Nov 1998
Author(s): Chang, Charles C.; Fernández-Arias, Eduardo; Servén, Luis
The debate on the effectiveness of foreign aid has intensified in recent years as aid has come under increasing budgetary pressures in donor countries. Whatever the merits of the opposing arguments,…
Nov 1998
Author(s): Dahan, Momi; Gaviria, Alejandro
The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income…
Dec 1997
Author(s): Stein, Ernesto H.; Streb, Jorge M.
Although the region remains highly centralized, the tendency toward decentralization is quite strong. Not only is a larger portion of the general government budget executed from the subnational…
Dec 1997
Author(s): Taborga, Miguel; Lucano, Fernando
Este ensayo se presenta dada la gran variedad de actores que intervienen en la promoción de las microfinanzas. Esta herramienta ha sido diseñada para orientar a una amplia gama de instituciones y…