Latin America’s Reform Priorities
Ignorance often impairs the spending decisions of policymakers and international aid organizations. The Consulta de San Jose has shown how and where Latin American and Carribean governments should invest their resources to achieve the largest welfare gains possible.
https://prosyn.org/sUy3G7i
SAN JOSE, COSTA RICA -- We seldom acknowledge that lack of knowledge – ignorance, if you like – impairs the spending decisions of policymakers and international aid organizations. Yet their priorities are often set in an ad hoc way with little regard for achieving the largest welfare gains possible.