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Latin America & Caribbean

“What Haiti taught us all”

Priscilla M. Phelps's picture

The January 2010 Haiti earthquake killed many thousands and caused damage and losses estimated at US$7.8 billion, more than US$3 billion of which was in the housing sector alone.

What might surprise those who have heard only anecdotal accounts of the shortcomings of the Haiti response is that some exemplary practices that emerged from that event have already been redeployed in other disaster responses.

Is higher education always a good investment?

Sergio Urzúa's picture

Higher education is more popular than ever in Latin America and the Caribbean (LAC), where gross enrollment rates have risen dramatically , according to World Bank estimates. But are these higher education students getting their money’s worth in terms of better jobs and higher incomes? To investigate this, we carried out an empirical study of two countries: Columbia and Chile. Our findings suggest that investing in higher education isn’t always profitable.

Protestor carrying banner: "We demand quality education and they give us classes on line,"  Valparaiso, Chile, August 25, 2011. Photo: Flickr @ san_dia (Sandra Marín)

Future Development Forecasts 2015

Shanta Devarajan's picture

Despite their mixed record last year, Future Development's bloggers once again offer their predictions for 2015.  Eight themes emerge.
 
1. Global growth and trade. The US economy will strengthen far above predictions. Together with lower oil prices and a better business climate in emerging markets, this will create substantial positive spill-overs, including to the smaller export-oriented Asian economies, boosting the growth of their manufactured exports well above recent trends. The US will look to open new free trade agreements in Asia—India may try to join—and seek opportunities to do the same in Africa. Meanwhile, Germany will face increasing resistance to the free-trade agreement with America (TTIP), just as Angela Merkel celebrates her 10th year in office.

Voices of Haiti

Isabelle Schaefer's picture
Five years after a devastating earthquake hit Haiti’s capital and nearby towns on January 12, 2010, killing up to 230,000 people, the country continues to rebuild and the Haitian people show signs of resilience despite the current political uncertainty. Almost everyone has a story to tell.
 

Top World Bank EduTech blog posts of 2014

Michael Trucano's picture
by my calculations ... it's time for another annual round-up!
by my calculations ... it's time for another annual round-up!

Since 2009, the World Bank's EduTech blog has attempted to "explore issues related to the use of information and communications technologies (ICTs) to benefit education in developing countries".

While the 30+ posts in 2014 spanned a wide range of topics, a few themes emerged again and again. The emerging relevance and use of mobile phones (in various ways and to various ends) in the education sector continued to be a regular area of discussion, as were efforts to collect (more, better) data to help us understand what is actually happening around the world related to technology use in education, with a specific interest in circumstances and contexts found in middle and low income 'developing' countries.

While technology use is typically considered a characteristic of more 'advanced' countries and education systems, the EduTech blog deliberately sought in 2014 to complicate this belief and bias a bit by looking at efforts specifically meant to be relevant (and which were in some cases indigenous) to some of the 'least advanced' places in the world.

Before getting on to this year's 'top ten' list, a few reminders (which might be familiar to some of you who have read the earlier annual EduTech blog round-ups: I've copied some of this verbatim):

  • Posts on the EduTech blog are not meant to be exhaustive in their consideration of a given topic, but rather to point to interesting developments and pose some related questions that might be of interest.
  • These blog posts should not be mistaken for peer-reviewed research or World Bank policy papers (although some of the content may later find its way into such publications). The views expressed on the EduTech blog are those of the author(s) alone, and not those of the World Bank. (In other words: Blame the guy who wrote them, and not his bosses or institution, for anything you find inaccurate or disagreeable here.)
  • The blog itself is animated by a belief that, by 'thinking aloud in public', we can try (in an admittedly very modest but hopefully useful way) to open up conversations about various themes to wider audiences, sharing emerging thinking and discussions on topics that often have been, and regrettably often remain, discussed largely 'behind closed doors' within small circles of people and institutions.

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OK, now on to the ...

Building on Central America’s Strengths

Oscar Calvo's picture



Soon will be January 1, 2015. Most of us will make New Year’s resolutions and most of us will fail to keep them. Keeping New Year’s resolutions is hard. But it turns out that we are much more likely to make good on our resolutions if we decide to build upon our strengths rather than focus on fixing what’s wrong. This insight is all the more important if we combine it with the intriguing view that it is the depth of our strengths, not the absence of weaknesses, which makes us successful. People are successful not because they are perfect but because they have deep strengths. What if this was also the case for countries?

With this in mind I turn my attention to some of the strengths of El Salvador, Guatemala, and Honduras, three countries that have recently put together their Plan of the Alliance for Prosperity in the Northern Triangle.” The Plan is in part a response to the well-known security challenges facing those countries and the challenges posed by the surge in unaccompanied migrant children but it is also an opportunity to focus on the strengths of the Northern Triangle of Central America and how to develop them even further. And when one goes beyond the headlines one discovers a variety of success stories.

#BestOf2014: Six Popular Environmental Stories You Shouldn’t Miss

Andy Shuai Liu's picture
As we get ready to kick off the new year, let’s recount the voices and stories about how we can enhance the way we interact with our planet. From Ethiopia to Indonesia, we’ve seen our efforts improve lives and help incomes grow as countries and communities strive for greener landscapes, healthier oceans and cleaner air.
 
Take a look back at some of the most popular stories you may have missed in 2014:
 
1. Raising More Fish to Meet Rising DemandPhoto by Nathan Jones via Flickr CC BY-NC 2.0

Aquaculture is on the rise to help feed a growing population. New #Fish2030 report: http://t.co/0fbH4fLDJO http://t.co/Lm5eHsGZaR

— World Bank (@WorldBank) February 6, 2014

The Decline in Oil Prices: An Opportunity

Ivailo Izvorski's picture

A decade of elevated oil prices brought prosperity to many developing countries. Incomes rose, poverty shrank, macroeconomic buffers were rebuilt. The fiscal space for investing more in education and infrastructure increased, resulting in better sharing of prosperity. At the same time, higher commodity prices and surging global demand resulted in much more concentrated exports in all developing oil-rich countries. "Diversifying exports" became a priority for policy makers and development economists around the world. Historical experience and evidence to the contrary from successful resource rich countries notwithstanding, many widely believe that a more diversified export structure should be an important national goal and may well be a synonym for development, a goal that government can target and achieve.  And a more diversified export structure typically meant a smaller share of commodity exports in total shipments abroad or a reduced concentration – as measured by the Herfindahl-Hirschmann index – of exports.

How Well did We Forecast 2014?

Shanta Devarajan's picture

A year ago, we polled Future Development bloggers for predictions on the coming year (2014).  Looking back, we find that many unforeseen (and possibly unforeseeable) events had major economic impact. 

We missed the developments in Ukraine and Russia, the spread of the Islamic State in Iraq, the outbreak of Ebola in West Africa, the collapse in oil prices and their attendant effects on economic growth.  At the same time, we picked the winner of the soccer World Cup, and got many of the technology trends right. Perhaps economists are better at predicting non-economic events.

Here’s the scorecard on the seven predictions made:
 

All About My Age

Wolfgang Fengler's picture

And Why I’m Much Older than I Thought I was
 
When my kids became teenagers I began to feel old: I saw myself as fit, healthy and (relatively) young but they, clearly, didn’t and it began to be un-cool to be around them. I’m now in my 40s in a world that is growing older and older (the global life expectancy is now at 72) … so what’s the big deal?

I may be young in absolute terms but definitely not in relative ones! If you’re my age – 43 years – there are 5.1 billion (in a world of almost 7.3 billion) youngsters for whom that’s old. Seen otherwise, you are part of the world's 30 percent oldest people! It was a long time ago that I was in the middle of the global age distribution: today the “median human” is only 29 years old.


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