Números Publicados

This paper lies within the discussion on which regulatory framework would be the best to guarantee a real positive contribution from the foreign direct investment (FDI). A comparison between the effects of the different regulatory frameworks applied in Bolivian hydrocarbons sector is presented.

According to transition strategy carried out by China in its economic reform process, the opening to the foreign investment has developed in a gradual and experimental way. This gradual liberalization, which began in 1979 with the creation of the first Special Economic Zones, was considerably stressed from 2001 due to the commitments of opening and liberalization that China had to assume to entry into the World Trade Organization.

This paper examines the co-movement and causality between self-employment and paid-employment cycles in the EU-12 countries using annual data spanning the years 1983 to 2008. Using different strategies, the causality and correlations at different horizons are used to analyze the dynamics in the paid-employment-self-employment relationship.

The aim of this paper is twofold. First, we explore the key role played by inflation differentials and the obstacles they pose to the consolidation of EMU. Second, we address the question of how the absence of a centralized European budget results in increased vulnerability of the Euro zone. Additionally, and based on the results of our analysis, we evaluate the future prospects of the euro area, focusing on the major threats it is exposed as well as to possible ways to deal with them.