Feb 2019
Author(s): Salazar, Mónica; Guillard, Charlotte; Crespi, Gustavo
Policymakers need statistics and indicators to diagnose the situation of the sector or issue at stake and then propose policies and programs based on evidence, and to monitor and evaluate public…
Feb 2019
Author(s): Crespi, Gustavo; Figal Garone, Lucas; Maffioli, Alessandro; Stein, Ernesto H.
This paper estimates the direct and spillover effects of two matching grants schemes designed to promote firm-level research and development (R&D) investment in Chile on firm productivity.…
Dec 2018
Author(s): Zahler, Andrés; Goya, Daniel; Caamaño, Matías
We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation, and regulatory barriers) on firm level innovation inputs and outputs. Using a…
Dec 2018
Author(s): Umaña, Víctor
La actual publicación consiste en un análisis exhaustivo de la competitividad de los servicios digitales en El Salvador, con el fin de trazar una ruta para impulsar acciones dirigidas a promover su…
Dec 2018
Author(s): Demaestri, Edgardo C.; Moskovits, Cynthia; Chiara, Jimena
This paper discusses the main issues concerning sovereign fiscal and financial risks from public–private partnerships (PPPs) with a focus on contingent liabilities (CLs). It is based on the…
Dec 2018
Author(s): Schmid, Juan Pedro; Schwartz, Moises; Zegarra, Maria Alejandra; Wright, Allan; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Bollers, Elton; Mooney, Henry; Khadan, Jeetendra; Smets, Lodewijk
The divergence in the development of the countries that correspond to the Inter-American Development Bank’s Caribbean Country Department and the Organisation of Eastern Caribbean States (OECS)…
Dec 2018
Author(s): Schmid, Juan Pedro; Waithe, Kimberly; Lorde, Kishmar
The Barbados economy has been challenged over the last decade by elevated fiscal deficits and a rapid build-up in debt. While the country has made efforts to address this challenge through revenue…
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…
Oct 2018
Author(s): Suescún, Rodrigo
This paper describes the FMM-MTFF model, a dynamic stochastic general equilibrium model developed by the Fiscal Management Division (FMM) of the Inter-American Development Bank (IDB) to support the…
Oct 2018
Author(s): Pessino, Carola; Izquierdo, Alejandro; Vuletin, Guillermo
Public spending has climbed in Latin America and the Caribbean. Riding a commodity windfall and low interest rates, many governments in the region tried to spend their way into the future.…
Sep 2018
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Schwartz, Moises; Waithe, Kimberly; Deyal, Zubin; Gauto, Victor
While countries in the Caribbean are highly diverse, several common development challenges emerge, including weak fiscal institutions, crime and violence, a sluggish private sector, weak productive…
Sep 2018
Author(s): Beuermann, Diether; Schwartz, Moises; Schmid, Juan Pedro; Dippel, Christian; Schmidt-Hebbel, Klaus; Khadan, Jeetendra; Pecha, Camilo; Fajgenbaum, Jose; Loser, Claudio; Wright, Allan; Waithe, Kimberly; Bollers, Elton; Bonnett, Kevin; Wenner, Mark D.; Mejia, Camila; Mooney, Henry; Smets, Lodewijk
The book explores the historical development and status of political and economic institutions in The Caribbean. The Caribbean institutional reality is studied vis-à-vis best international practices…
Sep 2018
Author(s): Wenner, Mark D.; Deopersad, Chitralekha; Saghir, Lynn; Mejia, Camila; Gischler, Christiaan; Pavon, Fernando; Payne, Dana; Pecha, Camilo; Beepath, Vasu; Marray, Amanda
The first edition of The Next Wave magazine is meant to feature how the Caribbean Country Department is dedicated to creating vibrant and resilient economies in the Caribbean and how it is focused on…
Sep 2018
Author(s): Luzardo, Alejandra; Gasca, Leticia
In order to learn how a creative entrepreneurship can flourish in Latin America and the Caribbean, first it is necessary to know the talent that will develop the projects. Launching an Orange Future…
Sep 2018
Author(s): Luzardo, Alejandra; Gasca, Leticia
Para saber cómo puede florecer el emprendimiento creativo en América Latina y el Caribe, primero es necesario conocer al talento que desarrolla los proyectos. En Emprender un Futuro Naranja no solo…
Aug 2018
Author(s): Smets, Lodewijk
Policies are not designed and implemented by a social planner but are determined through a political process, based on the policymakers' preferences, beliefs and the constraints provided by…
Aug 2018
Author(s): Hernaiz, Daniel; Miller, Sebastián J.; Pedroni, Peter
A number of policy discussions in macroeconomics have to do with the impact of commodity price fluctuations on fiscal policy in commodity exporting countries. Commodity price movements, however, have…
Aug 2018
Author(s): López-Martín, Bernabé; Ramírez de Aguilar, Alberto; Samano, Daniel
We exploit a hidden Markov model where inflation is determined by government deficits financed through money creation and/or by destabilizing expectations dynamics (expectations can potentially…
Aug 2018
Author(s): Panadeiros, Monica; Pessino, Carola
El envejecimiento poblacional que caracterizará la evolución demográfica de los países latinoamericanos en las próximas décadas es probable que vaya acompañado de presiones para incrementar el gasto…
Jul 2018
Author(s): Basco, Ana Inés; Beliz, Gustavo; Coatz, Diego; Garnero, Paula
La economía global transita una nueva fase que se caracteriza por la digitalización y la conectividad. “INDUSTRIA 4.0. Fabricando el Futuro” explora los impactos de la denominada Cuarta Revolución…