Latin American experts demonstrate how market-friendly measures in key policy areas can promote greater equity and efficiency. By identifying win-win strategies, the authors challenge the conventional wisdom that there is always a tradeoff between these two objectives. This volume shows how...

This paper addresses the issues involved in taking a broader, quality of life-based approach rather than an income-based approach to assessing welfare. Te paper shows how a quality of life approach can help to evaluate the welfare effects of factors ranging from health, education, and...

Crime and insecurity are increasingly common features of life in Latin America and the Caribbean, particularly in urban areas. Victimization rates in the region are the highest in the world, with the exception of Sub-Saharan Africa. This publication explores how victimization and perceptions of...

This monograph is part of a larger investigation of the political economy of institutional reform in Latin America undertaken by the Latin American Research Network. It examines some hypotheses about what can be done to improve the chances for successful institutional change. It draws on the...

This paper assesses the effects of different health conditions on happiness. Based on a large data set for Latin America, the effects of different conditions are examined across age, gender, and income cohorts. Anxiety and pain have stronger effects than physical problems, likely because people...