This case study looks at the impacts of the Costa Rican Institute of Electricity’s Toro 3 hydroelectric project and its affects on the Recreo Verde tourism center in San Carlos, Costa Rica. Choice…

The risk of losses of income and productive means due to adverse weather can differ significantly among farmers sharing a productive landscape, and is of course hard to estimate, or even “guesstimate”…

The paper tested for the relationship between three different measures of efficiency and the degree of openness to trade for a sample of countries from Latin America and the Caribbean plus the Unites…

Private sector initiatives certifying that producers of goods and services adhere to defined environmental process standards are increasingly popular worldwide. According to proponents, they can…

Reduced emissions due to Reduced Deforestation and Forest Degradation (REDD) is an innovative instrument that entitles developing countries to preserve forests that otherwise would have been cleared…

This paper presents an institutional analysis of the underlying factors affecting the performance of community-based drinking water organizations in rural Costa Rica. More than 1,000 of these…

For the most part, economic research in Latin America has had a ‘macro’ orientation (e.g., economic growth, monetary and fiscal policy, hyperinflation crisis). This is perfectly understandable because…

Economists in Latin America are moving beyond the prevailing ‘macro’ orientation of their research focusing more on questions linked to development and the use and management of the environmental…

Despite the recent popularity of conditional cash transfers (CCT) and payments for environmental services (PES) programs, what determines their success is not well understood. We developed a…