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On the emergence and significance of local economic development strategies
(CAF, 2009)
This paper examines to what extent local and regional economic development strategies (LED) are becoming a necessary and viable complement to traditional development strategies in a world that has been radically changed ...
Local economic development. Some cities develop more than others: specialization, human capital and institutions
(CAF, 2009)
Why does a certain metropolitan area grow more than another? The answer to this question has evaded much of the considerable body of scholarship on the topic. One problem may be that some of the frameworks that drive ...
The impact of financial repression on interest rate spreads in Venezuela
(CAF, 2009)
This paper empirically examines the effect of financial repression on interest rates spreads in Venezuela. In order to have a measure of financial repression, we built an index that captures the opportunity cost of regulatory ...
Trade liberalization, economic integration and regional disparities
(CAF, 2009)
What is the impact of trade liberalization and economic integration on the geographical distribution of economic activities? To address this question the present paper proposes a conceptual framework based on recent ...