The LinkedIn page of José Juan Ruiz, the IDB's chief economist, shows not a photo of himself but a drawing by the iconic Spanish cartoonist Andrés Rábago, alias El Roto, depicting an exhausted traveler and emigrant draped over his suitcase, deep in sleep. "The dreams of a nation produce exiles," says the caption over the weary man. It is a fitting observation for Ruiz, a … [Read more...] about IDB Chief Economist Reflects on Region
Social Issues
What the Educational Sector Can Learn from Business
The story of business in the advanced economies of the 21st century is one of explosive innovation and creativity. From artificial hearts and electric cars to cloud computing and iPhones, companies have sent forth a dazzling array of new products and processes that have helped increase shareholder value, boost productivity, and raise living standards. Education, by contrast, … [Read more...] about What the Educational Sector Can Learn from Business
Preparing for Climate Change Migrants
In recent days, climate change has surged back into public consciousness with a disturbing report of rapid melting in the West Antarctic ice sheet. According to the report, the disintegration of the massive block of ice, larger than Mexico, could combine with other ice melts to raise sea levels by as much as six feet by the end of the century. That could eventually threaten … [Read more...] about Preparing for Climate Change Migrants
What Does Saving Have to Do with Resilience to Natural Disasters?
Investing in infrastructure is crucial for a country’s economic performance and growth prospects. In fact, it not only can make a difference in people’s everyday lives by providing better roads and schools, but it can actually save lives. During the last decade, Chile and Haiti provided two contrasting examples of this in the face of earthquakes due to their different levels of … [Read more...] about What Does Saving Have to Do with Resilience to Natural Disasters?
Take Obama’s Advice on Climate Change: Droughts Are Hurting Latin America
After his visit to Argentina last week, Barack Obama posted on Facebook a picture of a beautiful landscape in Patagonia where he went trekking along glacial lakes, as an example of what he called “exactly the kind of place we need to protect for our kids, and for their kids.” Climate change is high on the American president’s agenda and it’s an issue with consequences that are … [Read more...] about Take Obama’s Advice on Climate Change: Droughts Are Hurting Latin America