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
Diego Vera-Cossio
Diego Vera-Cossio is an economist in the Research Department of the Inter-American Development Bank. His area of interest is development economics. In particular, his research analyzes how different policies help or prevent family businesses from growing in contexts in which access to finance is limited. He is also interested in understanding how different methods of targeting and delivering resources from public programs affect policy effectiveness. Diego, a citizen of Bolivia, received his Ph.D. in Economics from the University of California, San Diego in 2018. He holds a Masters Degree in Economics from Universidad de Chile and a Bachelor’s Degree in Economics from Universidad Católica Boliviana.
COVID-19: Containment Measures and Trust
The development of effective vaccines against COVID-19 marks a historic breakthrough. But even if advanced economies succeed in getting most of their population vaccinated in 2021, achieving herd immunity as quickly in developing countries through vaccination will be difficult. This means that as the virus continues to spread around the globe, managing mobility restrictions … [Read more...] about COVID-19: Containment Measures and Trust
Gender Gaps in the Time of Covid-19
Over the last 30 years, women have made significant gains in Latin America and the Caribbean. Maternal deaths in childbirth have dropped by more than half, young women are slightly more educated than men, and the region recorded the highest rate of convergence between male and female labor force participation from 1990-2015 compared to other regions of the world. But glaring … [Read more...] about Gender Gaps in the Time of Covid-19
Coronavirus Survey Results Show Big Impacts, Linkages between Labor Markets and Inequality
To get a better grasp of how the coronavirus pandemic is upending lives and livelihoods, we teamed up with Cornell University to carry out an online survey to measure the economic impacts of the pandemic on households in seventeen countries in Latin America and the Caribbean. We found that the impacts were staggering, are closely linked to the composition of the region’s labor … [Read more...] about Coronavirus Survey Results Show Big Impacts, Linkages between Labor Markets and Inequality
Novel Dataset Reveals the Deepening Effects of the COVID-19 Pandemic on Inequality
The coronavirus pandemic is having unprecedented effects on the daily lives of citizens in Latin America and the Caribbean with especially dire impacts on lower income households that range from job and income losses to a lack of information on the disease itself. The situation is changing rapidly and requires prompt policy responses. Those are the initial conclusions from … [Read more...] about Novel Dataset Reveals the Deepening Effects of the COVID-19 Pandemic on Inequality