Similar Search Results

Empirical Determinants of Good Institutions: Do We Know Anything?

Straub, Stéphane - Inter-American Development Bank - 2000

Abundant empirical evidence links well-functioning institutions and good governance to better economic and social outcomes. It is thus an important challenge to determine which conjunction of factors produces better institutions. Along this line, the objective of this paper is twofold. First, it...

Persistent link: https://www.econbiz.de/10010943630

The Roots of Banking Crises: The Macroeconomic Context

Gavin, Michael; Hausmann, Ricardo - Inter-American Development Bank - 1996

This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes, and for macroeconomic policy itself. Much of the...

Persistent link: https://www.econbiz.de/10010943669

Debt Sustainability under Catastrophic Risk: The Case for Government Budget Insurance

Cavallo, Eduardo Alfredo; Valenzuela, Patricio; … - Inter-American Development Bank - 2007

Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has the lowest levels of insurance coverage. This paper examines the vulnerability of Belizes public finance to the occurrence of hurricanes and...

Persistent link: https://www.econbiz.de/10010943673

Inequality, Institutions, and Informality

Gradstein, Mark; Chong, Alberto E. - Inter-American Development Bank - 2004

This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which the informal sector's size is negatively related to institutional quality and positively related to income inequality. These predictions are then...

Persistent link: https://www.econbiz.de/10010943676

Building Regional Infrastructure in Latin America

Tanzi, Vito - Inter-American Development Bank - 2005

time to time economists have advanced particular theories that argue that some factors, such as investment, human capital … the growth process. The problem is that the number of these factors keeps growing. Recently some economists as well as … useful to be reminded that the term infrastructure is relatively new in economics. The focus in this paper is on regional …

Persistent link: https://www.econbiz.de/10010943683

The Unexplained Part of Public Debt

Jaimovich, Dany; Panizza, Ugo; Campos, Camil F.S. - Inter-American Development Bank - 2006

This paper shows that budget deficits account for a relatively small fraction of debt growth and that stock-flow reconciliation, which is often considered a residual entity, is one of the key determinants of debt dynamics. After having explained the importance of the stock-flow reconciliation,...

Persistent link: https://www.econbiz.de/10010943684

Rent Seeking and Democracy in Latin America: What Drives What?

Calderón, César; Chong, Alberto E. - Inter-American Development Bank - 2006

Drawing on previously unused objective institutional data, we provide evidence for the causal link between rent-seeking behavior and democracy in Uruguay, a country where both rent-seeking behavior and political shifts have varied widely in the last 80 years, but where ethnolinguistic...

Persistent link: https://www.econbiz.de/10010943690

The Political Economy of High Protection in Brazil before 1987

Abreu, Marcelo de Paiva - Inter-American Development Bank - 2004

The paper is concerned with the high protection cum high growth experience in Brazil until the second half of the 1980s and its crisis. The paper is structured in four sections. The first section is a summary of the arguments presented in the following three sections of the paper. Section II...

Persistent link: https://www.econbiz.de/10010943692

Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease

Loboguerrero, Ana María; Panizza, Ugo - Inter-American Development Bank - 2003

Inflation can grease the wheels of the labor market by relaxing downward wage rigidity but it can also increase uncertainty and have a negative sand effect. This paper studies the grease effect of inflation by looking at whether the interaction between inflation and labor market regulations...

Persistent link: https://www.econbiz.de/10010943743

Exchange Rate Instability in MERCOSUR: Causes, Problems and Possible Solutions

Machinea, José Luis - Inter-American Development Bank - 2004

This paper formed part of a Conference "Mercosur: In Search of a New Agenda" held in the Getulio Vargas Foundation in Rio de Janeiro in June 2003. The purpose of the Conference was to was to examine future directions for Mercosur in light of emerging political dynamics pointing to renewed...

Persistent link: https://www.econbiz.de/10010943763

1
2
3
4
5
6
7
8
9
10
Next
Last