Latin America and the Caribbean is undergoing a transformative shift in digital payments. Between 2019 and 2023, the average number of electronic transactions in the region grew threefold. This surge in the way in which transactions are made in the region coincides with a strong preference for digital payment methods. According to the Inter-American Development Bank's landmark … [Read more...] about Beyond Cash: The Digital Payments Revolution in Latin America and the Caribbean
Financial Literacy for the Digital Age
In today’s rapidly evolving and technologically complex financial landscape, financial literacy is no longer a luxury. As digital platforms reshape how individuals save, spend, borrow, and invest, the ability to understand and manage personal finances has become a core life skill. Financial literacy empowers individuals to make informed decisions. It helps avoid costly mistakes … [Read more...] about Financial Literacy for the Digital Age
When the Economy Booms, So Do Corruption and Impunity
Citizens in Latin America and the Caribbean often associate corruption with economic crises. Since 2016, survey data show that individuals who believe their country’s economy has worsened are significantly more likely to say that most politicians are corrupt. But are politicians actually more corrupt when the economy is bad, or are citizens just more sensitive to misconduct … [Read more...] about When the Economy Booms, So Do Corruption and Impunity
How Air Pollution Affects High- and Low-Income Workers Differently
Can workers avoid the damaging effects of high levels of air pollution? The answer, it appears, is overwhelmingly linked to socio-economic status. Our recent study looks at how workers adjust their daily labor supply in response to increased concentrations of fine particulate matter known at PM 2.5, which originates, among other sources, from gasoline- and diesel-powered … [Read more...] about How Air Pollution Affects High- and Low-Income Workers Differently
Nudging for Prevention in Colombia: How to Improve HPV Vaccination Rates
Cervical cancer is one of the leading causes of cancer-related deaths among women in low- and middle-income countries, and the safe and effective HPV vaccine is key to prevention. But despite significant efforts to promote vaccination through national immunization programs and free access, a considerable segment of the population remains unvaccinated—a challenge that has much … [Read more...] about Nudging for Prevention in Colombia: How to Improve HPV Vaccination Rates