With Colin Mayer, Saïd Business School, University of Oxford How can we deal with the fact that Latin America is the most unequal region of the world? How can we manage lackluster economic growth? And how can we transform our economies and make poverty and exclusion a thing of the past? To answer some of those questions, Colin Mayer, the Peter Moores Professor of … [Read more...] about Why Well-Governed, Socially Conscious Companies Thrive
#inequality
Moving Towards Growth and Greater Inclusion in One of the World’s Most Unequal Regions
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 Collapse of Trust and the Rise of Populism
How can we manage Latin America's lackluster economic growth and its problems of inequality? And what are we to make of the lack of trust in institutions and the rise in populism? To answer some of those questions, Andrés Velasco, the Dean of the School of Public Policy at the London School of Economics and Political Science, recently spoke at the IDB as part of the Research … [Read more...] about The Collapse of Trust and the Rise of Populism
Behavioral Science and the Struggle for Social Cohesion
Renos Vakis is a Lead Economist with the World Bank's Poverty and Equity Global Practice and co-head of its Mind, Behavior and Development Unit. An expert on poverty who has written extensively about both Latin America and South Asia, he helps direct the unit's efforts to apply behavioral science to anti-poverty policies in areas ranging from financial inclusion to early … [Read more...] about Behavioral Science and the Struggle for Social Cohesion
Did Changes Among Firms Reduce Wage Inequality in Latin America?
For a long time, economists believed that inequality in the labor market could be explained fundamentally by differences in skills. Workers who were highly educated, experienced and skilled tended to be rewarded better by the labor market than workers who weren't. Firms were essentially irrelevant in this paradigm. Workers were rewarded for their productivity: It didn't matter … [Read more...] about Did Changes Among Firms Reduce Wage Inequality in Latin America?