May 2023
Investment rates are substantially reduced for firms with higher leverage and higher risk of default. For firms with low risk, higher leverage does not reduce investment; in fact, in these cases we…
May 2023
Las tasas de inversión corporativa son considerablemente menores en las empresas con mayor apalancamiento y mayor riesgo de impago. En las empresas con bajo riesgo de quiebra, un alto grado de…
May 2023
La innovación verde puede desempeñar un papel central en la transición a un nuevo modelo de desarrollo sostenible en la región de América Latina y el Caribe. Este documento presenta una selección de…
Apr 2023
The approach to scaling up innovations in development is broken due to insufficient skills and funding for intermediation. Intermediation involves the essential technical assistance required by…
Apr 2023
El enfoque para escalar innovaciones en el desarrollo se encuentra fracturada debido a la ausencia de habilidades suficientes y financiamiento para la intermediación. La intermediación implica la…
Apr 2023
Through their loans, Multilateral Development Banks (MDBs) are key resource mobilizers. MDB lending to a sector in a country significantly increases inflows from other sources up to two years later.…
Apr 2023
A través de sus préstamos, los Bancos Multilaterales de Desarrollo (BMDs) son movilizadores clave de recursos. Los préstamos de los BMDs a un sector en un país aumentan significativamente los flujos…
Mar 2023
Using the Brazilian administrative credit registry data with the universe of all consumer loans originated by banks in the country from 2013 to 2019, we document high borrowing interest rates, which…
Mar 2023
This report is the second of two volumes which together constitute the Inter-American Development Bank's 2022 Annual Report. This report contains the management's discussion and analysis of…
Mar 2023
Este es el segundo de dos volúmenes que constituyen el Informe Anual del Banco Interamericano de Desarrollo (BID) 2022. El presente volumen contiene la discusión y análisis de la Administración:…
Mar 2023
The Annual Report contains a review of the Bank's operations in 2022 (loans, guarantees and grants). The second volume contains the full set of the financial statements of the Bank's…
Mar 2023
Le Rapport annuel contiens une analyse des opérations de la Banque en 2022 (prts, garanties et dons). Le second volume contiens les états financiers complets de la Banque.
Mar 2023
Relatório Anual contém uma análise das operaçes do Banco em 2022 (empréstimos, garantias e concesses). O segundo volume contém também o conjunto completo de declaraçes financeiras sobre os recursos…
Mar 2023
Tradicionalmente, ha sido difícil medir el rendimiento social de las actividades de la banca pública, ya que los sistemas de información contable y financiera capturan indicadores relevantes para…
Mar 2023
Monthly cash transfers delivered to vulnerable middle-income households in Colombia increase per capita income, but the effects on spending appear small and related to nonfood spending. Cash…
Mar 2023
Las transferencias monetarias mensuales entregadas a los hogares vulnerables de ingresos medios en Colombia aumentan el ingreso per cápita, pero los efectos en el gasto parecen pequeños y están…
Feb 2023
Multilateral development banks (MDBs) realize their objective of promoting sustainable development through a combination of financing (lending, guarantees) and non-financing instruments (technical…
Feb 2023
We conducted two randomized controlled trials (RCTs) to evaluate the impact of government-guaranteed loans offered by the Chilean and Colombian governments. The public funds of these programs greatly…
Feb 2023
This paper studies whether school-based financial education has spillover effects from children to parents. Leveraging data from a large-scale experiment with public high schools in Peru and credit…
Jan 2023
Debt has risen around the world, and Latin America and the Caribbean is no exception. Total debt has grown to US$5.8 trillion, or 117 percent of GDP, for the region and as much as 140 percent of GDP…