What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth. Included are case studies from seven...

Latin American experts demonstrate how market-friendly measures in key policy areas can promote greater equity and efficiency. By identifying win-win strategies, the authors challenge the conventional wisdom that there is always a tradeoff between these two objectives. This volume shows how...

El Informe de 1997 examina las fuerzas complejas que le han dado forma al proceso de reformas y analiza los retos de mantener un crecimiento económico sostenible, de la prevención de inestabilidad, las mejoras de la distribución del ingreso y la participación en la toma de decisiones...

In Justice Delayed, leading authorities on law and economics from Latin America and the United States analyze the problems of Latin America's judicial sector and propose strategies for solving them.Abstract: Este libro recoge los trabajos presentados en la Segunda Conferencia sobre Justicia y...

Latin America in the 1990s remains the most unequal region in the world in terms of income distribution. Yet because of its changing demographics -declining fertility rates and large number of young people entering the workforce- the region now has a unique window of opportunity to reduce the...

Towards a Sustainable and Efficient State: The Development Agenda of Belize represents a tangible expression of the Inter-American Development Bank's commitment to generating knowledge as part of its assistance to its borrowing member countries and illustrates the Bank's willingness to accompany...

Este volumen contiene los anales de un seminario sobre modernización de las finanzas municipales. En el seminario se discutieron e intercambiaron experiencias sobre las políticas que los gobiernos centrales pueden adoptar para que la descentralización proporcione los beneficios que se le...

In this book, policymakers, academics and market practitioners exchange views on the current economic situation, appropriate financial regulatory and supervisory standards, design of financial market institutions, and efficient safety nets for banks and other financial institutions. This volume...