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#Development

Ensuring that the Gains from Trade are Inclusive and Sustainable

December 5, 2019 by Eric Parrado - Ernesto Stein Leave a Comment

Ensuring inclusive and sustainable growth is important for maintaining support for trade in Latin America.

Thirty years ago, as part of their development strategy, and after many years of protectionism, the countries of Latin America and the Caribbean embarked on a process of ambitious trade liberalization. This was only one of many different reforms made in the framework of the Washington consensus. But it was without question the most important one. Tariffs were eliminated, … [Read more...] about Ensuring that the Gains from Trade are Inclusive and Sustainable

A Nobel Prize for Development: A Look From Inside the IDB

October 16, 2019 by Matías Busso - Eric Parrado Leave a Comment

From inside the IDB, where we work on development, the ideas of the Nobel laureates in economics for 2019 could not be more important.

The awarding of the 2019 Nobel Prize in Economics to Abhijit Banerjee, Esther Duflo and Michael Kremer hits close to home for several reasons. First, in bringing "an experimental approach to alleviating global poverty," as the Nobel committee said in its Oct. 14 announcement of the prize, these distinguished economists have changed the way we do research at the Research … [Read more...] about A Nobel Prize for Development: A Look From Inside the IDB

The Spinning Wheel of Economic Analysis

September 20, 2016 by Steven Ambrus Leave a Comment

“The wheel is come full circle,” wrote William Shakespeare and so it seems has the progress of economic ideas in the view of Augusto de la Torre, the Chief Economist for Latin America and the Caribbean at the World Bank. Economics is largely about supply and demand and the intersection of the two. But De la Torre, in an eminent career including stints as the president of … [Read more...] about The Spinning Wheel of Economic Analysis

Keeping Kids in School

June 14, 2016 by Matías Busso Leave a Comment

Over the last 25 years, Latin America has ramped up investment in education in a full-fledged effort to reduce poverty and spur economic growth. Today, primary school attendance is nearly universal, with three out of four children finishing primary school on time. At the secondary school level, meanwhile, the rate of on-time graduation has soared from an average of 30% in 1990 … [Read more...] about Keeping Kids in School

IDB Chief Economist Reflects on Region

April 19, 2016 by Steven Ambrus Leave a Comment

The LinkedIn page of José Juan Ruiz, the IDB's chief economist, shows not a photo of himself but a drawing by the iconic Spanish cartoonist Andrés Rábago, alias El Roto, depicting an exhausted traveler and emigrant draped over his suitcase, deep in sleep. "The dreams of a nation produce exiles," says the caption over the weary man. It is a fitting observation for Ruiz, a … [Read more...] about IDB Chief Economist Reflects on Region

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The blog of the IDB's Research Department shares ideas that matter on public policy and development in Latin America and the Caribbean.

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