Fiscal Policy and the Business Cycle Associated with Exchange Rate-Based Stabilizations: Evidence from Uruguay's 1978 and 1991 Programs
Nov 1995 Generative AI enabled
Author(s): Talvi, Ernesto
The initial stages of exchange rate-based stabilizations have been generally characterized by a consumption boom, a deterioration of the trade balance and the current account, and an appreciation of…
The Macroeconomics of Capital Flows to Latin America: Experience and Policy Issues
Oct 1995 Generative AI enabled
Author(s): Gavin, Michael;Hausmann, Ricardo;Leiderman, Leonardo
This paper reviews recent experience with international capital flows in Latin America, and discusses the policy issues that surround them. The paper is predicated on three basic premises. Capital…
Approaching the End of the Millennium
Sep 1995
Author(s): Aridjis, Homero
Homero Aridjis (1940-), Mexican poet, diplomat and author of over 25 books of poetry, founder of the environmental Group of 100, awarded by the United Nations.
Figari's Montevideo: 1861 - 1938
Sep 1995
Author(s): Inter-American Development Bank
Thirty-eight works including drawings, photographs and paintings that illustrate the life and times of artist Pedro Figari in Montevideo, Uruguay; from Montevideo's National Library, the Juan…
Testing the Hypothesis of Collusive Behavior Among Organization of the Petroleum Exporting Countries (OPEC) Members
Sep 1995 Generative AI enabled
Author(s): Spilimbergo, Antonio
This paper presents a test to discriminate among behaviors of producers of exhaustible resources. The behavior of a competitive producer of an exhaustible resource should follow an Euler equation.…
Painting, Drawing and Sculpture from Latin America
Sep 1995
Author(s): Inter-American Development Bank
Twenty artworks by Latin American artists, from the IDB Collection.
Varieties of Capital-Market Crises
Aug 1995 Generative AI enabled
Author(s): Calvo, Guillermo A.
In this post-modern world of high capital mobility, countries are being disciplined by the anonymous capital market. One view of the situation -perhaps the prevalent view among economists- is that…
Political Stabilization Cycles in High Inflation Economies
Aug 1995 Generative AI enabled
Author(s): Stein, Ernesto H.;Streb, Jorge M.
High inflation economies often do not exhibit smooth inflationary processes, but rather stop-go cycles. This paper relates these stop-go episodes of inflation to a political cycle. The government can…
Issues in Estimating Benefits with Non-Market Methods
Aug 1995 Generative AI enabled
Author(s): McConnell, Kenneth E.
This paper reviews modern techniques for estimating the benefits of goods which are not bought and sold in markets, paying special attention to the kinds of empirical studies that applied economists…
Serra da Capivara National Park
Jun 1995
Author(s): Inter-American Development Bank
Photographic panels and archaeological artifacts depicting the diversity of the dry forests of Brazil's Serra da Capivara National Park, in the northeastern State of Piauí.
Swimming Against the Tide: Strategies for Improving Equity in Health
May 1995 Generative AI enabled
Author(s): Birdsall, Nancy;Hecht, Robert
The evidence shows that government spending for health in many developing countries benefits the well-to-do more than the poor. However, a combination of favorable political forces and sound public…
Achieving Stability in Latin American Financial Markets in the Presence of Volatile Capital Flows
Apr 1995 Generative AI enabled
Author(s): Rojas-Suárez, Liliana;Weisbrod, Steven R.
This paper considers whether reserve requirements have been effective in controlling excessive liquidity growth. It also discusses the adequacy of bank supervisory standards, such as capital to risk-…
Inter-American Development Bank Annual Report 1994
Mar 1995
Author(s): Inter-American Development Bank
The Annual Report contains a review of the Bank's operations in 1994.
Art in Context: Aesthetics, Environment and Function in the Arts of Japan
Mar 1995
Author(s): Yonemura, Ann
Ann Yonemura (1947-), North American Senior Associate Curator of Japanese Art at the Freer and Sackler Galleries of the Smithsonian Institution in Washington, D.C.
Treasures of Japanese Art
Mar 1995
Author(s): Inter-American Development Bank
Thirty-two art objects representing the period from 1573-1867, from the Tokyo Fuji Art Museum, including lacquerware, ceramics, armor, furniture, calligraphy, prints, textiles and screens.
The Use of Subsidies to Achieve Efficient Resource Allocation in Upland Watersheds
Mar 1995 Generative AI enabled
Author(s): Hueth, Darrell L.
This paper evaluates the use of subsidies to achieve efficient resource utilization, beginning with a discussion of the nature of erosion and methods of estimating rates of erosion. The second…
The IDB in Low-Cost Housing: The First Three Decades
Feb 1995
Author(s): Rojas, Eduardo
This document reviews the activities of the IDB to deal with the lack of fully serviced dwellings for the entire region's population. The document considers this a case of market and government…
Workshop on the Use of Financial Incentives for Industrial Forest Plantations: Proceedings
Jan 1995
Author(s): Carrizosa, Santiago;Montes, Gabriel;Haltia, Olli;Southgate, Douglas;Constantino, Luis;Beattie, William;Vaughan, William J.;Niklitschek, Mario
This document presents the proceedings of a workshop on financial incentives for industrial forest plantations, held at the Inter-American Development Bank (IDB) on January 19, 1995. The main…
Timeless Beauty: Ancient Perfume and Cosmetic Containers
Jan 1995
Author(s): Inter-American Development Bank
One hundred-eighteen vessels, grooming instruments and sculptures in glass, alabaster, bronze, marble and stone from the Israel Museum in Jerusalem representing the ancient cultures of the East.…
Government Policies Affecting Forests in Latin America: An Agenda for Discussion
Jan 1995 Generative AI enabled
Author(s): Laarman, Jan G.
This paper identifies policy issues that affect the extent, distribution, and condition of forests in Latin America. Forest management policies are only one element in the framework; policies related…