Rio + 20, Latin America and the World Bank
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Latin America will attend the Rio+20 conferences safe in the knowledge that they have done a good job over the past few years, but with the shared international need to keep pushing for environmental policies which will help create a more sustainable world.
The region is home to examples of world-class innovative projects, but also faces far-reaching challenges for the future in terms of green growth. The decisions that we take today will shape development for the next 20 or 30 years, according to this video blog from Ede Ijjasz-Vasquez, Director for Sustainable Development for Latin America and the Caribbean.



Containers spend, on average, several weeks in ports in Africa. In fact, over 50% of total land transport time from port to hinterland cities in landlocked countries is spent in ports.
Back in the mid-1980s,
There is growing optimism in the development community that the dawn of the “African Century” may be upon us. The reasons for this optimism are real. Over the last decade, six of the world's 10 fastest-growing economies were in Africa, and substantial political and social progress has been achieved.
On June 5, the World Bank will host
Africa’s infrastructure deficit is no secret. Several recent studies by the World Bank and others have confirmed that across the continent, roads are inadequate, railways in poor condition and waterways limited. While the problems are most obvious at the national level, they are more acute along routes connecting countries. Lack of resources contributes to the patchy state of infrastructure connectivity between African countries. But it is not the only hurdle. A key question is: given limited resources, how should infrastructure be planned, prioritized and financed?
Africa’s infrastructure deficit is no secret. Several recent studies by the World Bank and others have confirmed that across the continent, roads are inadequate, railways in poor condition and waterways limited. While the problems are most obvious at the national level, they are more acute along routes connecting countries. Lack of resources contributes to the patchy state of infrastructure connectivity between African countries. But it is not the only hurdle. A key question is: given limited resources, how should infrastructure be planned, prioritized and financed?
One of Asia’s fastest growing economies in the last 40 years, South Korea, has emerged as a manufacturing powerhouse that has virtually eliminated poverty. Its resilient economy survived the 2008–2009 financial crises better than almost any other country, but it is far from complacent. Korea spends a bigger percentage of GDP on research and development than Germany, the UK and the US.
Most people seem to think that intra-African trade could be substantially larger than it currently is. This would explain the recent statement of the heads of the African Union to “boost” intra-African trade substantially and to create an Africa-wide Free Trade Area by 2017.
Optimism about Africa’s future is no longer scarce. The continent’s growth has been exemplary in recent years. Yet it is just as easy to find signs of distrust in the global economy.