Facebook posts that include pictures result in an average of 180% more interactions compared to simple text posts. Including photos in LinkedIn increases the probability of having comments by 98%. The same thing happens on Twitter. How are these statistics relevant to transparency policies? Very simple. If a country wants to provide open access to information about public … [Read more...] about Transparency and Technology: How Citizens can Track Public Money
Are temporary contracts harming productivity in Colombia?
Did you know that job contracts can affect a country’s GDP? It makes sense. Employment contracts have an impact on employee performance. If, as an employee, you have no intention of staying at your job for the long term, your lack of commitment will likely reduce your firm’s productivity, which in turn can reflect negatively on your country’s productivity and its GDP. Temporary … [Read more...] about Are temporary contracts harming productivity in Colombia?
Risk management in development projects
“Ladies and gentlemen, please observe the following safety recommendations.” We have all heard those words when we are on board an airplane—in fact, many of us could probably recite from memory the cabin instructions from the flight attendant prior to take-off. But beyond that repetitive message, have you ever thought about what is behind those instructions? One thing is … [Read more...] about Risk management in development projects
Three reasons in favor of transparent, reproducible, and ethical research practices
The standards of what constitutes rigorous research are rising. In a response to what has been called a credibility crisis, entire scientific fields are calling for published research to more closely follow the scientific ideals most scientists learn early in their education. Following suit, the IDB, a leader in the generation of knowledge for Latin America, partnered with the … [Read more...] about Three reasons in favor of transparent, reproducible, and ethical research practices
The Challenge of Countercyclicality for Multilateral Development Banks
As established in the Addis Ababa Action Agenda (2015), Multilateral Development Banks (MDBs) are expected to provide lending in the event of financial or economic shocks. Economists call this countercyclical lending. However, a recent study shows that while the MDB system as a whole acts countercyclically, in other words, lends less to a country during its booms and more … [Read more...] about The Challenge of Countercyclicality for Multilateral Development Banks