Behavioral economics is now firmly established as an essential tool in everything from product design and marketing to education and law enforcement. The realization that people have cognitive biases and often make decisions irrationally is not only an important psychological insight. It has also opened up a whole new area of policy innovations over the last 15 years in which … [Read more...] about Inviting Creative Thinkers to Our Free Online Behavioral Economics Course
A New Report Stresses Reforms to Boost Productivity and Seize Markets in an Uncertain World
Latin American and Caribbean institutions moved forcefully to head off dangers in 2023. Central banks swiftly raised interest rates in the face of inflation, and governments imposed well-considered fiscal policies that brought average primary balances to a level superior to that before the COVID-19 pandemic. Along with strong financial regulation and supervision and resilient … [Read more...] about A New Report Stresses Reforms to Boost Productivity and Seize Markets in an Uncertain World
Do Disability Employment Quotas Work?
People with disabilities (PwD) continue to face barriers to employment worldwide, with large gaps in employment between those with disabilities and those without. In Latin America and the Caribbean, for example, 24-35 year-old men with disabilities have a 24% lower employment rate than their non-disabled counterparts, and there’s a 12% disparity for similarly aged women. This … [Read more...] about Do Disability Employment Quotas Work?
New Tools for Targeting Social Programs in the Midst of Crises
In recent decades, dozens of countries around the world have adopted cash transfer programs to combat poverty and prevent it from being passed from generation to generation. While many of these programs have been highly successful at tackling long-term poverty, incomes fluctuate due to economic shocks and the target population of social programs move. During economic crises, … [Read more...] about New Tools for Targeting Social Programs in the Midst of Crises
True or False? Putting to the Test Our Knowledge of Disability
In Latin America and the Caribbean, one in seven people has a disability. Clearly, having a disability is not unusual, but part of human diversity, and as with characteristics such as race or gender, should not be cause for exclusion. That means that governments in the region should ensure the economic and social inclusion of people with disabilities so that they can … [Read more...] about True or False? Putting to the Test Our Knowledge of Disability