How can we manage Latin America's lackluster economic growth and its problems of inequality? And what are we to make of the lack of trust in institutions and the rise in populism? To answer some of those questions, Andrés Velasco, the Dean of the School of Public Policy at the London School of Economics and Political Science, recently spoke at the IDB as part of the Research … [Read more...] about The Collapse of Trust and the Rise of Populism
If justice is blind in a perfect world, it rarely is so in the real one. Research shows that in the United States, minorities like African-Americans, are more likely to be given harsh bail terms and be incarcerated than whites. Similar prejudices probably exist in Latin America. Rigorous research on the issue is lacking, but it is possible that the low level of trust in the … [Read more...] about Can Algorithms Improve the Criminal Justice System?
As if we couldn't think for ourselves when it comes to pouring hot liquids down our throats, the warnings about hot tea and coffee are ubiquitous. “Caution Handle with Care I’m Hot,” says one cup. "Caution Contents Hot," says another, with variations on the theme repeated in thousands of restaurants and cafes around the world. Businesses, it seems, don't trust us to be careful … [Read more...] about When Too Much Choice Distorts Electoral Results
The awarding of the 2019 Nobel Prize in Economics to Abhijit Banerjee, Esther Duflo and Michael Kremer hits close to home for several reasons. First, in bringing "an experimental approach to alleviating global poverty," as the Nobel committee said in its Oct. 14 announcement of the prize, these distinguished economists have changed the way we do research at the Research … [Read more...] about A Nobel Prize for Development: A Look From Inside the IDB
It took nearly ten years, a full-blown epidemic and two physicians in the top ranks of government. But after ferocious resistance from the food industry, Chile has put into effect a law that tackles the problem of obesity head-on and is considered by nutrition experts to be among the most, if not the most, stringent law in the world. The law, which went into effect in 2016 … [Read more...] about Latin America Confronts Obesity