Information problems involved in trading differentiated goods are a priori acuter than those associated with trading more homogeneous products. The impact of export promotion activities intending to address these problems can be therefore expected to differ across goods with different degree of...

Entering new export markets is primarily a discrete choice. Even though several empirical papers have used modeling strategies consistent with this fact, no study has examined the effects of public policies aimed at affecting this decision within this setting. In this paper we assess the impact...

This Annual Report contains a brief summary of the economic situation of Latin America and the Caribbean and a review of the Bank's operations in 2005. In addition, the Report contains a description of the Bank's operations - loans, guarantees, financings for small projects and technical...