Dec 2019
Author(s): Avellán, Leopoldo; Goncalves Cavalcanti, Vitor; Leal Calderon, Zulima; Lotti, Giulia
This paper assesses the link between the effort to prepare investment projects and the effort to implement them. Effort is measured as the total number of staff hours devoted to the project…
Jul 2019
Author(s): Avellán, Leopoldo; Leon-Diaz, John
The study finds that variability in the approval rate of IDB-funded investment projects depends more on specific project characteristics than on macroeconomic conditions faced by countries or errors…
Jul 2019
Author(s): Avellán, Leopoldo; Goncalves Cavalcanti, Vitor; Lotti, Giulia
This study assesses whether, by decreasing project preparation time, execution times are lengthened. This study finds no systematic evidence that links project preparation time with project execution…
Dec 2016
Author(s): Andrian, Leandro Gaston; Avellán, Leopoldo
El producto potencial y la brecha del producto son conceptos comúnmente utilizados para informar el ejercicio de las políticas monetaria y fiscal, así como para el análisis del desempeño del sistema…
Aug 2014
Author(s): Mariscal, Rodrigo; Powell, Andrew; Tavella, Pilar
Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and…
Jun 2013
Author(s): Tavella, Pilar; Powell, Andrew
The May 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that average growth and inflation expectations have fallen slightly. The simple average…
May 2013
Author(s): Arce, Fernando; Powell, Andrew
The April 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that average growth expectations have risen while inflation expectations have remained…
Mar 2013
Author(s): Powell, Andrew
Global growth projections have waned since last year and growth may be suppressed below potential for several years to come. Lower global growth will, all things being equal, imply lower growth in…
Mar 2013
Author(s): Powell, Andrew
Las proyecciones del crecimiento global han disminuido desde el año pasado y el crecimiento podría verse menguado por debajo de su potencial durante muchos años. Un menor crecimiento global, con…
Jun 2012
Author(s): Powell, Andrew; Tavella, Pilar
This paper analyzes capital inflow surges in emerging economies from 1980 to 2005. Estimated probit models are used, which discriminate well between surges associated with banking crises or…
Feb 2012
Author(s): Rebucci, Alessandro; Powell, Andrew; Caballero, Julián; Fernández Martín, Andrés; Fernández-Arias, Eduardo
This report details the divergent paths that the world economy may take and their potential effects on Latin America and the Caribbean. Scenarios are constructed employing a modeling exercise that…
Feb 2012
Author(s): Rebucci, Alessandro; Powell, Andrew; Caballero, Julián; Fernández Martín, Andrés; Fernández-Arias, Eduardo
Este informe detalla las diversas trayectorias que podría tomar la economía mundial y los efectos potenciales sobre América Latina y el Caribe. Se construyen escenarios siguiendo un ejercicio de…
Oct 2011
Author(s): Majnoni, Giovanni; Powell, Andrew
The recent global financial crisis has put the spotlight on macro-prudential policies to protect firms and households from problems emanating from the financial sector. This paper proposes an…
Oct 2009
Author(s): Rebucci, Alessandro; Powell, Andrew; Minella, André; Souza-Sobrinho, Nelson F.
This study provides a set of tools to analyze the monetary and exchange rate policy issues in the seven countries of the Inter-American Development Banks Caribbean region (The Bahamas, Barbados,…
Mar 2008
Author(s): Izquierdo, Alejandro; Talvi, Ernesto; Catão, Luis; Cavallo, Eduardo A.; Powell, Andrew
Latin America is growing fast and fundamentals look healthier. Are these achievements here to stay? Strong commodity prices may not last forever and a US recession could have major repercussions in…
May 2007
Author(s): Bobba, Matteo; Powell, Andrew; Della Corte, Giuseppe
Money is used as a store of value, a medium of exchange and a unit of account. Most recent analyses of currency choice in an international setting have focused on the denomination of reservesthe…