Many factors lie behind observed gender gaps in labor market outcomes in Latin American and the Caribbean. But one remains largely invisible: transport and urban mobility. Women in the region have greater childcare responsibilities and do more unpaid work at home than their male partners. As a study we recently conducted in the metropolitan area of Buenos Aires reveals, they … [Read more...] about Women and Urban Mobility: An Unfinished Agenda
The Universal Factors Behind Inflation in Latin America and the Caribbean
With inflation in Latin America and the Caribbean running at its hottest in two decades, the issue of where that inflation comes from and what the region's central banks might do differently has taken on great urgency. Our newly released study arrives at a hugely important conclusion: the overwhelming bulk of inflation in the region today comes not from factors that are … [Read more...] about The Universal Factors Behind Inflation in Latin America and the Caribbean
The Cost-Effectiveness of Early Interventions
There are few things more important for children to master than literacy: the skills of reading and writing that enable them to learn other subjects, participate politically, protect their health, and enter the labor market with promising prospects. Yet about 20 percent of the global adult population is illiterate, and in Latin America, two-thirds of children do not achieve the … [Read more...] about The Cost-Effectiveness of Early Interventions
US Interest Rates and the Cost of Borrowing for Emerging Economies
With the first signs of decelerating inflation in the United States, countries in Latin America and the Caribbean are probably asking themselves when borrowing costs will fall again. Lower inflation rates in the US, after all, could allow the Federal Reserve to end its cycle of rising interest rates sooner than expected and start eventually reducing the Fed Funds Rate (its … [Read more...] about US Interest Rates and the Cost of Borrowing for Emerging Economies
Teaching Teachers to Boost Early Literacy
We all remember a favorite teacher from school, often a teacher who taught us to read and write and introduced us to the world of literacy. Literacy, after all, is part of the journey to knowledge in all subjects, and is crucial for our future health, political participation, and professional success. It is hardly surprising that we would remember with fondness those teachers … [Read more...] about Teaching Teachers to Boost Early Literacy