PUBLIC DEVELOPMENT BANKS – ARTS, CULTURE AND SUSTAINABLE DEVELOPMENT WHY? WHAT? AND HOW?

This 2025 study highlights how Public Development Banks (PDBs) can leverage arts and culture to drive sustainable development. It maps global initiatives supporting creative industries, heritage preservation, and cultural access. Emphasizing both economic and social impacts, the report calls for more institutionalized cultural support within PDBs, promoting financial innovation, cross-sector collaboration, and integration of culture into broader development strategies.

La Economía Política de los Tugurios de Crecimiento: Evidencia de Brasil

This paper provides evidence from
Brazil that local government actions can increase slum growth
without changes in poverty or immigration. Using a regression discontinuity design in close elections, I find that victories
by a center-left, pro-poor party in the 2000 municipal election
strongly increased the share of households living in slums in
2010 compared to 2000.