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Chile

Institutions and Systems Matter for Health and Social Development

Patricio V. Marquez's picture

This past week, I attended a couple of interesting seminars at the World Bank’s Human Development Forum on how some mineral-rich countries have been able to translate their newfound riches into sustained economic growth, improved living conditions, and  better nutrition, health and education levels for their populations.

Apps against domestic violence: 21st-century solutions to an old problem

Hasan Tuluy's picture

También disponible en español

There is a statistic that both astonishes and troubles me: the leading cause of injury to women is not traffic accidents, crime or serious disease. It is domestic violence.

One in four women will fall victim to this type of violence in her lifetime. In other words, a quarter of the female population, a shocking figure that reminds us that these are not anonymous women, but rather acquaintances, colleagues, neighbors, people we run into on the subway every day. 

Prospects Daily: Global stock markets rallied on Friday

Global Macroeconomics Team's picture

Financial MarketsGlobal stock markets rallied on Friday, with the benchmark MSCI world equity index hitting a 20-month high level of 552.16, as positive economic data from the two world’s largest economies boosted market sentiment. Along with robust U.S. labor and housing market reports, China’s better-than-expected fourth-quarter GDP growth (y/y), buoyant industrial production and retail sales figures added to signs that the global economic recovery is gaining traction.

Time to Move from Measuring Jobs to Jobs Quality

Gladys Lopez-Acevedo's picture

Workers seting up an electric sub station in Santiago de Chile

There's widespread agreement that a stronger focus on quality jobs — typically thought of as jobs that are well paid, stable, and with reasonable conditions — are perhaps the best way for emerging and developing countries to lift themselves out of poverty and reduce inequality. However, there's little agreement on how to measure and analyze job quality not only because the literature on the topic is quite recent and heterogeneous but also because of a lack of adequate data to measure job quality properly. Today's blog looks at an innovative paper that tries to break new ground in measuring job quality. It focuses on Chile, which in recent decades has enjoyed strong economic growth — yet continues to suffer inequality and poverty.

Sizing Up Gender Gaps in Labor Markets

Mary Hallward-Driemeier's picture

Luisa Maria Oliveira. Student. Brazil. VIdeo Still. © Romel Simon/World Bank RS-BR03

We know there are large gender gaps in labor markets. But how pervasive are they and what can be done about them? At the November 2012 LACEA (Latin American and Caribbean Economic Association) — LAMES (Latin American Meeting of the Econometric Society) conference in Peru, academics presented new evidence on the extent of gender gaps in the labor market and some of the underlying explanations for the patterns observed.

Prospects Daily: US consumer confidence falls; inflation moderated in Chile, Peru and Mexico but rose slightly in Brazil

Global Macroeconomics Team's picture


Financial Markets…U.S. Treasuries slid for the first time in four days, with the benchmark note yields 3 basis points to 1.62%, as a government report showed U.S. employers added more than forecasted jobs in November. U.S government bonds have advanced 2.8% this year as of yesterday, after gaining 9.8% in 2011 and 5.9% in 2010.

Latin America 4 degrees warmer? Not cool!

Erick Fernandes's picture

También disponible en español y portugués

So you may be wondering if those scenes from the movie 2012 are not too much of a stretch after all, huh?

In the Hollywood blockbuster, apocalyptic images of rising oceans, erupting volcanoes and crumbling cities prelude the end of the world as we know it. Well, let me tell you that even though I’m not a great fan of end-of-days films –I think they oversimplify issues and de-sensitize the public-- I do believe that the world as we know it is on a path to dangerous climate change

Growing the middle class

Francisco Ferreira's picture

También disponible en español

Shoppers in Chile

Since the Great Recession of 2008, there has been a widespread sense of malaise among the American middle class. Their incomes are close to stagnant, employment has not recovered, and the gap between them and the famously rich top 1% continues to grow. Look south of the Rio Grande, though, and it is quite a different picture. In the last decade, moderate poverty (under U$ 4 a day) in Latin America and the Caribbean fell from over 40% to 28%.

Prospects Weekly: Private capital flows to developing countries eased in October

Global Macroeconomics Team's picture
Private capital flows to developing countries eased in October, but remain close to their highest level in more than a year, led by robust bond issuance by emerging market sovereigns and firms. Business sentiment has strengthened in some countries, including the US and several emerging markets, but remains weak in general amid US “fiscal cliff” and Euro Area risks.

The Mysterious Case of Chilean Service Exports

Sebastián Sáez's picture

También disponible en español

Chile has long been known as a superstar in liberalization reforms and innovative export-led growth strategies. The country successfully exports tourism and transportation services.

But these successes are, in some ways, yesterday’s news. The country’s performance in more modern service exports – internet and communications technology, business process outsourcing and others – has been less remarkable. Chile is no India.


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