The paper holds that the country risk premium is the triggering factor of the business cycle in a small, financially open and highly volatile economy like that of Argentina. A rise of the premium determines a capital outflow, an aggregate demand contraction and a recession; a fall of the premium determines a capital inflow, an aggregate demand expansion and a boom. We build a model where country risk plays a central role in macroeconomic equilibrium. We evaluate the empirical relationship between country risk and GDP, consumption, investment, and the current account balance.

“Este trabajo puntualiza los fundamentos de lo que, a nuestro entender, constituye una herramienta útil, novedosa e inexplorada, como es la actividad de “coaching & mentoring” en el Derecho, para establecer nexos directos entre la formación jurídica a nivel universitario y el ingreso al mercado de trabajo de la abogacía.” 

Este es un seguimiento del experimento de desarme unilateral sobre el que se informó en nuestro documento de trabajo n° 426, de julio de 2010. Después de la crisis de 2001-02, y a pesar de los altos gastos militares de sus vecinos, la Argentina acentuó una política de desarme unilateral comenzada en los ’90. El registro histórico muestra que la región es menos propensa a la guerra que Europa, Asia y África, y los sucesivos gobiernos argentinos no manifestaron preocupación respecto de la creciente disparidad en el poderío militar. 

This paper counterpoises Carlos Escudé's 1994, 1995 and 1997 treatment of anthropomorphic metaphors of the state, with Alexander Wendt's 2004 treatment of the same subject. It stresses the need for a historical memory in IR scholarship, suggesting that the lack of an epistemological equivalent to the concept of ‘discovery’ in the harder sciences may open the way for less-than-scholarly attitudes towards precedents, making the accumulation of knowledge less likely. It discusses whether or not state personhood is actually a fiction.

El tema de la responsabilidad social empresaria (RSE) ha ido adquiriendo en los últimos años una impensada difusión en el mundo corporativo que, de alguna manera parecería estar vinculado con una generalizada aceptación de una concepción de una responsabilidad corporativa ampliada hacia los llamados stakeholders. A fin de poder evaluar los reales alcances que hoy tiene la RSE en el mundo empresario sería necesario referirse a los llamados “informes sociales” presentados por las empresas.

En el presente ensayo se intenta presentar una visión diferente de T. Kuhn, habitualmente ligada a posiciones relativistas en filosofía de la ciencia. Después de reseñar sus tesis habituales (paradigma, inconmensurabilidad, puzzle solving) se intenta demostrar que sus críticas a la racionalidad eran hacia la sola racionalidad algorítmica, y que su inconmensurabilidad se trataba en realidad de resaltar que no hay hechos neutros de teoría entre un paradigma y otro. Todo esto, en diálogo con la hermenéutica continental, especialmente con Gadamer.

This paper puts forward an innovative construct called the Statute of Governance, by which a company can foster and enhance its corporate governance. The paper argues that it is not enough to list some principles of governance and a set of related good practices, as the Australian Stock Exchange has done, albeit it comprises the best available guidelines for the time being. We contend, however, that a step further should be taken, consisting of a Statute of Governance designed and passed by the Board, voted through by stockholders, and enacted by the management.

Natural language is a shared social convention that allows hearers to understand speakers. We model this using two steps. First, an encoding-decoding step where the sender transmits verbal information to the receiver. Second, an inferential step where the receiver may either believe the literal meaning of the message or disregard it in updating priors. These epistemic steps sharply restrict the beliefs that may be entertained on and off the equilibrium path. When there are credible messages, natural language is a powerful means to select equilibria.

At the time of Argentina´s greenhouse gases emissions reduction voluntary commitment, most of the articles on intensity targets had not been published. The aim of this paper is to (re)discuss briefly the proposal made by Argentina taking into account that literature. To justify the adopted target form and stringency, we compare fixed and dynamic targets in terms of the likelihood of “hot air”, the relationship between allowed emissions and GDP, the link between abatement and GDP, and outcomes´ dispersion.