Standards measures of female ownership and management of firms included in the World Bank Enterprise Survey do not support the existence of a gender gap in access to finance in the Latin American and Caribbean region. Nonetheless, more precise measures show that women-led businesses are more...

In the aftermath of the global financial crisis, a new policy paradigm has emerged in which old-fashioned policies such as capital controls and other government distortions have become part of the standard policy tool kit (so called macro- prudential policies). On the wave of this seemingly...

Esta presentación trata de la reforma de las leyes de garantías mobiliarias y los registros de propiedad móvil.

While public debt ratios in Latin America increased in 2009 amid the global financial crisis, they remain below levels reached following the Asian and Russian crises of the late 1990s. Moreover, debt composition has continued to shift towards -safer- debt (domestic debt with a higher prevalence...

This paper estimates the impact of relative price volatility on sector-level investment allocation using a panel of 65 countries with data for 26 manufacturing industries over the period 1985-2003. Results indicate that volatility distorts efficient investment allocation in that investment is...

América Latina se está descentralizando. Cada vez más recursos y un mayor poder de decisión están pasando desde los gobiernos centrales hacia el nivel local. Este naciente panorama político, administrativo y fiscal genera nuevos retos y oportunidades para los gobiernos subnacionales, y...

América Latina e Caribe (ALC) reduziram sua desigualdade e sua pobreza e enfrentarão as próximas décadas com maior otimismo do que no passado. Conforme a região cresce, aparecem novos problemas que os responsáveis pela condução da política econômica devem enfrentar. Como oferecer...

Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth. Included are case studies from seven...

This book provides an overview and analysis of the increased presence of European investors in Latin America, in addition to presenting the results of a survey carried out in the major European investor countries whose aim was to analyze corporate investment strategies in Latin America.Abstract:...