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(Available in Spanish only).
Despite governments’ best efforts, many people in Latin America and the Caribbean don’t have the skills they need to thrive. This book looks at what policies work, and don’t work, so that governments can help people learn better and realize their potential throughout their lifetimes. (View publication)
This paper analyzes influences on the credit standing of Multilateral Development Banks (MDBs), specifically the quality, diversification and single name concentration of their portfolios, and on the market practice known as Preferred Creditor Status (PCS), whereby sovereigns that default on other debt rarely fail to meet their obligations to MDBs. The paper examines how rating agencies assess MDB ... (View publication)
Payroll taxes along with minimum wages have derived in a remarkable increase in labor costs in Latin America since the nineties. Given that, simultaneously, corporate taxation rates have dropped, this study analyzes the probability of a resulting anti-labor taxing bias in Latin American countries. An accounting approach is used which allows calculating the effective rates of taxation for both work ... (View publication)
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