This Working Paper assesses the impact on investment of a reduction in corporate taxes and the impact on employment, labor formality, and growth of a reduction in non-wage labor costs in Colombia. First, and following Hall and Jorgensen (1967), we estimate an investment function, which depends...

This paper explores the competitive threat posed by People's Republic of China (PRC) to Latin America and Caribbean (LAC). It focuses on the impact of PRC's rise as a major exporter of manufactures, but it also considers bilateral trade between LAC and PRC.

Throughout the twentieth century, there was a notable population shift in the countries of Latin America and the Caribbean, from rural living situations to urban centers. In 2000 there were 49 cities with populations of over one million, four of them among the 10 largest cities in the world....

The topics covered in the chapters of the report were presented and discussed in a conference organized by the IDB in Port of Spain on July 13th, 2004. After more than a decade of economic growth and despite encouraging prospects for the future, the Trinidad and Tobagp economy remains overly...