Uruguay is an economy that is vulnerable to precipitation patterns, as evidenced during the country's historic 2022/23 drought. Yet, and despite its rich macroeconomic and climate data environment, the country does not have a consistent macroeconomic model to address the aggregate impact of...

We analyze the distributional effects of the reduction in energy subsidies in Argentina since 2016. As the policy reform also includes the introduction of a scheme to protect less well-off families (social tariff), we also review how well the targeting mechanism works. We apply traditional...

We analyze the distributional effects of the reduction in energy subsidies in Argentina since 2016. As the policy reform also includes the introduction of a scheme to protect less well-off families (social tariff), we also review how well the targeting mechanism works. We apply traditional...

This report updates data on gross public debt for countries in the Latin American and Caribbean region up to December 2009. The data in this report were collected from a questionnaire sent to the LAC debt offices in April, 2010.

This paper addresses the solvency of the public sector in Latin American economies. In particular, it analyzes the standardized public debt statistics for the these economies that have been compiled for the LAC Debt Group and the Inter-American Development Bank and the rist associated with the...