How should Latin American countries invest in capabilities to boost their per capita incomes? Research at the IDB suggests that much of the gap in income per-capita levels between Latin American countries and the United States is due not to the amount of capital accumulated. Rather it is a result of drops in the region's productivity levels vis-à-vis the U.S. The trick is … [Read more...] about Jumping to Higher Productivity and Income
#productivity
Beyond Remittances: Migrants and the Circulation of Brains
Every time the United States approaches an election cycle, migration policies become the subject of heated—if not evidence-based—debate. This year is no exception, as demonstrated by the exchange between immigration opponents and sons of immigrants on the stage of the Republican presidential debate. Discussion of migration typically gravitates to the subject of remittances: … [Read more...] about Beyond Remittances: Migrants and the Circulation of Brains