Many countries have substantial diasporas, but not many are proud of it. After all, people tend not to leave a country when it is doing well, so the diaspora is often a reminder of a country’s darker moments. El Salvador, Nicaragua, and Cuba, to cite three examples, had more than 10% of their native population living abroad in 2010. And this figure does not take into account … [Read more...] about The Diaspora Goldmine
Banks in Latin America and the Caribbean have been through a lot. At times they have been culprits and, through excessive risk-taking or fraud, provoked crises, while at other times they have been victims as fiscal profligacy and/or currency crises lead to financial disaster. In some cases, the interaction between macroeconomic policies and financial sector risks led to deep … [Read more...] about Boring Banks, Safe Economies?
By: Néstor Gandelman Does an industrial businessman in Monterrey, Mexico, save a bigger percentage of his income than a rural worker in Chiapas? Whether the rich save more is a longstanding question with important policy implications that has different answers according to each country or region. What happens in Latin America? In an analysis of 14 Latin American and Caribbean … [Read more...] about Do the Rich Save More in Latin America?
By: Matias Busso and Julian Cristia Take a moment to recall the last time you forgot someone's birthday. When was the last time you were at the grocery store and forgot that one crucial ingredient for dinner? How many times have you been locked out in the past year? A good memory is undoubtedly important for anyone. The memory of faces, names, facts and many other things … [Read more...] about Did You Get Your Shots? In Rural Communities in Guatemala a Simple Reminder Improved Health
Men and women are different. That’s a good thing, much of the time, but not in the case of unemployment. A woman may be able to bewitch her partner, but when it comes to being out of work, she’s the one in the deepest spell—an unemployment spell, that is. Recent research in Colombia sheds light on some of the issues surrounding women in and out of the workforce. Let’s set the … [Read more...] about Unemployment among Women: Another Kind of Spell