Author/Editor: V Hugo Juan-Ramon, Emiliano Basco, Carlos Quarracino, Adolfo Barajas.

Release Date:February, 2006

The simple answer to both questions in the title of this paper is: No. We concentrate on the three main risk elements that contributed to the banking system’s difficulties during the more...

Author/Editor: Enzo Croce, V Hugo Juan-Ramon, Feng Zhu.

Release Date:June, 2004

We study the performance of the four Western Hemisphere trading blocs during the period 1978-2001. For the North American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; more...

Author/Editor: Enzo Croce, V Hugo Juan-Ramon.

Release Date:July, 2003

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence more...

Author/Editor: V Hugo Juan-Ramon, Ruby Randall, Oral Williams.

Release Date:August, 2001

Private foreign banks dominate the banking system although their market share declined in the 1990s while that of private indigenous banks increased. The banking system was not concentrated either more...

Author/Editor: V Hugo Juan-Ramon, Luis Rivera-Batiz.

Release Date:August, 1996

This paper finds convergence of real per capita GDP in Mexico’s states and regions during the period of higher average national per capita growth (1970-85), and divergence during the more...

Author/Editor: Dominique Yves Dupont, V Hugo Juan-Ramon.

Release Date:April, 1996

This paper examines the relations between fluctuations in real exchange rates among the major currencies and fluctuations in real commodity prices. Increased exchange rate volatility calls for a more...

Author/Editor: V Hugo Juan-Ramon, Carlos M Asilis.

Release Date:July, 1994

Reforming economies have typically placed little attention on the impact of illegal activities on the success of reform/stabilization packages and optimal policy design. This paper aims at developing more...