This paper was presented at the First Conference of the Americas, held by the Organization of American States in Washington on 6 March 1998. Great social inequality has long been a frustrating feature ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...

Surges of foreign investment into developing countries can amplify economic stress and potentially undermine their financial stability. New evidence suggests that excessive foreign capital inflows can ...