Números Publicados

In this paper we study the convergence between countries for the period 1950-2009. The approach develops a comparative perspective between the β-convergence model unconditional –classic and with recognition of spatial dependence– and the approach suggested by Quah. The results on the convergence period vary with the method used. However, the main difference is on the countries for which found convergence.

The paper presents the European financial market convergence progress evolution and the effects that, on the financial integration the crisis has done. The main topic studied is the relevance of beta coefficient designed by the European Central Bank. The differential evolution of the integration of the sovereign bond market and the performance of the debt spreads as risk indicators has appeared in a strong version in the present environment.

The international global crisis represents the worst economic collapse since The Great Depression of the 1930s. Initially called the subprime crisis, in reference to the problems occurred in the US mortgage market, it became a systemic global crisis. Although it has become known as a financial crisis, it surely goes beyond that.

In general, we assume the potential of tourism as an engine of economic development. In fact, international financial institutions finance the implementation of tourism projects in order to contribute to the economic development of less advanced countries and thereby achieve their goals of reducing poverty and improving the quality of life of people. However, the reality is that many of these projects do not reach expectations.

This article carries out an analysis on the existence and characteristics of technological innovation clusters on 57 economies worldwide, and explores if differences in competitiveness among these economies can be explained by their belonging to a group or cluster.For that purpose, we have conducted an empirical study based on  technological innovation indicators included in  the Global Competitiveness Report (GCR) 2009-2010 (WEF, 2009) and in the Competitiveness Index published by the Intern

The significant increase in foreign investment in the African extractive sector in the last decade has refuelled the debate on the effects on development of the rents generated in this sector. From the resource curse theory, it is argued that the negative effects pf these rents on development rents have to do basically with internal disfunctions, getting around the elements and external actors that shape and influence these internal features.