This paper is part of the project: "IDB's Science and Technology Programs: An Evaluation of the Technology Development Funds (TDF) and Competitive Research Grants (CRG)." This paper analyzes the role of National Research Funds in promoting scientific production in emerging economies. The...

The paper summarizes the similarities and differences among Asian and Latin American countries, compares their macroeconomic performances before and after the crisis, and discusses crisis prevention and management. Lessons are drawn from both Asian-type and Latin-American-type currency crises.