Dec 2018
Author(s): Álvarez Marinelli, Horacio; Elacqua, Gregory; López, Ángela; Piñeros, Luis; Rivera, Maria Camila
Colombia incrementó la inversión pública en educación durante la última década. Sin embargo, las fuentes de financiamiento y los mecanismos de distribución de la inversión no logran reducir las…
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): 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; 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…
Nov 2018
Author(s): Queijo Von Heideken, Virginia; Sório, Rita Elisabeth; Pérez, Marcelo
En Uruguay, hay dos temas en el campo de las políticas sociales que ponen a adolescentes y jóvenes en el centro de un activo y complejo debate. El primero remite a la necesidad de consolidar el…
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): Elacqua, Gregory
Over the last 25 years, more than two-thirds of OECD countries have increased school choice opportunities for parents. For example, in recent years, new forms of delivery like government-dependent…
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): Álvarez Marinelli, Horacio; Elacqua, Gregory; Piñeros, Luis; Rivera, Maria Camila; Santos, Humberto
El objetivo de esta nota técnica es analizar hasta qué punto el sistema educativo colombiano está cumpliendo con los objetivos fundamentales de un sistema de financiamiento de la educación:…
Aug 2018
Author(s): Bertoni, Eleonora; Elacqua, Gregory; Jaimovich, Analia; Rodríguez, Julio; Santos, Humberto
This paper contributes to the teacher sorting literature by analyzing equity in the distribution of teachers in three educational systems in Latin America, with different equalization policies,…
Aug 2018
Author(s): Bertoni, Eleonora; Elacqua, Gregory; Marotta, Luana; Martínez, Matias; Soares, Sammara; Santos, Humberto; Vegas, Emiliana
Education spending has significantly increased in Latin America and the Caribbean (LAC) over the last few decades. Most education systems in the region have improved teacher salaries, introduced…
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): Elacqua, Gregory; Hincapie, Diana; Vegas, Emiliana; Alfonso, Mariana
Este libro examina las políticas públicas que varios países de la región están poniendo en práctica para atraer, preparar y seleccionar docentes efectivos. También analiza la evolución histórica de…
Jul 2018
Author(s): Elacqua, Gregory; Hincapie, Diana; Vegas, Emiliana; Alfonso, Mariana
Este livro analisa as políticas públicas que vários países da região estão implementando para atrair, preparar e selecionar professores eficazes. Também examina a evolução histórica da profissão…