For decades, Latin America and the Caribbean has been a young region, with lots of people in the workforce compared to the number of elderly. But it is aging. By 2085, the region will surpass Europe as the area of the world with the highest share of elderly and, given current rates of savings, will have insufficient resources to pay for the immense health care, pension, and … [Read more...] about Running Out of Time
Adjusting to Shocks to Protect the Region’s Future
Commodity prices are falling or are at their lowest point in years. The demographic boom is fading. Debts are on the rise, and many currencies have undergone sharp depreciations. What does all this mean for Latin America and the Caribbean? Our 2016 Macroeconomic Report Time to Act looks at some of the critical issues facing countries in the region. It explores the fiscal … [Read more...] about Adjusting to Shocks to Protect the Region’s Future
Reform and the Power of Party Platforms
For decades, analysis of political parties around the world focused on where they stood on the role of the state versus the markets in the economy; the need for high or low taxes; and the advantages or disadvantages of social-welfare spending. It focused, in other words, on the position of parties on the ideological spectrum of left to right. More recent analysis, however, … [Read more...] about Reform and the Power of Party Platforms
Tracking the Decline of the Right
Mauricio Macri presented a face of change to world leaders in Davos last month, the first Argentine president to represent the South American country at the World Economic Forum in over a decade. Macri's efforts to normalize relations with international stakeholders reflect a new direction in policies and international relations that have taken hold since December 2015 when he … [Read more...] about Tracking the Decline of the Right
The Early Years: A Call for Action
This article by Ariel Fiszbein was originally published on PREAL Blog. The Inter-American Dialogue has given permission to reproduce the text on the IDB’s blog “Ideas Matter.” To read the original article, click here. By Ariel Fiszbein The Inter-American Development Bank released last week its yearly Development in the Americas report. The Early Years deals with one of the … [Read more...] about The Early Years: A Call for Action