Month – July 2016

Designing Creative Policies to Generate Knowledge Spillover in R+D

Innovation is a driver of productivity and economic growth. Unfortunately, research and development expenditures to develop and adapt innovations in Latin America are very low, especially by its private sector. Rich in natural, human, and productive resources, the region’s potential is enormous, however. This calls for governments to create conditions that boost not only research […]

Labor Informality and the Pension Disaster

For two decades beginning in the 1990s, Latin American and Caribbean nations became embroiled in a debate over which type of pension system would best provide for retired seniors. Populations were expected to rapidly age. Budgets were tight, and private and national savings rates, low. A way had to be found to guarantee retirements while […]

BREXIT: What Does It Mean for Latin America and the Caribbean?

The UK is a country of just 242 thousand square kilometers (compared to Mexico’s 1.9 mn, Argentina’s 2.7 mn and Brazil’s 8.4 mn) located about 7,000 km from Barbados and more than 7,500 km from anywhere on the mainland of Latin America (it’s just over 7,500 km from London to Simon Bolivar airport, Caracas and […]

Finding the Recipe for Successful Productive Development Policies

Latin America boasts a wealth of creativity and resources. Since the turn of the century, its creative industries—from Argentina to Colombia to Mexico—have been flourishing. However, the region has been getting bad grades in productivity, a key ingredient for development. Its levels of research and development are low. Compared to rich countries, its productivity has […]

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