Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...

Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...

This paper investigates the impact of tourism policy on employment, using the Tourism Development Policy (TDP) implemented in the Argentinean province of Salta during the years of 2003 to 2010 as a case study. Following the Synthetic Control Method for comparative case studies, we use a...

This paper focuses on two research problems. The first is to measure the direct impacts of innovation support measures in Brazil, and the second is to test the hypothesis of indirect effects of innovation policies on non-beneficiary firms through the labor mobility channel, whether resulting...

En este trabajo se estiman los efectos directos e indirectos del apoyo recibido por productores de tecnologías de la información y la comunicación (TIC) ubicados en la ciudad de Córdoba, entre los años 2003 y 2007 en el marco del Programa de Desarrollo de Cadenas Productivas de la Provincia...

This book provides an overview and analysis of the increased presence of European investors in Latin America, in addition to presenting the results of a survey carried out in the major European investor countries whose aim was to analyze corporate investment strategies in Latin America.Abstract:...

A segunda edição da série Instituições para o Povo mostra os bancos públicos de desenvolvimento da América Latina e do Caribe frente a um novo paradigma.Nos seis capítulos que compõem o estudo, o tema dos bancos públicos de desenvolvimento é abordado a partir de uma perspectiva...

"La era de la productividad" describe de qué manera la baja productividad de América Latina y el Caribe impide que la región se ponga a la par de los países del mundo desarrollado. Los autores indagan más allá de las explicaciones macroeconómicas tradicionales y profundizan hasta llegar...