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This Working Paper examines the effects of the COVID-19 pandemic on state and non-state violent actors in the Global South. We provide an ACLED-based interregional mapping of trends in Latin America and the Caribbean, the Middle East and North Africa, and subSaharan Africa. Cross-regional case...
Persistent link: https://www.econbiz.de/10013202636
remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris … case. Quite outstanding here is the observation of the detrimental role of remittances on savings in the long-run once … direct investment (FDI), and foreign aid were found to be important moderators of the remittances-savings linkage. For the …
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Due to historically low internal saving rates, access to external financing is very important to Latin America and the Caribbean (LAC), even more so in the context of the 2030 Agenda and the implementation of the Sustainable Development Goals (SDGs). Public financing falls short of what is...
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During the pandemic, public debt in Latin America and the Caribbean rose to more than 70 percent of GDP, and countries are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest rate were the most frequent main drivers, while higher...
Persistent link: https://www.econbiz.de/10014540585
This paper assesses the vulnerability of Latin American and Caribbean (LAC) economies to external crises. It shows that while the average LAC economy has made significant strides to reduce vulnerability to crises to its historical minimum, there is still considerable room for improvement,...
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