Aug 2019
Author(s): Fernández-Arias, Eduardo; Hausmann, Ricardo; Panizza, Ugo
The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be…
Dec 2017
Author(s): Fernández-Arias, Eduardo; Sabel, Charles; Stein, Ernesto H.; Trejos, Alberto
This paper summarizes the findings of the recent Inter-American Development Bank book Two to Tango: Public-Private Collaboration Productive Development Policies, based on case studies of 25…
May 2016
Author(s): Rodríguez-Apolinar, Sergio; Fernández-Arias, Eduardo
This paper combines development accounting exercises with economic theory to assess the importance of total factor productivity and the accumulation of factors of production as engines of growth in…
Mar 2016
Author(s): Cornick, Jorge; Fernández-Arias, Eduardo; Stein, Ernesto H.
This paper discusses the organizational structure and technical, operational and political capabilities required for successful productive development policies (PDPs). It also discusses how…