journal

Economía: Spring 2013

Edited by Raquel Bernal, Ugo Panizza, Roberto Rigobon, and Rodrigo Soares July 15, 2013

This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries.

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Contents

• The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets: Why did Latin America Fare Better? Herman Kamil (IMF) and Kulwant Rai (University of Virginia)

• The Latin American Development Problem Diego Restuccia (University of Toronto)

• Dynamic Provisioning: Some Lessons from Existing Experiences Santiago Fernandez de Lis and Alicia Garcia-Herrero (BBVA)

• On the Usefulness and Pitfalls of Development Accounting in Latin America Christian Daude (OECD Development Centre)

About the Editors

Raquel Bernal

Raquel Bernal is an Associate Professor of labor economics and econometrics in the Economics Department at Universidad de los Andes in Bogotá, Colombia.

Ugo Panizza

Ugo Panizza is an associate professor at the Graduate Institute, Geneva, where he teaches econometrics and development economics.

Roberto Rigobon

Roberto Rigobon is currently the Society of Sloan Fellows Professor of Applied Economics at the Sloan School of Management, MIT; a research associate of the National Bureau of Economic Research; and a visiting professor at IESA.