To become an adult without knowing how to manage money is to risk financial instability, debt, and a meager retirement. Moreover, most evidence suggests it is extremely difficult to change the financial behavior of adults. They may not have time for financial literacy programs and, besides, may be too set in their ways. On the other hand, working with children and teenagers … [Read more...] about Financial Literacy Programs Can Benefit Both Children and Adults
A Unique Database Charts Latin America’s Deepening Democracy
This year's update to the Database of Political Institutions marks its 17th year of tracking institutional and electoral data for countries from around the world, and the second update at its new permanent home at the IDB. Researchers at the World Bank Development Research Group first compiled the database in 2000, coding institutional and electoral variables for 180 countries … [Read more...] about A Unique Database Charts Latin America’s Deepening Democracy
Latin America Needs Greater Investment and Productivity. This Is Why
As the global economy gains strength and Latin America and the Caribbean recovers from recession, the region is actually falling further behind, continuing to lose its share in global GDP and putting in jeopardy the aspirations of its growing middle class The reasons behind this are complex. But low investment and productivity are fundamental factors. They require significant … [Read more...] about Latin America Needs Greater Investment and Productivity. This Is Why
Send Us Your Research Papers on Crime and Policy
The latest ranking of the world's deadliest cities continues a sad pattern: the overwhelming majority—43 out of 50—are in Latin America and the Caribbean, with Los Cabos in Mexico topping the list. Many of the reasons behind this state of affairs are chronic—weak institutions; impunity; poverty; inequality and growing urbanization—all feeding and, at the same time, … [Read more...] about Send Us Your Research Papers on Crime and Policy
Climate Policy: When the Expensive Options Make Sense
To stabilize climate change, we need to get to zero net carbon emissions by the end of the century. A key question then for policymakers is when and how to reduce emissions. Imagine you are a policymaker, and you have two options for reducing emissions. Energy efficiency measures in the building sector (LED lights instead of light bulbs, better thermal insulation) can reduce … [Read more...] about Climate Policy: When the Expensive Options Make Sense