The real exchange rate — or the cost of a country’s goods relative to foreign goods — has long been a fundamental measure of the strength of a nation's importers and exporters. Among important commodity exporters in Latin America, it is closely tied to the price of commodities. But commodity prices aren't only essential for Latin American trade. Given their critical role as … [Read more...] about A New Look at Real Exchange Rates
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U.S. Tax Reform: Challenges for Latin America and the Caribbean
The massive U.S. reform of corporate taxation that slashed rates from 35% to 21% seeks to increase investment, create jobs, boost wages and spur growth within the United States[1]. But it will unquestionably have global impacts, with likely reverberations for Latin America and the Caribbean. The United States is the world's largest economy and the largest source of foreign … [Read more...] about U.S. Tax Reform: Challenges for Latin America and the Caribbean
Prestigious Fellowship for Young Researchers Is Accepting Applications
The Research Department of the Inter-American Development Bank (IDB) is accepting applications for its Research Fellow Program. The program provides an ideal opportunity for recent graduates and young professionals interested in working with leading economists on issues related to sustainable and equitable development in Latin America and the Caribbean, including in the areas … [Read more...] about Prestigious Fellowship for Young Researchers Is Accepting Applications
It’s Time to Improve Primary Education: This Is How
Over the last 25 years, Latin America and the Caribbean has boosted efforts in primary education to the point that it is nearly universal, with three out of four students finishing primary school on time. But educational quality for very young children in the region still lags far behind that of developed countries. It even trails countries of similar levels of development in … [Read more...] about It’s Time to Improve Primary Education: This Is How
New Research Opportunities at the IDB for Behavioral Economists
The IDB invites researchers with a keen intellectual interest in behavioral interventions to apply for visiting positions with its recently established IDB Working Group on Behavioral Economics. As the leading multilateral institution for Latin America and the Caribbean, the IDB is looking to build on its experience helping governments use behavioral economics tools to improve … [Read more...] about New Research Opportunities at the IDB for Behavioral Economists