The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
This research is divided in two papers. The first paper explains how Genetically Modified Organisms (GMO) have brought enormous advantages to farmers, as products can be more resistance to pests and droughts. Some countries have raised concerns…