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Date issued:
Jan 2003
Generative AI enabled
Institutional and legal differences between countries increase entry costs and reduce the ability of banks to expand abroad. We use bilateral foreign banking data for 176 countries to estimate a…
Date issued:
Jan 2003
Generative AI enabled
Some key criteria in the optimal currency area literature are that countries should join a currency union if they have closer international trade links and more symmetric business cycles. However,…
Date issued:
Jan 2003
Generative AI enabled
In this paper, we examine how the business and interest rate cycles in developed countries affect FDI to developing countries. After aggregating flows into three big source areas (the U.S., Europe…
Date issued:
Jan 2003
Generative AI enabled
This book looks at the key issues and lessons that policymakers must consider in designing an adequate framework for dealing with financial crises. These include structural problems and their causes…
Date issued:
Jan 2003
Generative AI enabled
This book analyzes the status of the markets in Latin America and identifies the technical, political, and financial challenges to building vibrant capital markets and increasing the efficiency…
Date issued:
Jan 2003
Generative AI enabled
This book is based on a conference entitled "Regional Public Goods and Regional Development Assistance", held in Washington, D.C. on November 6-7, 2002. It examines how the IDB and the ADB…
Date issued:
Jan 2003
Generative AI enabled
The aim of this book is to provide policymakers in Latin America with the stylized facts of what works and what does not in decentralization policies and schemes, based on analysis of the recent…
Date issued:
Jan 2003
This paper analyzes budgetary institutions, the tax system and public debt management in Jamaica. It explores the nature of budget institutions and design, beyond formal administrative or budgetary…
Date issued:
Jan 2003
Generative AI enabled
Escaping the Poverty Trap proposes early childhood investment policies that could decisively change the prospects for the next generation of the region's poor. Contributors include Nobel…
Date issued:
Jan 2003
In this book, the United Nations Economic Commission for Latin America and the Caribbean draws upon the Latin American and Caribbean region's experience in order to formulate a historical and…