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,...

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...

This paper estimates intergenerational mobility in education using data from 91 censuses in 24 countries in Latin America and the Caribbean spanning over half a century. It measures upward mobility as the likelihood that individuals will complete one educational stage more than their parents...

Rationale A geopolitical fragmentation of world trade, i.e. the emergence of two blocs that restrict trade with countries in the other bloc, has recently become a more likely prospect. How does this geopolitical risk affect the trade and economic outlook for Latin America and the Caribbean?...

The of this paper is to deal with the emerging relationship between civil society and the innovation system in Latin America and the Caribbean - the financing of innovation, particularly - with the intention of suggesting a differentiated conceptual perspective and raising some of the most...

Given that home country factors play a major role in the internationalization of emerging market firms, there is an ever-growing debate on how they influence the intensity of outward foreign direct investment (OFDI) from these regions. This study investigates how home country factors affect the...

This paper aims to identify the main contributing factors to the observed gender pay inequality in the last 10 years in Latin America and the Caribbean. It also aims to identify the main restrictions to design evidence-based policy. The average woman in the region works 25 h more per month than...

Strategies based on growth and inequality reduction require a long-run horizon, and this paper therefore argues that those strategies need to be complemented by poverty alleviation programs. With regards to such programs, informality in Latin America and the Caribbean is a primary obstacle to...

An estimated 1.3 million people die in traffic accidents each year worldwide and millions more are injured, with developing countries disproportionately affected. It is predicted that the number of global traffic deaths will be around 1.8 million annually by 2030, making it the eight cause of...

Crime and violence generate many distortions in the allocation of private and public resources and engender economic and social costs that hinder development. In Latin America and the Caribbean, which is the most violent region on earth, the costs of crime represent at least 3.5% of the regional...