Oct 2018
Author(s): López, Arnoldo; Ventosa-Santaulària, Daniel
Over the last three decades, Mexico’s macroeconomic policy has been driven by a sound orthodox strategy: an open economy via many trade agreements signed since the mid-1980s, a nominal exchange rate…
Aug 2017
Author(s): Peters, Amos
This paper’s primary goal is to determine the size of the informal sector in the heterogeneous Caribbean countries. The informal economic activities of a country have several implications for their…
Mar 2016
Author(s): Corral, Leonardo; Henderson, Heath; Miranda, Juan José
This document studies the economic effect of windfall gains by examining a Peruvian natural experiment. The Camisea Fund for Socioeconomic Development (FOCAM) is an inter-governmental fiscal transfer…
Jul 2002
Author(s): Mendoza, Enrique G.
Financial contagion and Sudden Stops of capital inflows experienced in emerging-markets crises may originate in an explosive mix of lack of policy credibility and world capital market imperfections…