So far, 2016 has been a year filled with challenges and uncertainties. Global economic growth is weak, commodity prices remain low, and international trade isn’t picking up. In fact, voters around the world are questioning long-held beliefs in open markets, and populists are exploiting their fears by suggesting divisive policies and promising easy solutions to complex issues. Against this backdrop, it would seem that staying afloat is already a remarkable feat by any country.
But to make progress in the fight against poverty and to reactivate economic activity to provide opportunities for all, countries have to do much more. They have to tackle necessary and sometimes difficult reforms, deal with tradeoffs, but most of all, they need to stay focused on what is good for most people in the long-term.
These statistics highlight the need to address the problem as global citizens. But if you look at it closer, the incentives for action are indeed very local, making cities—as the centers of consumption in the world—important game changers with strong reasons to take action.
To address those questions and share their experiences, officials in charge of designing and implementing national housing policies in eight countries (Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Paraguay, and Peru) recently met in Washington DC, along with representatives from the World Bank, Cities Alliance, the Urban Institute, and Wharton's International Housing Finance Program.
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Public schools in the Province of Buenos Aires generally provide school books and other learning materials to students free of charge. This is important, as the poorest 40 percent of Argentina’s population relies disproportionately upon public services such as education. But, what happens when schools cannot purchase books for students?
Fixed expenditures, including personnel costs, generally leave limited space for other quality-enhancing education expenditures, such as school books and training materials. Faced with an unexpected pressure on such fixed expenditures in 2013, some schools were suddenly forced to cut down significantly on teacher training materials and other educational resources generally provided free of charge. As a result, a number of parents were suddenly forced to decide between purchasing learning materials for their children’s education, or paying bills.
A condition of no growth in basic learning outcomes, despite high levels of education spending.]
Argentina is no stranger to stagflation – a condition of stagnant economic growth, despite high inflation. But, over the last decade or so, it has also been suffering from staglearning – no growth in learning, despite high levels of spending on education. This is not just inefficient; this is heartbreaking since it means the country is not capitalizing on potential poverty reduction.
This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average growth meant at least double the economic activity that we are seeing today.
People, Spaces, Deliberation bloggers present exceptional campaign art from all over the world. These examples are meant to inspire.
Salt overuse is a big global health problem. The World Health Organization alerts that most people in the world consume too much sodium. Eating too much salt increases your blood pressure, and high blood pressure is a major risk for heart disease and stroke. Based on WHO data, raised blood pressure is estimated to cause 7.5 million deaths, about 12.8% of the total of all deaths worldwide.
The WHO Guideline on sodium consumption indicates that each adult should consume less than 5 grams of salt per day. According to the video below, Argentinians consume about 15 grams of salt per day. That would be three times above the maximum daily dose recommended by the WHO Guideline.
That’s why in Argentina, the Favaloro Foundation took a unique and colorful approach to help its fellow citizens use less salt in their meals.
Source of the video: Grey Argentina
As countries prepare to meet at the G20 summit in Turkey next week, global growth and infrastructure needs will be at the top of decision makers’ concerns. And rightly so: Infrastructure – roads, bridges, ports, power plants, water supply – drive economic growth in many countries by facilitating manufacturing, services and trade. But it’s not just a matter of building more. To achieve good development on a planet stressed by climate change and diminishing natural resources, infrastructure needs to be sustainable.
The global landscape these days is not a pretty one: collapsing commodity prices, weak demand in the OECD economies and a pronounced slowdown in many emerging markets, unpredictable capital flows affecting exchange rates, and a noticeable slump in world trade. This is clearly not a good time to be a Minister of Finance!
This is the panorama that surrounds the IMF World Bank Annual Meetings in Lima, October 8-10. The weak global picture is heavy on diagnostics of what is troubling many developing countries, but less robust on the side of policy solutions. In Lima, this will be one of the key topics of discussion during a high-level debate on “Balancing sustainable growth and social equity”.