The purpose of this paper is to review the literature on coordination failures, apply game theory to coordination issues within selected rural development projects in order to develop a set of guidelines to avoid and minimize coordination failures. The ultimate aim is to promote development...

Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups previously excluded from formal financial services, but they often charge interest rates that many claim are excessive. We examine microfinance interest rates and their...

Este documento se centra en el manejo de riesgos de producción agrícola, explica los conceptos fundamentales y analiza los motivos por los que los mercados de seguros han demorado en desarrollarse en América Latina y el Caribe. Asimismo, formula recomendaciones para la creación de mercados...

The purpose of this paper is to analyze a program that extends credit cards to agricultural input suppliers and rural producers in Costa Rica and to determine whether this program is financially viable and potentially replicable in other rural areas of Latin America. A credit card program is...

The purpose of this paper is to identify best practices in the design and implementation of community-driven rural development (CDRD) projects in Central America with special emphasis on Nicaragua. The methodology used in this study is two-fold. First, a literature review of the academic...

This paper reviews the Bank's lending experience in rural finance and extracts the lessons learned from that experience. It is based on a review of project documents, evaluation reports, and interviews. A sample of 27 projects were studied in detail. Although the review of IDB projects is far...

The purpose of this report is to review common credit risk management techniques used in a sample of Latin American financial institutions with agricultural portfolios, identify the factors that contribute to successful credit risk management as measured by several key financial performance...

Los documentos que se presentan en este volumen incluyen elementos que podrían servir de base para adaptar los objetivos de desarrollo del milenio a las características específicas de la región. Incluyen también un diagnóstico de avance, sugerencias sobre las prioridades de inversión y...

We develop a stylized game theoretic model of litigant behavior to study the effects of increased pleading standards on incentives to engage in illegal activity. Such a model is necessary to build intuition about the potential costs associated with the procedures set forth by the U.S. Supreme...