It's never easy to get the wealthy to pay their taxes — and Latin America is no exception. Not only do they have the political clout to fight legislation that would increase their contributions relative to low-earners. They can afford top-flight lawyers and accountants to help them maneuver around their income taxes through loopholes and offshore tax havens. As a result, tax … [Read more...] about The Problem with Taxing the Rich
#Development
Five Reasons Why Government Should Be Involved in Raising 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 Effect of Violence on Intangible Outcomes
Sleeping with the Enemy Violence has a striking gender pattern. Men are more likely to be attacked by a stranger, while women are "sleeping with the enemy" experiencing violence mostly from their husbands, intimate partners or close relatives. Latin American countries have been aware of this situation for at least a decade. In 1994, Latin American countries signed … [Read more...] about The Effect of Violence on Intangible Outcomes
Can Latin America learn from Korea’s economic miracle? and what can Korea learn from Latin America
By Federico Basañes By almost any measure, South Korea is one of the greatest development success stories in recent times. There are many ways to showcase this, including the oft-cited night-time satellite photo comparing North and South Korea, where the North – once its industrial base – is dark compared to a resplendent South. Of course, South Korea not only outperformed … [Read more...] about Can Latin America learn from Korea’s economic miracle? and what can Korea learn from Latin America
Five Things Policymakers Need to Know about Entrepreneurship in Latin America:
Entrepreneurship is often seen as a vehicle for upward social mobility, especially for the middle class. Therefore, for decades Latin American countries have strived to support a vigorous middle class, based on the assumption that middle-class values and attitudes are most conducive to investment and innovation. However, an apparent contradiction lies in the fact that more … [Read more...] about Five Things Policymakers Need to Know about Entrepreneurship in Latin America: