Bunny Colvin, the policeman who invents Hamsterdam to alleviate the effects of drug trafficking in the imaginary Baltimore of the “The Wire,” appears in the fourth season of the series as a mediator who is trying to save some of the corner boys in the schools. Colvin ends up disappointed at how little education can do to avert those boys' self-fulfilling prophecy. Fortunately, … [Read more...] about “The Wire” as a Mirror of Intergenerational Inequality
Is Social Media Remaking Latin American Elections?
Social media platforms like Facebook and WhatsApp are becoming primary channels of political engagement in Latin America. Throughout the region’s democracies, large majorities of adults now report receiving or sharing political information on social networks. Ten years ago, only a tenth did so. The dramatic growth in social media’s political relevance cannot be overemphasized. … [Read more...] about Is Social Media Remaking Latin American Elections?
FINLAC: A New Initiative on Financial Inclusion to Boost Economic Recovery and Transform Lives
The COVID-19 pandemic has battered Latin American and Caribbean economies. Due to its large informal sectors, weak health systems, and fiscal restrictions, the region’s economy has been hit harder than any other declining by 7% last year—the largest GDP contraction since 1821. But unlike previous crises, where problems originated or were exacerbated in the financial sector, … [Read more...] about FINLAC: A New Initiative on Financial Inclusion to Boost Economic Recovery and Transform Lives
Inflation and Its Impact on the Poor in the Era of COVID-19
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