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Date issued: dec 2023
Author(s): Busso, Matías;Montaño, Sebastián;Muñoz-Morales, Juan S.

In Colombia, college graduates who earn a national distinction award for top performance in a mandatory exit exam receive a 7 to 12 percent higher salary compared to peers without the award. This…

Date issued: dec 2023
Author(s): Busso, Matías;Montaño, Sebastián;Muñoz-Morales, Juan S.

En Colombia, los graduados de la universidad que reciben un premio de distinción nacional por los mejores resultados en un examen obligatorio de fin de estudios ganan un salario entre un 7% y un 12%…

Date issued: dec 2023
Author(s): Suominen, Kati

E-commerce has boomed around the world, creating new opportunities for firms in the Southern Cone region to reach new customers, diversify their export markets, and grow their sales. E-commerce…

Date issued: dec 2023
Author(s): Pimenta, Carlos;Zaltsman, Ariel;Lora, Oscar;Arana, Roberto

Esta nota de política busca cerrar parte de la brecha de conocimiento sobre el estado actual y principales desafíos de la implementación del PpR en la región. Para cumplir con este objetivo, el Banco…

Date issued: dec 2023
Author(s): Avellán, Leopoldo;Brito, Steve

Latin America and the Caribbean are facing challenging times due to a combination of worsening development gaps and limited fiscal space to address them. Furthermore, the region is contending with an…

Date issued: dec 2023 Generative AI enabled
Author(s): Parrado, Eric;Heresi, Rodrigo

Singapore's unique monetary policy consists of a managed exchange rate framework that can be characterized as a Taylor-like reaction function with the nominal devaluation rate instead of the…

Date issued: dec 2023 Generative AI enabled
Author(s): Parrado, Eric

This paper introduces a novel monetary policy framework where the exchange rate becomes the central instrument. Using Singapore as a case study, it explores the Monetary Authority's adoption of…

Date issued: dec 2023
Author(s): Inter-American Development Bank

Inter-American Development Bank (IDB) President's Report 2023. President Goldfajn reviews the achievements of the IDB Group and looks ahead to 2024.

Date issued: dec 2023
Author(s): Banco Interamericano de Desarrollo

Informe del presidente del Banco Interamericano de Desarrollo (BID) 2023. El presidente Goldfajn revisa los logros del Grupo BID y mira hacia 2024.

Date issued: dec 2023 Generative AI enabled
Author(s): Elacqua, Gregory;Figueroa, Nicolas;Fontaine, Andrés;Margitic, Juan Francisco;Méndez, Carolina

Due to an unprecedented rise in demand, in 2020 the Peruvian Ministry of Education implemented a centralized assignment mechanism that allowed thousands of students at various levels of education to…