The financial world stands on the verge of a paradigm shift as it seeks to throw off the dominance of the London Interbank Offered Rate, or LIBOR, which has defined the lending market since at least the 1980s. As described in a recent blog post, LIBOR will soon disappear, and the entire market is on the move to find a new benchmark rate. The UK Financial Conduct … [Read more...] about What Is Next in Financial Markets’ Transition Away from LIBOR?
The Latin America and the Caribbean region still has a long way to go when it comes to closing the gender and diversity gaps. One of the biggest challenges is closing existing knowledge gaps on the inequalities facing women, indigenous peoples, persons of African descent, persons with disabilities, and LGBTQ+ persons. Which interventions contribute to closing gender gaps in the … [Read more...] about Do You Want Your Research to Help Close the Gender and Diversity Gaps? This Call for Proposals Is for You
Since Argentina adopted the world's first gender quota for a national legislature in 1991, gender quotas have become the norm for legislative positions in virtually all of Latin America. Women, meanwhile, have gained political visibility. Today, the region holds five of the top ten countries globally in terms of female representation at the national legislative level, with … [Read more...] about Measuring the Impact of Gender Quotas on Political Institutions
It is often noted that Montesquieu’s The Spirit of the Laws is the book that sets forth the concept of branches of government: executive, legislative, and judicial. Through his influence on the French liberals, Montesquieu is one of the key figures of the 1789 French Revolution, whose cry was “Freedom, Equality, Fraternity.” There is, however, another central part of The Spirit … [Read more...] about Montesquieu’s Mistake, or Why Inequality Doesn’t Have to Be Part of the Latin American DNA
At the onset of the COVID-19 pandemic, governments around the world faced the challenge of providing effective financial support to help citizens weather the fallout from the accompanying economic crisis. That crisis unfolded at unprecedented speed, leaving many households vulnerable to sliding into poverty before governments could design and implement new social … [Read more...] about How an Existing Non-Contributory Pension Program Proved Critical During the COVID-19 Pandemic