Oct 2019
Author(s): Mateo-Berganza Díaz, María Mercedes; Rucci, Graciana; Amaral, Nicole; Arias Ortiz, Elena; Becerra, Laura; Bustelo, Monserrat; Cabrol, Marcelo; Castro, Juliana; Caycedo, Juanita; Duryea, Suzanne; Groot, Bibi; Heredero, Elena; Hincapie, Diana; Magendzo, Adrián; Navarro, Juan Carlos; Novella, Rafael; Rieble-Aubourg, Sabine; Rubio-Codina, Marta; Scartascini, Carlos; Vezza, Evelyn
El siglo XXI no va a suceder en el futuro: está pasando hoy. Los cambios acelerados en términos tecnológicos, migratorios, demográficos y climáticos están reconfigurando el orden social, económico y…
Sep 2015
Author(s): Hallerberg, Mark; Scartascini, Carlos
This paper examines whether elections, which are generally held on fixed dates, and banking crises explain the timing of tax reforms and the allocation of the additional tax burden. Using an…
Dec 2010
Author(s): Hallerberg, Mark; Scartascini, Carlos
The recent financial crisis has initiated pressures for not only policy reform but also fundamental institutional fiscal reforms. This paper explores the connection between economic crises and…
Mar 2010
Author(s): Izquierdo, Alejandro; Talvi, Ernesto
In the aftermath of the direst global crisis in recent times, Latin America and the Caribbean have shown remarkable resilience. The aim of this report is threefold: first, to understand the sources…
Mar 2010
Author(s): Izquierdo, Alejandro; Talvi, Ernesto
Después de haber atravesado la más dura crisis global en tiempos recientes, América Latina y el Caribe han demostrado tener una notable capacidad de resistencia. Este informe tiene tres objetivos:…
Mar 2008
Author(s): Izquierdo, Alejandro; Talvi, Ernesto; Catão, Luis; Cavallo, Eduardo A.; Powell, Andrew
Latin America is growing fast and fundamentals look healthier. Are these achievements here to stay? Strong commodity prices may not last forever and a US recession could have major repercussions in…
Aug 1997
Author(s): Talvi, Ernesto; Stein, Ernesto H.; Lora, Eduardo; Gavin, Michael; Lalchan, Rajindra; Hausmann, Ricardo
El Informe de 1997 examina las fuerzas complejas que le han dado forma al proceso de reformas y analiza los retos de mantener un crecimiento económico sostenible, de la prevención de inestabilidad,…
Dec 1995
Author(s): Talvi, Ernesto
In the context of a perfect foresight, intertemporal optimizing, cash-in-advance model, this paper studies the dynamics of an inconsistent exchange rate-based stabilization policy that fixes the…