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…
Aug 2012
Author(s): García Osío, Gustavo; Marcel, Mario; Martínez Guzman, Juan Pablo; Sanginés, Mario; Farias, Pedro; Pimenta, Carlos; Chrisney, Martin D.; Prats Cabrera, Joan Oriol; Crespi, Gustavo
Las instituciones fiscales del mañana, título inaugural de la serie Instituciones para la gente, aborda temas de gestión pública clave para el desarrollo económico de América Latina y el Caribe.…
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…