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Central America, Panama, and the Dominican Republic
Central America, Panama, and the Dominican Republic coped well with the global financial crisis of 2008-09. The impact was generally less severe and shorter lived than in previous episodes, the balance of payments adjustment was orderly, and the stability of the financial system was not compromised. This resilience can be attributed to a large extent to the strengthening of the fiscal frameworks, monetary management, and financial reforms conducted in the years preceding the global crisis. Nevertheless, the region faces considerable challenges for the period ahead, including the need to raise medium term growth above historical levels and protect macroeconomic and financial stability. This b...
Developments in Financial Supervision and the Use of Macroprudential Measures in Central America
Improvements in financial regulation and supervision in the Central American region (CAPDR) have strengthened financial stability. Prudential instruments with potential macroeconomic effects have been introduced. Nonetheless, compared with the larger Latin American and selected industrial countries, there is still important scope for CAPDR to enhance financial supervision and regulation. Based on two surveys, and the analysis of the Basel Core Principles, the paper determines that some weaknesses exist in risk-based supervision, and that macroprudential measures have scarcely been deployed.
Education Directory
Lists institutions in the United States and its outlying areas that are legally authorized to offer and are offering at least a one-year program of college-level studies leading toward a degree.
Latino Immigrants in the United States
This timely and important book introduces readers to the largest and fastest-growing minority group in the United States - Latinos - and their diverse conditions of departure and reception. A central theme of the book is the tension between the fact that Latino categories are most often assigned from above, and how those defined as Latino seek to make sense of and enliven a shared notion of identity from below. Providing a sophisticated introduction to emerging theoretical trends and social formations specific to Latino immigrants, chapters are structured around the topics of Latinidad or the idea of a pan-ethnic Latino identity, pathways to citizenship, cultural citizenship, labor, gender, ...
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