Feb 2019
Author(s): Inter-American Development Bank (IDB); BID Invest; IDB Lab
The IDB Group in the Central America Isthmus and the Dominican Republic - Activities Report 2018.
Jan 2019
Author(s): Cicowiez, Martin; Filippo, Agustín
This document presents the group of simulations related to “Government and Institutional Capacity”, and analyzes the results for both the CGE model and the microsimulation model. In a companion…
Jan 2019
Author(s): Cicowiez, Martin; Filippo, Agustín
This document presents the group of simulations related to “Macroeconomic Shocks”, and analyzes the results for both the CGE model and the microsimulation model. In a companion document, we provide a…
Jan 2019
Author(s): Cicowiez, Martin; Filippo, Agustín
This document presents the group of simulations related to “Human Development”, and analyzes the results for both the CGE model and the microsimulation model. In a companion document, we provide a…
Jan 2019
Author(s): Cicowiez, Martin; Filippo, Agustín
This document presents the group of simulations related to “Production and Productive Sectors”, and analyzes the results for both the CGE model and the microsimulation model. In a companion document…
Jan 2019
Author(s): Astudillo, Jhonatan A.; Linares, Jennifer; Manzano, Osmel; López, Arnoldo; Ruiz-Arranz, Marta; Garcimartín, Carlos; Ochoa, Elizabeth; Pagliacci, Carolina; Martínez, André; Solorzano, José
This report describes the current situation of the region of Central America and the Dominican Republic and its outlook for 2019. It also analyzes the recent reduction in the food price pattern and…
Jan 2019
Author(s): Astudillo, Jhonatan A.; Linares, Jennifer; Manzano, Osmel; López, Arnoldo; Ruiz-Arranz, Marta; Garcimartín, Carlos; Ochoa, Elizabeth; Pagliacci, Carolina; Martínez, André; Solorzano, José
Este reporte describe la coyuntura que está viviendo la región de Centroamérica y República Dominicana y su perspectiva para 2019. Además, analiza la reducción reciente en el patrón de precios de los…
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…
Nov 2018
Author(s): Ruiz Arranz, Marta; Díaz Cassou, Javier
Una vez superada la crisis financiera de finales del siglo pasado, Ecuador se adentró en una prolongada etapa de crecimiento económico que permitió reducir la incidencia de la pobreza a mínimos…
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): Pierola, Martha Denisse; Lucenti, Krista; Li, Kun; Harris, Jeremy; De Four, Takiyah
Trade is key for growth, especially in small countries like Barbados—it helps them achieve economies of scale that otherwise would not exist. In recent years, Barbados’ trade performance has been…
Sep 2018
Author(s): Corral, Leonardo; Schling, Maja
This paper presents the first rigorous empirical evidence of the impact of a large hydrocarbon project in both its economic and environmental dimension. Concentrating on Peru’s largest hydrocarbon…
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): Monge-González, Ricardo
Costa Rica es un país que ha logrado una transformación productiva importante de su economía, así como un razonable crecimiento económico durante las últimas tres décadas mediante políticas de…