Dec 2015
Author(s): Demaestri, Edgardo C.; Moskovits, Cynthia
Sovereign contingent liabilities materialize when uncertain future events, which are largely beyond the State's control, occur. They can represent a significant burden for public finances and…
Dec 2015
Author(s): Demaestri, Edgardo C.; Moskovits, Cynthia
Los pasivos contingentes soberanos "aquellos cuya materialización depende de la ocurrencia de eventos futuros inciertos, en mayor o menor medida fuera del control del Estado" pueden…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Much attention has been devoted to how much infrastructure investment LAC needs. Less attention has been devoted to where that investment comes from. This report examines how much LAC invests in…
Nov 2015
Author(s): Serebrisky, Tomás; Suárez-Alemán, Ancor; Margot, Diego; Ramirez, Maria Cecilia
Durante las últimas décadas se ha prestado especial atención a cuánto es necesario invertir en infraestructura en América Latina y el Caribe (ALC). Sin embargo, no ha ocurrido lo mismo en relación al…
Nov 2015
Author(s): Libertun de Duren, Nora Ruth; Guerrero Compeán, Roberto
This paper finds that per capita municipal spending on public services is strongly and non-linearly correlated to urban population density. Optimal expenditure levels for municipal services are…
Nov 2015
Author(s): Garsous, Grégoire; Corderi, David; Velasco, Mercedes
In recent decades, a significant number of developing countries have implemented fiscal incentives programs for the tourism industry as part of their regional development policies. The main objective…
Oct 2015
Author(s): O'Brien, Cherran; Thomas, Chrystol; Wenner, Mark D.; Schmid, Juan Pedro; Gomez Osorio, Camilo; Khadan, Jeetendra
The Caribbean Region Quarterly Bulletin discusses recent economic developments in the 6 IDB-member Caribbean countries, as well as the Organization of Eastern Caribbean States (OECS). The countries…
Oct 2015
Author(s): O'Brien, Cherran; Thomas, Chrystol; Wenner, Mark D.; Schmid, Juan Pedro; Gomez Osorio, Camilo; Khadan, Jeetendra
The Caribbean Region Quarterly Bulletin discusses recent economic developments in the 6 IDB-member Caribbean countries, as well as the Organization of Eastern Caribbean States (OECS). The countries…
Sep 2015
Author(s): Hallerberg, Mark; Scartascini, Carlos
This paper examines whether elections, which are generally held on fixed dates, and banking crises explain the timing of tax reforms and the allocation of the additional tax burden. Using an…
Aug 2015
Author(s): Musacchio, Aldo; Pineda, Emilio; García, Gustavo A.
This paper examines the challenges governments in Latin America face to control their state-owned enterprises (SOEs). It argues that, absent privatization, governments can rely on a variety of…
Jul 2015
Author(s): García-Cicco, Javier; Kawamura, Enrique
This paper evaluates from a welfare perspective three policy alternatives for dealing with Dutch disease problems originating from cyclical movements in commodity prices: fiscal rules for government…
Jul 2015
Author(s): Reyes-Tagle, Gerardo; Tejada, Mikel
Honduras has expanded its public-private partnership portfolio considerably since passing the PPP law in 2010, but concerns remain about their institutional and regulatory capabilities even in the…
Jul 2015
Author(s): Reyes-Tagle, Gerardo; Tejada, Mikel
Honduras ha ampliado su cartera de asociaciones público-privada considerablemente desde la aprobación de la ley de APP en 2010. No obstante, existen ciertas limitaciones en la capacidad institucional…
Jun 2015
Author(s): Ardanaz, Martín; Gonzales, Alberto; Tolsa Caballero, Nuria
The database allows estimating structural fiscal balances for 20 countries in the region under different assumptions regarding the output gap and commodity structural prices. It is a unique database…
Jun 2015
Author(s): Ardanaz, Martín; Corbacho, Ana; Gonzales, Alberto; Tolsa Caballero, Nuria
Over the past decade, an increasing number of countries have began anchoring their fiscal policy frameworks in terms of rules that target the cyclically adjusted or structural (as opposed to actual)…
May 2015
Author(s): Stone, Leslie F.; Soriano, Alejandro; Azuara Herrera, Oliver; Roseth, Benjamin; Maciel, Odette; Mendieta Umaña, Maria Paula; Churanek, Danya; Morales, Carlos; Beltrán, Víctor; Corrales, Maria Elena; Di Tata, Juan Carlos; Gonzalez, Ángela; Nieves, Isabel; Ramos, Johanna; Sadeghi, Patricia
This document presents an evaluation by the Office of Evaluation and Oversight (OVE) of the Country Program of the Inter-American Development Bank (IDB, or the Bank) with Colombia over the period…
May 2015
Author(s): Stone, Leslie F.; Soriano, Alejandro; Azuara Herrera, Oliver; Roseth, Benjamin; Maciel, Odette; Mendieta Umaña, Maria Paula; Churanek, Danya; Morales, Carlos; Beltrán, Víctor; Corrales, Maria Elena; Di Tata, Juan Carlos; Gonzalez, Ángela; Nieves, Isabel; Ramos, Johanna; Sadeghi, Patricia
En este documento se presenta una evaluación de la Oficina de Evaluación y Supervisión (OVE) del Programa de País del Banco Interamericano de Desarrollo (BID o el Banco) con Colombia durante el…
Apr 2015
Author(s): Espino, Emilio; González Rozada, Martín
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin American countries: Brazil, Chile and Mexico, studying a small open economy in the…
Apr 2015
Author(s): Artana, Daniel; Templado, Ivana
La evaluación de los incentivos fiscales a la inversión en países latinoamericanos es escasa. En este trabajo se utilizan microdatos para analizar la eficacia de los incentivos a empresas radicadas…
Mar 2015
Author(s): O'Brien, Cherran; Thomas, Chrystol; Wenner, Mark D.; Gomez Osorio, Camilo; Khadan, Jeetendra; Dukharan, Marla; Malcolm, Xavier; Salazni, Mariana; Schmid, Juan Pedro
The Caribbean Region Quarterly Bulletin discusses recent economic developments in the 6 IDB-member Caribbean countries, as well as the Organization of Eastern Caribbean States (OECS). Being the first…