By: Yyannu Cruz Today, October 5, more than 100 nations are celebrating World Teachers' Day, honoring skilled teachers for the role they play in building strong minds and prosperous societies. The Inter-American Development Bank joins in that tribute. It applauds the many fine educators that work in Latin America and the Caribbean, commends their commitment and … [Read more...] about Teachers Matter
Most Latin American countries have more than enough infrastructure needs and social service demands to justify raising taxes. Still, on average, tax revenues in Latin America are below their potential. Fiscal woes are not unique to the region. The U.S. is also in need of major infrastructure and social investments and the discussion has focused on cutting rather than raising … [Read more...] about Explaining Changes in Tax Burdens in Latin America
A piggy bank is a classic childhood favorite, one that has endured for generations. In the last 20 years, many children were encouraged to put away their pennies after getting to know the piggy bank Hamm, a character in the Toy Story franchise. But what may feel like a game to kids is in fact teaching them a very important habit that can set a country on a path to development: … [Read more...] about Turning a Piggy Bank into a Savings Account in Peru
Sleeping with the Enemy Violence has a striking gender pattern. Men are more likely to be attacked by a stranger, while women are "sleeping with the enemy" experiencing violence mostly from their husbands, intimate partners or close relatives. Latin American countries have been aware of this situation for at least a decade. In 1994, Latin American countries signed … [Read more...] about The Effect of Violence on Intangible Outcomes
The Noise and Rhythm of the Markets Nahuatl was the language of the Aztecs, spoken in Central Mexico since at least the 7th century and still spoken today by almost two million people in Mexico and Central America. In nahuatl mitote is a word from mitotiqui (dancer) and itotia (to dance). However, nowadays in Mexico the word also has the connotation of “chaotic” or … [Read more...] about What Has Latin America Learned about Cluster Development Policies?