by Leopoldo Fergusson* and Juan F. Vargas** Democracy and conflict: a hard question Civil conflict is one of the major threats to long-run economic development, and causes enormous human suffering. However, we still do not have a clear understanding of the factors that exacerbate or help mitigate the risk of conflict and, in particular, about the role of democracy in … [Read more...] about Don’t make war, make elections
Colombia
Sunlight disinfects, but beware of the shade!
By Leopoldo Fergusson* and Juan Fernando Vargas** Having a free and active media is recognized as essential for political accountability. By providing information, mass media can help voters make better decisions and hold politicians accountable. Often, journalists also help uncover corruption scandals and undue influence of special interests groups. A famous example … [Read more...] about Sunlight disinfects, but beware of the shade!
Inequality in Colombia
Latin America is arguably the most unequal place on earth. Inequality in Colombia is the worst in Latin-America. And if you are born poor in the countryside, a small town or on the coast or if you are part of an ethnic minority your prospects are even worse argue Marcela Meléndez and Francisco Ferreira in this paper. … [Read more...] about Inequality in Colombia
The cream of an amazing crop
Every 2 years, Colombia honors one young economist – under 40 – with the Juan Luis Londoño Prize, which recognizes her/his contribution to the country's social welfare. The prize is named after an economist who died ten years ago while serving his country as Social Protection Minister. Juan Luis (pictured) was brilliant, outgoing, funny and loved shocking people and making … [Read more...] about The cream of an amazing crop
Albert Hirschman and Colombia
Albert Hirschman was one of the most influential development economists in the last 50years. As he passed away yesterday, it is important to remember that his years in Colombia helped shape both Colombian development policy and his classic The Strategy of Economic Development. Jeremy Adelman reminds us: … [Read more...] about Albert Hirschman and Colombia