With an eye toward the Latin American and Caribbean (LAC) Region, this case study provides a practical guide to fiscal instruments that can promote climate change agendas, focusing on lessons learned from country experiences implementing these mechanisms. As most countries have historically...

This paper shows, first, that non-commodity revenues are more volatile in oil- and mineral-rich countries and that quality of institutions is associated with lower volatility. We investigate the channels through which oil and mineral revenue volatility lead to non-commodity revenues volatility,...

This document (Cancún COP-16) represents a coordinated effort among several institutions and organizations in the Latin America and the Caribbean region to present the results of a joint reflection on the issue of water-based adaptation to climate change as part of a Regional Policy Dialog...

This document discusses Latin America's dual role as a conservator of natural resources and producer of agricultural services. The author addresses the expansion of agriculture across the region and intensification of agriculture in Latin America. The environmental impact of this expansion and...

This paper explores options to minimize threats posed to IDB-financed physical investments by the impacts of climate change. A large proportion of projects are implemented in climate-sensitive sectors (e.g., agriculture, water resources, and transport). In these cases, the norm is to consider...

This report discusses the opportunities and challenges for Clean Development Mechanism (CDM) projects in Latin America. CDM is an important tool to improve the viability of many clean technology investments as it offers a number of important opportunities including increasing a project's...

This presentation discusses the cost of impacts of climate change on the Caribbean. The response of adaptation will need to be applied towards an integral strategy to build on disaster risk reduction best practices and climate risk management. The response of the IDB to the climate change needs...

This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...

This study deals with the appropriate macroeconomic policies toward international capital flows. It argues that countries in a position to integrate themselves into world capital markets should develop specific policies to deal with capital flows. This paper first shows that foreign capital...

This paper examines the liberalization process in the context of reflecting on the challenges facing China's financial system and possible lessons that can be learned from the experiences of other emerging market economies. Section 1 begins with a brief look at the characteristics of the Chinese...