-than-expected growth in China represents a key downside risk. The results caution against trying to offset the current economic slowdown …

We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …

This Selected Issues paper for Chile describes the postcrisis recovery experience. The recovery from the 2008–2009 … wedge-distortions related to the consumption leisure decision helped support the recovery. In Chile, the growth generated by …

This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …

the commodity boom; and (iii) although further reliance on commodities has increased Indonesia’s vulnerability to export … price volatility, the terms of trade have actually been rather stable as import and export prices co-move markedly …

This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth … has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its … case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peru’s natural resource …

This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks … and partially dollarized economy is developed and estimated for Peru to measure the risk spillovers, and simulate domestic …