For Latin Americans, there are few memories as nightmarish as the "lost decade" of the 1980s, with its flagging growth and soaring levels of foreign debt, inflation and unemployment. Today, those days are gone. Dictatorships are no longer the norm. In most of the region, governing institutions have improved, and economic policymaking is generally more responsible, with stricter … [Read more...] about Tackling the Vulnerability to Economic Crisis
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When Children’s Skills Predict Their Adult Earnings
What are the critical factors that allow people to accumulate skills from childhood to adulthood? Providing the right answers to that vital question is key not only to ensuring individual well-being and prosperity. It also makes all the difference in nurturing generations that increase productivity, foster growth, and reduce poverty for Latin American and the Caribbean as a … [Read more...] about When Children’s Skills Predict Their Adult Earnings
When Poorly Designed Pensions Threaten the Future
Over the last three months, tens of thousands of demonstrators have poured into the streets of Brazil's major cities, blocking roads, clashing with police, and bringing public transport to a halt in protests in which pensions loom large. But Brazil's pension crisis, which has the government trying to raise the minimum retirement age and workers angrily pushing back, will not be … [Read more...] about When Poorly Designed Pensions Threaten the Future
Organized Crime, Eroding Democracy in Latin America and the Caribbean?
Latin America and the Caribbean is rich in natural beauty, cultural diversity, and resources. From the snow-covered peaks of the Southern Andes to the turquoise waters and the silky sands of the Caribbean, countries in the region are diverse in terms of human development, economic activity, and population size. One of the few common denominators they have is the high rate of … [Read more...] about Organized Crime, Eroding Democracy in Latin America and the Caribbean?
Bringing Order to the Fight Against Urban Corruption
Over the last three years, the media in Latin America has been offered a rich harvest of scandal. Brazil's Lava Jato affair, involving the diversion of money from contracts at the state-run oil company to personal and party coffers, has led to more than 200 arrests and 80 convictions. A Guatemalan president and vice-president were driven from office over a multi-million dollar … [Read more...] about Bringing Order to the Fight Against Urban Corruption