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Préstamo Contingente para la Emergencia de Salud Pública Causada por la COVID-19
El objetivo general de la operación es contribuir a fortalecer la respuesta inmediata de salud pública del país a la emergencia COVID-19. El objetivo específico es aumentar la disponibilidad y la eficiencia del financiamiento del país para cubrir gastos públicos extraordinarios relacionados con la emergencia COVID-19.

Detalle del Proyecto

País

Guyana

Número de Proyecto

GY-O0006

Fecha de aprobación

Noviembre 6, 2020

Etapa del Proyecto

Cerrado

Tipo de Proyecto

Contenedor

Sector

MERCADOS FINANCIEROS

Subsector

RIESGO DE FINANCIAMIENTO

Instrumento de préstamo

-

Código del instrumento de préstamo

-

Modalidad

Facility

Tipo de establecimiento

CCF por desastres naturales (CCF)

Categoría de Impacto Ambiental y Social

Directiva B.13 no categorizada

Costo Total

USD 22,000,000.00

Financiamiento de Contrapartida del País

USD 0.00

Cantidad

USD 22,000,000.00

Información Financiera

¿No puede encontrar un documento? Solicitud de información

Otros Documentos
https://www.iadb.org/document.cfm?id=EZIDB0000289-844624601-6
GY-O0006. PCR Checklist Investment.xlsx
Publicado Jan. 25, 2024
Descargar
Etapa de Implementación
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8526
Contract - Contingent Loan for COVID-19 Public Health Emergency.pdf
Publicado May. 24, 2021
Descargar
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48964
Contingent Loan for COVID-19 Public Health Emergency.pdf
Publicado Nov. 13, 2020
Descargar
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48965
Préstamo Contingente para la Emergencia de Salud Pública Causada por la COVID-19.pdf
Publicado Nov. 13, 2020
Descargar
https://www.iadb.org/document.cfm?id=EZSHARE-2122383238-26
Guyana. Propuesta de Préstamo Contingente para la Emergencia de Salud Pública Causada por la COVID-19.pdf
Publicado Oct. 27, 2020
Descargar
https://www.iadb.org/document.cfm?id=EZSHARE-2122383238-27
Guyana. Proposal for a Contingent Loan for COVID-19 Public Health Emergency.pdf
Publicado Oct. 27, 2020
Descargar

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Publications
Published 2022
Allocative Efficiency of Government Spending for Growth in Latin American Countries
There is scant empirical economic research regarding the way that Latin American governments efficiently allocate their spending across different functions to achieve higher growth. While most papers restrict their analysis to the size of government, much less is known about the composition of spending and its implications for long-term growth. This paper sheds light on how allocating expenditures to investment in quality human and physical capital, and avoiding waste on inefficient expenditures, enhance growth in Latin America. This paper uses a novel dataset on physical and human capital and detailed public spending that includes -for the first time- Latin American countries, which is categorized by a cross-classification that provides the breakdown of government expenditure, both, by economic and by functional heads. The database covers 42 countries of the OECD and LAC between 1985 and 2017. There are five main results. First, the estimated growth equations show significant positive effects of the factors of production on growth and plausible convergence rates (about 2 percent). The estimated effect of the physical investment rate is positive and significant with a long-run elasticity of 1.2. Second, while the addition of years of education as a proxy for human capital tends to have no effect on growth, the addition of a new variable that measures quality-adjusted years of schooling as a proxy for human capital turns out to have a positive and significant effect across all specifications with a long-run elasticity of 1.1. However, if public spending on education (excluding infrastructure spending) is added to the factor specification, growth is not affected. This is mainly because, once quality is considered, spending more on teacher salaries has no effect on student outcomes. Therefore, the key is to increase quality, not just school performance or education spending. Third, both physical and human capital are equally important for growth: the effect of increasing one standard deviation of physical capital or human capital statistically has the same impact on economic growth. Fourth, increasing public investment spending (holding public spending constant) is positive and significant for growth (a 1% increase in public investment would increase the long-term GDP per capita by about 0.3 percent), in addition to the effect of the private investment rate. However, the effect of public spending on payroll, pensions and subsidies does not contribute to economic growth. Fifth, the overall effect of the size of public spending on economic growth is negative in most specifications. An increase in the size of government by about 1 percentage point would decrease 4.1 percent the long-run GDP per capita, but the more effective the government is, the less harmful the size of government is for long-term growth.
Blogs
Published 2023
El dilema entre salud y economía: un modelo para guiar la formulación de políticas a partir del COVID-19
¿Sabías que, durante la pandemia, se creó un modelo para ayudar a tomar decisiones informadas y guiar la formulación de políticas?
Publications
Published 2022
Options for a Reform of the Mexican Intergovernmental Transfer System in Light of International Experiences
This paper focuses on the design of intergovernmental transfers to reduce vertical and horizontal fiscal imbalances and improve the performance of subnational governments. It provides an overview of international experiences, especially of large federations, with a view to devising viable options for reform of the transfer system in Mexico. While there is no one-size-fits-all ideal model of design and implementation of intergovernmental transfer systems, this analysis points to some lessons that can inform reforms, including the need to view intergovernmental transfers as an integral part of the overall system of intergovernmental fiscal relations; the use of different types of intergovernmental transfers that are best suited to fulfill different objectives; and the incorporation of equalization schemes to address regional disparities. In the light of these experiences, we find that the current Mexican transfer system is too fragmented, is linked to volatile oil revenues, involves substantial discretion in the allocation of a significant portion of the transfers, and lacks sufficient equalizing power. This paper presents and discusses possible reform options and demonstrates that it is altogether possible to reduce transfer dependence to promote effort and fiscal responsibility; simplify the system to increase predictability and ease its administration; eliminate discretion to increase transparency and establish stronger subnational budget constraints; and improve fiscal equalization to promote equity in subnational service delivery. Careful consideration of political economy dynamics is given in the simulations of possible reforms, with a view to minimizing short-term gains and losses as well as political opposition.
Blogs
Published 2022
¿Por qué las ciudades son tan importantes para la salud?
Ciudades saludables, salud urbana
Blogs
Published 2023
De la crisis del covid-19 a la resiliencia: Caja de herramientas para actores del sector energía de América Latina y el Caribe
La crisis generada por Covid-19 reafirmó la relevancia de los servicios públicos en la vida de las personas y para las economías. En particular, garantizar el acceso a la energía en esas condiciones imprevistas constituyó una de las principales preocupaciones de los gobiernos y de los actores públicos y privados del sector energético durante los
Blogs
Published 2023
Lecciones para incrementar la resiliencia del sector energético
En el sector de energía, la resiliencia refiere a la capacidad de este sector para resistir absorber, adaptarse y recuperarse de manera rápida y eficaz frente a potenciales trastornos. Estos pueden incluir fallos en los sistemas, desastres naturales, ataques cibernéticos, o cambios en la demanda. La pandemia de COVID-19 tuvo un impacto significativo en el
Blogs
Published 2021
Transparencia y seguimiento al gasto público: COVID-19 en República Dominicana
El principal reto de una plataforma de transparencia y seguimiento al gasto público radica en integrar conjuntos de datos generalmente dispersos en diversos formatos, y presentarlos de manera tal que se pueda contar una historia y dar fe de su trazabilidad. Una historia que, además, debe entenderse de manera sencilla y práctica. La información pública
Blogs
Published 2022
¿Cómo influye la ciudad en el que vivo en mi salud?
Una madre con un bebé sentados frente a un río y fabricas que emiten humo y contaminación
Blogs
Published 2023
Fatiga fiscal en América Latina y el Caribe: una amenaza creciente
Durante la pandemia de COVID-19, los gobiernos de América Latina y el Caribe gastaron generosamente buscando apoyar a familias, empresas y bancos, ayudando a aliviar la penuria económica, pero también empujando la deuda pública muy por encima de los niveles históricos. Estos niveles de deuda, que en 2020 se situaban en el 72% del PIB
Blogs
Published 2021
Es hora de decirle adiós al tabaco
12% de los fumadores del mundo viven en América Latina y el Caribe. Cada año, el consumo de tabaco contribuye al crecimiento de enfermedades no trasmisibles y provoca un millón de muertes en la región. Si el tabaco es la causa de muerte más prevenible, ¿cómo pueden los países lograr que su población deje de fumar?
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