InterAmerican Seminar on Economics.

• Position: Conferences

InterAmerican Seminar on Economics

The NBER's Second Annual InterAmerican Seminar on Economics, cosponsored by the Pontifica Universidade Catolica do Rio de Janeiro (PUC) and FEDESARROLLO, was held in Bogota, Colombia, on March 30-April 1. Sebastian Edwards, NBER and University of California at Los Angeles, and Edmar Bacha, PUC-Rio de Janeiro, organized the following program:

Opening Remarks: Luis Fernando Alarcon, Minister

of Finance, Colombia

Rudiger Dornbusch, NBER and MIT, and Sebastian

Edwards, "Economic Crises and the

Macroeconomics of Populism in Latin America: Lessons

from Chile and Peru" (NBER Working Paper No.

2986)

Discussants: Jose Pablo Arellano, CIEPLAN, and

Antonio Urdinola, ECLAC-Bogota

Edmar Bacha, "A Three-Gap Model of Foreign

Transfers and the GDP Growth in Developing Countries"

Discussants: Leonardo Villar, FEDESARROLLO,

and Daniel Heyman, ECLAS-Argentina

Raquel Fernandez, NBER and Boston University,

and Jacob Glazer, Boston University, "The Scope

for Collusive Behavior among Debtors in a

Model of Sovereign-Debt Renegotiation with Costly

Penalties"

Discussant: Mauricio Cabrera, former Head of Public

Credit, Colombia

Eduardo Borensztein, International Monetary Fund,

"Debt Overhang, Credit Rationing, and Investment"

Discussants: Patricia Correa, Banco de la Republica,

and Juan Jose Echavarria, FEDESARROLLO

Armando Montenegro, Advisor to the Monetary Board,

Colombia, "The Economics of a Regulated Export

Sector: Coffee in Colombia"

Discussants: Roberto Steiner, Banco de la Republica,

and Vinod Thomas, The World Bank

Edward E. Leamer, NBER and University of California

at Los Angeles, "Latin America as a Target of Trade

Barriers Erected by the Major Developed Countries

in 1983"

Discussant: Gustavo H.B. Franco, PUC-Rio de Janeiro

Jose Antonio Ocampo, FEDESARROLLO, "Import

Controls, Prices, and Economic Activity in

Colombia"

Discussants: Anne O. Krueger, NBER and Duke

University, and Ricardo Chica, FEDESARROLLO and

Universidad de los Andes

Salvador Valdes, Universidad Catolica de Chile,

"Export Drawbacks and Vertical Control"

Discussant: Alicia Puyana, CRESET

Aaron Tornell, Columbia University, "Real versus

Financial Investment: Can Tobin Taxes Eliminate

the Irreversibility Distortion?"

Discussant: Andres Velasco, Columbia University

Winston Fritsch and Gustavo H.B. Franco, PUC-Rio

de Janeiro, "Direct Foreign Investment and

Industrial Restructuring in Brazil"

Discussant: Astrid Martinez, Universidad Nacional

de Colombia

J. Saul Lizondo, Universidad de Tucuman, Argentina,

and Peter Montiel, International Monetary Fund,

"Dynamics of Devaluation and Equivalent Fiscal

Policies for a Small Country with Optimizing Agents"

Discussants: Manuel Ramirez, Universidad...