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The embedded-agency approach to bank regulation: the case of Latin America
(Centro de Investigación y Docencia Económicas, División de Estudios Internacionales, 2011)
This working paper examines how and why four Latin American democracies —Argentina, Brazil, Chile and Mexico— have regulated commercial banks in the past three decades. The objective is to explain variation across countries ...
Trade openness and the channels of its impact on democracy: an empirical analysis in Latin America
(Centro de Investigación y Docencia Económicas, División de Estudios Internacionales, 2011)
Does stronger integration in world trade affect levels of democracy? Using a
system of simultaneous equations in a panel of 23 Latin American countries
between 1970 and 1999, this paper assesses the possible channels ...