The World Federation of Development Financing Institution’s Knowledge Hub (WFDFI_KH) is an online portal that clusters knowledge and resources on development financing across all development intervention areas. It is a free-for all web space where development financing practitioners and enthusiasts could access existing and compelling knowledge products from a wide range of institutions, with diverse structure and procedures, engaged in supporting and promoting development finance and its crosscutting issues in advancing policies, processes, programs, projects and practices for the benefits of their beneficiaries and stakeholders. The two-fold purposes of the WFDFI_KH are shaping and advancing policy and advocacy positions that impact the development of the banking and finance community worldwide and improve DFI capacity, as well as facilitating knowledge management and sharing.
The COVID-19 shock hit firms hard, on average, but how did it hit in the distribution of firms, differently between the high-growth superstars and the firms that were already struggling to survive? This paper implements graphical techniques and quantile regression to analyse the effect of the COVID-19 shock across the distribution of firms.
In 2022, North African countries struggled with the challenges of rising inflation and growth recovery, which have been exacerbated by external shocks, including the long-lasting effects of the COVID-19 pandemic and the spillover effects of Russia’s invasion of Ukraine. The region registered moderate economic growth of 4.1 percent in 2022 against 5.4 percent in 2021.
An ageing population, the energy transition, and faltering globalization will continue to put pressure on business costs in the coming years.
What can companies do to adapt to these potentially profit-threatening trends?
BDC surveyed 1,500 small and medium-sized enterprises (SMEs) to understand how the rising cost of doing business is affecting them and what strategies they can adopt to address it.
The 2023 first quarter edition of the Quarterly Business Review (QBR) provides management with a status of the Bank's performance. The QBR reports on outputs, lending program priorities and organizational indicators on a quarterly basis to allow management to monitor progress in achieving corporate results. This periodic monitoring supports evidence-based decision making and allows for timely identification of deviations from targets and enables effective implementation of measures to address them.
Latin America and the Caribbean is one of the most unequal regions in the world. Not only is this inequality high, but it is even excessive for the level of development of the region, indicating a kind of Latin American exceptionalism. Moreover, inequality in the region is not new, with its origins dating back to colonial times. Despite the many advances achieved in different economic and social development indicators in recent decades, average inequality levels in the region have not changed substantially or sustainably. Beyond countryspecific nuances, they continue to be a characteristic feature of Latin American and Caribbean societies. The Report on Economic Development 2022 (RED 2022) states that the high inequality in the region has very deep roots, driving its persistence over time. As a result of this inertia, who the most and least wealthy or advantaged individuals and families are has persisted steadily over time. RED 2022 documents and explains the evolution of intergenerational mobility in the region, assessing the multiple dimensions that determine the levels of wellbeing of parents and children.
How much wealth has accumulated in the region and how is it distributed across households? Despite being widely recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it difficult to answer these basic questions. In this study, we estimate aggregates based on macroeconomic data, and inequality based on recently available surveys. We contrast our results with the literature, with a handful of state-of-the-art estimates from administrative sources, and with more available but extrapolated estimates from Credit Suisse and wid.world. Considering all the evidence, we distinguish reliable facts from what can only be conjectured or speculated. We find that aggregate wealth increased over two decades in four countries, now ranging close to 3.5 the national income for market value estimates and 5-6 times at book values. We also find that wealth inequality is amongst the highest in the world were it can be measured. Given data limitations, one can only speculate about aggregates in opaque countries and about inequality trends in any country in the region.
Author: Carranza, Rafael; De Rosa, Mauricio; Flores, Ignacio
This report examines the production structure of the countries of the region in order to pinpoint strategies for economic recovery, job creation, and export diversification. In this way, public policy responses will be able to take into account the specific characteristics of each sector
Using the Brazilian administrative credit registry data with the universe of all
consumer loans originated by banks in the country from 2013 to 2019, we document
high borrowing interest rates, which vary systematically with individual’s
characteristics. In particular, even after controlling for several observable
individual attributes (such as income, occupation, and default probabilities,
low-income), individuals pay higher interest rates than high-income borrowers.
El informe mensual de coyuntura económica de enero presenta un análisis ad hoc del desempeño macroeconómico del mundo en general y de Centroamérica en particular, con información disponible al 14 de febrero de 2023. Algunos países reportaron un crecimiento mayor al esperado en el último trimestre de 2022, y existe un mayor optimismo sobre las perspectivas futuras reflejado en una posibilidad menor de recesión económica mundial en 2023.
This report provides estimates of Latin America and the Caribbean’s international trade flows for 2022. It was prepared by the Integration and Trade Sector (INT) at the Inter-American Development Bank (IDB), in partnership with its Institute for the Integration of Latin America and the Caribbean (INTAL), under the overall supervision of Fabrizio Opertti, Sector Manager, Pablo García, Regional Integration Unit Chief, and Ana Basco, Director of INTAL.