The war in Ukraine has produced a significant increase in energy costs that will likely delay the fiscal consolidation efforts already put in place by several governments in the region. This supply shock is also likely to fuel inflation and higher interest rates, adding further pressure on governments trying to service their debts. Higher domestic and global inflation has … [Read more...] about The Fiscal Puzzle of the Ukraine War for Latin America and the Caribbean
The COVID-19 pandemic had strong economic and social impacts that have exacerbated the problems of inequality between rich and poor. While the wealthier classes were able to preserve their jobs and work remotely, many low-income workers lost their sources of income overnight, or saw their incomes shrink dramatically. This increase in inequality, coupled with large fiscal … [Read more...] about Can a wealth tax reduce inequality in Latin America and the Caribbean?
The coronavirus pandemic has presented governments with the challenge of implementing public health measures to contain the spread of the epidemic by promoting social distancing, forcing people to work from home, and closing schools, business and events as well as forcing quarantine measures. The actions to contain the epidemic seek to “flatten the curve” related to the … [Read more...] about Coronavirus Crisis Communications: 10 Practical Recommendations for Local Governments
Are you interested in topics related to subnational government financing? So this is your opportunity. The IDB, the ECLAC, the Banco de la República de Colombia and the Universidade Tecnológica de Bolívar have launched a call for proposals for unpublished academic studies that deal with the current situation and new challenges related to the subnational government financing … [Read more...] about Participate in our call for proposals about subnational government financing research