Apr 2015
Author(s): Schmid, Juan Pedro
The worldwide fight against money laundering (AML) is escalating. Individuals and businesses that conduct and depend on legitimate international financial transactions are feeling the impact of…
Feb 2015
Author(s): Avellán, Leopoldo; Vuletin, Guillermo
Government spending in the developing world has historically been procyclical. Traditional explanations for this have mostly revolved around the explicit or implicit notion that fiscal procyclicality…
Jan 2015
Author(s): Khan, Sarosh R.
After a long period of stagnating prices, the global bauxite market is experiencing changes which are expected to drive prices higher. To a large extent, these changes are driven by increasing demand…
Jan 2015
Author(s): Borensztein, Eduardo; Hernaiz, Daniel; Pineda, Emilio; Rasteletti, Alejandro
Este documento analiza el patrón de intervenciones en el mercado cambiario y el costo de esterilización en un conjunto de economías seleccionadas. En un contexto de grandes y frecuentes entradas de…
Dec 2014
Author(s): Schmid, Juan Pedro; Malcolm, Xavier
This brief presents simulations of an Ebola scare in the Caribbean, including three highly tourism-dependent economies, The Bahamas, Barbados, and Jamaica. On the basis of the experience of Mexico in…
Nov 2014
Author(s): Khan, Sarosh R.; Ruprah, Inder J.
Given that the Caribbean region remains open to external vulnerabilities, fiscal policy is a critical tool in managing debt sustainability. But since fiscal outcomes have been persistently poor in…
Oct 2014
Author(s): Beuermann, Diether; Ruprah, Inder J.; Sierra, Ricardo
This policy brief answers three main questions for the Jamaican economy: (a) Do remittances act as a safety net during negative health shocks? (b) Are remittances subject to moral hazard by receivers…
Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
There is growing evidence that individual responses to public policies are, to a large extent, mediated by the way the policies are framed, by people's cognitive and computational capabilities,…
Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
Hay creciente evidencia de que las respuestas individuales a las políticas públicas están, en gran medida, mediatizadas por la manera en que se formulan las políticas, por las capacidades cognitivas…
Sep 2014
Author(s): Carrera-Marquis, Daniela
Adequate financial markets are fundamental to sustainable development. Accurate capital allocation requires return on investment incorporates the social and environmental variables impacting,…
Aug 2014
Author(s): Ruprah, Inder J.; Sierra, Ricardo
About 29 percent of teenagers are bullied at school in the Caribbean. Victims of bullying are more lonely, sleep less, and have fewer friends than do their nonbullied peers. Although victims of…
Aug 2014
Author(s): Navarro, Lucas
This paper uses administrative data from projects for which an application was made to CORFO's (Chile's main development agency) Seed Capital Program (SCP) during the 2008-12 period. This…
Aug 2014
Author(s): Mercer-Blackman, Valerie; Salazni, Mariana
Are output changes and the unemployment rate related in Trinidad and Tobago? According to the economic theory known as Okun's Law, the two variables should be negatively correlated, and for the…
Jul 2014
Author(s): Attzs, Marlene; Maharaj, Malini; Boodhan, Gopiechand
Although the Caribbean region relies heavily on its natural assets as sources of income, generally for tourism and in particular cases from agriculture and energy, environmental taxes in the region…
Jul 2014
Author(s): Pinto, Diana M.; Ibarrarán, Pablo; Stampini, Marco; Carman, Katherine Grace; Guanais, Frederico C.; Luoto, Jill; Sánchez, Mario; Cali, Jonathan
This technical note discusses how behavioral economics insights can be used to enhance the design of health interventions, with emphasis on those addressing non-communicable diseases, by promoting…
Jul 2014
Author(s): Pinto, Diana M.; Ibarrarán, Pablo; Stampini, Marco; Carman, Katherine Grace; Guanais, Frederico C.; Luoto, Jill; Sánchez, Mario; Cali, Jonathan
Esta publicación discute como utilizar los principios de la economía del comportamiento para mejorar el diseño de las intervenciones de salud ¿especialmente las relacionadas con enfermedades no…
Jul 2014
Author(s): Franco, Maria; Scartascini, Carlos
Most policy analyses and academic papers deal with finding the combination of policies that may bring about the best development outcomes. However, in the long run, it is the features of public…
Jul 2014
Author(s): Franco, Maria; Scartascini, Carlos
La mayoría de análisis de las políticas y documentos académicos tratan de cómo encontrar la combinación de políticas que puedan arrojar los mejores resultados para el desarrollo. Sin embargo, a…
Jul 2014
Author(s): Pousadela, Inés M.
As crime has become a serious cause of concern in most of Latin America, the "nothing works" era in criminal justice has given way to a shift towards evidence-based crime prevention in…
Jun 2014
Author(s): Quijada, José Alejandro; Sierra, José David
A pesar de contar con altos niveles de inversión, Honduras presentabajos niveles de crecimiento. Esto puede deberse a limitaciones de
orden productivo. A partir de la metodología de…