Jun 2016
Generative AI enabled
Generative AI enabled
Why should people--and economies--save? The typical answer usually focuses on the need to protect against future shocks, to smooth consumptionduring hard times, in short, to save for the proverbial…
Jun 2016
Why should people -and economies- save? The typical answer usually focuses on the need to protect against future shocks, to smooth consumption during hard times, in short, to save for the proverbial…
Jun 2016
Savings in an economy matter for development. At the macro level, savings determine how much a country can invest, and they have implications for growth and economic stability. At the individual…
Jun 2016
In advanced economies, the vast majority of savings are intermediated through formal financial instruments. This intermediation can take one of three forms: direct financing, with individuals holding…
Jun 2016
Why save more? One good reason is to invest more. Economies that save more can take advantage of investment opportunities and thus grow faster. Investing to improve access to education and health,…
Jun 2016
Countries invest in physical capital in order to grow. In principle, domestic investment can be financed with either national or foreign financing. However, foreign financing is not a good substitute…
Jun 2016
When it comes to consumption and saving, there are two groups of people: those who produce resources actively in the labor market, and those who depend on what others produce because they are either…
Jun 2016
Pension systems in Latin America and the Caribbean are broken. To begin with, they cover less than half the population. Moreover, flaws in structure and financing make some of them unsustainable,…
Jun 2016
Increasing national saving requires everyone to pitch in, including the government. Traditionally, policies to boost public saving have focused on either raising taxes or cutting spending—or both.…
Jun 2016
Ultimately, Latin America’s low saving rate can be traced back to individual households throughout the region. Why do they—or do they not—save and how? Answering this question is not an easy task.…
Jun 2016
Saving rates are relatively low in Latin America and the Caribbean, as is productivity growth. Are these two facts related? Much of this book has argued that indeed, a relationship exists and that…
Jun 2016
This book argues that Latin America and the Caribbean suffers from two interrelated problems: saving is low, and those meager savings are used inefficiently. The two problems are connected and…
Jun 2016
A moniker often invoked to describe the Caribbean is: "high debt, low growth." It was never completely true. Today it may have become so. The tourism countries, Jamaica, Barbados, and The…
Jun 2016
As part of its 2015-2016 annual work plan, the Office of Evaluation and Oversight (OVE) prepared the Bank's country program evaluation (CPE) with Argentina for the 2009-2015 period. This CPE is…
Jun 2016
Generative AI enabled
Generative AI enabled
Security concerns in a context of increasingly segmented supply chains haveled to stricter border control measures, which may potentially negatively
affect international trade. Customs around…
affect international trade. Customs around…
Jun 2016
Generative AI enabled
Generative AI enabled
Firms selling products abroad usually have to interact with several borderagencies that develop multiple trade regulations and oversee their
compliance. These regulations establish the…
compliance. These regulations establish the…
Jun 2016
Generative AI enabled
Generative AI enabled
In this paper, we examine an innovative postal export regime that involvesboth a streamlining of export procedures and provision of intermediation
services to investigate how firms' react…
services to investigate how firms' react…
Jun 2016
Generative AI enabled
Generative AI enabled
We examine transaction-level Peruvian import data to show that firms are subject to significant costs of port-of-entry delays. At the transaction level, we observe the time it takes a shipment to…
Jun 2016
Generative AI enabled
Generative AI enabled
In this paper, we estimate the effects of transit systems that substantiallystreamline administrative processing of trade flows. In so doing, we use a
unique dataset that consists of the…
unique dataset that consists of the…
Jun 2016
Generative AI enabled
Generative AI enabled
In this paper, we estimate the effects of custom-related delays on firms'exports. In so doing, we use a unique dataset that consists of the universe
of Uruguay's export transactions…
of Uruguay's export transactions…