Latin American Development Priorities Costs and Benefits [Hardcover]

Shows how limited resources could be used for the greatest benefit of the Latin American and Caribbean region.Many countries in Latin America and the Caribbean have achieved considerable economic growth, yet the region still faces many seemingly intractable problems. This book follows the Copenhagen Consensus process to show how limited resources could be used for the greatest benefit of the Latin American and Caribbean region.Many countries in Latin America and the Caribbean have achieved considerable economic growth, yet the region still faces many seemingly intractable problems. This book follows the Copenhagen Consensus process to show how limited resources could be used for the greatest benefit of the Latin American and Caribbean region.Many countries in Latin America and the Caribbean have achieved considerable economic growth, yet the region still faces many seemingly intractable problems. The conventional wisdom in development agencies - that prioritization is impossible and that everything must be done - is simply not effective. Latin American Development Priorities shows how limited resources could be used for the greatest benefit of the Latin American and Caribbean region. A panel of economists met over three days in San Jos? to review proposals to tackle the ten most important challenges, which emerged from a survey by the Inter-American Development Bank. The expert panel was asked a question which appears simple but is actually very difficult to answer: What should Latin American governments do with an additional nominal $10 billion? Hard choices are needed if Latin America's problems are to be tackled effectively. This book provides the means to make those choices as objectively as possible.List of figures; List of tables; List of contributors; Acknowledgements; Foreword Luis Alberto Moreno; Introduction Bj?rn Lomborg; 1. Democracy Mark P. Jones; 2. Education Amy Damon and Paul Glewwe; 2.1. Education - an alternative view Miguel Urquiola; 3. EmploymentlS0