Sep 2010
Author(s): Becerra, Oscar; Cavallo, Eduardo A.; Scartascini, Carlos
Although financial development is good for long-term growth, not all countries pursue policies that render full financial development. This paper builds on an extensive political economy literature…
Dec 2009
Author(s): Scartascini, Carlos; Stein, Ernesto H.; Tommasi, Mariano; Jones, Mark P.; Saiegh, Sebastián; Magaldi de Sousa, Mariana; Martínez-Gallardo, Cecilia; Zuvanic, Laura; Iacoviello, Mercedes; Rodríguez Gusta, Ana Laura; Monaldi, Francisco; Schneider, Ben Ross; Murillo, Maria Victoria; Schrank, Andrew; Hughes, Sallie
Over the past 30 years, democratic freedoms and competitive electoral processes have taken hold as never before in Latin America. How Democracy Works takes a detailed look, from an institutional…