Uruguay is a net importer of crude oil. A significant hike in oil prices could have a negative impact onthe country’s economic activity and public sector finances, putting pressure on the government to...
Costa Rica is a small, middle-income country with substantial exposure to natural disasters, including earthquakes, floods, hurricanes, landslides, and volcanic eruptions. According to a World Bank funded...
Guatemala, one of the largest economies in Central America, made significant progress in achieving macroeconomic and democratic stability after a 36-year civil war. Prudent macroeconomic management enabled...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) was established in 2007 with the support of the World Bank, the Government of Japan and other donors. CCRIF provides insurance coverage against...
The 2008 global financial crisis and the subsequent Eurozone crisis considerably slowed the growth and poverty reduction momentum in Albania. Government financing needs in 2015 were very high. A EUR200...
Mexico, ranked fourth in the world behind Sweden, Germany, and Iceland in the Climate Performance Index, has emerged as a global leader in the climate change arena. Despite fuel technology improvements...
Mexico ranks 12th in the world in terms of total Green House Gas (GHG) emissions and is the second largest emitter in Latin America. In its national strategy for climate change mitigation and adaptation...
The State of Sao Paulo is one of Brazil's most advanced states. The World Bank's transport specialists worked with the State to design a project - the Sao Paulo State Sustainable Transport Project - that...
Indonesia was in a relatively strong position when the global financial crisis struck in September 2008. Real GDP growth was at a ten-year high of 6.3 percent in 2007. But the global turmoil soon began...
Malawi, a landlocked country situated in Southern Africa, is highly vulnerable to drought. Thirty-eight percent of the country's Gross Domestic Product or GDP is dependent on agriculture, but rainfall...