Latin American Economic Crises: Trade and Labour (International Economic Association Series)

This volume examines issues of economic interest faced by Latin America economies in the late Twentieth-century. The fifteen chapters deal with macroeconomic problems, financial crises, the development of trade and trade agreements and labour issues. Of particular interest are the chapters dealing with Argentina, which provide an absorbing background to the financial crisis faced today. Front Matter....Pages i-xxiii Front Matter....Pages 1-1 A Comparison of Currency Crises Between Asia and Latin America....Pages 3-23 Latin America and the External Crisis of the Second Half of the 1990s....Pages 24-39 Banking Crises in Latin America in the 1990s: Lessons from Argentina, Paraguay and Venezuela....Pages 40-57 On the Causes of the Latin American and Asian Currency Crises of the 1990s....Pages 58-80 Contagion in Emerging Markets: When Wall Street is a Carrier....Pages 81-91 Front Matter....Pages 93-93 Preferential Trade Agreements at the Turn of the Century....Pages 95-114 The Role of Sub-regional Agreements in Latin American Economic Integration....Pages 115-124 International Specialization and Trade Regimes in Argentina: 1960–99....Pages 125-148 Testing the Short- and Long-Run Exchange-Rate Effects on the Trade Balance: The Case of Colombia....Pages 149-166 External Shocks, Relative Prices and Sectoral Reallocation in a Small Open Economy: Evidence from Mexico....Pages 167-186 Exchange-Rate Movements and the Export of Brazilian Manufactures....Pages 187-198 Front Matter....Pages 199-199 The Impact of Firing Costs on Turnover and Unemployment: Evidence from Colombia....Pages 201-221 Structural Reform and the Distributional Effects of Price Changes in Argentina 1988–98....Pages 222-246 Endogenous Child Mortality, the Price of Child-specific Goods and Fertility Decisions: Evidence from Argentina....Pages 247-257 Child Labour in Peru: An Empirical Analysis and its Modelling implications....Pages 258-269 Based on the proceedings of the 12the World Congress of the Economic Association, this volume presents a broad view of issues of general economic interest that have been faced by Latin American Economies in the late 20the century. Part I deals with macroeconomic issues, and concentrates on currency and financial crises in the region throughout the 1990s. It also includes an interesting compassion of the Asian and Latin American crises and provides a background to the problems currently faced by Argentina. Part II focuses on the behaviours of external trade and trade policies, including programmes for greater regional integration. The chapters in the third and final part consider issues relating to employment and income distribution, drawing on Latin American experience to examine the design of policies and the possibility of modelling these phenomena