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Blog Post
December 11, 2015
It is a major concern often heard from US border residents: how much might increasing drug cartel violence in Mexico “spill over” into the United States? It’s certainly true that illicit markets—in drugs, guns and people—have long flourished across the 2,000 mile fronti...
WORKING PAPERS
November 19, 2015
This paper investigates the shifts in Latin American banks’ funding patterns in the post-global financial crisis period. To this end, we introduce a new measure of exposure of local banking systems to international debt markets that we term: International Debt Issuances by Locally Supervised I...
Blog Post
November 17, 2015
The Latin American Shadow Regulatory Committee, known as CLAAF for its Spanish acronym, warns today in its biannual statement that despite positive policies and safeguards, the region is facing external and local risks that could affect its economic and financial outlook.
Nov
17
2015
10:30—12:00 PM
November 04, 2015
Multiple crises in the Latin American past, including severe banking crises, have been accompanied by sharp and persistent devaluations. This time around, the impressively large currency depreciations (over 50 percent in some countries) resulting from the ongoing commodity price shock and volatile i...
Blog Post
October 19, 2015
If you want a simple explanation of why climate change is a development issue, Juliana Santiago can provide it. The head of the Amazon Fund department at Brazil’s national development bank BNDES tells me “we identified that our economy was dependent on the maintenance of the forest,&rdqu...