In this paper we present evidence suggesting that international migrant remittances generally lead to improved developmental outcomes. Using a cross-section of Mexican municipalities in the year 2000, we show that increases in the fraction of households receiving international remittances are...

This paper presents a conceptual framework for explaining Credit Unions (CUs) loan delinquency and profitability in developing countries. It also offers an empirical estimation for a unique sample of CUs in Latin America.

The proliferation of free trade agreements around the world has accentuated the role of preferential rules of origin (RoO) in global companies¿ sourcing and investment decisions. However, there are few theoretical and practically no empirical analyses on the effects of RoO on foreign direct...

Este análisis presenta un diagnóstico y señala los principales desafíos y alternativas de política que Costa Rica ha de enfrentar en la actual coyuntura en relación con su proceso de integración económica con el mundo. También se señalan posibles apoyos del Banco para abordar algunos...

This paper discusses the impacts of integration on productivity, specifically within regional agreements. The paper focuses on the economies of Brazil and Mexico and on their performance in the manufacturing sector. The authors estimate firm-level productivity and test its casual links with...

Ante Honduras se abren nuevos e importantes desafíos en materia de comercio e integración. Este informe busca brindar una fotografía del desempeño del sector externo de Honduras, fundamentalmente el comercial, con miras a identificar esos desafíos a la luz de importantes acontecimientos: la...

This paper examines each major element of the village banking technology and how it has been liberalized so far, particularly in four leading Latin American village banking institutions: FINCA Nicaragua, Pro Mujer Bolivia, Compartamos (in Mexico), and CRECER (in Bolivia). It then analyzes how...

The current study gathers together a large database on the funding side of Latin American microfinance institutions (MFIs), providing detailed coverage of 61 regulated MFIs in nine Latin American countries with major microfinance markets. The study goes on to examine the relative costs of the...

This paper briefly discusses some of the issues that must be grappled with when analyzing the impact that the North American Free Trade Agreement (NAFTA) has had -and will have in the future- on the Mexican economy. Although discussion concentrates on the evolution of Mexico¿s economy and...

Banks are increasingly entering into microfinance, and donors such as the IDB are increasingly helping them to do so. Despite this trend, banks continue to make a number of common mistakes in attempting to serve the microenterprise sector. A key to successfully serving this sector is to follow...