Welcome to the web page of Jaime Ros

 

 
 
 
 
 
 
 
 
 

I am currently Professor of Economics at the University of Notre Dame and Faculty Fellow at the Helen Kellogg Institute of International Studies.

My main research interests are development economics and growth theory, open economy macroeconomics and the stabilization and adjustment problems in Mexico and other Latin American countries.

Office Address:    O319 Hesburgh Center
                                University of Notre Dame
                                Notre Dame, Indiana 46556

Contact information:   Tel:  (219) 631-7009
                                    Fax: (219) 631-6717

E mail address:         Ros.1@nd.edu
 

For more details about my career, research and publications click on the list below:

* Curriculum Vitae or Curriculum Vitae.pdf

* My new book: Development Theory and the Economics of Growth or  Development Theory and the Economics of Growth.pdf

* My research
 

[Updated: October 4, 2000]
 




 
 
 

    Research and Publications:

        Books  --- My new book Development Theory and the Economics of Growth forthcoming in University of Michigan Press, available in July,
                                             Abstract
                                             Table of contents
                                              You can place an order at University of Michigan Press, Amazon.com and Barnes&Noble.com

        Books and monographs

        Articles in journals

        Chapters in edited books

        Other publications
 
 
 
 
 

    Back to beginning
 



 
 
 
 

CURRICULUM VITAE

JAIME ROS BOSCH

Birth date and place:              April 10, 1950, Mexico City

Current address:                    Kellogg Institute for International Studies
                                              O319 Hesburgh Center
                                              University of Notre Dame, Notre Dame, IN  46556

Home address:                       16960 Colony Dr.
                                               South Bend, IN  46635

Higher education:
                                            Diploma in Economics, University of Cambridge, England, 1977ñ78.
                                                Dissertation: Pricing in the Mexican Manufacturing Sector
                                            M.A. Program in Economics, National Autonomous University of Mexico (UNAM), 1972ñ74.
                                            B.A. in Social Sciences, University of Paris XII, 1969ñ71 (scholarship from the French Government).
 

Professional Experience

Current position:         Professor of Economics and Faculty Fellow of the Kellogg Institute for International Studies, University of Notre Dame.

Teaching:

Associate Professor of Economics and Faculty Fellow of the Kellogg Institute for International Studies, University of Notre Dame, 1990-1994; M.A. Program in Economics at the Centro de Investigación y Docencia Económicas (CIDE), Mexico City, 1974ñ85; Faculty of Economics of the National Autonomous University of Mexico (UNAM), Mexico City, 1973ñ74; Faculty of Economics of the Universidad Anahuac, Mexico City, 1971ñ72.

Research/Administrative:

Senior Economist, Secretariat of the South Commission, Geneva, May 1988-July 1990. Professor and Senior researcher at CIDE, 1974ñ87. Editor of ìEconomía Mexicanaî at CIDE,1979ñ85. Director of the Department of Economics at CIDE, Mexico City, 1978ñ85.

Visiting Scholar:

Visiting (chaired) professorship at the Faculty of Economics, National University of Mexico, Summer 1995 and 1996; Kellogg Institute for International Studies, University of Notre Dame, January-May 1988; UN World Institute for Development Economics Research (WIDER), Helsinki, Finland, May-July 1987; St. Anthonyís College, University of Oxford, June-July 1985; Department of Applied Economics, University of Cambridge, 1981ñ82 (on sabbatical leave).

Consultant:

Ministry of Finance, Government of Colombia,1996; Inter-American Development Bank, 1993; International Labour Office, 1991 and 1997, United Nations University, 1985ñ90; Instituto Latinoamericano de Estudios Transnacionales (ILET), Mexico City, 1985ñ87; United Nations Economic Commission for Latin America, 1985ñ86; Vice Ministry of Industrial Planning, Mexico, 1983ñ84.

Other:

Member of the Executive Committee of the Latin American and Caribbean Economic Association (LACEA).
Member of the editorial committees of the following academic journals: Economía Mexicana, Nueva Epoca, CIDE (since 1990), Mexico; Investigación Económica, UNAM, México (1990-96); Momento Economico, Mexico; Political Economy, Italy (1985-1990); El Trimestre Económico, FCE, México, (1985ñ88);  Revista Española de Economía, Spain, (1984 ñ88). Member of the Mexican Academy of Political Economy.
 
 


 

Publications (includes forthcoming):
 

Books
 

Development Theory and the Economics of Growth, University of Michigan Press, forthcoming (May 2000)
Economic integration in the Western Hemisphere: Issues and prospects for Latin America. Co-editor and co-author with Roberto Bouzas, University of Notre Dame Press,1994.
La edad de plomo del desarrollo latinoamericano (Latin American Development. A leaden age), Fondo de Cultura Económica, Mexico City, 1993 (editor and co-author)
La organización industrial en México, Siglo XXI,  México, 1990 (co-author).
MODEM: un modelo macroeconómico para México, CIDE, 1984, México, (editor and author of several chapters).
 


 

Monographs
 

Mexico's economic reforms in the eighties: the effects of government policies on the incentives to invest, enterprise behavior and employment. ILO monograph. 1991.

Stabilization and adjustment policies and programmes.  Country study.  Mexico.  World Institute for Development Economics Research, Helsinki, 1987 (co-author with N. Lustig).
 


 

Articles in journals
 

Employment, structural adjustment and sustainable growth in Mexico, forthcoming, Journal of Development Studies

Dynamic effects of trade liberalization and currency overvaluation under conditions of increasing returns,The Manchester School, vol. 66 n. 4, September 1998 (with Peter Skott)

Reforma estructural, estabilización económica y "el síndrome mexicano", in Desarrollo Económico, vol. 37, No. 148, Enero-Marzo, pp: 503-531. 1998 (with Nora Lustig) (in English: Structural reform, economic stabilization and the 'Mexican disease").

Terms of trade and uneven development, CEPAL Review 50th anniversary issue 1998.

The 'big push' in an open economy with non-tradable inputs, Journal of Post-Keynesian Economics, Fall 1997, vol. 20, n. 1 (with Peter Skott)

Prospects for Growth and the Environment in Mexico in the 1990s, World Development, vol. 24 n. 2, February 1996 (with N. Lustig, J. Draisma and A. Ten Kate)

Mercados financieros, flujos de capital y tipo de cambio en México, Economía Mexicana, CIDE, vol. IV, n.1,1995

La Crisis de México y sus Implicaciones,América Latina/Internacional, vol.2, n.1, 1995

La Crisis Mexicana y la Reforma de la Política Macroeconómico, Pensamiento Iberoamericano, vol. 27, Enero-Junio 1995

Beneficios comerciales y movilidad de capital: Estudios recientes sobre las consecuencias del TLC, Comercio Exterior, vol. 44, n. 6, June 1994

NAFTA: Free Trade Area or Common Capital Market?, Journal of Interamerican Studies and World Affairs, Summer 1992. A revised version was published in A. H. Moss, Jr. (ed.), Assessments of the North American Free Trade Agreement, University of Miami, 1993.

Mexicoís trade and industrialization policies in the 1980s: a preliminary assessment, Bangladesh Journal of Development Studies, 1992.

La reforma del régimen comercial en México durante los años ochenta: sus efectos económicos y dimensiones políticas, in Coyuntura Económica, Colombia, Vol. XXII, n. 3, Oct. 1992. (Trade policy reform in México, economic and political dimensions).

La movilidad del capital y la eficacia de la política con una corrida del crédito, in El Trimestre Económico, n. 231, vol. LVIII (3), July-Sept. 1991 (Capital mobility and policy effectiveness under a credit run).

Desarrollo económico y segmentación del mercado de trabajo en México, in El Trimestre Económico, n. 226, vol. LVII (2), April-June 1990, (in collaboration with Carlos Marquez). (Labor market segmentation and economic development in Mexico.)

Crisis financiera, políticas de ajuste y sus efectos en la agricultura mexicana, Revista de la CEPAL, 1988, Santiago de Chile (with G. Rodriguez).  (Financial crisis, adjustment policies and their effects on Mexican agriculture). Cepal Review, 1988.

Crecimiento económico y especialización en el comercio internacional,Estudios Económicos,  No. 3, 1987, El Colegio de México.  (Patterns of trade specialization and economic growth).

Trade, growth and the pattern of specialization,Political Economy, Volume 2, No. 1, 1986, Italy.  Revised version in K. Bharadwaj and B. Schefold (eds.)  Essays on Piero Sraffa, Unwin Hyman Ltd., 1989. A revised version was published in Spanish (see above).

Mexico's stabilization and adjustment policies, Labour and Society, 1986

Ahorro y balanza de pagos:  un análisis de las restricciones al crecimiento económico de México, Economía Mexicana,  No. 7, CIDE, 1986, Mexico (in collaboration with J. Casar and G. Rodriguez).  (Savings and balance of payments constraints on Mexicoís economic growth).

Problemas estructurales de la industrialización en México, Investigación Económica,  No. 166, UNAM, 1984, Mexico, (in collaboration with J. Casar).  (Structural problems of Mexicoís industrial development).

Trade and capital accumulation in a process of import substitution, Cambridge Journal of Economics, Vol. 7, 1983, (in collaboration with J. Casar).

Pricing in the Mexican manufacturing sector, Cambridge Journal of Economics, Vol. 4, 1980.

The Mexican economy: recent evolution and perspectives, in Cambridge Journal of Economics Vol. 4, 1980, U.K. (co-author);  published  in Spanish in R. Cordera (ed.)  Desarrollo y crisis de la economía mexicana 1981, FCE, Mexico, and reprinted in Información Económica Española 1980, Madrid, Spain.

Industrialización y comercio exterior, 1950ñ77, Economía Mexicana  No. 2, CIDE, 1980, Mexico, (in collaboration with A. Vázquez).  (Industrialization and foreign trade in Mexico, 1950ñ77).

La desaceleración de la expansión industrial en los setenta, Investigación Económica, Vol. XXXVIII, UNAM, 1980, Mexico.  (The industrial growth slowdown in the seventies.)

La evolución reciente y las perspectivas de la economía mexicana, Economía Mexicana Nos. 1 to 6 (1979 to 1984).  Yearly review of the Mexican economy published by the Department of Economics at CIDE, Mexico, (Nos. 2, 4, and 6 in collaboration with J. Casar).  No. 5 was published in Portuguese in Revista de Economía Política  Vol. 4, 1984, Brazil.

Inflación:  la experiencia de la presente década, Economía Mexicana  No. 1, CIDE, 1979, Mexico.  Reprinted in N. Lustig (ed.) Panorama y Perspectivas de la Economía Mexicana, El Colegio de Mexico, 1980, Mexico.  (Inflation:  the experience of the present decade).

La hipótesis de precios normales y su aplicación al sector manufacturero, Economía Mexicana  No. 1, CIDE, 1979, Mexico, (with J. Casar, M. Dehesa and A. Vázquez).  (The normal price hypothesis and its application to the manufacturing sector.)
 
 


 

Chapters in edited books
 

Inequality and development: the development country experiences, prepared for a book edited by Amitava Dutt and Ken Jameson, forthcoming University of Notre Dame Press.

Balance of payments liberalization with volatile capital inflows, in a book edited by Lance Taylor, forthcoming Oxford University Press

Economic Reform under volatile capital inflows (with Nora Lustig) for a LASA book on Social Justice edited by Susan Eckstein, forthcoming.

Economic reforms, stabilization policies, and the 'Mexican disease', in Lance Taylor (ed,), After Neoliberalism, University of Michigan Press, 1999 (with Nora Lustig)

Inflaçao e estabilizaçao da economia mexicana (Inflation and stabilization in the Mexican economy) in IPEA/CEPAL, O Plano Real e Outras Experiencias Internacionais de estabilizaçao, IPEA/CEPAL, 1997

Trade liberalization with real appreciation and slow growth: sustainability issues in Mexicoís trade policy reform, in G. K. Helleiner (ed.), Manufacturing for export in the developing world: problems and possibilities, Routledge, 1995

Mexico's trade and industrialization experience since 1960.  A reconsideration of past policies and assessment of current reforms, in Gerry Helleiner (ed.), Trade Policy and Industrialization in Turbulent Times, Routledge, 1994.

Foreign exchange and fiscal constraints on growth: a reconsideration of structuralist and macroeconomic approaches, in A. Dutt (ed.), New Directions in Analytical Political Economy, Edward Elgar, 1994.

Financial markets and capital flows in Mexico, in J. A. Ocampo and R. Steiner (eds.), Foreign capital in Latin America, Interamerican Development Bank-John Hopkins University Press, 1994. Spanish version published by Fedesarrollo-BID.

On the political economy of Market and State reform in Mexico, in W. Smith , C. Acuña, and E. Gamarra (eds.), Democracy, Markets and Structural Reforms in Latin America, North-South Center, 1994.

Market reform and the changing role of the State in Mexico: a historical perspective (with Juan Carlos Moreno), in A. Dutt, K. Kim and A. Singh (eds.), The State, Markets, and Development, Edward Elgar, 1994.

Mexico in the 1990s: a new economic miracle? Some notes on the economic and policy legacy of the 1980s, in M.L. Cook, K.J. Middlebrook and J. Molinar (eds.), The Politics of Economic Restructuring in Mexico, Center for US-Mexican Studies,1994. Spanish edition published by Cal y Arena, Mexico City, 1996.

The development crisis of the 1980s, in G. Vaggi (ed.), The debt and beyond. North-South relationships, development policies and the role of international agencies, Macmillan, 1993.

Mexico: Medium term development and perspectives, in L. Taylor (ed.), The Rocky Road to Reform: Income Distribution, Politics, and Adjustment in the Developing World, MIT Press, 1993 (with N. Lustig).

Capital mobility and policy effectiveness under a credit run.  The Mexican economy in the 1980ís, in T. Banuri and J. Schor (eds.), Financial Openness and National Autonomy, Macmillan, Clarendon Press, Oxford, 1992.

Apertura externa y restructuración económica en México, in J. Vial (ed.) ¿Adonde va America Latina? Balance de las Reformas Económicas, CIEPLAN, Santiago, Chile, 1992.

Mexico from the oil boom to the debt crisis: an analysis of policy responses to external shocks, 1978ñ85, in R. Thorp and L. Whitehead (eds.)  Latin American Debt and the Adjustment Crisis, Macmillan, U.K., 1987.  Spanish edition by Siglo XXI, Colombia (1986).

La economía y la política macroeconómica durante el auge petrolero, in R. Cordera and C. Tello (eds.), Petróleo y Crisis, Siglo XXI 1986, Mexico.  (The Mexican economy and macroeconomic policy during the oil boom.)

El proceso inflacionario en los setenta y la política anti-inflacionaria, in A. Ize y G. Vera La inflación en Mexico, El Colegio de Mexico, 1985, México.  (Inflation and counter-inflation policies in Mexico in the seventies.)

La crisis económica:  characterísticas generales, in P. González Casanova (ed.).  La Crisis en México, Siglo XXI, 1985, México, (Mexicoís economic crisis:  general features.)

La desigualdad en la incorporación y difusión de progreso técnico, in R. Cordera y C. Tello, La desigualdad en México, Siglo XXI, 1984, Mexico. (Inequalities in the process of incorporation and diffusion of technical progress in Mexico.)

Crisis económica y política de estabilización, Investigación Económica Vol. XLIII, 1984, UNAM, México.  (Economic crisis and Stabilization Policy in Mexico.)

Descripción del sistema de ecuaciones y simulaciones históricas, in J. Ros (ed.)  MODEM: un modelo macroeconómico para México, CIDE, 1984, México.  (with G. Aceituno, D. Loyola, J. Mattar and S. Marván)  (A macroeconomic model of the Mexican economy and historical simulations.)

Propiedades analíticas del modelo, in J. Ros (ed.) op. cit.  (Analytical properties of a macroeconomic model of the Mexican economy.)

Definición de las variables y métodos de construcción de las series históricas, in J. Ros (ed). op. cit.  (with G. Aceituno and S. Marván).  (Variables and historical data of a macroeconomic model of the Mexican economy.)

Propiedades dinámicas del modelo:  algunos ejercicios de simulación, in J. Ros (ed.)  op. cit.  (with S. Marván).  (Dynamic properties of a macroeconomic model of the Mexican economy:  some exercises in simulation.)
 


 
 

Other publications
 

Comment on Openness and Equity by Jim Stanford, in D. Baker et al. (eds), Globalization and Economic Policy, Cambridge Press, 1998.

Growth and international trade, in The New Palgrave, Macmillan, 1987, U.K.

Debt-export ratios, in The New Palgrave Dictionary of Money and Finance, Macmillan, 1992.

Mexico's monetary and financial system, in The New Palgrave Dictionary of Money and  Finance, Macmillan,1992.

Comment on S. Edwards, Trade and Industrial Reform in Latin America, in A. Lara-Resende (ed.), Policies for Growth. The Latin American Experience, IMF, 1995

Comment on Weintraub, "NAFTA and Industry" in N. Lustig, B.P. Bosworth and R.Z. Lawrence (eds.), North American Free Trade, Brookings Institution, 1992.

A Review of L.L. Pasinetti and P. Lloyd, Structural Change and Adjustment in the World Economy, in Contributions to Political Economy, vol. 7, March 1988, UK.

A Review of El Pensamiento de Juan Noyola by Carlos Bazdresch, in Investigación Económica, no. 173, julio-sept., 1985.
 

Back to beginning
 




 

University of Michigan Press:
 
 

Development Theory and the Economics of Growth












Why are some countries richer than others? Why do some economies grow so much faster than others do? Do economies tend to converge to similar levels of per capita income? Or is catching up simply absent? These questions have vast implications for human welfare. After a period of lack of interest in growth theory, these questions are back on the research agenda of the mainstream of the economics profession. They have also been at the heart of development economics since its inception some decades ago. This book blends classical contributions to development theory with recent developments in the economics of growth.

The bookís unifying theme is that the early theoretical insights and the accumulated empirical knowledge of development economics have much to offer to the ongoing research effort in the theory and empirics of economic growth. With the help of a number of recent contributions, the ideas and insights of the classical literature in development economics can be given simple and rigorous formulations. Together, they amount to an approach to growth theory that can overcome the long-recognized empirical shortcomings of neoclassical growth economics, while being free from the objections that can be raised against the new brand of endogenous growth theory.

Besides an original thesis on the contribution that early development theory can make to the research program of modern growth economics, the professional economist and researcher will find in the book an evaluation of the strengths and limitations of the different strands of inquiry in the modern economics of growth as well as new empirical findings on comparative growth performance across countries. Graduate and advanced undergraduate students in economics will find an empirical assessment and a balanced theoretical treatment of new and earlier approaches to economic growth, as well as a presentation of growth and development models in a unified analytical framework.

Click here to view Table of contents

Now available at Amazon.com or at Barnes&Nobel.com

Back to beginning



 

Table of contents

1. Introduction
    1.1 The bookís aim and scope
    1.2 Overview of the book

2. Some stylized facts
    2.1 Incomes per capita across the world
    2.2 Growth rates since 1965
   Appendix

3. A mature economy: growth and factor accumulation
    3.1 The Solow model
    3.2 Empirical shortcomings
    3.3 Extensions: technology and human capital
    3.4 Endogenous investment rates
   Appendix

4. Labor surplus economies
    4.1 The Lewis model
    4.2 Are savings rates correlated with profit shares?
    4.3 Surplus labor and the elasticity of labor supply
    4.4 Efficiency wages and Kaldorian underemployment
   Appendix

5. Increasing returns, external economies, and multiple equilibria
    5.1 Increasing returns to scale and efficiency wages
    5.2 Properties and extensions
    5.3 Empirical evidence
   Appendix

6. Internal economies, imperfect competition and pecuniary externalities
    6.1 The big push in a multisectoral economy
    6.2 Economies of specialization and a Nurksian trap
    6.3 Vertical externalities: A Rodan-Hirschman model

7. Endogenous growth and classical development theory
    7.1 Models of endogenous growth
    7.2 Empirical assessment
    7.3 A development model with increasing returns and skill acquisition

7. Trade, industrialization, and uneven development
    7.1 Openness and growth in the neoclassical framework
    7.2 Multiple equilibria as a rationale for the infant industry argument
    7.3 Different rates of technical progress
    7.4 Terms of trade and uneven development
   Appendix

8. Natural resources, the Dutch disease, and the staples thesis
    8.1 On Graham's paradox
    8.2 The Dutch disease
    8.3 Factor mobility, linkages, and the staple thesis
    8.4 An attempt at reconciliation: Two hybrid models
   Appendix

9. Trade specialization and growth
    9.1 Determinants of the pattern of specialization
    9.2 Growth and the pattern of specialization
    9.3 Industrial policy and transitory shocks
    9.4 Trade, investment and growth: an empirical analysis
   Appendix

10. Development, income distribution and inequality traps
    10.1 Stylized facts
    10.2 Economic inequality and income level
    10.3 The effects of inequality on growth
    10.4 Inequality traps at middle income levels
    Appendix

11. Structural constraints: domestic and foreign exchange bottlenecks
    11.1 Domestic constraints: Kalecki's dual economy model
    11.2 The wage-goods constraint, inflation and the structuralist controversy
    11.3 Foreign exchange constraints and two-gap models
    11.4 Foreign exchange constraints on domestic supply

12. Debt traps and demand-constrained growth
    12.1 An open economy Harrod-Domar model
    12.2 Demand-constrained growth paths
    12.3 Longer run adjustments: factor accumulation and effective demand
    12.4 The debt crisis and macroeconomic instability in Latin America

13. In defense of development theory
    13.1 The empirical case: closing arguments
    13.2 Multiple equilibria and the big push: some misinterpretations of early development theory
    13.3 Openness and development traps
    13.4 Towards a unified and extended research program

 References

You can place an order at University of Michigan Press, Amazon.com or at Barnes&Nobel.com

Back to beginning