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Blog Post
December 23, 2015
While you might not know it from the weather, there’s at least one sure sign it’s December in DC. No, we’re not referring to the oversized and ornamented evergreens on the Capitol and White House lawns, but to the recent mad dash by Congress to wrap up remaining legislative busines...
Blog Post
December 16, 2015
The first thing we should be asking is why now in particular, since conditions have not really changed much in the past few months. For example, back in September, there were large uncertainties in the global economy. China’s economic slowdown was causing alarm. Volatility in international cap...
Blog Post
December 01, 2015
Yesterday the US Senate voted to confirm Gayle Smith as USAID’s new administrator. Despite the rapidly expiring clock on this administration, filling USAID’s top post is critical for both the agency and for US leadership in global crises and development efforts abroad. The Syrian refugee...
WORKING PAPERS
November 19, 2015
This paper investigates the shifts in Latin American banks’ funding patterns in the post-global financial crisis period. To this end, we introduce a new measure of exposure of local banking systems to international debt markets that we term: International Debt Issuances by Locally Supervised I...
Blog Post
November 17, 2015
The Latin American Shadow Regulatory Committee, known as CLAAF for its Spanish acronym, warns today in its biannual statement that despite positive policies and safeguards, the region is facing external and local risks that could affect its economic and financial outlook.
Blog Post
October 22, 2015
After Nancy Birdsall wrote from Lima last week that she’d been (happily) surprised to see microeconomic issues atop the agenda at the normally macro-heavy World Bank/IMF meetings, I now offer an alternative perspective from the meetings in the Peruvian capital: financial in...
Blog Post
September 29, 2015
Last week USAID, the world’s largest aid agency, released its Vision for Ending Extreme Poverty. That’s right, USAID (an agency not usually known for its foresight and strategic acumen) has already put forth its plan on how it intends to reorient the Agency to meet the call to end e...
Blog Post
August 25, 2015
The World Bank does maintain an impressively large database of remittance prices around the world, called Remittance Prices Worldwide, covering over 200 remittance corridors. It is a massive undertaking which involves surveying hundreds of remittance companies across 32 different countries roughly e...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
Since its establishment more than 50 years ago, the US Agency for International Development (USAID) has become a $17-billion-a-year agency stretched across the globe, operating in 125 countries and 36 different program areas. It covers nearly every development challenge, including those surrounding...