The current global crisis, although initially circumscribed to the US housing market, spread rapidly across markets and borders. It has affected almost all countries through different reinforcing channels:...
Surprisingly, the most severe economic crisis the world has seen since the great depression does not appear to have had as dramatic an impact on poverty in Latin America as might have been expected. The...
This note questions two emerging views on ways to tackle systemic risk. As evidenced by the explosive growth of investment banks, which were regulated more lightly because they were assumed to be systemically...
The 2008-2009 financial crisis has shaken the prevailing equilibrium of the global economy, with a collapse in capital flows and international trade. How will the post-crisis constellation of current account...
Countries in Latin America and the Caribbean are experiencing the impact of the international financial crisis on labor markets across different dimensions, such as employment, wages and the quality of...
This note examines the extent to which firms in Latin America have been able to raise capital through debt and equity securities as well as syndicated loans, both abroad and domestically, since the onset...
Infrastructure investment is a central part of the stimulus plans of the Latin America and Caribbean Region (LAC) as it confronts the growing financial crisis. This paper estimates the potential effects...
Latin America's government debt has exhibited a clear downward trend since 2003. While this has been partly due to rapidly increasing commodity prices, more sustainable fiscal policies have also been a...
Tracking flows of workers among different sectors of employment during economic downturns can shed light on the mechanism of labor market adjustment and inform the design of safety net programs. Though...
Although foreign direct investment (FDI) flows have tended to remain resilient during previous crises, they may not behave in a similar fashion during the current crisis. Why? In past crises, the stability...
This note is conceived in an environment where there was some fear that the final phase of opening under North American Free Trade Agreement (NAFTA) will create pressure on local producers of corn, beans...
This note is conceived in an environment where there was some fear that the final phase of opening under North American Free Trade Agreement (NAFTA) will create pressure on local producers of corn, beans...
This note is conceived in an environment where there was some fear that the final phase of opening under North American Free Trade Agreement (NAFTA) will create pressure on local producers of corn, beans...
As one of the pillars of poverty reduction, empowerment has become a critical component of Bank operations, and is demonstrating its impact for development effectiveness. The fundamentals of empowerment...
Empowerment is a critical element in the fight against poverty. In its broadest sense, empowerment refers to the freedom of choice and action to shape one's future. Its critical dimensions include participation...
Empowerment is a critical element in the fight against poverty. In its broadest sense, empowerment refers to the freedom of choice and action to shape one's future. Its critical dimensions include participation...
This study attempts to distill lessons from the preparation, and initial implementation of the Ecuador Indigenous and Afro-Ecuadoran Peoples Development Project, though it also draws heavily from a working...
This report provides an assessment of Latin America market sectors engaged in the supply and consumption of CFCs. The report was designated to identify those countries that are at greater risk of falling...
The five papers comprising this report present five experiences from different sectors and countries of how civil society organizations in World Bank-financed projects or processes can: correct poorly...
The Brown-Bag Seminar Series, initiated in April 1999, presents a forum for ongoing theoretical debates and operational innovations regarding civil society participation and its potential contribution...