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Ride-Hailing: A Complex Challenge For Cities

Who are the winners and losers from the rise of ride-hailing platforms? Answer by Juan Camilo Castillo, Assistant Professor, Economics Department at University of Pennsylvania ....

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Report: New York Red Bulls close to move for Ugandan youth international Steven Sserwadda

Report: New York Red Bulls close to move for Ugandan youth international Steven Sserwadda
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Researchers propose new mechanism to promote access to COVID-19 vaccines

Researchers propose new mechanism to promote access to COVID-19 vaccines
Although the value of vaccines for COVID-19 may seem obvious, government action and investment in vaccines have not been commensurate with the enormous scale of benefits they offer, argue Juan Camilo Castillo and colleagues in this Policy Forum.
Since even one extra month of exposure to COVID-19 kills hundreds of thousands, reduces global gross domestic product (GDP) by hundreds of billions of dollars, and generates large losses to human capital by harming education and health, expanding vaccine capacity even further would generate substantial global benefits.
Castillo et al. report results of two related exercises: estimating the global benefits from vaccine capacity already in place, and estimating the benefits of undertaking additional capacity investment starting now. ....

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Deeply Rooted: Coca Eradication and Violence in Colombia

What’s new? Coca crops have set record yields in Colombia since the 2016 peace accord with FARC guerrillas, persuading the government to expand its forced eradication campaign with the backing of U.S. authorities. Bogotá claims that eliminating the plant will reduce rural violence.
Why does it matter? Insecurity in Colombia’s countryside has steadily got worse in recent years as armed groups vie with one another and the military for supremacy. Enhanced eradication, and potentially aerial fumigation, could intensify violence by forcing farmers into the clutches of armed outfits, while failing to stop the replanting of coca.
What should be done? Colombia and the U.S., the lead outside backer of tough counter-narcotic policies in Latin America, should turn the page on using force against coca farmers in a bid to dent global cocaine supply. Boosting rural economies, forging ahead with crop substitution and avoiding clashes with cultivators would make for better po ....

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