Latin America and the Caribbean celebrate International Women's Day March 8 with a mixture of pride and frustration. Pride, because women have dramatically increased their level of education and their participation in the labor force. Frustration, because they still have trouble breaking through the glass ceiling into top managerial positions and continue to earn less than men … [Read more...] about Pride and Frustration on Women’s Day
Businesspeople seek as much as influence as possible over their government's productive development policies. From many points of view, this makes sense. Company executives experience firsthand the structural problems that prevent them from serving their clients better, accessing new markets and increasing productivity. They know where the information asymmetries lie. If they … [Read more...] about Seating Business and Government at the Table
Banks in Latin America and the Caribbean have been through a lot. At times they have been culprits and, through excessive risk-taking or fraud, provoked crises, while at other times they have been victims as fiscal profligacy and/or currency crises lead to financial disaster. In some cases, the interaction between macroeconomic policies and financial sector risks led to deep … [Read more...] about Boring Banks, Safe Economies?
By: Néstor Gandelman Does an industrial businessman in Monterrey, Mexico, save a bigger percentage of his income than a rural worker in Chiapas? Whether the rich save more is a longstanding question with important policy implications that has different answers according to each country or region. What happens in Latin America? In an analysis of 14 Latin American and Caribbean … [Read more...] about Do the Rich Save More in Latin America?