Inflation has become a growing concern for central banks in Latin America and the Caribbean. The recovery in economic activity was stronger than expected in the first months of 2021, reflecting the stimulus that governments deployed to mitigate the effects of the pandemic and higher mobility and lower containment measures. However, inflation and inflation expectations in the … [Read more...] about Inflation and Its Impact on the Poor in the Era of COVID-19
Testing the Impact of Social Media on Trust
Trust and a sense of citizenship are the pillars of thriving democracies. They are essential to the willingness of citizens to make individual sacrifices in pursuit of collective endeavors that drive a society’s success. Unfortunately, that trust and sense of citizenship have been at historical lows worldwide recently and have been declining even more rapidly in Latin America … [Read more...] about Testing the Impact of Social Media on Trust
Estimating the Potential Economic Impact of Haiti’s 2021 Earthquake
On August 14, 2021, a 7.2 magnitude earthquake struck Haiti, gravely affecting the Departments of Sud, Grand'Anse, and Nippes. More than 2,200 people were killed, and houses, healthcare facilities and schools were destroyed. Rescue and relief responses were hampered by blocked roads, a 5.8 magnitude earthquake that hit the same area the very next day and subsequent aftershocks. … [Read more...] about Estimating the Potential Economic Impact of Haiti’s 2021 Earthquake
Boosting Literacy Amid the Educational Crisis of COVID-19
Tens of millions of children across Latin America and the Caribbean will be returning to school in 2021 and 2022, handicapped by learning losses from COVID-19 shutdowns that have lasted longer than in any other region of the world. Very young children, those from vulnerable and rural households, and those with learning difficulties, will face particularly daunting challenges: … [Read more...] about Boosting Literacy Amid the Educational Crisis of COVID-19
Digitalization of Public Services: A Panacea?
Digitalization might seem to be the solution to many ills facing society. From the virtual classrooms that provide education to children in remote areas, to the telemedicine that facilitates access to health care and crowdsourcing to promote citizen participation in policy debates, it might even seem like a panacea. But digitalization's effectiveness depends on the ability … [Read more...] about Digitalization of Public Services: A Panacea?