Publications
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América Latina hacia la inclusión social. Avances, aprendizajes y desafíos
Sorry, this entry is only available in Español.
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El modelo de la caja municipal en Perú
One of the most successful and influential initiatives in the history of microfinance in Peru is the cajas municipales system. Of all the independent cajas that became successful, Caja Trujillo is a case in which they harmoniously combined business experimentation with effective regulation, generating a success story that illustrates the growth of microfinance.
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Expansión de las microfinanzas en zonas rurales de América Latina
The inclusion of rural populations in financial markets has long been a social objective of developing countries worldwide. Indeed, pioneering work in the field of microfinance initially focused on rural areas. This brief analyses the impacts of microfinance in rural areas through evidence on rural poverty, as well as the positive effects on consumption and […]
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Innovaciones institucionales y normativas para el desarrollo de las microfinanzas en América Latina
The current performance of the microfinance sector is related to the financial sector reforms in Latin American countries, which started in the late 1980s. Prior to these reforms, the development of microfinance was limited by the excessive regulation of the financial sector, which was mainly based on state involvement. The optimisation of the regulatory framework […]
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Innovaciones tecnológicas en las microfinanzas en América Latina
Sorry, this entry is only available in Español.
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Guía sobre microfinanzas en América Latina
Globally, developing countries face the problem of providing resources to the poor. Social assistance programmes are one option to solve this problem, but they can generate dependency among the beneficiaries. Microfinance was born in Europe in the 19th century as a cooperative movement involving urban wage labourers and small-scale farmers. Microfinance was adopted in Latin […]
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Industrias extractivas y manejo de conflictos
Sorry, this entry is only available in Español.
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Efectos del programa de transferencias condicionadas JUNTOS en el peso al nacer de los niños.
This paper assesses the effect of the Conditional Cash Transfer Program, JUNTOS, on neonatal health of children who were exposed to the Program while in utero. The paper also explores whether JUNTOS has improved the prenatal health care of pregnant women. Different estimation techniques are implemented, including difference-in-differences, maternal fixed effects, and instrumental variables approaches. […]
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Fe y Alegria schools in Peru: analysis of the institutional management and pedagogy model and lessons for public education
The purpose of this chapter is to analyze the characteristics of Fe y alegría’s management both at the institutional and school level, and identify success factors and lessons that can be applied to the rest of the education sector. It analyzes the institutional and pedagogical management and, within each of these, the role of key […]
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Broken Gears: The Value Added of Higher Education on Teachers’ Academic Achievement
A growing literature establishes that good teachers are essential for high quality educational systems. However, little is known about teachers’ skills formation during their college years. In this paper we use a novel panel data set combining two standardized tests for Colombian students: one that is taken at the end of senior year in high […]





