REVELA analiza las expectativas de los mercados sobre crecimiento e inflación para algunos países latinoamericanos. Los valores analizados representan los resultados de encuestas en el sector privado realizadas por los Banco Centrales de cada país y bajo sus propias metodologías. Dichos...

This study focuses on how Latin America¿s small and medium-sized enterprises (SMEs) can participate in global markets in a way that provides for sustainable growth. In addition, it study analyzes the impact of collective efficiency on clusters upgrading and undertakes an investigation of the...

Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and the expectation that the authorities will take appropriate actions if the target is breached....

Banks' market or 'trading' risks have increased noticeably over the past years, largely as a result of the growth of liquid assets on banks' balance sheets and the increase in banks' off-balance sheet activities. Well-publicized bank failures and significant capital losses have focussed further...

The paper reviews the case for a strong multilateral response to the global crisis in emerging markets (EMs). It discusses modalities and feasibility of intervention and its associated risks, depending on country circumstances of fiscal space and liquidity needs. The specific role of...

This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...

Cluster development programs (CDPs) have been adopted widely in many countries worldwide. Many such programs aim to promote economic development by forming and strengthening inter-organizational networks. Despite their widespread diffusion, we know very little about CDP outputs or the impact...

National and local governments, international organizations and donors are increasingly using the instrument of cluster development programs (CDP) to promote economic development. This paper builds on the recent experiences of the Inter-American Development Bank (IDB) in financing and executing...

Global growth projections have waned since last year and growth may be suppressed below potential for several years to come. Lower global growth will, all things being equal, imply lower growth in Latin America and the Caribbean. At the same time, clear limits to the potential use of monetary...

REVELA analiza las expectativas de los mercados sobre crecimiento e inflación para algunos países latinoamericanos. Los valores analizados representan los resultados de encuestas en el sector privado realizadas por los Bancos Centrales de cada país y bajo sus propias metodologías. Dichos...