Over the last decade, there has been growing awareness regarding the importance of transparent and effective courts to achieve economic development. However, many Latin American countries find that their judicial system have important deficiencies in terms of access and efficiency. This paper...

During the 1990s Peru greatly expanded access to formal judicial services in underserved districts through the construction and staffing of justice modules—physical structures which housed courts, prosecutors and public defenders. The intervention was designed to improve judicial coverage for...

This paper documents how informal employment in Mexico is countercyclical, lags the cycle and is negatively correlated to formal employment. This contributes to explaining why total employment in Mexico displays low cyclicality and variability over the business cycle when compared to Canada, a...

This working paper discusses infrastructure investment in Latin America at the subnational, private level and challenges incurred in emerging economics. As decentralization and devolution of responsibilities to subnational governments is increasing, the volume of private infrastructure under the...

This book analyzes the status of the markets in Latin America and identifies the technical, political, and financial challenges to building vibrant capital markets and increasing the efficiency benefits of regional economic and financial integration.