This paper presents the evaluation of the Enterprise Restructuring Support Program in Argentina. The aim of the program was to increase the competitiveness of small and medium-sized enterprises by cofinancing technical assistance that can be classified as either support for process innovation or...

This study examines the impact of innovation strategies on employment growth in four Latin American countries (Argentina, Chile, Costa Rica, and Uruguay) using micro-data for manufacturing firms from innovation surveys. Building on the model proposed by Harrison et al. (2008), we relate...

This paper studies whether policymakers should wait to intervene until a financial crisis strikes or rather act in a preemptive manner. This question is examined in a relatively simple dynamic stochastic general equilibrium model in which crises are endogenous events induced by the presence of...

This paper develops a model featuring both a macroeconomic and a financial stability objective that speaks to the interaction between monetary and macroprudential policies. First, we find that interest rate rigidities in a monopolistic banking system have an asymmetric impact on financial...

In the aftermath of the global financial crisis, a new policy paradigm has emerged in which old-fashioned policies such as capital controls and other government distortions have become part of the standard policy tool kit (so called macro- prudential policies). On the wave of this seemingly...

The countries of Latin America and the Caribbean (LAC) are on the verge of a paradigm shift. Just a few short years ago, the region's name was blemished by its associations with "the debt crisis," "volatility," and "fiscal adjustment." Yet, in the present day, many of the region's countries have...

This presentation was commissioned by the Natural Disaster Network of the Regional Policy Dialogue for the V Hemispheric Meeting celebrated on June 13th and 14th, 2005. Institutional, Legal And Public Policy And Planning Aspects Of Disaster Risk Management.

This presentation was commissioned by the Natural Disaster Network of the Regional Policy Dialogue for the V Hemispheric Meeting celebrated on June 13th and 14th, 2005.

This presentation was commissioned by the Natural Disaster Network of the Regional Policy Dialogue for the V Hemispheric Meeting celebrated on June 13th and 14th, 2005. Institutional, Legal And Public Policy And Planning Aspects Of Disaster Risk Management.

This presentation was commissioned by the Natural Disaster Network of the Regional Policy Dialogue for the V Hemispheric Meeting celebrated on June 13th and 14th, 2005. Capacidad institucional para la gestion del riesgo de desastres.