Colombia, like many countries in Latin America and the Caribbean, has high levels of inequality, in both in terms of income and the country’s geography. This characteristic has negative implications for its economic growth and the quality of life of its population. Severe income inequality at the national level requires, among other measures, progressive fiscal policies to … [Read more...] about Territorial Inequalities in Colombia: Realities and Prospects
inequality
Structural Reforms: New Recipes for Evolving Needs
Becoming a good cook is not easy. It takes burning more than one pan and, hopefully, learning from mistakes. As the needs and preferences of the diners evolve, the same old recipe may no longer work and the cookbook may have to be adapted. The availability of new ingredients, cooking techniques, and kitchen gadgets may also call for innovation in the kitchen, leading to the … [Read more...] about Structural Reforms: New Recipes for Evolving Needs
Where Are the Opportunities for Chile to Resume a Growth Path?
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?
The Kuznets criminal curve
By: Paolo Buonanno*, Leopoldo Fergusson**, Juan F. Vargas*** Introducing ... the CKC In almost every US state, the relationship between crime and income is strikingly clear. Since 1970, the data shows a pervasive pattern similar to an inverted U-shape: crime increases with per capita income until it reaches a maximum and then decreases as income keeps rising. … [Read more...] about The Kuznets criminal curve
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