Evaluamos los sistemas de transferencias monetarias no contributivas en 17 países de América Latina y el Caribe para identificar factores que les impiden reducir la pobreza y la desigualdad. Para realizar esta evaluación, analizamos tres dimensiones de tamaño (número de beneficiarios,...

This paper presents a comprehensive framework examining fiscal sustainabil- ity in developing economies. It integrates public capital, labor informality, and global liquidity shocks in a two-sector DSGE model for a small open economy, revealing their intricate interplay and nonlinear impact on...

Firms market power may exacerbate income inequality. We investigate this relationship among firms in Latin America and the Caribbean (LAC), where this phenomenon remains understudied. We use firm-level data for formal firms in 16 countries in LAC and 31 peer economies with similar levels of GDP...

At least ten Latin American and Caribbean countries have pledged to achieve carbon neutrality. Has electricity planning in the region evolved towards reaching these goals? We compare power generation capacity in 2023 to announced plans in 2019. We then estimate committed emissions from existing...

We study the impact on learning of a child's rank in the classroom using a unique experiment from Ecuador. Within each school, students were randomly assigned to classrooms in every grade between kindergarten and 6th grade.Therefore, two students with the same ability can have different...

The seemingly upward trend in opting out from public services and the segregation of income groups in public and private education and health systems has raised concerns about the future of an already fragmented social contract in Latin America. In this chapter, we examine the evolution of the...

This paper studies the effects of automation of production on labor market outcomes, and whether there is an effect of automation on functional and personal inequality in Latin America. The paper combines several data sources and empirical strategies in order to approach the issues from...

Structural reforms modify the institutional and regulatory framework to foster economic growth and improve welfare. While initially linked to economic liberalization, the concept has expanded to encompass a more comprehensive array of sector-specific interventions. However, the increased level...

How to keep water and land stress within planetary boundaries is a major challenge for sustainable development in Latin American countries. Using an environmentally extended global multi-regional input-output analysis (GMRIO) approach, this study simulates future land and water demand for...

Eastern Caribbean Small Island Developing States (SIDS) have a high dependence on international trade for income, employment and poverty reduction given their extreme openness, small market size, narrow range of resources and productive capabilities and specialized economic structures, making...