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Program of Applied Macroeconomics
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Project Detail

Country

Regional

Project Number

TC8905244

Approval Date

May 30, 1990

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

MANAGEMENT FOR DEVELOPMENT RESULTS

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,920,000.00

Country Counterpart Financing

USD 1,310,000.00

Original Amount Approved

USD 1,610,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/SF-3474-RG Sovereign Guaranteed USD - United States Dollar Fund for Special Operations Nonreimbursable
Operation Number ATN/SF-3474-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Fund for Special Operations
  • Financial Instrument: Nonreimbursable
Blogs
Published 2023
Reglas fiscales para economías dependientes de recursos naturales
En las últimas décadas, numerosos gobiernos en América Latina y el Caribe han adoptado reglas fiscales, que intentan imponer disciplina fiscal a los gobiernos e impedirles que gasten de manera procíclica, lo que implica gastar demasiado en tiempos de prosperidad y amarrarse el cinturón en momentos de crisis. Las políticas procíclicas han sido una tendencia
Blogs
Published 2023
Gigantes globales y estrellas locales: cómo los cambios en la propiedad de las marcas influyen en la competencia
Mucho se ha escrito -en gran parte con alarmismo- sobre el aumento observado en la concentración de mercado en toda la economía en los últimos 30 años. La evidencia para esto es indiscutible: desde 1997 hasta 2014, la concentración aumentó en dos tercios de las industrias en Estados Unidos. No es muy difícil concluir a
Blogs
Published 2023
Fiscal Rules for Commodity-Dependent Economies
In recent decades, numerous governments in Latin America and the Caribbean have adopted fiscal rules, which try to enforce fiscal discipline on governments and stop them from pro-cyclical spending, which involves spending too much when times are good and taking the ax to spending when times are bad. Pro-cyclical policies have been a historical trend
Blogs
Published 2023
The Impact of Low Economic Growth and Inflation on Households: A Conversation with Eric Parrado, IDB Chief Economist
This article is part of an effort to make the concepts of our Latin American and Caribbean Macroeconomic Report, which at first sight may seem complex, more accessible to the general public. To explain what the drop in GDP suffered by Latin America and the Caribbean in 2020 as a result of the pandemic means
Datasets
Published 2019
Latin Macro Watch Dataset
The Latin Macro Watch (LMW) is a macroeconomic and financial database that offers indicators on economic activity, fiscal and external accounts, financial markets, and forecasts. Historical data at monthly, quarterly, and annual frequencies will be available starting in 1990 and cover the 26 borrowing members of the Inter-American Development Bank. The database is currently undergoing a revision and enhancement process.
Blogs
Published 2023
Preparing the Macroeconomic Terrain for Renewed Growth
Since 2020, the economies of the world have been hit by a series of severe shocks, most dramatically the COVID-19 pandemic and the Russian invasion of Ukraine. As a result, after growing around 3.9% last year, Latin America and the Caribbean region now faces considerably lower growth projections for 2023, with private forecasters predicting growth
Blogs
Published 2022
Implications of a New Global Financial Landscape for the Southern Cone
Global financial markets are at a crossroads, subject to increased short-term uncertainty as well as structural shifts, both of which pose risks to the macroeconomic and development outlook of emerging economies. To start with, central banks around the world are aggressively tightening monetary policy to fight inflation. This has complex ramifications for exchange rate markets,
Publications
Published 2021
Public Investment Profile for Climate Risk Reduction in Barbados: A Macroeconomic Cost-Benefit Analysis for Reducing the Socio-Economic Risk of Coastal Erosion
The “Study on Disaster Risk Management A macroeconomic cost-benefit analysis for reducing the socio-economic risk of coastal erosion”, a dynamic modelling approach was developed to quantify the macroeconomic costs and benefits of investment in disaster risk reduction. The goal of the developed tool was multifaceted, with emphasis on assessing mixes of disaster risk reduction and financial protection instruments, and with a focus on addressing shortfalls in current disaster risk modelling methods. This work serves as the final report of the project and presents the results of an application of the developed Dynamic Model of Multi-hazard Mitigation Co-benefits (DYNAMMICs) framework to the country case of Barbados, demonstrating the applicability of the approach through empirical assessment of DRR investment options to combat coastal hazards facing the island country.
Blogs
Published 2022
Cómo evitar la COVID económica de larga duración: políticas para apoyar a las empresas y trabajadores en América Latina y el Caribe
Durante los peores momentos de la crisis de la COVID-19, los gobiernos en América Latina y el Caribe ayudaron a las empresas y los hogares con paquetes de apoyo coordinados con la política monetaria de los bancos centrales. Para muchos, las inyecciones de liquidez y la flexibilidad en las reglas de supervisión al sector financiero
Blogs
Published 2020
Four key reforms to bring back economic growth to Barbados
It has often been said that times of crisis can often lead to opportunity for change. Barbados is no stranger to this concept, having faced macroeconomic challenges during the past decade, including low growth, high government spending compared to revenue collection, elevated debt levels and declining international reserves (see Figures 1 to 4). This has
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