The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...

Recognizing the need to improve the quality of financial disclosure by private sector firms in Latin America and the Caribbean, the Inter-American Development Bank sponsored a conference in September 29-30, 1997 entitled Financial Disclosure and the Development of Financial Markets: The Impact...

'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the...

This publication takes a comprehensive view of all the action areas that need to be addressed in a coordinated and integrated manner to achieve sustainable development for all. The articles included herein deal with how to enhance the quality of life of the poor, how to enable all members of...

This book contains a selection of the major presentations from the conference: "Policy-Based Finance and Alternatives for Financial Market Development" held in Rio de Janeiro, Brazil in early 1996. It explores the generally successful East Asian experiences with policy-based finance and...

In this book, policymakers, academics and market practitioners exchange views on the current economic situation, appropriate financial regulatory and supervisory standards, design of financial market institutions, and efficient safety nets for banks and other financial institutions. This volume...

This book presents a new framework for analyzing the political economy of budget processes in Latin America that is based on the following premises: i) the budget process must be considered as part of the overall policymaking process rather than in isolation; ii) budget outcomes cannot be fully...

Although science has unlocked the secrets of the human genome, the causes of social and economic development remain stubbornly enigmatic. Why do some countries adopt new technologies more readily than others? Why does income inequality persist in some regions--even in the face of rapid economic...

Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth. Included are case studies from seven...

In this book, the United Nations Economic Commission for Latin America and the Caribbean draws upon the Latin American and Caribbean region's experience in order to formulate a historical and multidimensional assessment of the globalization process from the perspectives of developing countries....