Schools are closed in Latin America. Around 154 million children between the ages of 5 and 18 are at home instead of in class. It is not clear how long these closures will last, and there is a good reason for that: Schools provide a perfect environment for the spread of viruses. Students are typically in close contact to one another, packed into classrooms, playing at recess, … [Read more...] about Pandemic and Inequality: How Much Human Capital Is Lost When Schools Close?
The Research Department of the Inter-American Development Bank (IDB) invites talented young professionals to apply to its Research Fellowship Program in Washington, D.C. The fellowship, open to candidates with an undergraduate degree in economics, public policy, or a related field, and a strong quantitative background, provides a unique opportunity to collaborate with … [Read more...] about Young Researchers Wanted for Prestigious Fellowship
"What keeps you up at night?" That was a question posed to a gathering of leaders from government institutions around Latin America and the Caribbean some 25 years ago. In asking that question, the Research Department at the Inter-American Development Bank (IDB) laid down a mission that it has zealously pursued ever since. It's not just asking government leaders what worries … [Read more...] about The Unique and Essential Mission of Multilateral Research Departments
By Julián Messina, Norbert Schady, and Joana Silva Meager economic growth and high inequality are the twin curses of Latin America. But inclusive growth that fights those curses by encompassing everyone, including marginalized and vulnerable populations, is possible. It just requires the right policies. We know, of course, that this is easier said than done. Economic … [Read more...] about Moving Towards Growth and Greater Inclusion in One of the World’s Most Unequal Regions
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