Nov 2018
Author(s): Lotti, Giulia; Avellán, Leopoldo; Galindo, Arturo
Fiscal policy is procyclical in developing countries. An ample literature has explained this fact and explored its consequences for aggregate cyclical fluctuations. Multilateral Development Banks (…
Sep 2018
Author(s): Ketterer, Juan Antonio; Powell, Andrew
Infrastructure financing “gaps” remain large but institutional investors maintain trillions of dollars in low yielding government bonds. One of the G20’s 2018 priorities has been to develop…
Sep 2017
Author(s): Ketterer, Juan Antonio; García Zaballos, Antonio
Economic theory tells us that there is a close relationship between price and demand. Moreover, these two variables may explain the rhythm of deployment and the technological solution that could…
Apr 2016
Author(s): Ketterer, Juan Antonio; Andrade, Gabriela
Innovations in digital payment technologies and digital currencies suggest that extending access to central bank money (CBM) to firms and individuals is now feasible. This paper focuses on a recent…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Much attention has been devoted to how much infrastructure investment LAC needs. Less attention has been devoted to where that investment comes from. This report examines how much LAC invests in…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Durante las últimas décadas se ha prestado especial atención a cuánto es necesario invertir en infraestructura en América Latina y el Caribe (ALC). Sin embargo, no ha ocurrido lo mismo en relación al…