In the mid-1990s, researchers in the United States revealed a stunning gap in the developmental path of rich and poor children. By age three, the researchers found, children of professionals had heard 30 million more words than low-income children. This endowed privileged youngsters with skills that allowed them to acquire richer vocabularies and more sophisticated language … [Read more...] about When Parenting Programs Confront Cultural Taboos
Prestigious Fellowship for Young Researchers Now Accepting Applications
Are you a young researcher looking to expand your professional and personal horizons? The Research Department of the Inter-American Development Bank is inviting recent university graduates to apply for its prestigious Research Fellowship Program. Fellows will work side by side with staff economists, providing valuable support while gaining varied experience at a top-level … [Read more...] about Prestigious Fellowship for Young Researchers Now Accepting Applications
Can Voucher Schools Improve Education? Ask Chile
After a historically fierce and bruising battle, Betsy DeVos, a proponent of school choice, was confirmed Feb 7. as the education secretary of the United States. Devos's supporters applauded her backing of charter schools and vouchers for study in private and religious schools. Opponents argued just as passionately that allowing such options would undermine the public school … [Read more...] about Can Voucher Schools Improve Education? Ask Chile
Searching for a New Macroprudential Framework
The policy of quantitative easing led by advanced economies and the subsequent surge of capital flows to emerging economies (EMEs) after the global financial crisis together with their recent reversal have highlighted the need to tailor a macro approach for EMEs that incorporates financial stability as an explicit policy target. But what should the approach be? Should it take … [Read more...] about Searching for a New Macroprudential Framework
Natural Disaster Insurance: Why Don’t More Countries Have It?
They are whipped by hurricanes, lashed by storms and crippled by earthquakes. A report compiled by the United Nations, taking into account exposure to natural events and a society's response, found four nations of the region (Guatemala, Costa Rica, El Salvador, and Nicaragua) to be among the world's 15 nations most at risk from natural disasters. Nonetheless, few countries in … [Read more...] about Natural Disaster Insurance: Why Don’t More Countries Have It?