What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

The report is organized as follows. Section two reviews the identity ecosystem in Morocco. The section discusses in detail five identification programs that seem to have complementary strengths and that can be considered as assets. These are the national identity (CNIE), the civil register, the...

Cabo Verde's economic achievements over the last thirty years have been spectacular and are unprecedented on the African continent. These achievements are remarkable given the unique challenges the country faces due to its small size, lack of scale for production of goods and delivery of...

The Maldives experienced a slowdown in economic growth in 2023, despite an increase in tourist arrivals. The GDP growth rate was 4.0 percent, well below the pre-pandemic trend. The increase in tourist arrivals did not lead to higher GDP growth due to a decline in spending per tourist. Inflation...