the second edition of the series institutions for people focuses on the public development banks of latin america and the caribbean as they enter a new paradigm. throughout its six chapters, this book tackles the theme from an integral perspective, analyzing the institutional aspects needed, and the financial and non-financial instruments available, to consolidate the role of public development banks in promoting development with fiscal and financial responsibility. the approach is structured according to the questions arising from the current situation, which relate to the significance of these institutions within financial systems, the impact evaluations of their performance, and the new challenges and opportunities they face.