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This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries.


Contents include:

  • Editors' Summary (Full text)


  • "The Institutional Foundations of Public Policy" (Abstract)
    Mariano Tommasi (Universidad de San Andres, Buenos Aires)


  • "Financial Dollarization and Dedollarization" (Abstract)
    Eduardo Fernández-Arias (Inter-American Development Bank)


  • "Inflation Expectations in Latin America" (Abstract)
    Fabia A. de Carvalho (Central Bank of Brazil and University of Brasilia) and Maurício S. Bugarin (University of Brasilia)


  • "Trade Liberalization, Macroeconomic Fluctuations, and Contingent Protection in Latin America" (Abstract)
    Pablo Sanguinetti (Universidad Torcuato Di Tella, Buenos Aires) and Eduardo Bianchi (IPECI, Argentina)


  • "Early Childhood Development in Latin America and the Caribbean" (Abstract)
    Norbert Schady (World Bank)


  • "Chilean Pension Reform: Coverage Facts and Policy Alternatives" (Abstract)
    Solange Berstein, Guillermo Larraín and Francisco Pino (Superintendencia de AFP, Chile)