The understanding of the economic effect of formal institutional rules has progressed substantially in recent decades. These formal analyses have tended to take for granted that institutional arenas such as Congress are the places where decision-making takes place. That is a good approximation...

Este trabajo analiza el desempeño fiscal de Bolivia a la luz de la expansión y posterior contracción de los precios internacionales de los hidrocarburos entre 2005 y 2009. Se evalúa dicho desempeño desde el punto de vista de la posición estructural de la economía, es decir, descontando...

El presente resumen de políticas realiza una revisión sistemática de la metodología de estimación del Balance Estructural (BE) en Chile. Esta revisión no sólo recapitula y evalúa la justificación de la metodología de cálculo del BE actual o las pasadas, sino que explora diversas...

This paper develops a framework for analyzing different policymaking styles, their causes and their consequences in Latin America, finding that lower institutionalization and greater use of alternative political technologies (APTs) are more likely the lower the cost of using these technologies,...

This policy brief takes stock of the research on government capabilities undertaken at the Inter-American Development Bank, highlights the relevance of government capabilities for generating better policies and higher levels of development, summarizes what has been learned about the origins of...

The increased occurrence of extreme weather conditions leading to drought is a key development challenge. This paper studies how these extreme events interact with the political process at the local level using rich administrative data for drought declarations and mayoral elections in Brazil....

This paper surveys selected themes in the political economy of policymaking in Latin America, with an emphasis on recent research focusing on actual decision and implementation processes, and on the political institutions and state and social actors involved in those processes. In particular,...