Pension systems are fundamental pillars of both present and future well-being for populations in any society. But what exactly are they, and how do they work in Latin America and the Caribbean? In this article, we break down the "ABCs"—the essential basics you need to understand pension systems in the region. We also provide a guide to their structure, how they … [Read more...] about How to Understand Pension Systems and Social Security? The ABCs of Pensions in Latin America and the Caribbean
América Latina
What Is Monopsony and How Does It Affect the Labor Market?
In March 2018 we published the first version of this note describing some of the characteristics of monopsony, a phenomenon increasingly present in the labor markets of Latin America and the Caribbean. Six years later, we decided to update this blog with new references and recent data that account for a major market failure and may be one of the causes of persistent low labor … [Read more...] about What Is Monopsony and How Does It Affect the Labor Market?
Artificial Intelligence: What It Brings and What It Changes in the World of Work
We may often feel confused when talking about artificial intelligence (AI) and its relevance today. It is therefore important to be clear that, unlike other automation processes that have been tried before and throughout history, rather focused on repetitive tasks, AI refers to any technology that enables computers to imitate human abilities. What Is Artificial … [Read more...] about Artificial Intelligence: What It Brings and What It Changes in the World of Work
Silver Talent: What’s Happening with Employment and Entrepreneurship Among Older Adults?
“Hello, can you see me?” This was the question with which Peruvian entrepreneur and founder of TV Plateada, Cecilia Barreto, opened her remarks at the EU-LAC Silver Economy Forum. This event, held in January 2025 in Barcelona and co-organized by the IDB and Fundación “la Caixa,” aimed to discuss the challenges and opportunities of the silver economy, as well as to share … [Read more...] about Silver Talent: What’s Happening with Employment and Entrepreneurship Among Older Adults?
Entrepreneurship: Opportunity or Necessity? Discover the Key to Success
If you walk through almost any city in Latin America, you are likely to come across many small businesses or entrepreneurial projects. In some cases, they were created by people who had no other option—and they likely do not generate income that truly reflects the effort invested. In other instances, the business emerged in response to a neighborhood or market need, and you … [Read more...] about Entrepreneurship: Opportunity or Necessity? Discover the Key to Success