Ideas to Action:

Independent research for global prosperity



December 14, 2017

Towards the Argentine Presidency in the G20: What Macro-Financial Challenges Does the Region Face and What Are the Implications for the Debate?

After the slowdown of the Chinese economy and the sharp decrease in commodity prices, the Latin American macroeconomic outlook has worsened substantially in relation to the boom that occurred between 2003 and 2012, despite favorable external conditions characterized by significantly high liquidity in international capital markets and a strong economic recovery in developed nations.

July 27, 2017

Violence, Development, and Migration Waves: Evidence from Central American Child Migrant Apprehensions - Working Paper 459

This paper studies the relationship between violence in the Northern Triangle and child migration to the United States. It finds that one additional homicide per year in the region, sustained over the six-year period of study—that is, a cumulative total of six additional homicides—caused a cumulative total of 3.7 additional unaccompanied child apprehensions in the United States. The explanatory power of short-term increases in violence is roughly equal to the explanatory power of long-term economic characteristics like average income and poverty.

May 11, 2017

Identification as a National Priority: The Unique Case of Peru - Working Paper 454

Peru is a remarkable example of a country that established civil identification as a national priority in response to the need to re-integrate the state after a serious insurgency. The approach has combined the creation of an autonomous civil registration and identification agency and the use of performance-based financing to expand coverage to poor, remote, communities and to help integrate civil registration with the national ID.

William Reuben and Flávia Carbonari
April 4, 2017

Latin America´s Policy Options for Times of Protectionism

A rise in protectionism and increased external uncertainty may compound already existing domestic weaknesses. Latin America cannot run the risk of being unprepared for the significant potential direct and indirect effects of such a menace to its exports, capital inflows and growth.

Latin American Currency, Photo Credit: Alex Prolmos
January 30, 2017

Latin America in a New Global Political and Economic Scenario: What Does It Mean for the Region?

Since mid-2016, a new wave of political developments in advanced countries has been shaking Latin America. This latest assessment of the Latin American Committee on Financial Issues (CLAAF) examines how the anti-globalist movement sweeping the West will affect macroeconomic trends in Latin America.

January 23, 2017

Temporary Work Visas as US-Haiti Development Cooperation: A Preliminary Impact Evaluation

We report a small-sample, preliminary evaluation of the economic impact of temporary overseas work by Haitian agricultural workers. We find that the effects of matching new seasonal agricultural jobs in the US with Haitian workers differs markedly from the effects of more traditional forms of assistance to Haiti, in three ways: The economic benefits are shared roughly equally between Haiti and the United States; these benefits are very large, including raising the value of Haitian workers’ labor by a multiple of fifteen; and the portion of the benefits accruing to Haiti is uncommonly well-targeted for the direct benefit of poor Haitian households.

January 23, 2017

Shared Harvest: Temporary Work Visas as US-Haiti Development Cooperation

We estimate the economic effects of short-term work by a small sample of farmers from Haiti in the United States, where no US workers are available. We then compare these to the effects of more traditional assistance. We find that these work opportunities benefit Haitian families much more directly, and to a dramatically greater extent, than more traditional forms of assistance—raising workers’ current earnings on average by multiple of 15.