The credit market is a typical one where the problem of asymmetric information exists. This raise two problems: one drawn by the impossibility to control all the borrowers' actions that could affect their capacity (insolvency ...

The research is about the behavior of private saving in the Peruvian economy and its fundamentals in last half century. On the neoclassical model of growth and some assumptions about the parameters, the authors find that ...

The objective of the Free Trade Area of the Americas (FTAA) is to unite the thirty four economies of the Hemisphere into a single market. The negotiations are supposed to be completed by the year 2005. Though year 2000 is ...

Asia-Pacific Economic Cooperation (APEC) was established in 1989 in response to the growing interdependence among Asia-Pacific economies. APEC begun as an informal dialogue group, however, it has become the primary regional ...

The aim of this paper is to analyze the technical efficiency of the companies that operated on the electric power distribution sector in Peru from 1995 to 1998. For this purpose we will employ Data Envelopment Analysis ...

Partiendo de la teoría neoclásica del crecimiento, este trabajo explora si los beneficios del crecimiento experimentado por el Perú, en los primeros años de la década de los noventa, llegarán a sentirse en toda la población. ...

Not a few people believe that the lack of debate and negotiation is in favor of the economic growth, because it permits the application of economic measures without taking into account the interests of certain pressure ...

This article tries to renew the debate on a particular period in the economic history of Peru and emphasizes on some historiographic errors on its understanding. More specifically, it points that between 1888 and 1892 the ...

This paper examines sorne of the experiences in information and knowledge sharing involving MERCOSUR firms and the role of government in ensuring their success. The analysis of technological collaborations suggested that ...

The presence of spanish companies in Latin America became a phenomenon of important economic and social consequences in the 1990s. Three fourths of the capital invested by Spanish firms occurred in banking, energy and ...