"I became tired of loosing my friends to violent acts involving firearms, and seeing how the young the potential of my generation is lost in prisons and cemeteries." These are the words of Angel Bolivar Araya Castillo, the Coordinator of Youth Against Violence (YAV) Movement in Costa Rica. I had the privilege of meeting Angel this spring when he and six youth representatives from the YAV movement came to the World Bank to talk about the importance of youth participation in violence prevention.
When economists think about price shocks, they consider how a change in price will affect the supply and demand of a product. But when that product is human – i.e., a worker – interpreting the impact of a price – or wage – shock is no longer cut and dried.
Just consider: If your wage was suddenly cut, would you remain in your current job despite the loss in earnings? Would you quit immediately, or look for a new job while continuing to work? How long could you survive on your lower earnings? Would you be forced to sell your house or other assets? How much money and effort would you invest in finding a better job? Would your personal circumstances allow you to take a better job in a distant location? Would you uproot your family for this job?
For almost a decade, the large emerging market economies, including several countries in Latin America and the Caribbean (LAC), have been regarded by analysts and investors as new engines of growth. The enthusiasm was further sparked when, after a short pause in 2009, emerging economies actually led the economic recovery in the world. A new story line seemed to dominate, that emerging market economies had finally arrived.
Many of our aspirations revolve around improving our personal finances—keeping better track of spending, saving towards a goal or perhaps getting out of debt. How can we work towards these goals and follow through on these changes?
You can find it here.
Take a moment and think of the women who inspire you. Make a list. Who are the top 11 women? Would you include a construction worker from Jamaica? How about a midwife in Sudan or a jewelry maker in Costa Rica? What about a student from India or a small business owner in Egypt?
When most of us think about people who inspire us, we consider world leaders, celebrities, or those who’ve changed the course of world history. Or we might think of individuals who have had a significant influence in our lives—our role models or people we strive to emulate. The people who make it to our “inspiration list” are there because we relate to them, regardless if we’re man or woman.
As we celebrate International Women’s Day this week, we present 11 stories of women around the world who’ve made amazing strides to achieve their goals and make long-lasting impacts on the lives of their children, families and communities.
It is July 2012 and cattle farmers in Nicaragua are worried because Guatemala has enacted a series of laws that restrict beef trade. These so-called “non-tariff measures,” or NTMs, require that beef crossing the Guatemalan border meet stricter safety and labeling standards. The Guatemalan government argues that these measures protect the country’s consumers from health hazards. But the Nicaraguan farmers say they hurt business and unfairly shelter Guatemalan producers from competition.
This is just one example of the debates that arise in the food industry in Central America and elsewhere. While it is laudable and good policy for a government to use legitimate, non-trade related legislation to protect its citizens from certain risks, governments can also use these measures to protect domestic industry. Regardless of their intention, in an increasingly globalized, competitive world, non-tariff measures increase the cost of doing business, impact prices, affect the competitiveness of the private sector, and impact the overall welfare of the economy.
Imagine a busy metropolitan avenue crossing the length of Buenos Aires, Argentina, transited daily by buses and trains and lined with a large hospital, medical buildings, schools, shops and businesses.
Now imagine for 27 years this avenue flooding severely 37 times as if it were a river. During a flood, envision people being evacuated in motorboats, cars practically floating downstream, and cars and pedestrians on the bridge above it having to remain stranded there until the waters on the avenue below receded. It sounds implausible doesn’t it? Not for Buenos Aires residents it didn’t. The Juan B. Justo Avenue was such a thoroughfare.
- latin america
- World Water Week
- world bank
- buenos aires
- river maldonado
- Latin America & Caribbean
- Virgin Islands, British
- Venezuela, Republica Bolivariana de
- Trinidad and Tobago
- St. Vincent and the Grenadines
- St. Lucia
- St. Kitts and Nevis
- St. Helena
- El Salvador
- Dominican Republic
- Costa Rica
- Bahamas, The
- Antigua and Barbuda