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Bustillo, InésVelloso, HelviaDe bonos Brady a bonos globales: el acceso de América Latina y el Caribe a los mercados internacionales desde la década de 1980

Due to historically low internal saving rates, access to external financing is very important to Latin America and the Caribbean (LAC), even more so in the context of the 2030 Agenda and the implementation of the Sustainable Development Goals (SDGs). Public financing falls short of what is needed...


Bustillo, InésPerrotti, Daniel E.Velloso, HelviaSovereign credit ratings in Latin America and the Caribbean: Trends and impact on debt spreads

The objective of this report is to analyze the impact of recent global financial trends on the access to private external financing by Central American and Caribbean (CAC) economies, as well as their performance in international capital markets in recent years. The CAC economies, like many other ...


Bustillo, InésVelloso, HelviaAccess to international capital markets: recent developments in Central America and the Caribbean

Global economic conditions have been deteriorating sharply since mid- September 2008. Lending has dropped abruptly, credit spreads have widened sharply, stock markets have plunged and economies everywhere are stumbling. Governments around the world have undertaken unprecedented measures, includin...


Bustillo, InésVelloso, HelviaThe global financial crisis: what happened and what’s next

A inicios de la década de los ochenta estalló la crisis de la deuda externa, marcando un punto de inflexión en la historia económica de América Latina y el Caribe. Con ello se desencadenó la crisis de una estrategia de desarrollo que —con diferencias entre países y modificaciones a lo largo del t...


Ocampo, José AntonioStallings, BarbaraBustillo, InésVelloso, HelviaFrenkel, RobertoLa crisis latinoamericana de la deuda desde la perspectiva histórica

The economic challenges in the Caribbean can be linked in significant measure to the region’s external vulnerability. This paper looks at trends in financial flows in the context of the region’s need to strengthen its resilience. It starts by focusing on three concepts: vulnerability, fragility a...


Bustillo, InésVelloso, HelviaDookeran, WinstonPerrotti, Daniel E.Resilience and capital flows in the Caribbean

En esta publicación se examina la forma en que la financiación de la deuda externa ha evolucionado en las últimas tres décadas. Se remonta 30 años y se analiza la trayectoria de la región de América Latina y el Caribe desde la singular perspectiva del acceso a los mercados financieros internacion...


Bustillo, InésVelloso, HelviaLa montaña rusa del financiamiento externo: El acceso de América Latina y el Caribe a los mercados internacionales de bonos desde la crisis de la deuda, 1982-2012

The objective of this paper is to assess the challenges that Puerto Rico’s economy is currently facing. Puerto Rico’s development experience in the postwar period is briefly discussed in order to understand the nature of the island’s current situation. Puerto Rico’s recent economic performance, c...


Bustillo, InésVelloso, HelviaPuerto Rico: Fiscal and economic growth challenges

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