Latest activity

Working papers: Latest Research

New entries as of May 23, 2017


​Blog: Energía solar: una revolución vertiginosa

Luis E. Gonzales Carrasco
May 22, 2017

En 1543, Nicolas Copérnico a puertas de su muerte y consciente de provocar una gran revolución, publica De revolutionibus orbium coelestium (Sobre las revoluciones de las esferas celestes) donde sitúa al sol como el centro gravitacional de los planetas como la tierra. Hoy, se está gestando otra revolución, esta vez en la economía de la energía, con igual protagonista, el sol. En el último sexenio, uno de los cuestionantes más importantes al momento de pensar en el futuro de la tierra es el desafío que implica el cambio climático y sus impactos económicos. Uno de los principales determinantes de la aceleración del cambio climático es la emisión de los gases de efecto invernadero (GHG por sus siglas en inglés) que en 2016, según el International Energy Agency (IEA), completan tres años consecutivos en mantenerse contantes en 32.1 mil millones de toneladas de CO2 a nivel global. Del total, el 42% proviene de Generación Eléctrica, 23% Transporte (la mayoría transporte terrestre 17%), 19% Manufactura y construcción y el resto atribuido a otros sectores. Este freno en el crecimiento de las emisiones a nivel global se debe principalmente a la sustitución de combustibles fósiles por energías renovables.


Blog: 2017: the year Latin America bounces back?

Yuwa Hedrick-Wong (Chief Economist, Mastercard Center for Inclusive Growth)
May 19, 2017

In 2016, the buzz was that Latin America had lost much of its glow – the political landscape was changing, economic growth was near zero, and equality gains stalled. 2017, however, may be the year of the comeback for Latin America. While individual nations in the region are faring differently, the global economic environment has become much more supportive for the region, at least in terms of cyclical momentum. Key developments in this regard include: The collapse of the commodity super-cycle that started in 2011 has stabilized. China, the pivotal consumer of commodities in the last three decades, has been transiting into a lower but more sustainable level of growth at the 6-7% range in real GDP. This has led to steadily firming levels of commodity prices. In the US, it is becoming evident that President Trump has inherited a very strong economy well on its way to full employment. The earlier than expected normalization of interest rates will further facilitate stronger business investment.


Opportunities: Jobs

  • Assistant Professor at UNISINOS in São Leopoldo, Brazil. Application Deadline: May 22, 2017
  • Especialista Líder (Economista de País) - Panamá, Inter-American Development Bank (IDB). Application Deadline: May 24, 2017
  • Especialista Líder (Economista de País) - HQ y otros países, Inter-American Development Bank (IDB). Application Deadline: May 24, 2017
  • Especialista Líder (Economista de País) - Departamento de Países Belice, Centroamérica, México, Panamá y Rep. Dominicana, Inter-American Development Bank (IDB). Application Deadline: May 24, 2017
  • Especialista Líder (Economista de País) GRADO 4/5, Inter-American Development Bank (IDB). Application Deadline: May 24, 2017
  • Economics Specialist / Senior Specialist, Strategic Planning and Monitoring Division (SPD/SMO) - 2 positions -  in Washington DC, Inter-American Development Bank (IDB). Application Deadline: May 31, 2017

Blog: Transferencias monetarias y desarrollo infantil, ¿persiste el impacto a través del tiempo?

Maria Caridad Araujo
May 17, 2017

Los países de América Latina han invertido importantes esfuerzos y recursos en la implementación de programas de transferencias monetarias focalizados hacia la población más pobre, en particular mujeres embarazadas, hogares con niños pequeños y en edad escolar. Algunas evaluaciones de programas en países como Nicaragua o Ecuador, encontraron que, en el corto plazo, los programas de transferencias monetarias tuvieron impactos positivos sobre diferentes dimensiones del desarrollo infantil. Es por esto que en un artículo publicado recientemente, mis colegas y yo nos planteamos la siguiente pregunta: ¿Pueden las transferencias monetarias ayudar a que los hogares escapen de una trampa intergeneracional de pobreza?


Working papers: Latest Research

New entries as of May 16, 2017


Blog: Toward a Renewal of Economic Integration in Latin America and the Caribbean

Chad Bown (Peterson Institute of International Economics), Daniel Lederman (World Bank), Samuel Pienknagura (World Bank) and Raymond Robertson (Texas A&M University)
May 15, 2017

Few doubt that a deeper and more robust integration into international markets is crucial for Latin America and the Caribbean (LAC) to succeed in lifting its long-term growth rate. Paradoxically, just as the region’s citizens and policy makers appear ready to embrace outwardly-oriented growth strategies, the world is not helping. The current sluggishness of global trade may be prolonged, and anti-globalization attitudes have been hardening in advanced economies. Given these global circumstances, regional integration has moved to the forefront of the policy debate in LAC, as it seems to offer a viable intermediate solution. Whether such a response will deliver the expected growth dividends is not obvious, however. It will depend on the underlying vision of regional integration and the extent and quality of complementary domestic policies and reforms. Sustained efforts will be needed to push toward an intelligent renewal of “open regionalism” (OR), whereby an improved and more integrated LAC decidedly promotes deeper integration with the world, and vice versa.


Blog: In Latin America, companies still can’t find the skilled workers they need

Angel Melguizo (Chief Economist, Latin American Unit, OECD Development Centre) and Carmen Pages-Serra (Chief, Labor Markets and Social Security Division, InterAmerican Development Bank)
May 12, 2017

Latin America faces an acute skills shortage. Around 50% of formal Latin American firmscannot find candidates with the skills they need, compared to 36% of firms in OECD countries, according to Manpower. This is a particularly pressing issue in Peru, Brazil and Mexico. A lesser known fact is that the sectors with the biggest skills gap in Latin America are the ones that are more beneficial for development and industrial upgrading, such as motor vehicle and advanced machinery. At the same time that Latin America has the world’s highest skills shortage in the formal economy, two out of every five young people are neither studying nor working, and 55% of workers in the region work in the informal economy. Workers clearly do not have the skills that companies need, and companies are having a very hard time finding the talent they require to grow their businesses.

Share this