Feb 2013
Author(s): Céspedes, Luis Felipe; Chang, Roberto; Velasco, Andrés
This paper reviews the recent experience of a half-dozen Latin American inflation targeting (IT) nations. Repeated and large deviations from the standard IT framework are documented: exchange market…
Apr 2010
Author(s): Durante, Juan José; Focke, Kurt S.; Collich, Guillermo J.; Marcel, Mario; Andersen, Torben
The Latin American and Caribbean region is highly exposed to natural disasters. The social and economic impact of these events has been historically very significant and it is showing an increasingly…
Nov 2006
Author(s): Cavallo, Eduardo A.; Velasco, Andrés
The paper explores the incidence of sudden stops in capital flows on the incentives for building national institutions that secure property rights in a world where sovereign defaults are possible…
Feb 2004
Author(s): Reis, José Guilherme A.; Valadares, Sílvia M.
Este trabalho analisa alguns dos principais obstáculos ao desenvolvimento do sistema financeiro brasileiro, ressaltando as medidas implementadas recentemente e indicando propostas para dar…
Nov 2001
Author(s): Andersen, Torben
The report makes a general assessment of the need for catastrophe risk transfer in Latin America and the Caribbean. It analyzes different ways in which risk transfer can take place in the form of…