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Experimental studies using randomized controlled trials (RCTs) are a powerful tool in policy analysis. They have been sometimes hailed as the best means of identifying ‘what works’ in development policy. However, it would be unwise to rely solely on findings from RCTs to guide policy. While RCTs...
– Policy Changes and Lessons
For the last quarter of the twentieth century, Latin America suffered from low growth, rising inequality, and frequent financial crises. However, since the beginning of the twenty-first century the region has enhanced its growth performance, reduced social polarization, and improved macroeconomic...
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