The publication argues that current efforts to improve the well-being of men and boys of color are too fragmented, failing to account for the structural linkages between systems like education, employment, and criminal justice. It proposes a new, holistic framework that traces how structural conditions flow through multiple domains to measurable outcomes, such as longevity. Key reasoning emphasizes the need to treat 'place' as a fundamental actor and to identify successful communities where these populations are already thriving. Policy implications require shifting away from individual-focused interventions toward developing structural, place-based agendas that address systemic inequities.
Measuring fiscal space in emerging market and developing economies
English Summary
The publication argues that developing economies should not simply conserve fiscal space, but rather strategically invest to actively create future fiscal capacity. This is evidenced by investments in areas like climate adaptation and clean energy, which yield high marginal returns and prevent much higher future costs. The authors propose a rigorous model to help policymakers quantify two factors: the high economic returns of public investments and the macroeconomic sustainability of the resulting debt. Consequently, policymakers are advised to use quantitative frameworks to guide spending decisions, ensuring that proposed investments are both economically justified and fiscally manageable.
中文摘要
該出版物主張，發展中經濟體不應僅僅著重於維持財政空間，而應積極進行戰略性投資，從而主動創造未來的財政能力。這體現在對氣候適應和清潔能源等領域的投資，這些領域能帶來高邊際回報率，並預防未來更高昂的成本。作者們提出了一個嚴謹的模型，旨在幫助政策制定者量化兩個因素：公共投資的高經濟回報率，以及由此產生的債務的宏觀經濟可持續性。因此，建議政策制定者利用量化框架來指導支出決策，確保所提議的投資在經濟上合理且在財政上可控。
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