Among Latin American nations, Chile has achieved rare success in developing strong macroeconomic fundamentals, a transparent regulatory system, and improving in other indicators of economic and social wellbeing. That should come as no surprise. Chile has good policy features and strong government capabilities. Its congress consists largely of well-educated politicians with … [Read more...] about The Weakest Link: Government Capabilities in Latin America and the Caribbean
A Public Policy Report Card for the Region
Experts often try to identify the “right” policies for enhancing development. Should public utility companies be in private or public hands? Are pay-as-you-go social security systems more sustainable than fully funded systems? Do industrial policies work? Do capital controls reduce external risks? But experience is a hard tutor. It teaches that the search for a universal set of … [Read more...] about A Public Policy Report Card for the Region