This note focuses on the impact of the global financial crisis on subnational debt financing. We approach the following questions: Why is subnational debt financing important? What are the impacts of the crisis on the fiscal balance and financing cost of subnational governments (SNGs)? What...

As the year 2012 unfolds, its main legacy will be its game changing impact on global financial markets. Waning global growth along with central banksÕ bold monetary easing policies in advanced economies (AEs) to try to reverse it are changing market dynamics in unexpected ways, across both AEs...

Since the mid-1990s, Brazil has struggled, with limited success, to reform its intergovernmental financing arrangements. Over the last few years, Brazil’s growth has significantly decelerated. Accompanying this slowdown, a change in commentary on Brazil’s economic future has emerged, and is...

This paper studies the interactions between access to infrastructure, women?s time allocation, and economic growth in developing countries. The first part provides a review of the evidence on the impact of poor infrastructure on women?s ability to allocate their time to productive activities....

This paper studies the interactions between access to infrastructure, women’s time allocation, and economic growth in developing countries. The first part provides a review of the evidence on the impact of poor infrastructure on women’s ability to allocate their time to productive...

This paper studies the interactions between access to infrastructure, women’s time allocation, and economic growth in developing countries. The first part provides a review of the evidence on the impact of poor infrastructure on women’s ability to allocate their time to productive...

This paper studies the long-run impact of policies aimed at fostering gender equality on economic growth in Brazil. The first part provides a brief review of gender issues in the country. The second part presents a gender-based, three-period OLG model that accounts for women’s time allocation...

To this day, policy makers, policy advisers, and economists in development institutions do not have any practical tools to help them to assess the impacts of policies aimed at promoting gender equality and quantify the effect of these policies on growth. Yet, there has been limited effort in...