Aug 2019
Author(s): Ardanaz, Martín; Hallerberg, Mark; Scartascini, Carlos
Do voters punish governments that introduce fiscal “austerity” measures? If so, does voter response vary according to the design (composition) of fiscal adjustments? What determines the timing of…
Jul 2019
Author(s): Ardanaz, Martín; Cavallo, Eduardo A.; Izquierdo, Alejandro; Puig, Jorge
Fiscal adjustment episodes tend to be accompanied by large public investment cuts, contributing to the well-documented pro-cyclical bias in public capital expenditures. We study patterns of public…
Apr 2019
Author(s): Díaz Cassou, Javier; Ruiz-Arranz, Marta
Tras la crisis financiera que experimentó a finales del siglo pasado, la economía ecuatoriana entró en una prolongada etapa de crecimiento con estabilidad que tiene pocos precedentes en la historia…
Feb 2019
Author(s): Giles Álvarez, Laura; Waithe, Kimberly; Deyal, Zubin
The concepts of economic growth, public debt, and the government’s fiscal balance are strongly intertwined. In Barbados, low growth and recurring fiscal deficits have led to rapid accumulation of…
Dec 2017
Author(s): Blenman, Shamar; Khadan, Jeetendra; Wenner, Mark D.; Bollers, Elton; Waithe, Kimberly; Wright, Allan; Schmid, Juan Pedro
This Caribbean Region Quarterly Bulletin looks at the year in review. 2017 has been a mixed year for the countries of the Caribbean Country Department of the IDB. While The Bahamas, Barbados and…
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…