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Latin America & Caribbean

It’s time for ‘Nutrition Smart Agriculture’

Diego Arias's picture
(C)  Diego Arias / World Bank

Helena Costa, a smallholder from Sao Tome & Principe, has been investing in her family’s small agribusiness for a decade, wanting it to be more productive, more profitable, and produce quality fruits and vegetable products to supply local and export markets.  The quality improvements she’s invested in include food safety practices, shifting to organic production, and planting biofortified crops.  However, these food quality improvements are not yet recognized by the market. So, for Helena, improving the nutritional value of her food products is an extra cost that puts her at a disadvantage in relation to her competitors. 

Debunking three myths about Informality

Jamele Rigolini's picture
The perceived benefits of formalization include better access to credit, justice, large formal clients, and, for the government, higher tax revenues. But according to recent literature, most formalization efforts resulted in modest and short term increases in formality rates.
Photo credit: Peter Kapuscinski / World Bank

Since the concept of the “informal sector” was coined half a century ago, countries all over the world have promoted the formalization of small- and medium-size enterprises. The perceived benefits of formalization include better access to credit, justice, large formal clients, and, for the government, higher tax revenues. But according to recent literature, most formalization efforts resulted in modest and short term increases in formality rates.

My teacher Estela

Valeria Bolla's picture
Photo credit World Bank

When I was 13, my literature teacher Estela asked the class to look at two drawings and write down a story about each one them. I looked at the drawings: one was of a man in a suit and tie who was carrying a suitcase and wearing a watch. The other was of the same man but he had a beard, torn clothes and broken shoes. I wrote the first story about a successful man with an amazing family, the second about a poor, sad man who had no friends. Estela seemed disappointed and asked me if people are defined by their clothes. That day, my teacher spoke about prejudices and I learned something that I won’t forget.

Bank credit allocation in Latin America and the Caribbean

Eva M. Gutiérrez's picture

The recent economic growth performance of the countries in Latin America and the Caribbean (LAC) has been hampered by poor productivity growth. While many factors explain the poor productivity and growth performance in the region, lack of financial development, particularly long-term credit to fund productivity-enhancing investments, is often cited as a problem.

Banking systems are the main providers of long-term financing to the private sector around the world.  Regardless of their size or the income level in their country of origin, to fund

fixed assets, firms obtain most of their financing from banks. Households’ main long-term investment, housing, is also overwhelmingly financed by banks.

Transport and climate change: Putting Argentina’s resilience to the test

Verónica Raffo's picture
Also available in: Spanish


Would you imagine having to evacuate your village by boat because the only road that takes you to your school and brings the goods is flooded?

In February 2018, the fiction became reality for some residents in the province of Salta, northern Argentina, after heavy rains caused the Bermejo and Pilcomayo river to overflow. The flooding resulted in one fatality, required the evacuation of hundreds of residents, and washed a segment of Provincial Route 54, leaving the village of Santa Victoria del Este completely stranded.

Similarly, a segment of National Route 5 in one of the main corridors of Mercosur has been impassable for more than a year because the level of the Picassa lagoon keeps rising due to extreme rainfall and lack of coordination among provinces on how to deal with excess water flows. The expansion of the lagoon is forcing 4,000 vehicles a day to make a 165-km detour, and adds one transit day for the 1,560 freight trains running every year between Buenos Aires and Mendoza. The flooding is dragging the economy behind and inflating already high logistics costs.

As a matter of fact, a recent World Bank study put the cost of damages and disruptions like these at an estimated 0.34% of GDP a year for riverine flooding, plus 0.32% of the GDP for urban flooding.

To address these risks, Argentina’s Ministry of Transport started a dialogue with the World Bank to explore ways of reducing the vulnerability of the network.

Three key factors for boosting the productivity of Latin American and Caribbean cities

Ede Ijjasz-Vasquez's picture
In this video, learn the key opportunities to make Latin American and Caribbean cities more productive

Some solutions for improving pedestrian safety

Irene Portabales González's picture
Also available in: Spanish
Road with independent space for pedestrians, cyclists and cars in San Isidro. Photo: World Bank
We all have an intuitive sense that pedestrians are particularly vulnerable to road traffic crashes. After all, there is only so much the human body can take. At 30 km per hour, a pedestrian has a 90% chance to survive an impact. But if a vehicle hits you at 50 km/h while you’re walking down the street, that collision will have the same impact a falling from the fourth floor of a building.

Data from the World Health Organization (WHO) confirms that road crashes do indeed take a serious toll on pedestrians. In 2013, more than 270,000 pedestrians lost their lives globally, representing almost 1/5 of the total number of deaths.

In the United States, numbers from Insurance Institute for Highway Safety reveal a 46% increase in the number of pedestrians dying on the road, largely due to the expansion of rapid arterial roads in urban and suburban areas.

In Peru, where we’re based traffic crashes data pertaining to pedestrians are just as startling. According to the Ministry of Health, almost half of pedestrians involved in a collision sustain multiple injuries, and 22% of them suffer from trauma to the head. The chances of a fatal outcome or other serious consequences are very high.

Maternal Depression and Stunted Children: An Avoidable Reality

Patricio V. Marquez's picture



Accumulated scientific evidence shows that proper nutrition and stimulation in utero and during early childhood benefit physical and mental well-being later in life and contribute to the development of children’s cognitive and socioemotional skills.  Yet, a critical but often overlooked fact in policy design and program development across the world is the association between maternal depression and childhood stunting -- the impaired growth and development measured by low height-for-age.

One Year After the Storms: Five Ideas for Building Back Stronger in the Caribbean

Tahseen Sayed's picture
The Caribbean on the road to resilience

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