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This report starts with a short historical background, which describes the ascendancy of macroeconomic policies over social development policies. It continues with an evaluation of the relation...

This paper looks at the role of developing countries’ domestic policies in managing externally generated boom-bust cycles. It draws upon an extensive list of recent literature on the subject and upon...

This report is a study of Brazil’s derivatives markets. It examines their important role in the economy, and their role in monetary policy making by the Brazilian Central Bank (BCB). The first part of...

This paper seeks to provide a systematic framework for the main ideas that have been developed by ECLAC concerning the effects that market-led reforms have had on labor, financial and technology...

This report presents the GIWA assessment of the Caspian Sea – the largest land-locked water body on earth, bordered by five countries and influenced by three more in the catchment area. The assessment...

This report presents the results of the GIWA assessment of the Sea of Okhotsk region. Rapid population growth and economic development have led to increasing pollution loads in the Amur River basin...

This report presents the results of the GIWA assessment of the Oyashio Current region – one of the most productive waters in East Asia. Changes in the hydrological cycle and ocean circulation have...

This report presents the assessment of Lakes Turkana, Tanganyika, Victoria and Malawi – the largest of the East African Rift Valley Lakes and among the oldest lakes in the world. The lakes are...

This report presents the GIWA assessment of the Mekong River region. Rapid economic development and population growth are increasing the demand for water, energy and food, necessitating more hydro...

This report presents the GIWA assessment of the Humboldt Current region. The world’s largest upwelling area, supporting highly productive fisheries, is located within the boundaries of the region. The...

This report presents the assessment of the GIWA Eastern Equatorial Pacific region, which includes parts of Mexico, Guatemala, Honduras, Nicaragua, Costa Rica, Panama and Colombia. Pollution in the...

This report presents the results of the GIWA assessment of the Colombia & Venezuela and Central America & Mexico sub-systems. In the Colombia & Venezuela sub-system, coastal habitats are being...

This paper explores the complementary use of capital account regulations, and counter-cyclical prudential regulation of domestic financial intermediaries. It explains how these two finance policy...

This report examines the factors that have affected the flow of capital from developed countries to the emerging economies of Latin America and Asia, in recent years. It is divided into three parts...