Feb 2013
Author(s): Benigno, Gianluca; Chen, Huigang; Otrok, Christopher; Rebucci, Alessandro; Young, Eric R.
In the aftermath of the global financial crisis, a new policy paradigm has emerged in which old-fashioned policies such as capital controls and other government distortions have become part of the…
Dec 2012
Author(s): Benigno, Gianluca; Chen, Huigang; Otrok, Christopher; Rebucci, Alessandro; Young, Eric R.
This paper studies whether policymakers should wait to intervene until a financial crisis strikes or rather act in a preemptive manner. This question is examined in a relatively simple dynamic…
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…
Jul 2006
Author(s): Llisterri, Juan J.; Rojas Parada, Arturo; Mañueco Galindo, Pablo; López Sabater, Verónica; García Tabuenca, Antonio
El interés de los gobiernos, del sector financiero y del sector empresarial en América Latina y el Caribe por superar los obstáculos al financiamiento que afectan el dinamismo emprendedor de las…
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…