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...

This publication aims to help donors, creditors and investors evaluate the performance, condition and risk of individual microfinance institutions in Latin America and the Caribbean, in hopes of strengthening the microfinance industry and building the microenterprise sector. It provides concrete...

'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the...

This publication takes a comprehensive view of all the action areas that need to be addressed in a coordinated and integrated manner to achieve sustainable development for all. The articles included herein deal with how to enhance the quality of life of the poor, how to enable all members of...

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...

'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the...

This publication takes a comprehensive view of all the action areas that need to be addressed in a coordinated and integrated manner to achieve sustainable development for all. The articles included herein deal with how to enhance the quality of life of the poor, how to enable all members of...

This paper addresses the adequacy of post-reform growth in Latin America in the 1990s on the basis of international comparison and other relevant standards. It analytically explores and empirically tests a number of hypotheses to explain the perceived dissatisfaction with growth performance.