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Microinsurance in Brazil, Colombia, Mexico, and Peru

Iravantchi, Sheirin; Wenner, Mark D. - Inter-American Development Bank - 2012

The microinsurance market in Latin America is still in its embryonic phase. The purpose of this technical note is to better inform donors, national governments, and insurance companies interested in promoting financial inclusion about how they can accelerate the development of microinsurance...

Persistent link: https://www.econbiz.de/10010652678

Do Surges in International Capital Inflows Influence the Likelihood of Banking Crises? Cross-Country Evidence on Bonanzas in Capital Inflows and Bonanza-Boom- Bust Cycles

Caballero, Julian - Inter-American Development Bank - 2012

This paper asks whether bonanzas (surges) in net capital inflows increase the probability of banking crises and whether this is necessarily through a lending boom mechanism. A fixed effects regression analysis indicates that a baseline bonanza, identified as a surge of one standard deviation...

Persistent link: https://www.econbiz.de/10010555799

Policy Responses to Sudden Stops in Capital Flows: The Case of Chile in 1998

Valdes, Rodrigo O. - Inter-American Development Bank - 2008

This chapter revisits the sudden stop in capital flows episode experienced by Chile in 1998. It documents the macroeconomic environment, the macro framework in place, and the shocks that hit it. The chapter examines the policy reaction to the shocks, evaluating its most likely consequences and...

Persistent link: https://www.econbiz.de/10005528776

Booms and Busts in Latin America: The Role of External Factors

Izquierdo, Alejandro; Romero, Randall; Talvi, Ernesto - Inter-American Development Bank - 2008

This paper analyzes the relevance of external factors in average quarterly GDP growth for 1990-2006 in the seven largest Latin American countries (LAC7). Modeling the relationship between LAC7 GDP and several external factors, it is found that those factors account for a significant share of...

Persistent link: https://www.econbiz.de/10010653853

Capital Flows: Issues and Policies

Montiel, Peter - Inter-American Development Bank - 2013

This paper presents an analytical overview of recent contributions to the literature on the policy implications of capital flows in emerging and developing countries, focusing specifically on capital inflows as well as on the links between inflows and subsequent capital-flow reversals. The...

Persistent link: https://www.econbiz.de/10010662979

Banking Crises and Financial Integration

Caballero, Julian - Inter-American Development Bank - 2012

This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated...

Persistent link: https://www.econbiz.de/10010617880

A New Taxonomy of Sudden Stops: Which Sudden Stops Should Countries Be Most Concerned About?

Powell, Andrew; Cavallo, Eduardo A.; Pedemonte, Mathieu; … - Inter-American Development Bank - 2013

This paper proposes a new taxonomy of Sudden Stops comprised of seven categories with definitions depending on the behavior of gross and net capital flows. The incidence of different types of Sudden Stops is tracked over time and the type of Sudden Stop related to economic performance. Sudden...

Persistent link: https://www.econbiz.de/10010691626

The emergence of China : opportunities and challenges for Latin America and the Caribbean

Devlin, Robert (ed.); Estevadeordal, Antoni (ed.); … - Inter-American Development Bank; David Rockefeller … - 2006

"The Emergence of China: Opportunities and Challenges for Latin America and the Caribbean provides a comprehensive … overview of China's economic policy and performance over recent decades and contrasts them with the Latin American experience …. What are the underlying factors behind China's competitive edge? What are the strategic implications of China's rise for …

Persistent link: https://www.econbiz.de/10003294883

Crisis Response in Latin America: Is the "Rainy Day" at Hand?

Fernandez-Arias, Eduardo; Montiel, Peter - Inter-American Development Bank - 2009

This paper examines the countercyclical policy options available to Latin American countries in the face of the current global economic crisis, concluding that most of the major countries in the region appear to possess the fiscal space (as measured by credible fiscal sustainability and debt...

Persistent link: https://www.econbiz.de/10005017998

Macro-Hedging for Commodity Exporters

Borensztein, Eduardo; Jeanne, Olivier; Sandri, Damiano - Inter-American Development Bank - 2009

This paper uses a dynamic optimization model to estimate the welfare gains of hedging against commodity price risk for commodity-exporting countries. We show that the introduction of hedging instruments such as futures and options enhances domestic welfare through two channels. First, by...

Persistent link: https://www.econbiz.de/10010673273