La estructura y selección de temas de la presente publicación responde, en su mayor parte, a un diagnóstico de crecimiento para Guatemala realizado en 2007, donde se identificaron un conjunto de factores que afectan las posibilidades de desarrollo del país. A lo largo de estas páginas hay...

'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural...

During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central...

La región de América Central, Panamá y la República Dominicana, ha avanzado en los últimos años, tanto en materia de crecimiento como de fortalecimiento macroeconómico y de integración comercial con la economía global. Sin embargo, tras la crisis global, se ha configurado un nuevo...

In this paper we aimed at investigating expenditure smoothing at the subnational level in Argentina. We develop a theoretical model that provides precise predictions about how public expenditures should react to innovations in provincial revenues. We test these predictions using provincial...

During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central...

La estructura y selección de temas de la presente publicación responde, en su mayor parte, a un diagnóstico de crecimiento para Guatemala realizado en 2007, donde se identificaron un conjunto de factores que afectan las posibilidades de desarrollo del país. A lo largo de estas páginas hay...

This paper analyzes extractive industries in Colombia and their connections to other economic activities in the country. We use detailed social security data on all formal employees to create an industry-relatedness measure using labor flows between industries. Drawing on the vast network...

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...

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...