América Latina y el Caribe (ALC) continúa gestionando competentemente los desafíos impuestos por la débil demanda global, el mayor nivel de endeudamiento, la incertidumbre en torno a la guerra en Ucrania...
Latin America and the Caribbean (LAC) continues to competently manage challenges of weak global demand, higher debt, uncertainty surrounding the war in Ukraine, and the ongoing although diminishing inflationary...
Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest...
Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest...
Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest...
This paper argues that relying on major policy distortions to create a domestic automotive industry through import substitution generates significant costs for the economy, in terms of foregone output...
Brazil enters the election year 2018 with an economy that is gradually recovering from the deepest recession in its recent economic history. This book is motivated by the need to understand the possible...
Brazil enters the election year 2018 with an economy that is gradually recovering from the deepest recession in its recent economic history. This book is motivated by the need to understand the possible...
After a two-year recession, something last experienced over three decades ago, the Latin America and the Caribbean (LAC) region is growing again. The challenge now is to accelerate and sustain growth to...
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...
The Growth Challenge of Latin America andthe Caribbean shows that Latin America and the Caribbean's growthperformance over the past decade cannot be reduced to the commodityboom: growth-promoting reforms...
The countries of the Latin America and the Caribbean (LAC) region like other emerging economies, have benefited from a decade of remarkable growth and some income per capita convergence toward the United...
Even nearly ten years of solid growth cannot guarantee long-term income convergence. The countries of the Latin America and Caribbean region (LAC), like other emerging economies, have benefited from a...
The Latin America and Caribbean (LAC) region has seen a decade of remarkable growth and income convergence. Growth has been a key driver for reducing poverty and boosting shared prosperity. It has been...
Since the mid-1990s, Brazil has struggled, with limited success, to reform its intergovernmental financing arrangements. Every four years, the electoral cycle brings promises of much needed reforms. Recently...
Paraguay has achieved significant progress in terms of fiscal policy over the past decade. Despite this progress on fiscal reform, three major challenges remain: 1) a volatile macroeconomic environment;...