There is a broad consensus that macroeconomic “fundamentals” are a most relevant variable to enhance economic development. However, there is wide misunderstanding about (i) which are the “sound macroeconomic fundamentals", ...

For most developing countries, open regionalism has emerged as quite a sensible response to the undergoing turbulent and asymmetric process of economic globalization. Moreover, the successful experience of the countries ...

We analyze Argentina's macroeconomic policy and performance between 2003 and 2013. The period began with a rapid recovery following the 2001-02 crisis. Recovery then turned into strong and sustained growth. By late 2011, ...

This document analyzes the interactions between macroeconomic regimes, employment generation and the dynamics of labor incomes in Argentina under two different macroeconomic regimes: the currency board regime of the 1990s ...

This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this ...

Hubert Escaith is Director of Statistics and Economic Projections Division, ECLAC. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily ...

This paper presents a macroeconomic outlook of Brazil at the end of 2014 and an analysis of the main challenges to its macroeconomic policy in the subsequent years. On one side, the analysis is focused on the relationship ...