Jim Yong Kim, President of the World Bank Group discusses the role of private sector as being essential for ending poverty by 2030, and for building shared prosperity so that the bottom 40 percent of the population shares in economic growth. He stresses the need to create a favorable environment...

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...

After a growth slowdown that lasted six years (including a contraction of 1.3 percent last year), the Latin American and Caribbean (LAC) region is finally expected to resume positive growth in 2017, with market analysts forecasting real GDP growth of 1.2 percent for 2017 and 2.3 percent for...

What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and...

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...

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...

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...

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...