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)