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Argentina?s economic crisis can be explained from the basis of its structural contradiction: foreign currency proceeds from economic sectors and activities which are independent and even antagonic with domestic market di...

The economic and social thinking of Latin America was enriched by the Latin American Development School(LDS). That is the name given in this essay to the contributions from distinguished social scientists who, during fif...

Capital accumulation can modify the relative productivity between skilled and unskilled workers, thus leading to changes in the wage structure. In particular, if capital goods are relatively more complementary to skilled...

Most practitioners add the country risk to the discount rate when valuing projects in Emerging Markets. In addition to the problems already pointed out in the literature, in this paper we claim that such practice leads t...

The agricultural sector of many countries shows increasing farm size with corresponding decrease in farm numbers. Despite abundant research, the determinants of these changes have not been clearly identified. This paper ...

Whereas traditional explanations of differences in long-run paths of development across the Americas generally point to the significance of differences in national heritage or religion, we highlight the relevance of star...

The paper demonstrates that two relatively unknown features of the employment cycle in U.S. manufacturing industries can provide a clue to understanding the role of sectorial shocks in the evolution of aggregate employme...