Fiscal Councils: Evidence, Common Features and Lessons for the Caribbean
Nov 2018
Author(s): Mooney, Henry;Wright, Allan;Grenade, Kari
Fiscal councils are among the most recent innovations in terms of the architecture of fiscal institutions. This paper provides an overview of the history and evolution of these institutions, research…
Debt, fiscal adjustment, and economic growth in Jamaica
Jan 2016
Author(s): Schmid, Juan Pedro;Malcolm, Xavier
The buildup of debt in Jamaica has been concurrent with the country's sloweconomic growth, and the issues are intertwined. High debt slows economic
growth, and slow economic growth makes…
Entrepreneurship Policy and Firm Performance: Chile's CORFO Seed Capital Program
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…
Laments of the Caribbean Businessperson are Based on Facts?
Nov 2013
Author(s): Ruprah, Inder J.;Sierra, Ricardo
In this policy brief, we review the laments of Caribbean businesspersons. We find that subjective perceptions are rooted in an objective reality. Businesspersons do not complain gratuitously.…
Structural Reforms in Brazil: Progress and Unfinished Agenda
May 2012
Author(s): Ter-Minassian, Teresa
This paper discusses Brazil's structural reforms since the 1990s and areas where work remains to be done. Reforms of the 1990s included the containment of inflation, the adoption of a…
Structural Transformation in Ecuador
Apr 2010
Author(s): Hausmann, Ricardo;Klinger, Bailey
This paper applies new techniques and metrics to analyze Ecuador's past record of and future opportunities for structural transformation. Ecuador's export dynamics and the emergence of new…