When we think of our personal health, we tend to focus on things like giving up tobacco and alcohol and ensuring good sanitation and cleanliness. Air pollution is not at the top of the list, but it belongs there. It is the greatest single external risk to health, reducing life expectancy by a global average of 2.3 years, according to the University of Chicago's 2023 Air Quality … [Read more...] about Good Government and the Fight Against Air Pollution’s Mortal Threat
Social Issues
A Nobel Prize on Women in the Labor Market that Speaks to Latin America and the Caribbean
Claudia Goldin, a professor at Harvard, became the first woman ever to win the Nobel Memorial Prize in Economic Sciences individually, without co-winners, on October 9, when the Royal Swedish Academy of Sciences held up her work as generating "the first comprehensive account of women's earnings and labour market participation through the centuries." Goldin's pioneering studies, … [Read more...] about A Nobel Prize on Women in the Labor Market that Speaks to Latin America and the Caribbean
How the COVID Pandemic Affected Automation and Labor Markets in Peru
As COVID-19 struck the developing world, governments imposed mobility restrictions to reduce contagion, causing severe disruptions in labor markets. In Latin America and the Caribbean, where 57% of all workers hold informal jobs that often require them to be physically present, nearly half of the labor force was compelled to stop work in the first phases of the … [Read more...] about How the COVID Pandemic Affected Automation and Labor Markets in Peru
Reducing Extreme Weather Impacts on Rural Children through Financial Inclusion
Heavy rainfall and long droughts in many parts of the world have become more frequent and intense with changes in climate. They have caused crops to wither in the field or be washed away, disrupted water supplies, harmed livestock, damaged farm equipment, and upended agricultural infrastructure. Rural families whose livelihoods depend on land and natural resources are the most … [Read more...] about Reducing Extreme Weather Impacts on Rural Children through Financial Inclusion
AI and the Future of (No?) Work in Developing Countries
For the last two centuries, workers have been the central factor of production. As a result, real wages in industrialized countries have steadily risen and living standards soared to 20 times what they were 200 years ago. But the Age of Labor—with humans providing the main component of output—may be coming to a rapid end. Artificial Intelligence (AI) could soon reach the level … [Read more...] about AI and the Future of (No?) Work in Developing Countries