Philanthropist, innovator, and social investment pioneer. It is hard to imagine anybody more qualified to talk about how financial markets can enlist capital to achieve development goals than Sir Ronald Cohen, a driving force behind the invention of the social impact bond and the current president of the UK-based Global Steering Group for Impact Investment. Sir Ronald’s … [Read more...] about Unlocking the Power of Results-Based Financing to Tackle Development Challenges
What does and doesn't work in development
Over the last three decades, Chile has stood out by achieving the highest income per capita in Latin America and the Caribbean, in addition to the highest ranking on the Human Development Index in line with average levels of OECD member countries. Chile has also led progress related to the Sustainable Development Goals, ranking 30th worldwide. Despite these advances, Chile … [Read more...] about Where Are the Opportunities for Chile to Resume a Growth Path?
For nearly two decades between 1990 and 2018, women in Latin America and the Caribbean made substantial progress in reducing the large gender gap in the labor market. As female employment levels surged, and unemployment rates fell, labor force participation rates among women rose a full 25% and wage differentials dropped. To be sure, this progress … [Read more...] about Labor Market Gender Gaps in the Time of COVID in Latin America and the Caribbean
Financial education programs often work for young people. But when targeting adults, attendance rates tend to plummet and old habits creep back in. Learning about finance is key to financial inclusion. So how can we better reach adults and transform their financial habits? Among youth, hands-on learning strategies are at least as successful as lectures. But we still know … [Read more...] about Can teaching financial literacy help teachers improve their own financial habits?
What do nearly 200 CEOs of the world’s biggest companies have in common? They have recently committed to run their businesses for the benefit of all stakeholders–customers, employees, suppliers, communities, and shareholders. This high-profile declaration echoes mounting interest across the corporate and investment worlds in achieving positive social and environmental impact … [Read more...] about Measuring impact is key to meet the Sustainable Development Goals