Ofer Malamud, Santiago Cueto, Julian Cristia, Diether W. Beuermann, 08 March 2019

Many governments and NGOs have invested substantial resources in expanding internet access to children in developing countries. This column reports on an experiment in Peru in which laptops and access to the internet were provided to schoolchildren. While those selected to receive a laptop did improve their digital skills, the results suggest that increased access to the internet at home did not improve academic achievement, cognitive or socio-emotional skills, which are arguably the more important outcomes of such interventions.

Jessica Baier, Jörg Baten, 19 November 2017

Studies have found that the occurrence of natural resources can increase the risk of civil war and interstate conflict. This column uses data from 50 countries beginning in 1890 to show that silver mining can also have substantial effects on interpersonal violence during peacetime. Across many different countries and periods, an economy's increasing dependence on silver has increased the homicide rate.

Elías Baracat, Michael Finger, Julio Nogués, Raúl Thorne, 28 October 2013

Trade reforms must be durable if countries are to reap the benefits of international specialisation and trade. Whereas Peru has sustained the reforms it carried out in the 1990s, Argentina has introduced multiple trade restrictions in recent years. This column argues that Peru’s success is due to two factors. First, Peruvian trade reform was part of a broader reform effort. Second, by highlighting the success of Asian countries and negotiating bilateral agreements, Peru’s political leaders fostered a positive vision of Peru’s role in the world economy.

Jerónimo Carballo, Christian Volpe, Ana Cusolito, 13 July 2013

Expanding road infrastructure is often justified on the basis of its presumed effects on exports. Yet, available evidence on to what extent these effects really materialise is very limited due to difficulties faced in convincingly identifying true casual relationships. Historical road networks can help overcome this endogeneity challenge. This column provides evidence for Peru based on the Inca road network and suggests that improvements in road infrastructure have had a significant impact on firms’ exports and thereby on job creation.

Christian Daude, 10 December 2012

Latin American central banks are facing new challenges in the form of unprecedented levels of uncertainty and exchange rate appreciation pressures. This column, focusing on Brazil, Chile, Colombia, Peru and Mexico, argues that there is an overestimation of the potential output in several Latin American economies, a lack of an explicit policy direction from central banks, and lacklustre frameworks for macroprudential policy. Although inflation targeting has served countries in Latin America well, significant risks remain.

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