Feb 2022
Author(s): Avellán, Leopoldo;Galindo, Arturo;Lotti, Giulia;Rodríguez Bonilla, Juan Pablo
We explore how Multilateral Development Banks (MDBs) can help to fill a large infrastructure financing gap in developing countries by indirectly mobilizing resources from other entities. The analysis…
Jan 2022
Author(s): Galizia, Federico;Perraudin, William;Powell, Andrew;Turner, Timothy
La transferencia de riesgo se refiere a un conjunto de técnicas que permiten a los Bancos Multilaterales de Desarrollo (BMDs) transferir riesgos de su balance, liberando espacio para más préstamos a…
Jan 2022
Author(s): Galizia, Federico;Perraudin, William;Powell, Andrew;Turner, Timothy
La transferencia de riesgo se refiere a un conjunto de técnicas que permiten a los Bancos Multilaterales de Desarrollo (BMDs) transferir riesgos de su balance, liberando espacio para más préstamos a…
Nov 2021
Author(s): Galizia, Federico;Perraudin, William;Powell, Andrew;Turner, Timothy
Long-term development finance provided by Multilateral Development Banks (MDBs) is key to advancing the United Nations 2015 Sustainable Development Goals. However, MDBs are constrained in their…
Jul 2020
Author(s): Conesa, Marina;Lotti, Giulia;Powell, Andrew
Theory suggests both resilience and fragility in banking networks. This paper finds both, exploiting a new database of cross-border syndicated lending to developing countries from 1993 to 2017.…
Aug 2019
Author(s): Fernández-Arias, Eduardo;Hausmann, Ricardo;Panizza, Ugo
The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be…
Sep 2018
Author(s): Ketterer, Juan Antonio;Powell, Andrew
Infrastructure financing “gaps” remain large but institutional investors maintain trillions of dollars in low yielding government bonds. One of the G20’s 2018 priorities has been to develop…
Jul 2016
Author(s): Perraudin, William;Powell, Andrew;Yang, Peng
This paper analyzes influences on the credit standing of Multilateral Development Banks (MDBs), specifically the quality, diversification and single name concentration of their portfolios, and on the…
Nov 2015
Author(s): Noy, Ilan;Cavallo, Eduardo A.;Becerra, Oscar
Using reduced-form regression models, this paper shows that average predicted private saving rates in Latin America and the Caribbean (LAC) are significantly lower than in other regions, particularly…
Nov 2015
Author(s): Ortega, Daniel;Scartascini, Carlos
There is an ample literature on the determinants of tax compliance. Several field experiments have evaluated the effect and comparative relevance of sending deterrence and moral suasion messages to…
Oct 2015
Author(s): Wilson, Riley;Miller, Sebastián J.
Growing vehicle use and congestion externalities have led many to consider alternative congestion pricing mechanisms, as road pricing often has high infrastructural costs and faces public opposition…
Mar 2015
Author(s): Bonomo, Marco;Brito, Ricardo;Martins, Bruno
Government-driven credit played an important role in countervailing the private credit crunch in Brazil during the recent financial crisis. However, government credit concessions continued to expand…
Jan 2014
Author(s): Inter American Development Bank
An estimated 42 percent of homes in Costa Rica are in need of repair, expansion, or some other improvement, and nearly a quarter ofthose deficient dwellings are so dilapidated as to represent an…
Jan 2014
Author(s): Banco Interamericano de Desarrollo
Se estima que el 42% de los hogares en Costa Rica necesitan reparaciones, ampliaciones u otro tipo de mejoras y que casi la cuarta parte de esas viviendas en estado deficiente están tan deterioradas…
Jan 2014
Author(s): Inter American Development Bank
More than two-thirds of BOP Salvadorian homeowners lack access to financing to finish construction, make repairs, connect to basic services, or formalize their tenure. Many live in unhealthy and…
Jan 2014
Author(s): Banco Interamericano de Desarrollo
Más de dos tercios de los propietarios de vivienda en El Salvador que viven en casas con necesidad de reparación carecen de acceso a financiamiento para concluir la construcción, efectuar mejoras,…
Jan 2014
Author(s): Inter American Development Bank
Microenterprises and small businesses account for more than 90 percent of companies and jobs in Ecuador, yet these entrepreneurs have little access to credit or financial services. Only about 12…
Jan 2014
Author(s): Banco Interamericano de Desarrollo
Aunque las micro y pequeñas empresas representan más del 90% de las empresas en Ecuador, estos empresarios tienen un reducido acceso a servicios financieros. Apenas un 12% del crédito formal se…
Jan 2014
Author(s): Inter American Development Bank
Almost 90 percent of adult Colombians have never had access to credit from a formal financial institution. Public employees like police officers, teachers, soldiers, and clerks encounter difficulties…
Jan 2014
Author(s): Banco Interamericano de Desarrollo
A pesar de los esfuerzos del gobierno, el 33 por ciento de los colombianos mayores de 18 años aún no tiene acceso al crédito formal. Incluso alos empleados públicos formales como policías, maestros y…