Author/Editor: Pelin Berkmen, Kimberly Beaton, Dmitry Gershenson, Javier Arze del Granado, Kotaro Ishi, Marie Kim, Emanuel Kopp, Marina V Rousset.

Release Date:March, 2019

In Latin America and the Caribbean (LAC), financial technology has been growing rapidly and is on the agenda of many policy makers. Fintech provides opportunities to deepen financial development, more...

Author/Editor: Cheikh A Gueye, Javier Arze del Granado, Rodrigo Garcia-Verdu, Mumtaz Hussain, B Jang, Sebastian Weber, Juan S Corrales.

Release Date:March, 2014

During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign more...

Author/Editor: David Coady, Javier Arze del Granado, Luc Eyraud, Anita Tuladhar.

Release Date:January, 2013

Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. more...

Author/Editor: Sanjeev Gupta, Alejandro Hajdenberg, Javier Arze del Granado.

Release Date:October, 2010

This paper studies the cyclical behavior of public spending on health and education in 150 countries during 1987 - 2007. It finds that spending on education and health is procyclical in developing more...

Author/Editor: David Coady, Javier Arze del Granado.

Release Date:September, 2010

This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; more...