Since 2020, the economies of the world have been hit by a series of severe shocks, most dramatically the COVID-19 pandemic and the Russian invasion of Ukraine. As a result, after growing around 3.9% last year, Latin America and the Caribbean region now faces considerably lower growth projections for 2023, with private forecasters predicting growth at around 1%. It also … [Read more...] about Preparing the Macroeconomic Terrain for Renewed Growth
Climate Change, Migration and the Urban Housing and Labor Markets
Between 1991 and 2010, millions of Brazilians migrated from rural to urban areas, many of them because of the effect of increasing drought brought on by climate change. This migration has had effects not only on wages and employment, but also on the closely-related urban housing market. We decided to examine the phenomena in a recent study, to contribute to urban … [Read more...] about Climate Change, Migration and the Urban Housing and Labor Markets
Leveraging Technology to Reduce Student Dropout and Improve Learning
Latin America and the Caribbean is in the midst of an educational crisis. Though enrollment in primary school has grown and today is nearly universal, average completion rates for secondary school stand at 64 percent compared to an average of 79 percent for OECD countries. Moreover, only 35 percent of 15-year-old students in Latin America attain minimum competency in math, way … [Read more...] about Leveraging Technology to Reduce Student Dropout and Improve Learning
Fiscal Rules for a Debt-Plagued Region
With a long history of recurrent and costly debt crises, Latin American governments have long sought to find a way to curb the fiscal deficits that stoke the debt problem. Those efforts gathered steam over the course of the 2000s when numerous governments in the region began adopting fiscal rules, which seek to curb politicians' ability to increase spending under political and … [Read more...] about Fiscal Rules for a Debt-Plagued Region
Increasing HPV Vaccination Rates in Latin America: A Guide for Policymakers
Rosa, a 44-year-old woman who lives in Bogotá, has a problem when it comes to getting her 9-year-old girl, Alicia[1], vaccinated with the hugely effective Human Papilloma Virus (HPV) vaccine. She's heard of the vaccine, but she hasn't gotten it for Alicia because her pediatrician has not yet mentioned it in any of the girl’s check-ups and she's not sure what the government’s … [Read more...] about Increasing HPV Vaccination Rates in Latin America: A Guide for Policymakers