Remittances – money sent from migrants working abroad to families in their home countries – are a major source of income for many in Latin American and the Caribbean, representing as much as 20% of the GDP in nations such as El Salvador, Honduras, Haiti, and Jamaica. As occurred after the 2008 global financial crisis, remittances typically dry up in the wake of economic … [Read more...] about Why Remittances Soared as the Pandemic Raged
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From Pandemic to Inflation and War: Challenges for Policymakers in Latin America and the Caribbean
After a robust economic recovery last year from the lows of the pandemic, Latin America and the Caribbean faces strong headwinds from potential new coronavirus variants, inflation-fighting efforts in advanced economies, and the war between Russia and Ukraine that could depress world growth and even push the region into recession by 2023. Riding a wave of strong growth … [Read more...] about From Pandemic to Inflation and War: Challenges for Policymakers in Latin America and the Caribbean
COVID-19 and the Rise of Telemedicine
Telemedicine—the delivery of medical services through electronic means of communication—is potentially transformative, mitigating transportation problems, bringing care to rural communities and decreasing waiting times and medical costs. But its adoption in Latin America has been slow. Insufficient communication infrastructure and status quo biases, among other factors, … [Read more...] about COVID-19 and the Rise of Telemedicine
Appealing to Social Norms to Combat COVID-19
Since the COVID-19 pandemic began more than a year ago, much has been learned about how infection can be prevented. In particular, the scientific consensus holds that certain human behaviors, like social distancing, the avoidance of indoor gatherings, and the use of face masks, are powerful and effective at helping prevent the virus's spread. Nonetheless, many people continue … [Read more...] about Appealing to Social Norms to Combat COVID-19
Science Meets Policy in the Pandemic Response
The COVID-19 pandemic, perhaps like no other major event in recent memory, has exposed the synergies as well as the tensions between science and policy. At the start of the pandemic, governments immediately turned to scientists for the data, knowledge, and technology necessary to fight the new virus. Science provided increasing … [Read more...] about Science Meets Policy in the Pandemic Response