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?
Revisiting Policymaking in a Troubled Region
During much of its recent history, Latin America has alternated between policies that are state-controlled and those that are market-centered. It has swung from the import-substitution model of the post war era to the liberalization of the Washington Consensus of the 1990s with a host of lesser variations in areas ranging from industry to trade. Yet, significant advances … [Read more...] about Revisiting Policymaking in a Troubled Region