The IDB has more than 30 researchers producing working papers on economic and social topics. Many of these documents constitute background research for the IDB’s flagship publication "Development in the Americas" prepared by the Research Department. In addition, the IDB also finances and mentors studies conducted by other institutions in order to build knowledge and research capacity. The Bank supports two organizations: the Institute for the Integration of Latin America and the Caribbean, also known as INTAL; and the Inter-American Institute for Economic and Social Development, or INDES.
Latin American middle-class entrepreneurs tend to face less advantageous conditions in terms of resources and skills acquisition than those belonging to more affluent social strata or the same segment in more development countries. This opens up room for important policy interventions such as fostering stronger entrepreneurial networks and boosting access to finance.
This paper analyzes capital inflow surges in emerging economies from 1980 to 2005 and suggests that that recent inflow surges characterized by high portfolio and banking inflows are a potential cause for concern and that the results constitute a prima facie case for macro prudential interventions.
The main lesson from Europe's experience is that Latin America must take advantage of the current context of growth, stability and optimism in order to carry out much-needed reforms that will leave countries adequately prepared to face a downturn in the world economy.