It is a rare for a single company's arrival in a nation to be transformative. But the decision of BeamOne, an American firm, to begin operating in Costa Rica in 2008 marks an exception. Medical devices producers need sterilization. BeamOne's arrival to fulfill that need for a growing cluster of multinationals in the life sciences industry meant a mini revolution in the … [Read more...] about Boosting Productive Capabilities to Transform a Nation
When tennis great Andre Agassi flamed out at age 26 dropping from No. 1 in the world to a humiliating No. 141 two years later, commentators attacked his vanity, emotional instability and erratic behavior. Agassi had triumphed in three of tennis's four great tournaments. How could he descend to such lows, where he would deliberately lose an important match, bad-mouth other … [Read more...] about What Can Andre Agassi Teach Us About Socio-Emotional Skills?
Around 11 years ago, two leading economists who had been collaborating for years surveyed the current state of continuing education in economics and saw a large gap. There were lots of programs providing formal education. But there were virtually none offering mid-career professionals the latest tools for dealing with financial issues in emerging markets in a compact format. … [Read more...] about Unique Opportunity to Delve into Macroeconomics at Columbia University
We eat too much, watch too much television, fail to exercise and suffer the consequences of our lack of willpower and self-discipline. None of this is good. Today, as revealed in a recent IDB study, one in four adults in Latin America and the Caribbean is obese, with the Caribbean leading the trend at an alarming rate. That, in turn, results in higher incidences of … [Read more...] about How Using Your Temptations As Bait Can Improve Your Health
An uncomfortable reality lies behind Latin America’s poor growth performance: gains in productivity have been anemic over the last three decades. The costs in long-term GDP growth, as well as higher wages and living standards for Latin America's people, are steep. Over the last decades most Latin American nations adopted a broad agenda of economic liberalization and … [Read more...] about Reforming Regulations that Harm Productivity and Worker Welfare