The growing and changing middle class in Latin America: an update / Rolando Franco, Martín Hopenhayn and Arturo León .-- Wage inequality in Latin America: a decade of changes / Dante Contreras and Sebastián Gallegos .-- Latin America: financial systems and financing of investment. Diagnostics and proposals / Luis Felipe Jiménez and Sandra Manuelito .-- The “China effect” on commodity prices and Latin American export earnings / Rhys Jenkins .-- Latin America: variability and persistence in commodity prices / Omar D. Bello, Fernando Cantú and Rodrigo Heresi .-- Bahamas and Barbados: empirical evidence of interest rate pass-through / Daniel O. Boamah, Mahalia N. Jackman and Nlandu Mamingi .-- MERCOSUR as an export platform for the automotive industry / Valeria Arza .-- Positional inconsistency: a new concept in social stratification / Kathya Araujo and Danilo Martuccelli .-- The Brazilian sugar and alcohol sector: evolution, productive chain and innovations / Eduardo Strachman and Gustavo Milan Pupin .-- Brazil: an empirical study on fiscal policy transmission / Tito Belchior Silva Moreira ..- Guidelines for contributors to cepal Review 207.