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 purpose of this study is to provide an overview of current practices in the provision of business development services (BDS) to small and microentrepreneurs in developing countries. The document is meant to serve as a resource for Bank staff and other development practitioners who play a...

This paper discusses the major factors which affect Indonesia's industrial competitiveness, specifically the determinants of its industrial technology development. The work first gives an overview of Indonesia's industrial development before and after the Asian economic crisis. Then it discusses...

A labor supply and demand model is presented where three main determinants of the wage differential are investigated: trade openness, technology transfer and labor supply. Findings show that increased trade openness is related to reductions in wage differentials.

This paper examines the role of contracting institutions on the insertion of developing countries in international production networks and particularly on the prospects of LAC to source goods beyond the region's traditional patterns of specialization. We show that LAC's insertion in global...

US banks and credit unions are determined to have Latin American immigrants as important and permanent members of their customer base. Community groups, government, and US business interests are aligning through the remittance market to the benefit of Latin American immigrants and their families.