This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries. Contents: Editors' Summary In Search of the Missing Resource Curse, By Daniel Lederman and William F. Maloney The Political Economy of Oil Production in Latin America, By Osmel Manzano and Francisco Monaldi Output Volatility and Openness to Trade: A Reassessment, By Eduardo A. Cavallo The Impact of Globalization on the Poor in Latin America, By Erik Thorbecke and Machiko Nissanke On the Determinants and Implications of School Choice: Semi-Structural Simulations for Chile, By Francisco A. Gallego and Andres E. Hernando, reviewing a previous edition or volume
Eduwardo Engel is a professor of Economics at Yale University. Francisco Ferreira is the Deputy Regional Chief Economist for Latin America and the Caribbean at the World Bank. He has published widely in the fields of poverty, inequality, and the political economy of development, with a focus on Latin America. Roberto Rigobon is currently the Society of Sloan Fellows Professor of Applied Economics at the Sloan School of Management, MIT; a research associate of the National Bureau of Economic Research; and a visiting professor at IESA.