy. In that context, macroprudential policy has been singled out as another economic-type public policy which could help maintain financial stability. Nonetheless, the discussions and development of the literature on this topic are founded on pragmatic considerations that are not directly related to the orthodox or heterodox schools of economic thought. So the aim of this article is to provide an institutionalist reading of macroprudential policy, to understand it in terms of the theoretical content of institutional approaches.