Ideas to action: independent research for global prosperity
Does SDR Recycling Impair Reserve Management?
November 14, 2023
Improving School Management of Violence in Peru
November 22, 2023
Financial Integration and Foreign Banks in Latin America: Do They Amplify External Financial Shocks? - Working Paper 203
January 31, 2010
This paper explores the impact of international financial integration on credit markets in Latin America. The overall effect is positive, but the foreign banks do tend to amplify the impact of foreign shocks on credit and interest rates. Important policy recommendations include ring-fencing mechanis...
The International Financial Crisis: Eight Lessons for and from Latin America - Working Paper 202
January 22, 2010
This paper presents lessons derived from the 2008–09 financial crisis for Latin America and developing countries in other regions that might seek economic growth in the context of greater integration to the international capital markets.
The Right Response in Latin America to Oil and Food Price Pressures: Fight Inflation Now!
August 15, 2008
CGD senior fellow Liliana Rojas-Suarez argues that the recent sharp spike in food and oil prices, above the long term upward trend, threatens Latin America’s stability and is the result of excess global liquidity and the U.S. credit mess. She says the region must fight inflation now and, going forw...