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Date issued:
9月 2026
In Guatemala, it is common to find firewood burning in household kitchens, a reality that is widespread across Latin America and the Caribbean, where millions of people still rely on biomass for…
Date issued:
9月 2026
En Guatemala es común encontrar leña ardiendo en las cocinas domésticas, una realidad extendida en América Latina y el Caribe, donde millones de personas aún dependen de biomasa para cocinar. Esta…
Date issued:
9月 2026
Cryptography underpins much of the infrastructure that every digital system in the world - including countries in Latin America and the Caribbean - depends on today: bank transfers, government…
Date issued:
9月 2026
La criptografía sustenta gran parte de la infraestructura de la que dependen hoy en día todos los sistemas digitales del mundo, incluidos los de América Latina y el Caribe: transferencias bancarias,…
Date issued:
9月 2026
Chile cuenta con uno de los sistemas bancarios más profundos de América Latina, pero persisten restricciones relevantes de acceso al crédito para una parte del sector empresarial, especialmente entre…
Date issued:
9月 2026
Financial development is central to growth because it mobilizes savings, allocates capital, and supports investment and productivity. This paper asks why Uruguay combines an ample deposit base with…
Date issued:
9月 2026
Pix represented one of the most profound transformations of Brazil's payment system by introducing a low-cost, interoperable, and public instant payment infrastructure available nationwide in…
Date issued:
9月 2026
Si bien existe amplia evidencia de que la profundización financiera puede fortalecer las condiciones económicas y sociales, sus efectos positivos serán posibles solo en el marco de un sistema…
Date issued:
9月 2026
As Argentina has been unable to embark on a sustainable GDP growth process for several decades now, the development of the banking system presents itself as a plausible policy goal to unleash the…
Date issued:
9月 2026
Generative AI enabled
Generative AI enabled
This paper studies how sovereign default risk shapes public investment in climate adaptation. We build a sovereign default model in which governments invest in adaptation to reduce disaster damages.…