Can infrastructure programs both create employment and prevent crime? The question is not an easy one. Latin America and the Caribbean—like many other regions—has invested in municipal infrastructure to improve the well-being of its citizens. It has built theaters, recreation centers and sports arenas, paved roads, provided new lighting and better sewerage. It has used such … [Read more...] about Preventing Crime with Construction Projects
The Problem with Taxing the Rich
It's never easy to get the wealthy to pay their taxes — and Latin America is no exception. Not only do they have the political clout to fight legislation that would increase their contributions relative to low-earners. They can afford top-flight lawyers and accountants to help them maneuver around their income taxes through loopholes and offshore tax havens. As a result, tax … [Read more...] about The Problem with Taxing the Rich