scarcity of saving in LATAM, thereby increasing investment and growth. Yet, the data and several case studies suggest that the … saving and investment rates tends to be a time consuming process. This also suggests that greater political instability and … polarization would induce consumers to be more cautious in increasing their saving and investment rates following a reform. Hence …

This paper studies investment in Latin America and explores the relationships of investment with growth, exchange rates … depreciating real exchange rate while the real price of capital slowly recovers. The paper explores the determinants of investment … decline in private investment shares in Latin America during the 1980s seems to result from the deterioration in the terms of …

We quantify the effects of lending and balance sheet channels on corporate investment during large crises in emerging … markets. The depreciated currency creates investment opportunities in the tradable sector but firms might be financially …-hedged foreign currency debt decrease investment while foreign exporters with better access to credit increase investment, in spite …