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This paper investigates the ways in which foreign direct investment (FDI) has really affected economic growth in Mexico. Considering that special efforts have been made to rely on an outward industrialisation strategy, w...

The 1990s emerging-markets crises were characterized by sudden reversals in inflows of foreign capital followed by unusually large declines in current account deficits, private expenditures, production, and prices of non...

This paper presents a model designed to study the dynamic response of the economy under a fixed peg to the dollar to an international (and exogenous) real appreciation of the dollar, when there is wage and price stickine...

This paper examines the impact of national and foreign trade reforms on poverty in Argentina. National reforms include the removal of Argentine import tariffs. Foreign reforms include the elimination of agricultural subs...