This publication was undertaken in the context of the International Forum on Latin American Perspectives, jointly organized by the Inter-American Development Bank and the OECD Development Centre. The IDB and the OECD Development Centre created this forum as an annual meeting place of ideas and...

This paper analyzes the relevance of external factors in average quarterly GDP growth for 1990-2006 in the seven largest Latin American countries (LAC7). Modeling the relationship between LAC7 GDP and several external factors, it is found that those factors account for a significant share of...

The template presented in this note is concerned with the evaluation of the sustainability of total government debt, regardless of whether the creditor is a domestic or foreign resident, a public or private entity or the jurisdiction where the debt was issued (in the case of bonded debt). The...

Recognizing the need to improve the quality of financial disclosure by private sector firms in Latin America and the Caribbean, the Inter-American Development Bank sponsored a conference in September 29-30, 1997 entitled Financial Disclosure and the Development of Financial Markets: The Impact...

Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the...

Reporte sobre el mercado de remesas en Colombia, la estructura de costos del mismo y la relación entre el mercado de remesas y el lavado de activos

Reporte sobre el mercado de remesas en Colombia, la estructura de costos del mismo y la relación entre el mercado de remesas y el lavado de activos

Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country's housing finance market. This paper investigates the recent evolution of...

This paper raises fundamental questions about how banks in Latin America ought to be supervised. The concentration of wealth holders in Latin America and the equity markets' resulting illiquidity permit investors who control banks to subvert the intent of capital requirements, even when the bank...

After decades of trial, error, and occasional regress, the pieces of a successful Latin American economic model can be seen scattered among the leading economies of the region. The most traditional macroeconomic maladies of the emerging world, such as chronic fiscal imbalances and monetary...