Venture capital (VC) contributes to the financing of high-growth companies. In Latin America and the Caribbean, this capital is lower than in China and India as well as the developed economies. Nonetheless, between 2005 and 2011, regional VC investments grew by 30% per year. Venture capital investments in Latin America and the Caribbean tend to be larger, focus less on high-technology industries and are more likely to be funded from abroad than those in benchmark regions. Transactions in Latin America and the Caribbean are made by less experienced investors and in fewer rounds than in comparat…
El capital de riesgo contribuye al financiamiento de empresas de alto crecimiento. En América Latina y el Caribe este capital es menor que en las economías desarrolladas y menor que en China y la India. Sin embargo, en 2005-2011, el capital de riesgo regional creció un 30% anual. Comparado con regiones de referencia, las inversiones en capital de riesgo en América Latina y el Caribe tienden a ser más grandes, se centran menos en sectores de alta tecnología y es más probable que se financien desde el extranjero. Las transacciones de capital de riesgo en la región son realizadas por inversionist…
Monetary regimes and labour institutions: an alternative interpretation of the downward trend in exchange-rate pass-through in peripheral countries / Martín Cherkasky and Martín Abeles . -- Models of the developmental state / Luiz Carlos Bresser-Pereira .-- The development of venture capital in Latin America and the Caribbean: a comparative perspective / Ernesto H. Stein and Rodrigo A. Wagner .-- The heterogeneity of effects of preschool education on cognitive outcomes in Latin America / Juan Antonio Dip and Luis Fernando Gamboa .-- Economic growth and financial development in Brazil: a flexib…