Aug 2020
Author(s): Abuelafia, Emmanuel;Saboin, José Luis
The collapse of the Venezuelan economy is unprecedented. If the expected reduction in economic activity of 2020 (around 30%) is added to the 70% contraction between 2013 and 2019, the Venezuelan…
Aug 2020
Author(s): Abuelafia, Emmanuel;Saboin, José Luis
El colapso en que se encuentra la economía venezolana no tiene precedentes. La economía se contrajo un 70% entre 2013 y 2019, a lo que se suma una reducción esperada del 30% en 2020, lo que la ubica…
Aug 2020
Author(s): Cavallo, Eduardo A.;Izquierdo, Alejandro;León, John Jairo
Sudden stops in net capital flows can be prevented if domestic investors either repatriate foreign-held assets or roll over their local asset holdings when foreign investors stop lending or sell off…
Jun 2020
Author(s): Mooney, Henry;Zegarra, Maria Alejandra
The COVID-19 crisis will have devastating implications for countries around the worldparticularly tourism-dependent economies. This paper highlights the vulnerability of many Latin American and…
Jun 2020
Author(s): Mooney, Henry;Zegarra, Maria Alejandra
La COVID-19 tendrá consecuencias devastadoras para los países de todo el mundo, en particular para aquellos que dependen del turismo. Nuestro capítulo resalta que muchos países de América Latina y el…
Jun 2020
Author(s): Abuelafia, Emmanuel
Para los países de la región andina, la migración venezolana ya representaba un reto sin precedentes, aun antes de la pandemia por Covid-19. El número de migrantes que se ha establecido en la región…
May 2020
Author(s): Gonzalez Diez, Verónica M.;Rose, Jonathan;Maciel, Odette;Gotz, Gunnar;Arévalo, Josette;Niembro, Rasec;Putic, Melanie
The 2019-2020 Work Program of the Office of Evaluation and Oversight (OVE) included an assessment of the financial instruments of the Inter-American Development Bank (IDB). The objective of this…
May 2020
Author(s): Gonzalez Diez, Verónica M.;Rose, Jonathan;Maciel, Odette;Gotz, Gunnar;Arévalo, Josette;Niembro, Rasec;Putic, Melanie
El Programa de Trabajo 2019-2020 de la Oficina de Evaluación y Supervisión (OVE) incluyó una evaluación de los instrumentos financieros del Banco Interamericano de Desarrollo (BID). El objetivo de…
May 2020
Author(s): Herrera, Diego
Micro, small and medium-sized enterprises (MSMEs) comprise 99.5 percent of the businesses, 60 percent of the employed population, and about 25 percent of the gross domestic product (GDP) in Latin…
May 2020
Author(s): Herrera, Diego
Las micro, pequeñas y medianas empresas (mipyme) comprenden el 99,5% de las empresas, el 60% de la población empleada y aproximadamente el 25% del producto interno bruto (PIB) en América Latina y el…
Apr 2020
Author(s): Blackman, Allen;Ibáñez, Ana María;Izquierdo, Alejandro;Keefer, Philip;Mesquita Moreira, Mauricio;Schady, Norbert;Serebrisky, Tomás
The aim of this document is to examine the public policy options available to LAC countries and provide inputs for discussion by their governments. It focuses on the public policy challenges of…
Apr 2020
Author(s): Blackman, Allen;Ibáñez, Ana María;Izquierdo, Alejandro;Keefer, Philip;Mesquita Moreira, Mauricio;Schady, Norbert;Serebrisky, Tomás
El objetivo de esta nota es discutir las opciones de política pública para los países de ALC y así proveer insumos de discusión para los gobiernos de la región. La nota se concentra en los retos de…
Apr 2020
Author(s): Blackman, Allen;Ibáñez, Ana María;Izquierdo, Alejandro;Keefer, Philip;Mesquita Moreira, Mauricio;Schady, Norbert;Serebrisky, Tomás
O objetivo desta nota é discutir opções de políticas públicas para os países da ALC e, portanto, fornecer informações aos governos da região. A nota enfoca os desafios das políticas públicas para…
Sep 2019
Author(s): Nuguer, Victoria;Finkelstein-Shapiro, Alan
The Global Financial Crisis (GFC) of 2008-2009 highlighted the role of the banking system as an important propagation mechanism of U.S. financial shocks to emerging economies (EMEs). Recent evidence…
Aug 2019
Author(s): Cavallo, Eduardo A.
Sudden stops in capital flows are a form of financial whiplash that creates instability and crises in the affected economies. Sudden stops in net capital flows trigger current account reversals as…
May 2017
Author(s): Gallagher, Kevin;Lagarda, Guillermo;Linares, Jennifer
The 2008 Financial Crisis and subsequent financial turbulence has triggered economists and policymakers to revisit the extent to which capital account liberalization is optimal for all countries at…
Jun 2016
Author(s): Ruiz Pozuelo, Julia;Slipowitz, Amy;Vuletin, Guillermo
This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political science research indicates that economic turmoil is responsible for causing or…
Jun 2016
Author(s): Ruiz Pozuelo, Julia;Slipowitz, Amy;Vuletin, Guillermo
This online appendix presents a thorough analysis of the nature, dynamics, and most important events for 38 cases of democratization, including the list of democracy experts and key country-specific…
Jun 2016
Author(s): Cavallo, Eduardo A.;Fernández-Arias, Eduardo;Marzani, Matías
This paper shows, using probit analysis, that low national savings increase the risk of macroeconomic crisis. Foreign savings are a poor substitute of national savings not only for domestic…
Mar 2016
Author(s): Cruces, Juan José
This paper measures the flow of funds into the real estate sector for the city of Buenos Aires since 1992 and compares it to traditional savings instruments. For each dollar that went into the city…