Showing 1 - 10 of 23
The growth prospects of a nation are stymied by the burden of government debt. This study has two goals: first, it tests whether public debt hinders growth; and, second, it explores whether economic policy ameliorates this effect. A large panel data of countries for 1970-2010 reveal a negative...
Persistent link: https://www.econbiz.de/10010943753
Tax policy is among the most common and relevant instruments in the toolkit of policy-makers when thinking about promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of approaches, we estimate the effects on growth of the most...
Persistent link: https://www.econbiz.de/10010943781
This paper uses a yearly dataset of plant-level investment in Colombian firms during the period 1997 to 2007 to assess … significant correlation is found between the boom observed in investment and the adoption of the tax policy. However, the … tests. Overall, it is concluded that the tax stimulus analyzed was ineffective in promoting investment in Colombia. …
Persistent link: https://www.econbiz.de/10010943811
appropriability of social returns and insufficient public infrastructure are key constraints to private investment. Further, low …
Persistent link: https://www.econbiz.de/10010944174
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin American countries: Brazil, Chile and Mexico, studying a small open economy in the context of an endogenous growth model where the domestic interest rate depends on the level of...
Persistent link: https://www.econbiz.de/10011275116
, and the application of risk assessment of sub-sovereign governments in Latin America. The presentation ends with lessons … learned which includes: complexity of project vs. proportion of risk, revenue bonds vs. general purpose bonds, creative …
Persistent link: https://www.econbiz.de/10009323961
La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....
Persistent link: https://www.econbiz.de/10010672525
This Country Program Evaluation (RE-355) analyzes the recent performance of the Bank's portfolio of operations. Two country strategies were approved during 2000-2008, which were prepared in two very different contexts in Brazil. The 2000-2003 strategy was prepared following the 1999 crisis that...
Persistent link: https://www.econbiz.de/10010672690
Esta edición de IDEA se centra en el proceso intensamente político que rodea al presupuesto público en América Latina. La misma analiza temas presupuestarios críticos, la legislación reciente, los actores políticos involucrados y las consecuencias --a veces no intencionales-- de la...
Persistent link: https://www.econbiz.de/10010673001
This report (RE-296) presents an evaluation of the Bank's country program for Belize for the years 1993-2003. The evaluation includes: 1) An overview of the structure of the Belizean economy, including developments that took place during the nineties and the development challenges faced by the...
Persistent link: https://www.econbiz.de/10010673007