Education has long been considered a bulwark in hard times. Now new research shows that acquiring additional years of schooling can help prevent people from losing their jobs during economic downturns or recessions. But what makes acquiring education protective? Does it increase productivity? Does it enable workers to work in recession-proof sectors? Or does the economic … [Read more...] about How Education Protects Workers During Recessions
Social Issues
Building Trust for Social Cohesion and Growth in Latin America and the Caribbean
It would always get a laugh from readers of Peanuts. Lucy would hold the football for Charlie Brown to kick. Then she would pull it back at the last minute and send him flying onto his back. The gag, repeated over and over throughout the years, was funny because of Charlie's absurdly trusting behavior. Having been tricked so many times by Lucy, didn't he realize she would trick … [Read more...] about Building Trust for Social Cohesion and Growth in Latin America and the Caribbean
To Fight Crime, Increase Trust
Although only 9% of the world’s population lives in Latin America and the Caribbean, the region accounts for a third of the world’s homicides. The cost of crime and violence in our region is very high: crime takes large numbers of lives, affects people’s safety and welfare, and hampers economic development. As evidence of this, one out of three people in the region say crime is … [Read more...] about To Fight Crime, Increase Trust
Text Messaging Parents to Boost Student Performance
We've all known kids who joke around in class, get up to mischief, and even skip school altogether, yet manage to ultimately thrive. But they are glaring exceptions. Classroom misbehavior and absenteeism, along with failing grades, are strong warning signs that a student is likely to repeat a grade or give up on school altogether down the line. In Latin America, where only 53% … [Read more...] about Text Messaging Parents to Boost Student Performance
COVID-19 and the Rise of Telemedicine
Telemedicine—the delivery of medical services through electronic means of communication—is potentially transformative, mitigating transportation problems, bringing care to rural communities and decreasing waiting times and medical costs. But its adoption in Latin America has been slow. Insufficient communication infrastructure and status quo biases, among other factors, … [Read more...] about COVID-19 and the Rise of Telemedicine