Apr 2018
Author(s): Wright, Allan; Kellman, Bradley; Kallicharan, Shaiiede
Multiple studies have highlighted the Caribbean as one of the geographic regions most severely impacted by the decline in correspondent banking relationships (CBRs). However, when examined at a…
Jan 2018
Author(s): Scartascini, Carlos; Cruz, Cesi; Keefer, Philip
The Database of Political Institutions presents institutional and electoral results data such as measures of checks and balances, tenure and stability of the government, identification of party…
Feb 2017
Author(s): Wright, Allan; Kellman, Bradley
De-risking has the potential to develop into a threat to Barbados posing a challenge to the country's continued development and economic stability if left unchecked. Early indications are that…
Nov 2016
Author(s): Wright, Allan
It is essential to have secure, stable monetary and worldwide payment frameworks that reduce exposure to Money Laundering and Terrorism Financing (ML/FT), while permitting access to markets and…
Jan 2016
Author(s): Cruz, Cesi; Keefer, Philip; Scartascini, Carlos
The Database of Political Institutions presents institutional and electoral results data such as measures of checks and balances, tenure and stability of the government, identification of party…
Jul 2013
Author(s): Tommasi, Mariano; Scartascini, Carlos; Caruso, Germán
The understanding of the economic effect of formal institutional rules has progressed substantially in recent decades. These formal analyses have tended to take for granted that institutional arenas…
Dec 2011
Author(s): Scartascini, Carlos; Tommasi, Mariano
Este trabajo argumenta que la institucionalización es un fenómeno de equilibrio y que se asocia a mejores políticas públicas y mejores resultados en términos de desarrollo económico. Como soporte de…
Oct 2011
Author(s): Ardanaz, Martín; Scartascini, Carlos
This paper argues that the details of political institutions help explain the low levels of personal income taxation. In particular, legislative malapportionment enables rich elites to exercise…
Dec 2010
Author(s): Hallerberg, Mark; Scartascini, Carlos
The recent financial crisis has initiated pressures for not only policy reform but also fundamental institutional fiscal reforms. This paper explores the connection between economic crises and…
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…
Jul 2008
Author(s): Scartascini, Carlos; Stein, Ernesto H.; Tommasi, Mariano
Veto player theory argues that a higher number of veto players lowers the likelihood of change; in turn, policies that do not change help to sustain commitments but may prevent adaptation to changing…