The quest for social status is usually considered one of the main drivers of the demand for consumer credit. This article provides a nuanced take on consumer credit by exploring the interaction between consumption, borrowing, and class identity. To do so I pursue a cultural class analysis...

How do neoliberal political economies threatened with declining competitiveness and social cohesion manage to remain neoliberal over time? This paper explores mechanisms of neoliberal continuity in Chile and Estonia by extending gradualist approaches to institutional change with the notion of...

Using data from the World Bank's Enterprise Survey, this paper explores the determinants of firms' training decisions in Latin America and the Caribbean. The share of production for the export market and the size of the firm are key factors; training programs are not prevalent in all sectors. In...