Author/Editor: Jean François Clevy, Guilherme Pedras, Esther Perez Ruiz.

Release Date:December, 2021

The pandemic has urged countries around the globe to mobilize financing to support the recovery. This is even more relevant in Central America, where the policy response to cushion the pandemic's more...

Author/Editor: Julia Bersch, Jean François Clevy, Naseem Muhammad, Esther Perez Ruiz, Yorbol Yakhshilikov.

Release Date:June, 2021

This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance financial inclusion in Central America. Digital remittances remain nascent in the more...

Author/Editor: Esther Perez Ruiz, Mauricio Soto.

Release Date:March, 2019

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity more...

Author/Editor: Esther Perez Ruiz.

Release Date:July, 2017

Chile’s small open economy with significant mismatch between the production and consumption baskets may be represented by three stylized sectors, a commodity sector, a non-commodity more...

Author/Editor: Fabio Comelli, Esther Perez Ruiz.

Release Date:November, 2016

A strand of research documents Chile’s copper dependence hence significant exposure to terms of trade shocks. Copper prices’ sharp decline and forecast uncertainty since the end of the commodity more...

Author/Editor: Esther Perez Ruiz.

Release Date:July, 2016

This paper examines inflation dynamics in Chile during the last peso depreciation episode 2013-15. The evidence is for substantial pass-through effects to inflation, given the large and persistent more...

Author/Editor: Steven Pennings, Esther Pérez Ruiz.

Release Date:November, 2013

Should fiscal consolidations be front-loaded or proceed at a more steady pace, and how does this affect growth? We make an attempt to address this question using a three-step methodology. First, we more...