This paper presents a retrospective review of several key areas of work of the Capital Markets and Financial Institutions Division (CMF) of the Inter-American Development Bank. Presented with each chapter as an independent piece, the paper analyzes the operations portfolio of CMF from 2006 to...

La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....

O conjunto dos capítulos deste trabalho aponta e elabora importantes alternativas de política capazes de retomar e sustentar novas formas desenvolvimento apropriadas, coesas e duradouras. Ao mesmo tempo, instiga e mobiliza reflexões sobre a relevância, tanto de aprendermos e acumularmos...

This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...

The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...

What are the reasons for the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new evidence...

This paper reviews productive development policies (PDPs) in Guatemala, focusing on the alleged justification of existing programs in terms of the market or government failures they are meant to address. An effort is made to identify how the different instruments complement or contradict each...

National and local governments, international organizations and donors are increasingly using the instrument of cluster development programs (CDP) to promote economic development. This paper builds on the recent experiences of the Inter-American Development Bank (IDB) in financing and executing...

This report (RE-305) presents the evaluation conducted by the Office of Evaluation and Oversight of the Bank's program with Panama from 1991 to 2003. Its intent is to describe for the Bank's Directors the outcomes of the institution's activity in Panama and extract lessons that can help make...

El Banco define las operaciones de crédito global multisectorial (GMC) como préstamos con garantías soberanas concedidos a instituciones financieras intermediarias o entidades similares, con el objeto de que éstas concedan créditos a subprestatarios finales para el financiamiento de...