The place where somebody lives matters for their physical well-being. Even within the same country, residents of different cities can have on average better or worse health, partly due to policies their city governments have adopted. Consider life expectancy in Latin America. The gap between the highest and lowest life expectancies in urban areas of Argentina, Chile, … [Read more...] about What Can City Governments in Latin America Do to Improve Public Health?
When Insurance for Small Businesses Provides Broad Social Gains
Since the outbreak of the COVID-19 pandemic, various studies have examined how large domestic and multinational firms respond to economic shocks, including health-related ones. But there has been less focus on how family-operated micro, small, and medium-sized enterprises (MSMEs) modify their business decisions when faced with such disruptions. Similarly, relatively little … [Read more...] about When Insurance for Small Businesses Provides Broad Social Gains
Trust: An Obstacle and an Opportunity for Digital Transformation
It is well understood that digital transformation can build trust between citizens and the state. It improves service delivery, transparency, and the efficiency of public expenditure—all of which contributes to greater citizen trust in government. But trust is also critical to allowing the process of digital transformation to occur in the first place, and Latin America, the … [Read more...] about Trust: An Obstacle and an Opportunity for Digital Transformation
Avoiding Economic Long-COVID: Policies to Support Firms and Workers in Latin America and the Caribbean
During the peak of the COVID-19 crisis, governments in Latin America and the Caribbean aided firms and households with support packages coordinated with central bank monetary policy. For many, liquidity injections and flexible financial sector supervision helped ease the pain. While many small firms closed their doors during the crisis, surprisingly few larger … [Read more...] about Avoiding Economic Long-COVID: Policies to Support Firms and Workers in Latin America and the Caribbean
Lessons from the Lost Decade for Confronting Inflation Today
Inflation in Latin America is currently running at its highest level in 15 years. With uncertainty about how it will unfold, the expectations of people and firms are largely de-anchored, meaning distinct from the central banks’ target levels, and thus a potential source of even greater inflation. Meanwhile, as world interest rates rise, countries in the region are finding it … [Read more...] about Lessons from the Lost Decade for Confronting Inflation Today