Many small countries on the periphery have experimented with policies and institutions that could usefully be adopted by others.
Two…
American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had…
Historically, many countries have suffered a pattern of procyclical fiscal policy: spending too much in booms and then forced to cut back…
The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general,…
This paper summarises the findings of an evaluation of the Programme of Advancement through Health and Education (PATH), a conditional cash…
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
Patronage—the discretionary allocation of public sector jobs—continues to be a dominant way government is staffed in most Latin American…
Throughout, the history of the Latin America and Caribbean (LAC) region, natural resource wealth has been critical for its economies.…
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Despite recent growing demand from funders and governments, rigorous impact evaluations in Latin America and the Caribbean remain the…