Dec 2018
Author(s): Scholl, Lynn; Martínez, Daniel; Mitnik, Oscar A.; Oviedo, Daniel; Yáñez-Pagans, Patricia
Despite the growing interest in and proliferation of Bus Rapid Transit (BRT) systems around the world, their causal impacts on labor market outcomes remain unexplored. Reduced travel times for those…
Dec 2018
Author(s): Martínez, Daniel; Mitnik, Oscar A.; Salgado, Edgar; Scholl, Lynn; Yañez, Patricia
Limited access to safe transportation is one of the greatest challenges to labor force participation faced by women in developing countries. This paper quantifies the causal impacts of improved urban…
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…
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): Inter-American Development Bank (IDB); IDB Invest; Multilateral Investment Fund
The Development Effectiveness Overview (DEO) is an annual report produced by the IDBG to show the results and impact of its work in Latin America and the Caribbean. It reports on the IDBG's…
Sep 2018
Author(s): Banco Interamericano de Desarrollo (BID); IDB Invest; Fondo Multilateral de Inversiones
El Panorama de la Efectividad en el Desarrollo (DEO por sus siglas en inglés) es el informe anual del Grupo BID que muestra los resultados e impactos de su trabajo en América Latina y el Caribe.…
Sep 2018
Author(s): Inter-American Development Bank (IDB); IDB Invest; Multilateral Investment Fund
The summary of the Development Effectiveness Overview (DEO) presents the main takeaways of the DEO, which is the Inter-American Development Bank's annual report about the results and impact of…
Sep 2018
Author(s): Banco Interamericano de Desarrollo (BID); IDB Invest; Fondo Multilateral de Inversiones
El resumen del Panorama para la Efectividad en el Desarrollo (DEO por sus siglas en inglés) presenta los mensajes principales del DEO que es el informe anual del Banco Interamericano de Desarrollo (…
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): Maffioli, Alessandro; Mullally, Conner
Management is an important input into agricultural production, as it a determinant of the uptake and proper implementation of productive technologies and practices. While there is a large literature…
Jul 2018
Author(s): Maffioli, Alessandro; Mullally, Conner
La gestión es un factor importante para la producción agrícola, ya que es determinante para la adopción y la implementación adecuada de tecnologías y prácticas productivas. Si bien hay una gran…