Números Publicados

This article analyses the micro-macro paradox hypothesis. That is, if foreign aid is effective at macro level (macroeconomic indicators) and at micro level (the projects and programmes carried out by multilateral institutions, national agencies and non-governmental organizations. The result is that there is no paradox, since recent studies reveal the effectiveness of aid at both levels: micro and macro.

The most common approaches to the limiting factors of economic growth in developing nations stress causes such as low savings rates, scarceness of human capital and the fragility of institutions which includes property rights, financial systems and the weakness of the State. This article presents a different point of view which is as follows: that the balance of payments is the main restriction to economic growth.

The paper seeks to know how the negative and positive results of sistemic change in Eastern Europe have been shared among different social levels. Who are the winners and the losers of this process and what opportunities have the most marginal groups to face up their problems. Thus, it analyses, first of all, the labor market contribution to increase inequality and the public sector capacity to correct these deviations.

The theoretical literature about the potentially positive spillovers arising from foreign direct investment underlines the existence of diverse channels through which local enterprises can benefit from the presence of foreign affiliates, contributing so to a higher economic growth.

The article outlines the main features of the French regulationist approach(especially as regards to its analysis of international economic relations) and of the Anglosaxon theories of International Political Economy (IPE), two strands of thought of particular usefulness as a result of their numerous theoretical and empirical contributions. The paper stresses the interest of the original regulationist approach and that of the heterodox branch of IPE.