This paper analyses the main statistical properties of the Emerging Market Bond Index (EMBI), namely long-range dependence or persistence, non-linearities, and structural breaks, in four Latin American countries (Argentina, Brazil, Mexico, Venezuela). For this purpose it uses a fractional...

The aim of this research is to assess the competitiveness of countries through the development of a new model, which is much simpler than those currently in use. The premise of this research is based on the fact that the current models contain numerous indicators/measures and cannot be applied...

This paper analyses the main statistical properties of the Emerging Market Bond Index (EMBI), namely long-range dependence or persistence, non-linearities, and structural breaks, in four Latin American countries (Argentina, Brazil, Mexico, Venezuela). For this purpose it uses a fractional...

This paper analyses the main statistical properties of the Emerging Market Bond Index (EMBI), namely long-range dependence or persistence, non-linearities, and structural breaks, in four Latin American countries (Argentina, Brazil, Mexico, Venezuela). For this purpose it uses a fractional...

Purpose The main goal of this paper is to examine the evolution of Latin American productive integration in terms of the regional value added incorporated in intra-regional exports of Argentina, Brazil, Chile, Colombia, Mexico and Peru. In addition, the study traces the trade and productive...

The rapid digitization of finance, the fast pace of technology advancement and the rise of data-driven innovation has transformed financial sectors and created opportunities for financial authorities that are pursuing financial inclusion to adapt their regulatory and supervisory approaches....

This monograph reviews evidence on probable impacts of climate change on agricultural production and food security in Latin America and the Caribbean (LAC) up to year 2100, based on the IPCC climate projections (though discussing some of their limitations) and the best impact estimates...

Despite the establishment of conservation mechanisms and indigenous lands, Latin America has lost 10% of its forests in 20 years from 1990 to 2010. All of its great forest ecoregions are threatened: the Amazon, the Cerrado, the Gran Chaco, the Yungas, and the Meso-American Corridor. The purpose...

Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is...

After the Great Depression and throughout the rest of the twentieth century, Latin American countries basically approached economic development following two successive and quite opposed strategies. The first one was import substitution industrialization. The second was the so-called Washington...