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The renewed movement toward regional integration in Central America has adopted for the first time a multisectoral approach in which agriculture has been included. The liberalization of regional trade in basic agricultural products and the establishment of a common protection scheme with respect to agricultural imports are the main components of the program of agricultural integration. This article...
The wave of formal legal system reforms sweeping developing countries provides only a partial solution to the problem of enforcing agreements between firms. Informal institutions govern the majority of interfirm transactions. Economic reform also necessitates changes in these institutions. This paper examines the evolution of contract enforcement in the Mexican footwear industry as trade barriers...
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