Mar 2017
Author(s): Khadan, Jeetendra; Pradelli, Juan Jose; Schmid, Juan Pedro; Wenner, Mark D.; Wright, Allan; Clarke, Dillon; Waithe, Kimberly
This Caribbean Region Quarterly Bulletin explores constraints to private sector development in the Caribbean. With economic growth weak and dependent on only a few sectors -either tourism or…
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…
Nov 2016
Author(s): Bueso-Merriam, Jacqueline; Demichelis, Francisco; Fernández Díez, María Carmen; Giuliodori, David; Rodríguez, Alejandro; Stucchi, Rodolfo
A shortcoming of the current empirical impact evaluation literature is the lack of studies that measure the effect of access to credit in the medium and long term, as well as the impact on…
Nov 2016
Author(s): Bueso-Merriam, Jacqueline; Demichelis, Francisco; Fernández Díez, María Carmen; Giuliodori, David; Rodríguez, Alejandro; Stucchi, Rodolfo
Una limitación de la literatura empírica actual sobre evaluación de impacto es la carencia de estudios que midan los impactos del crédito en el mediano y largo plazo, así como en los tipos de…
May 2016
Author(s): Agénor, Pierre-Richard; Pereira da Silva, Luiz A.
This paper studies the extent to which alternative loan loss provisioning regimes affect the procyclicality of the financial system and financial stability. It uses a DSGE model with financial…
Apr 2016
Author(s): Ketterer, Juan Antonio; Andrade, Gabriela
Innovations in digital payment technologies and digital currencies suggest that extending access to central bank money (CBM) to firms and individuals is now feasible. This paper focuses on a recent…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Much attention has been devoted to how much infrastructure investment LAC needs. Less attention has been devoted to where that investment comes from. This report examines how much LAC invests in…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Durante las últimas décadas se ha prestado especial atención a cuánto es necesario invertir en infraestructura en América Latina y el Caribe (ALC). Sin embargo, no ha ocurrido lo mismo en relación al…