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After mediocre growth in 2018 of 0.7 percent. LAC is expected to perform only marginally better in 2019(growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face bothinternal and external challenges during 2019. On the domestic front. the recession in...
Persistent link: https://www.econbiz.de/10012644197
Inequality of opportunity : what it is, how it can be measured, and why it matters -- A human opportunity index for children -- Uses and policy applications of the human opportunity index -- Inequality of economic opportunity in seven Latin American countries -- Inequality of opportunity in...
Persistent link: https://www.econbiz.de/10012644072
After a growth slowdown that lasted six years, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed growth at a modest rate of 1.1 percent in 2017 and 1.8 percent expected in 2018. This reflects a more favorable external environment, particularly a recovery...
Persistent link: https://www.econbiz.de/10012644100
While adoption of new technologies is understood to enhance long-term growth and average per-capita incomes, its impact on lower-skilled workers is more complex and merits clarification. Concerns abound that advanced technologies developed in high-income countries would inexorably lead to job...
Persistent link: https://www.econbiz.de/10012644106
Policy makers in Latin America and the Caribbean (LAC) often complain that poor fiscal performance in their countries is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely ignored by the literature because of the lack of adequate...
Persistent link: https://www.econbiz.de/10012644273
Following the collapse of commodity prices in Latin America and the Caribbean (LAC) in 2014-15, many countries in the region were unable to cushion the impact of the shock in order to experience a more gradual adjustment, to a large extent because they had not built adequate fiscal buffers...
Persistent link: https://www.econbiz.de/10012644300
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The Latin America and the Caribbean Region (LAC) has the largest stock of active PPP investments and the largest pipeline of infrastructure projects by volume globally, reflecting the central role of the private sector in the regional development agenda. Looking ahead, the region is making...
Persistent link: https://www.econbiz.de/10012644926
This paper brings together the main findings and policy implications of two recent World Bank regional reports on economic growth in Latin America and the Caribbean: Araujo, Vostroknutova, Wacker and Clavijo, editions. (2016) and Araujo, Vostroknutova, Brueckner, Clavijo, and Wacker (2016). In...
Persistent link: https://www.econbiz.de/10012645062