At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countri
The literature on knowledge diffusion shows that it decays strongly with distance.
The paper presents and estimates a model of the prices of oil and other storable commodities, a model that can be characterized as reflecting the carry trade.
America today continues to confront a competitiveness challenge of too few jobs and too little economic growth.
In mid-1994, Rudiger Dornbusch and Alejandro Werner warned that Mexico was heading into a crisis. Few academic papers have been so prescient.
This paper explores the impact of past and future growth in the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (PRC), and India — the ACI countries — on aggregate welfa
This paper explores the impact of past and future growth in the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (PRC), and India—the ACI countries—on aggregate welfare,
President Obama’s recent decision to negotiate broad new free-trade agreements with Europe and several nations in the Pacific has revived the usual objections at home first heard two decades ago with
In 1963, US President John F. Kennedy said that "a rising tide lifts all the boats.
There is a surge of interest in the implications of global value chains.
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