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
- 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.
DIA 2019: Trading Promises for Results
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.
LATEST BLOG POSTS
The number of people infected with the novel coronavirus has surpassed 5 million worldwide. However, a significant number of countries are entering a new phase in the fight against SARS-COV-2, as the virus that causes the Covid-19 illness is known. As can be seen from the following maps prepared using data from Oxford University, restrictions […]
The post COVID-19: We Must Use Behavioral Science to Communicate Better during the Delicate Reopening Period appeared first on Ideas Matter.
For a recent report on ending lockdowns in Latin America, our colleagues here at the Inter-American Development Bank collected recommendations from different international organizations (including the World Health Organization and the European Commission), governments, and think tanks on how and when to begin reopening economies. Although there are important differences between the proposals, there are […]
The post Has the Pandemic Peaked in Latin American Countries? appeared first on Ideas Matter.
On May 15th, 2020, there were 450,000 confirmed cases of COVID-19 and more than 25,000 related deaths in Latin America and the Caribbean. In the absence of a cure or a vaccine, countries in the region have resorted to lockdowns and physical distancing to reduce the rate of infection and avoid overwhelming national health systems. […]
The post Poor Health, Poverty and the Challenges of COVID-19 in Latin America and the Caribbean appeared first on Ideas Matter.