Global economic fundamentals appear to be strong. Yet, Latin America and the Caribbean is expected to grow at rather mediocre rates in the coming years. Given recent projections, the region’s share of global GDP will continue to decline. In last year's Latin America and Caribbean Macroeconomic Report, Routes to Growth in a New Trade World, we focused on the benefits of deeper … [Read more...] about Forthcoming IDB Report: A Mandate to Grow
Does Political Patronage Necessarily Lead to Bad Hiring?
Patronage is among the least loved of political practices, often synonymous with malfeasance and incompetence. Civic and development organizations rail against it. Numerous studies show that merit-based career civil services, as opposed to discretionary ones, are associated with higher economic growth, lower corruption, and better bureaucratic performance. But patronage, the … [Read more...] about Does Political Patronage Necessarily Lead to Bad Hiring?
Prestigious Fellowship for Young Researchers Is Accepting Applications
The Research Department of the Inter-American Development Bank (IDB) is accepting applications for its Research Fellow Program. The program provides an ideal opportunity for recent graduates and young professionals interested in working with leading economists on issues related to sustainable and equitable development in Latin America and the Caribbean, including in the areas … [Read more...] about Prestigious Fellowship for Young Researchers Is Accepting Applications
It’s Time to Improve Primary Education: This Is How
Over the last 25 years, Latin America and the Caribbean has boosted efforts in primary education to the point that it is nearly universal, with three out of four students finishing primary school on time. But educational quality for very young children in the region still lags far behind that of developed countries. It even trails countries of similar levels of development in … [Read more...] about It’s Time to Improve Primary Education: This Is How
New Research Opportunities at the IDB for Behavioral Economists
The IDB invites researchers with a keen intellectual interest in behavioral interventions to apply for visiting positions with its recently established IDB Working Group on Behavioral Economics. As the leading multilateral institution for Latin America and the Caribbean, the IDB is looking to build on its experience helping governments use behavioral economics tools to improve … [Read more...] about New Research Opportunities at the IDB for Behavioral Economists