By: Irani Arráiz What if I told you that your chances of getting a divorce are related to you and your spouse’s credit score? Well, it happens that your ability and willingness to pay depends, it seems, on some personality traits which, in turn, affect how we relate to one another, including our spouses. Based on that idea—that your ability and willingness to pay depends on … [Read more...] about Can Psychometrics Improve Credit Access?
A recent report by AidData (summarized in the Washington Post ) shows that Multilateral Banks “exert larger-than-expected agenda-setting influence on the basis of their financial contributions.” That is, institutions such as the IDB and the World Bank influence the setting of the reform agenda and help countries develop policies beyond what their actual financial contributions … [Read more...] about External Aid and Government Capacity Building
For every dollar spent on children aged 0 to 5, three dollars is spent on children aged 6 to 12 in Latin America and the Caribbean. That is one of the unsettling findings of The Early Years: Child Well-Being and the Role of Public Policy, edited by Samuel Berlinski and Norbert Schady. This 2015 edition of the IDB’s flagship publication, Development in the Americas, was unveiled … [Read more...] about Little Money for Little Kids
In recent years, advocates of limited government in both the developed and developing worlds have gained significant traction, arguing that large bureaucracies feed inefficiency and corruption, stifle initiative, and interfere with personal privacy. Yet, there is at least one area (likely more), in which that passion for limited government may well be misplaced: the need to … [Read more...] about Five Reasons Why Government Should Be Involved in Raising Kids
The gap between designing policies on paper and putting them in practice can be wide. So can the difference between the formal structure of power in a government and the way decisions are actually shaped. Latin America offers plenty of examples showing that what matters are not so much the technical aspects but the incentives, restrictions, and rules that politicians, civil … [Read more...] about Too Much of a Good Thing? Grassroots Participation in Bolivian Social Policy