Jan 2019
Author(s): Inter-American Development Bank (IDB)
Mobilizing resources is critical to the implementation of the 2030 Agenda and multilateral development banks in particular have been called upon to crowd-in additional financing for the Sustainable…
Dec 2018
Author(s): Lacambra Ayuso, Sergio; Suarez, Ginés; Esquivel, Maricarmen; Barandiarán, Melissa; Zuloaga, Daniela
The effects of climate change and disasters triggered by natural hazards pose a significant threat to sustainable development in the Latin America and Caribbean (LAC) region. According to the Bank’s…
Jun 2018
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Visconti, Ernesto; Jaimes, Ivonne; Sanahuja, Haris; Torres, Ana María; Benjamin, Lisa
This document describes the general methodology of the Index of Governance and Public Policy in Disaster Risk Management (iGOPP) and presents the main concepts that support both disaster risk…
Mar 2018
Author(s): Hernández, Juan
Many emerging economies maintain significant positions in both external sovereign debt and foreign reserves, paying spreads of over 250 basis points on average. Arguments advanced in empirical work…
Mar 2018
Author(s): Inter-American Development Bank (IDB)
The geographic location of the Latin America and the Caribbean region makes it susceptible to natural disasters, including hurricanes, landslides, droughts, and earthquakes. In 2017, Latin America…
Mar 2018
Author(s): Banco Interamericano de Desarrollo (BID)
La ubicación geográfica de la región de América Latina y el Caribe la vuelve susceptible a los desastres naturales, entre ellos los huracanes, los corrimientos de tierra, las sequías y los terremotos…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Jaimes, Ivonne; Durán, Rolando; Torres, Ana María; Visconti, Ernesto; Noal, Débora
El Índice de Gobernabilidad y Políticas Públicas (iGOPP) en gestión del riesgo de desastres (GRD) ha sido diseñado para evaluar la existencia formal de un número de condiciones legales,…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Garcia, Alvaro; Osorio, Claudio; Torres, Ana María; Visconti, Ernesto; Hraste, Mirka
La institucionalidad actualmente existente en Paraguay para la gestión del riesgo de desastres (GRD) se ha construido en base a un proceso de maduración y reflexión de una serie de emergencias y…
Dec 2017
Author(s): Lacambra Ayuso, Sergio; Guerrero Compeán, Roberto
Este estudio examina de manera empírica el efecto que tiene una mejora en las condiciones de la gobernabilidad en la gestión del riesgo sobre las pérdidas humanas ante la ocurrencia de un desastre.…
Feb 2017
Author(s): Alvarez, Roberto; Hansen, Erwin
This paper examines a panel (1994-2014) of Chilean non-financial firms, both publicly listed and private, which was built to analyze the determinants of the use of foreign currency debt and their…
Feb 2017
Author(s): Lacambra Ayuso, Sergio; Hori, Tsuneki; Jaimes, Ivonne; Sanahuja, Haris; Torres, Ana María; Visconti, Ernesto; Novillo, Nathalia
El presente informe presenta los principales avances y retos pendientes del país a nivel de su gobernabilidad para la gestión del riesgo de desastres, medida a través del Índice de Gobernabilidad y…
Dec 2016
Author(s): Schmid, Juan Pedro
Jamaica entered the world economic downturn in 2008 from a position of ongoing weak economic performance and high, increasing debt levels. As a result, Jamaica's fiscal situation quickly became…
Dec 2016
Author(s): García-Cicco, Javier; Kawamura, Enrique
This paper empirically tests the effects of foreign currency debt on economic performance and investment behavior in non-financial firms in six Latin America and Caribbean countries. It is found find…
Oct 2016
Author(s): Barajas, Adolfo; Restrepo, Sergio; Steiner, Roberto; Medellín, Juan Camilo; Pabón, César
After building up foreign currency-denominated (FC) liabilities over several years, the balance sheets of Colombian firms might be particularly vulnerable to a shift in external conditions. This…
Sep 2016
Author(s): Perry, Guillermo; Auvert, Diego
This paper discusses financial integration issues in the Pacific Alliance. The Alliance seeks to attain free circulation of goods, services, capital and workers among its members (presently Chile,…
Aug 2016
Author(s): Beck, Thorsten
Theory and empirical work have shown that long-term finance is critical for households, firms and government and for the overall development of the economy. The development of efficient and…
Aug 2016
Author(s): Chang, Roberto; Fernandez, Andres; Gulan, Adam
Corporate sectors in emerging markets have noticeably increased their reliance on foreign financing, presumably reflecting low global interest rates. The evidence also shows a rebalancing from bank…
Aug 2016
Author(s): Caballero, Julián; Fernandez, Andres; Park, Jongho
This paper studies the influence of external financial factors on economic activity in emerging economies (EMEs) motivated by a considerable increase in foreign financing by the corporate sector in…
May 2016
Author(s): Caballero, Julián; Panizza, Ugo; Powell, Andrew
Recent work suggests non-financial firms have acted like financial intermediaries particularly in emerging economies. This paper corroborates these findings but then asks "why?" The results…
Apr 2016
Author(s): Chang, Roberto; Fernandez, Andres; Gulan, Adam
Corporate sectors in emerging market economies have increased noticeably their reliance on foreign financing, presumably reecting low global interest rates. This trend has largely reflected increased…