Photo: Douglas Pfeiffer Cardoso | Flickr Creative Commons
Public-private partnerships (PPPs) in Brazil have been around since 2004 when federal legislation established the legal framework to make them possible. Since then, approximately 100 PPP contracts have been signed in Brazil, totaling almost 160 billion Brazilian reais ($50 billion) in private investment in numerous sectors, including hospitals, schools, public lighting, sanitation, solid waste management, sport arenas, public buildings, urban transport, and roads. Some notable successes include the Belo Horizonte schools PPP, which supports non-pedagogical services in 51 schools, and the 298-bed Bahia Subúrbio Hospital, which opened in 2010.
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Yunus owns a fabric store in Blantyre, Malawi. The store was founded by his grandfather, who immigrated to Malawi in 1927, and has now been in his family for three generations. Business is good, Yunus said, but that the cost of essential services like electricity and water has gone up since his grandfather and father owned the store. Even so, he remains optimistic.
Marija Bosheva is a student at an agriculture and forestry vocational high school in Kavadarci, Macedonia. Like many high school students around the world, she takes daily lessons in history, math, biology, and chemistry. However, unlike many of her peers, she is also studying oenology — the art of making wine.
Are you carrying on a family tradition, like Yunus? Do you work or study in an entirely new field that didn’t exist when your parents were your age? Are you in the same position vis a vis your peers as your parents were vis a vis theirs?
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The 8th World Water Forum was held in Brazil a few days ago. What's ironic is that the more than nine thousand of us attending this Forum were discussing water-related issues in a city of three million grappling with a severe water shortage. After checking in at my hotel, the first thing I found in my room was a notice from the Government informing guests of this crisis and recommending ways to reduce water use. We recently learned of the predicament in Cape Town, South Africa, which was on the verge of running out of this essential liquid—a plight facing many cities around the world.
Through the confidence he gained from competitive sport, he has made his name as a radio presenter and a key leader in the development blind cricket and other sports for persons with disabilities in Guyana.
The disadvantages young women face in the labor market and in entrepreneurship in developing countries are not only substantial and complex, but they quickly compound. A plethora of forces drive gender disparities in youth employment: lack of opportunities to develop the skills demanded by the labor market, family or social pressure dissuading them from entering desirable jobs or male-dominated sectors, a detrimental work environment, or a lack of available services such as childcare might make achieving success an uphill battle. Yet innovative youth employment programs can respond to gender issues. Below are three examples presented in a recent virtual workshop held by the Solutions for Youth Employment (S4YE) coalition with members of its Impact Portfolio community.
Four years ago, Juan Angel Sandoval, a resident of Barrio Buenos Aires in the Honduran municipality of Siguatepeque, received water at home only three times a week. His was not an isolated reality. Most of his neighbors, were in the same situation. "It was annoying because the water was not enough," says Juan Angel.
Photo: Grzegorz Zdanowski / Pexels Creative Commons
Some regard institutional investors—with their deep pockets—as the white knights filling the huge investment gaps in infrastructure development in emerging markets and developing economies (EMDEs). The IMF estimates that some 100 trillion dollars are held by pension funds, sovereign wealth funds, mutual funds, and other institutional investors. Unquestionably, the long-term nature of their liabilities matches the long-term financing requirements of infrastructure projects. So, it’s no surprise that institutional investors are seen as the white knights of infrastructure finance.