(Disponible en idioma inglés únicamente) Hay un abundante cúmulo de elementos de juicio empíricos que vinculan a las instituciones que funcionan bien y la buena gestión gubernamental con mejores resultados económicos y sociales. Determinar qué combinación de factores produce mejores...

Abundant empirical evidence links well-functioning institutions and good governance to better economic and social outcomes. It is thus an important challenge to determine which conjunction of factors produces better institutions. Along this line, the objective of this paper is twofold. First, it...

The paper examines the consequences of the deficiencies in the legal protection of creditors` rights and the low efficiency of judicial enforcement on the functioning of credit markets in Paraguay, as well as the solutions developed to compensate for the informality and enforcement flaws of...