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): Stucchi, Rodolfo; Lotti, Giulia; Maffioli, Alessandro; Broccolini, Chiara; Presbitero, Andrea
In this paper we assess whether multilateral lending mobilize private capital inflows. We find evidence of positive significant mobilization effects of multilateral lending on the number of deals and on…
Oct 2017
Author(s): Regalia, Ferdinando; Eichler, Rena; Gigli, Susan; Cleason, Mariam; Tapia Conyer, Roberto; Gavilanes Hernandez, Francisco Javier; Kress, Daniel; Wong, Ethan; Mujica, Ricardo; Betancourt Cravioto, Miguel; Ciria Matilla, María Cruz; Álvarez, María Cristina; Iriarte, Emma; Nelson, Jennifer; Zúñiga Brenes, Paola; Ríos-Zertuche, Diego
Salud Mesoamerica Initiative (SMI) is a unique results-based aid initiative that rewards countries for achieving health targets in the poorest municipalities in Mesoamerica. A partnership between…