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This paper examines the extent to which China's entry into the World Trade Organization (WTO) in 2001 and subsequent surge in global exports affected the composition of trade between the United States and Mexico through 2009. The authors found that China's entry had a significant impact on the tr...
La experiencia de la crisis económica mundial indujo a los países en desarrollo a intensificar la diversificación de las fuentes de crecimiento buscando modelos alternativos de desenvolvimiento económico. La expansión del comercio Sur-Sur se fue afianzando en esta búsqueda. Pero ¿cuán prometedora...
The role of the People’s Republic of China in the world economy has grown substantially in recent decades, turning it into a strategic foreign trading partner for much of Latin America. Bilateral trade between the region and China totalled US$ 120 billion in 2009. This study analyses the income e...
Monetary regimes and labour institutions: an alternative interpretation of the downward trend in exchange-rate pass-through in peripheral countries / Martín Cherkasky and Martín Abeles . -- Models of the developmental state / Luiz Carlos Bresser-Pereira .-- The development of venture capital in L...
Commodities represent the lion’s share of Colombia’s exports, and the terms of trade are directly determined by the prices of these commodities, making a detailed analysis of this variable’s impacts on the country’s economy essential. This paper examines the effects of terms-of-trade shocks on ou...
This paper explores the impact of the terms of trade on output fluctuations in Colombia, a developing country where as much as 62% of export earnings come from just four commodities: oil (42%), coal (14%), coffee (5%), and nickel (1%). This research was prompted by: the particular role of short-r...
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