The macroeconomics of the Latin American economic boom / José Antonio Ocampo .-- The sustainability of monetary sterilization policies / Roberto Frenkel .-- Public expenditure in Latin America: trends and key policy issues / Benedict Clements, Christopher Faircloth and Marijn Verhoeven .-- Inequality, institutions and progress: a debate between history and the present / José Antonio Alonso .-- Latin America meets China and India: prospects and challenges for trade and investment / Osvaldo Rosales and Mikio Kuwayama .-- Is the phasing out of the Agreement on Textiles and Clothing eroding competitiveness in Central America and the Dominican Republic? / René A. Hernández .-- The comparative advantage fallacy and a rule for convergence / Esteban Pérez Caldentey and Anesa Ali .-- A boom in a heterogeneous economy. Peru 2002-2006 / Norberto E. García .-- Pluriactivity and family farming in Brazil: the case of Rio Grande do Sul / Flávio Sacco dos Anjos and Nádia Velleda Caldas