Aid and trade policies – in OECD countries and in developing countries – might reinforce each other to promote development, or they might be substitutes: the sign of the correlation between trade and aid flows depends on the context. East Asia’s rapid growth demonstrates the important...

Dans les pays de l’OCDE comme dans les pays en développement, l’aide et les politiques commerciales peuvent se conforter mutuellement au bénéfice du développement, ou se substituer les unes aux autres. La manifestation d’une corrélation entre flux commerciaux et flux d’aide dépend...

Dans les pays de l’OCDE comme dans les pays en développement, l’aide et les politiques commerciales peuvent se conforter mutuellement au bénéfice du développement, ou se substituer les unes aux autres. La manifestation d’une corrélation entre flux commerciaux et flux d’aide dépend...

This paper studies intergenerational social mobility in Latin America. We show that persistence in educational achievements across generations is high compared to other parts of the world. That is, not only is the income distribution in Latin America highly unequal, but profound differences in...

Latin American countries exhibit a significant gap in infrastructure stocks, due to low and in many cases inefficient public investment, which is furthermore not compensated by private sector projects. In this paper we analyse trends in public and total infrastructure investment in six large...

This paper contributes to literature on the process of reform in Latin America. We study political economy aspects and the policy making process of reforms in what we identify as the five critical steps through the "life cycle" of a policy reform: the Planning, Dialogue, Adoption,...

Is the social contract in Latin America broken? Many authors have suggested this is the case, given the high levels of inequality, the low levels of taxation and the low quality of public services observed in the region. This paper analyses empirically the relationship between fiscal policy,...