The IDB has researchers in many departments 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 finances and mentors studies conducted by other institutions in order to build knowledge and research capacity. All IDB working papers are peer reviewed and meet high editorial standards.

2020 LATIN AMERICAN AND CARIBBEAN MACROECONOMIC REPORT: POLICIES TO FIGHT THE PANDEMIC

Thumbnail

Coordinated by Victoria Nuguer and Andrew Powell

  • Amid the coronavirus pandemic, lockdowns and aggressive social-distancing measures are required to save lives, and countries across Latin America and the Caribbean are taking action.


  • As a result of the changing macroeconomic conditions, financing costs for emerging markets have risen and commodity prices have fallen.


  • There will be large drops in GDP, but this is not a normal recession, so typical countercyclical demand management, both fiscal and monetary, is likely inconducive.


  • Policies should be aimed to provide relief, maintain economic stability and the core of the economy intact for the recovery.

Download

DIA 2019: Trading Promises for Results

Thumbnail

Edited by Mauricio Mesquita Moreira and Ernesto Stein

  • Excessive expectations on the promises of free trade led to disappointment, skepticism and reform fatigue, and in some cases, to policy reversals.

  • Liberalization brought many benefits, including faster growth. Our study finds that a tariff cut accelerates per capita GDP growth. And most Latin Americans favor deeper integration.

  • Some sectors and workers lose with free trade, however, and have incentives to block trade reform. Implementing good trade policies requires a deep understanding of the political economy of trade policy and an adequate institutional architecture for trade policy management.

  • Successful trade policies also require a complementary agenda to facilitate factor reallocation and protect those who are made worse off, in order to make the most of the opportunities offered by global integration, while mitigating associated risks.

Download

LATEST BLOG POSTS

How Gender Discrimination Stops Women from Getting Loans
How Gender Discrimination Stops Women from Getting Loans

It is no secret that in Latin America and the Caribbean, as in much of the world, women are less likely to be paid an equal wage or to be approved for a loan. This is shameful in and of itself. But it is difficult to know how much of the discrimination is due to […]

The post How Gender Discrimination Stops Women from Getting Loans appeared first on Ideas Matter.

Baker or Brady: Lessons of Past Financial Crises for the Pandemic Recovery
Baker or Brady: Lessons of Past Financial Crises for the Pandemic Recovery

The Covid-19 pandemic is different both in nature and in magnitude from the financial crises that have afflicted the region repeatedly in the past. However, the experience of previous crises can provide lessons to help make the recovery from the pandemic more vigorous. Specifically, we should learn from the successes of the Brady Plan of […]

The post Baker or Brady: Lessons of Past Financial Crises for the Pandemic Recovery appeared first on Ideas Matter.

Investing to Create Better Societies Without Sacrificing Returns
Investing to Create Better Societies Without Sacrificing Returns

For a long time, investors eager to use their money to improve the world through socially and environmentally conscious investments worried that they would be sacrificing returns in the process. No longer. Investing that takes into account environmental, social and corporate governance (ESG) factors often equals or even outperforms investments that ignore these factors. Today […]

The post Investing to Create Better Societies Without Sacrificing Returns appeared first on Ideas Matter.

Latest Publications