Economia: Spring 2005 (Economia: Journal of the Latin American & Caribbean Economic Association)

This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers to share high-quality research directly applied to policy issues within and among those countries. Cover......Page 1 Title Page......Page 2 Contents......Page 4 Editor's Summary (Velasco)......Page 8 The Electoral Consequences of the Washington Consensus (Lora and Olivera)......Page 16 Rules of Origin in Preferential Trading Arrangements: Is All Well with the Spaghetti Bowl in the Americas? (Estevadeordal and Suominen)......Page 78 Reforming Bank Capital Requirements: Implications of Basel II for Latin American Countries (Majnoni and Powell)......Page 120 The Economics of TransMilenio, a Mass Transit System for Bogotá (Echeverry, Ibánez, Moya, and Hillón)......Page 166 What Happens to Wages after Displacement? (Kaplan, Martínez González, and Robertson)......Page 212