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Blog Post
February 24, 2022
Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.
Blog Post
January 13, 2022
A massive leak that disrupted Peru’s national teacher selection test threatens the country’s impressive improvements in learning.
Over the eight years prior to the pandemic, the most respected international tests show that Peru made more progress in education than any other country in Latin...
POLICY PAPERS
December 10, 2021
In recent decades, the number of people migrating irregularly from the three Northern Triangle countries of Central America—El Salvador, Guatemala, and Honduras—has been increasing, putting pressure on the Biden-Harris administration to address the root causes of irregular migration and deliver “res...
Blog Post
December 10, 2021
The Biden-Harris administration has made addressing the “root causes” of irregular migration from El Salvador, Guatemala, and Honduras a top policy priority. Its first budget request included $861 million for the region, a level nearly triple previous commitments. Though Congress hasn’t yet finalize...
Blog Post
November 10, 2021
Last Friday, the Government of Belize alongside the U.S. Development Finance Corporation (DFC) and the Nature Conservancy (TNC) announced the financial close of the largest blue bond for Ocean Conservation to date. The program enables Belize to convert its existing Eurobond (i.e. foreign currency bo...
CGD NOTES
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...
WORKING PAPERS
October 29, 2021
Recruiting and retaining teachers for schools in rural areas or in areas with high concentrations of poverty is a challenge around the world, and many governments have implemented policies to make working in hard-to-staff schools more attractive, either to teachers overall or to the most effective t...
Blog Post
October 29, 2021
Just about every school district in the world has schools that it struggles to staff. Many teachers don’t want to work in remote schools, or they don’t want to work in urban schools with high concentrations of poverty. Teachers play an obvious, crucial role in the education process, so how can syste...