This note summarizes the results of a recently completed IDB survey of microfinance in the region. The survey includes information on microfinance activities in 25 countries as well as an initial review of effective interest rates charged to microfinance clients.

This note summarizes the results of a recently completed IDB survey of microfinance in the region. The survey includes information on microfinance activities in 25 countries as well as an initial review of effective interest rates charged to microfinance clients.

This working paper is being published with the sole objective of contributing to the debate of a topic of importance to the region, and to elicit comments and suggestions from interested parties.

This working paper is being published with the sole objective of contributing to the debate of a topic of importance to the region, and to elicit comments and suggestions from interested parties.

The 2007 Report on Economic and Social Progress in Latin America analyzes the nature and evolution of sovereign debt in Latin America and discusses the policies that can be followed by countries and international financial institutions (IFIs) to reduce the vulnerabilities associated with it....

Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....

Credit supplied by the banking sector is the most important funding source for firms and households in Latin America and the Caribbean. Unfortunately, credit is scarce, costly and volatile. Without deep and stable credit markets, the region will be hard pressed to achieve high and sustainable...

For women microentrepreneurs, access to financial services matters. It is critical to their ability to make productive investments in their businesses. As part of IDB's efforts to strengthen women's roles in economic development, the Women in Development Unit undertook a study to analyze the...

International accounting standards constitute a typical instrument of harmonization and eventually integration of the Latin American and Caribbean financial markets. This book focuses primarily on accounting standards for large companies in some cases traded in stock exchanges.

There is an increasing need for a system of international lending of last resort (ILLR) to provide a safety net in the event of financial crises in vulnerable countries as financial globalization deepens and spreads. Multilateral progress to address liquidity and solvency crises has been patchy...