A segunda edição da série Instituições para o Povo mostra os bancos públicos de desenvolvimento da América Latina e do Caribe frente a um novo paradigma.Nos seis capítulos que compõem o estudo, o tema dos bancos públicos de desenvolvimento é abordado a partir de uma perspectiva...

In recent years, microfinance has greatly expanded the outreach of the financial system to millions of households in the Latin American and Caribbean region. The purpose of this report is to offer an updated snapshot of access to financial services in the region. The approach is two-fold. In the...

This working paper analyzes the topics that usually arise from systematic reviews of poverty reduction programs programs and initiates a discussion about them. All evaluations included in the review have a control group and use the rigorous statistical methodologies (randomization or...

This working paper is being published with the sole objective of contributing to the debate of a topic of importance to the region, and to elicit comments and suggestions from interested parties.

A segunda edição da série Instituições para o Povo mostra os bancos públicos de desenvolvimento da América Latina e do Caribe frente a um novo paradigma.Nos seis capítulos que compõem o estudo, o tema dos bancos públicos de desenvolvimento é abordado a partir de uma perspectiva...

The second publication in the series "Institutions for People" focuses on the public development banks of Latin America and the Caribbean as they enter a new paradigm. In the last 10 to 15 years, these institutions have made considerable progress in the region towards fulfilling their undoubted...

The second publication in the series "Institutions for People" focuses on the public development banks of Latin America and the Caribbean as they enter a new paradigm. In the last 10 to 15 years, these institutions have made considerable progress in the region towards fulfilling their undoubted...

This paper analyzes five Productive Development Policies (PDPs) implemented in Costa Rica, finding that they are not optimally addressing market failures. Moreover, government failures rather than market failures represent the main justification for PDPs. Even in the presence of market failures,...

This paper surveys the recent literature on fiscal sustainability, with particular emphasis on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal...

Migration, while certainly not new, is on the increase all over the world. Indeed, the United Nations estimates that from 1990 to 2000 alone, the number of people who left their countries of origin rose by 14 percent, from 154 million to 175 million. The phenomenon is not only growing, but is...