1 Abr 1999, 00:00 - 14 Oct 2025, 08:31
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Abstract This paper reviews the current controversy on the reform of the international financial architecture. The paper first identifies some basic assumptions that must be taken into account in any meaningful reform. Then it identifies basic areas of consensus among different analysts: the need to maintain expansionary policies in industrialized countries as long as the current uncertainty prevails; to develop adequate contingency financing for countries in difficulties; to improve the institutional framework in which financial markets operate; to create appropriate mechanisms to internalize…
1 Nov 1999, 00:00 - 14 Oct 2025, 08:31
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Publicación
Abstract This paper has analyzed the changes in the distribution of income in Colombia since 1976 using data for urban economy (seven largest metropolitan areas) and for the manufacturing sector. Evidence is shown that the structural reforms that took place in the early 1990s have been related to higher income concentration in Colombia, where levels of inequality were already impressively high. The results suggest that both trade liberalization and skill complementary technological change have a positive impact on skill premiums. The evidence presented suggests that skill complementary technol…
1 Oct 1999, 00:00 - 14 Oct 2025, 08:31
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Publicación
Abstract This paper argues that the agenda for international financial reform must be broadened in at least two senses. First of all, it should go beyond the issues of financial prevention and resolution, to those associated with development finance for poor and small countries, and to the ownership of economic and development policies by countries. Secondly, it should consider, in a systematic fashion, not only the role of world institutions but also of regional arrangements and the explicit definition of areas where national autonomy should be maintained. These issues should be tabled in a r…
18 Oct 1999, 00:00 - 14 Oct 2025, 08:22
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Introduction
With its programme of assistance to the Caribbean, the Economic Commission for Latin
America and the Caribbean (ECLAC); Subregional Headquarters for the Caribbean has prepared
these economic profiles for 26 independent and non-independent countries of the Caribbean
subregion. These countries are: Anguilla, Antigua and Barbuda, Aruba, the Bahamas,
Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominica,
Dominican Republic, Grenada, Guyana, Jamaica, Haiti, Montserrat, Netherlands Antilles,
Puerto Rico, St. Kitts and Nevis, Saint Lucia, St. Vincent and the G…
30 Nov 1999, 00:00 - 14 Oct 2025, 08:31
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Publicación
Summary Following the World Summit for Social Development steps were taken by the entire United Nations system to support national governments in their efforts to implement the agenda of the Summit. This document assesses developments in health, education, crime and violence, drugs and migration five years after the Summit.…
1 Jun 1999, 00:00 - 14 Oct 2025, 08:31
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Publicación
Introduction Globalization can be defined in terms of the internationalization of production [Goode, 1998, p.125], or in terms of the internationalization of markets [Lloyd, 1998, p. 163]. The former recognizes the fact that even relatively minor products are frequently found to be made with components from several countries. The latter, on the other hand, recognizes that the cross border flows of the products themselves have increased tremendously over the last two decades. This is particularly true in the case of international financial services. This report examines the globalizati…