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dc.titleTrends and Features of Policy-Based Lending at the Inter-American Development Bank
dc.contributor.authorAvellán, Leopoldo
dc.contributor.authorBrito, Steve
dc.contributor.authorLeon-Diaz, John
dc.contributor.authorLotti, Giulia
dc.contributor.orgunitOffice of Strategic Planning and Development Effectiveness
dc.coverageLatin America and the Caribbean
dc.date.available2022-08-31T00:08:00
dc.date.issue2022-08-31T00:08:00
dc.description.abstractPolicy-based lending is an important element within the toolbox of multilateral development banks to assist countries that need budget support and/or that are embarked on institutional changes or reforms. This Technical Note reviews different aspects of policy-based loans (PBLs) to gain a fresh perspective on their structural and financial features. It examines policy-based loans through the lens of their dual goals of providing beneficiary countries with flexible, liquid, and timely funding to meet their financing needs and of supporting policy reforms or institutional changes in a sector or subsector. The discussion identifies general trends in policy-based lending in Latin America and the Caribbean, explores the sectoral allocation of the policy-based loans of the Inter-American Development Bank (IDB), and examines how policy-based loans are combined with other instruments as they provide liquidity and support reforms. It also explores how the IDB compares to other multilateral development banks in Latin America and the Caribbean in terms of policy-based lending.
dc.format.extent45
dc.identifier.doihttp://dx.doi.org/10.18235/0004438
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Trends-and-Features-of-Policy-Based-Lending-at-the-Inter-American-Development-Bank.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLoan Operation
dc.subjectPolicy-Based Loan
dc.subjectEconomic Development
dc.subjectTechnical Cooperation
dc.subjectBank Loan
dc.subjectPublic Finance
dc.subjectEconomy
dc.subjectStructural Adjustment
dc.subjectEconomic Transformation
dc.subjectFinancial Crisis
dc.subject.jelcodeF53 - International Agreements and Observance • International Organizations
dc.subject.jelcodeO19 - International Linkages to Development • Role of International Organizations
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeP21 - Planning, Coordination, and Reform
dc.subject.keywordsstructural reforms;Latin America and the Caribbean;structural adjustment;economic transformation
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02544
idb.operationBK-C2222
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