This paper represents one of the first comparative analyses of experiences of integrated supervision. It discusses how several countries around the world have developed the processes of integrating financial regulation and supervision, and covers numerous relevant technical issues as well as the...

Several developed and developing countries started to integrate their specialized supervisory institutions into a single entity during the past few years. A debate on the pros and cons of integrated supervision models emerged recently. Issues in favor and against integration have been...

Esta nota técnica tiene como objetivo señalar los avances, desafíos y propuestas en tres áreas importantes para el desarrollo productivo en Uruguay: el clima de negocios, la institucionalidad para las políticas de desarrollo productivo (PDPs) y la consolidación de los avances en programas...

COVID-19 can be described as a heat-seeking missile speeding toward the most vulnerable in society. That metaphor applies not just to the vulnerable in the rich world; the vulnerable in the rest of the world are not more immune. Yet, despite the extensive spread of the virus, the mortality toll...

Despite their importance, data on the structure of bank credit by maturity are scarce. For Latin America and the Caribbean, data are particularly difficult to obtain, as few banks report loan maturity data in commercial data sets such as Bankscope. With support from the Association of...

COVID-19 can be described as a heat-seeking missile speeding toward the most vulnerable in society. That metaphor applies not just to the vulnerable in the rich world; the vulnerable in the rest of the world are not more immune. Yet, despite the extensive spread of the virus, the mortality toll...

Despite their importance, data on the structure of bank credit by maturity are scarce. For Latin America and the Caribbean, data are particularly difficult to obtain, as few banks report loan maturity data in commercial data sets such as Bankscope. With support from the Association of...

Our paper sets up a simple model to assess, to the best of our knowledge for the first time, the relative pros and cons of housing downpayment and interest rate subsidies on the access to and the stability of the mortgage market. Our analysis unveils a number of relevant policy lessons for the...