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Reforming Regulations that Harm Productivity and Worker Welfare
An uncomfortable reality lies behind Latin America’s poor growth performance: gains in productivity have been anemic over the last three decades. The costs in long-term GDP growth, as well as higher...
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Greater Efficiency and the Path to a Prosperous Future for Latin America and...
Latin America and the Caribbean has a difficult puzzle to solve. Growing national income is feeding demands for more and better government services. At the same time, because many governments...
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Did Education and Job Experience Reduce Inequality in Latin America?
As Joana Silva and I document in a recent book, earnings inequality declined in 16 of the 17 countries in Latin America for which consistent statistics can be calculated, although the intensity and...
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Nudging: A Path to Greater Childhood Vaccination
How can vaccinations be guaranteed in poor rural areas? Guatemala faced the problem recently when it confronted the declining rates of rural immunization after children’s first year of life, a...
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How the Financing of Firms Affects Prices
Firms in the developed world rely heavily on bank credit. But firms in developing countries, and particularly those in Latin America, rely much more heavily on trade credit–i.e. credit from their...
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A Walk on the Dark Side: Learning from Corporate Use of Behavioral Economics
I recently attended the IlleXBehavior Meeting in Chicago, a gathering of behavioral and tech consultancies and some of the largest companies in the United States. The meeting focuses on the latest...
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Tougher Sentences: The Key to Fighting Crime in Latin America?
Latin America and the Caribbean is in a punitive mood. The penitentiary population doubled in 17 countries to 1.2 million between 2002 and 2014 as a result of tougher sentencing of criminals and could...
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Can the Internet Boost Learning in Latin America?
Can internet access at home stimulate learning among children? It is an especially urgent question in developing countries where digital access and educational achievement lag considerably behind...
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Can Latin American Citizens Change Climate Policy?
Latin Americans enthusiastically backed Pope Francis when in June 2015 he published Laudato Si, his encyclical warning that global warming was “one of the principal challenges facing humanity.”...
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Putting Latin America and the Caribbean’s 2019 Growth Prospects in Perspective
The outlook for the global economy has shifted from a situation of healthy, broad-based growth across the larger economic blocks to a more nuanced view of growth perspectives, with substantial risks...
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