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Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
(CAF, 2012)
In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
The impact of financial repression on interest rate spreads in Venezuela
(CAF, 2009)
This paper empirically examines the effect of financial repression on interest rates spreads in Venezuela. In order to have a measure of financial repression, we built an index that captures the opportunity cost of regulatory ...
Reglas fiscales para la recuperación en América Latina
(CAF, 2021-09-07)
La crisis económica derivada del COVID-19 profundizó los desbalances fiscales que algunos países de América Latina venían acumulando, ante la necesidad de asignar recursos para fortalecer los sistemas de salud, proteger ...
La pandemia del COVID-19 en América Latina: impactos y perspectivas
(CAF, 2021-09-07)
La pandemia del COVID-19 ha tenido un severo impacto socioeconómico en América Latina y el Caribe. La caída sin precedentes de la actividad económica y del empleo ocasionó un marcado deterioro de indicadores de bienestar ...