The purpose of this book is to contribute to the debate on how to confront the challenges that Bolivia faces today. It is composed of a series of studies on the current reality of Bolivia and has been developed in conjunction with national and international public policy experts. The studies...

The policy notes for Ecuador are part of a series of books that the Bank prepares periodically summarizing its accumulated knowledge on the economic and social issues of member countries. The timing of the notes, early 2007, coincides with a new presidential period, which offers the country the...

The policy notes for Ecuador are part of a series of books that the Bank prepares periodically summarizing its accumulated knowledge on the economic and social issues of member countries. The timing of the notes, early 2007, coincides with a new presidential period, which offers the country the...

The book intends to trigger, and support policy debate in Colombia. The first part distills four thematic chapters, responsive to the country's current realities, as well as to the five decades of development partnership with the Bank, spanning the entire development spectrum. First, violence,...

The academic and policy debate about optimal foreign exchange rate regimes for emerging economies, has focused more on the theoretical costs and benefits of possible regimes, than on their actual performance. The authors report on what can be called exchange-rate-regime-dependent differential...

Faced with weak sub-national finances that pose a risk to macroeconomic stability, Mexico's federal government in April 2000 established an innovative incentive framework to bring fiscal discipline to state and municipal governments. That framework is based on two pillars: an explicit...