by MCV | Nov 14, 2006 | Sin categoría
The world will soon complete almost a decade with unprecedented growth relatively well distributed across it. But this process has been associated with an impressive wealth transfer from energy lacking areas to those that have a surplus. It so happens that an energy...
by MCV | Oct 4, 2006 | Sin categoría
Increasing world economic integration is a fact, as measured in goods trade and physical and human capital movements. But it tends to be deeper in surrounding countries – as it would equivalently happen at cities or neighborhoods levels -, basically because of...
by MCV | Ago 31, 2006 | Sin categoría
For the last 12 months there has been an increasing pressure over the Federal Reserve to move into a more contractionary monetary policy than before. The basis for such a case has been the apparently low absolute values of the Fed Funds target rates being in place and...
by MCV | Jul 11, 2006 | Sin categoría
After having systematically missed development opportunities during the first 3 quarters of the XX century, being on the verge of a civil war and military conflicts with neighboring countries in the 1970´s and having a successful transition to democratic governments...
by MCV | Abr 25, 2006 | Sin categoría
In Chile, as it might possibly have happened in many other countries trying to close per capita income gaps with respect to developed countries, there have been two silent but impressive changes within the last 20 years that will have deep impacts in our economy: the...
