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Latin America, Africa Partner on Managing Commodity Wealth

It's only fitting that a country largely built on mineral abundance has been the venue for a critical discussion on how to manage natural resource wealth.A group of World Bank experts, including...

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Latin America’s growth prospects: Made in China?

Global turmoil. Growing prospects of another recession. Crisis in the Eurozone. China’s role as a global growth and recovery engine thrown into question.The current situation looks worrying enough as...

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Africa: In search of the Brazilian economic miracle

También disponible en español  During the second half of 2011, relations between Africa and Brazil continued to flourish as part of the historic trade, cultural and economic rapprochement of the two...

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Can global headwinds slow down Mexico’s economy?

También disponible en españolUncertainty surrounding the global economy remains high. Despite relative calm in the markets, several black clouds are on the global economic horizon in 2012, with...

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Latin America to the world: lessons learned on austerity, growth, reforms

También disponible en español'Made in Latin America'. Wouldn't that be a great label? --one that would slowly work its way out of the realm of some imaginary Latin American products to become a real...

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Latin America: are we forever at the mercy of high oil prices?

También disponible en español A few weeks ago a rare storm event known as "Derecho" ravaged the Washington, DC area, claiming many lives and leaving 1.3 million homes and business without electricity....

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Building pro-growth coalition for reforms: The Caribbean Growth Forum

What does it take to make reforms work in small island countries? At the end of June 2013, twelve Caribbean countries presented a roadmap for growth in three areas -logistics and connectivity,...

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In Latin America, Hard Hats and Tools are no longer only for Men

While driving around rural areas of Puno in Peru, Caaguazú in Paraguay or Granada in Nicaragua, do not be surprised to see women lifting rocks from the roads and using shovels and picks alongside men....

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Tame macroeconomic volatility to boost growth and reduce hardship in the...

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces...

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Do rich and poor countries have different approaches to counter-cyclical...

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government...

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What’s the connection between financial development, volatility, and growth?

Understanding macroeconomic volatility part 3Read parts 1 & 2 There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth, particularly...

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How does this affect the small island economies of the Caribbean?

Understanding Macroeconomic Volatility: Part 4. Click to read the rest of the series

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One Part of Something Bigger

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room at...

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Customs Union between Guatemala and Honduras, from 10 hours to 15 minutes!

Trading across borders in Central America has been a severe problem for many years. In 2017, cargo trucks used to spend 10 hours to travel less than one kilometer across the borders between Guatemala...

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Boosting access to markets in Paraguay: A rendezvous with saleswomen

Fair in Capiibary, San Pedro Department. Farrah Frick / World Bank The producers of Capiibary, a small town in the San Pedro Department, will never forget Friday, May 4th, 2018, when Mario Abdo...

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