There is broad consensus that the level and distribution of skills in a country play a key role in determining growth and inequality. Unfortunately, there is clear evidence pointing to deficient and unequal accumulation of skills in Latin America and the Caribbean (LAC). What do we know about the payoffs of investing in skills development? Do these investments help to improve … [Read more...] about Call for Proposals: Private Spending on Skills Development in Latin America and the Caribbean
Politics and Institutions
Foreign Aid for Disasters: Never Enough
The destruction was colossal, the after-shocks harrowing. Nepal's April 25th earthquake, measuring 7.8 on the Richter scale, leveled large parts of the country, reduced ancient city centers and mud-brick villages to rubble, and left much of the nation in chaos. More than 5,000 people died, more than 10,000 were injured, and tens of thousands lost their homes. Nations from … [Read more...] about Foreign Aid for Disasters: Never Enough
House of Cards, Latin American Style
House of Cards returned to Netflix this weekend, along with Kevin Spacey’s Machiavellian politico Frank Underwood, who now holds all the cards as president of the United States. House of Cards transports millions into Washington’s corridors of power, offering a glimpse into the backroom machinations of policymaking. Of course, as the show suggests, any similarities to real … [Read more...] about House of Cards, Latin American Style
Tearing Families Apart for Remittances: Is It Worth It?
In his budget initiative to Congress for FY2016, U.S. President Barack Obama included a request of $15.297 billion to tighten border security and migration policy. In addition, he proposed including in the Department of Homeland Security (DHS) budget a $1 billion allocation to support security, governance, and economic development programs for El Salvador, Guatemala, and … [Read more...] about Tearing Families Apart for Remittances: Is It Worth It?
Who Decides the Budget?
President Obama presented his $4 trillion budget proposal for FY2016 to Congress on Feb. 2, outlining his spending priorities for the next 10 years. Big winners under his plan include the poor, middle classes, the military and the construction industry, thanks to a combination of tax breaks and credits, as well as infrastructure and defense spending. On the other hand, the … [Read more...] about Who Decides the Budget?