May 2018
Author(s): Stein, Ernesto H.; Fernandez, Andres
We develop a methodology to construct real effective exchange rates that incorporate two distinctive elements not accounted for in the traditional measures: i) competition in third markets and ii)…
Nov 2016
Author(s): Bernal, Richard L.
China has recently become the third largest source of foreign direct investment (FDI) in the world and is a major source of development aid for developing countries, including those in the Caribbean…
Dec 2015
Author(s): Demaestri, Edgardo C.; Chiara, Jimena
La constitución de un fondo soberano establecido para cubrir al Estado ante la eventual ocurrencia de determinado evento, genera obligaciones contingentes que deben ser adecuadamente identificadas y…