This paper studies the impact of workers’ remittances on sovereign ratings in 55 developing countries over the period 1993–2006. First, it looks at the determinants of sovereign ratings, including remittance flows.
In his remarks, A. Gurría said that the middle sectors in Latin America are closer to the disadvantaged than to the affluent in many aspects.
Aunque la clase media en América Latina está creciendo y comienza a ser un motor para el progreso económico, continúa siendo económicamente vulnerable en comparación con los países de alto ingreso de la OCDE, de acuerdo al Secretario General de la OCDE.
Even though the growing middle class in Latin America is becoming an engine of economic progress, it remains economically vulnerable when compared with high income OECD countries, according to the OECD Development Centre’s Latin American Economic Outlook 2010.
Perspectivas Económicas de América Latina 2011
English, , 573kb
Setting the scene: Infrastructure patterns in emerging markets. By Christian Daude and Ángel Melguizo
English, , 2,090kb
Is the social contract in Latin America broken? This paper analyses empirically the relationship between fiscal policy, social mobility and democratic consolidation in Latin America and the Caribbean, using the 2007 and 2008 rounds of the regional Latinobarómetro survey.
English, , 2,165kb
Many indicators suggested that Latin America has faced the crisis in a much better macroeconomic position that in the past. Is Latin America’s new resilience a permanent change?
English, , 853kb
English, , 366kb
Programa 12 de mayo