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Latin America: Most still keep their money under the mattress

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money under the mattress


Handing out a debit card or a 10 dollar bill to the fast-food franchise attendant is probably as natural to most people as buying their lunch every day. Many don't see this as a separate process but as an intrinsic part of the whole "getting lunch" deal.


This, however, doesn't hold true for 250 million people in Latin America and the Caribbean. Over 60 percent of Latin Americans adults are still unbanked and, as a consequence, unable to access plastic, checks, credit or other forms of banking tools that make life easy –and, in some cases, help achieve life goals such as buying a home or saving for retirement.

Jamaica: Jamming about jobs for young people

 Young Jamaicans discovering opportunities on the Web. Photo: @digitaljam2 

Talk about a new kind of jamming in Jamaica. Reggae, dancehall, ska step aside. Thousands of Jamaican youth are expected to jam to jobs, jobs and more jobs when they get together at the end of the month for Digital Jam 2.0, a virtual job fair with global accents.

Digital Jam 2.0, the future of work is online, brings together Jamaica’s youth population with national and international investors as well as young start ups and established companies, at a time when the country’s unemployment hovers around 31 percent, with young Jamaicans bearing the brunt of this crisis. 

Aider les jeunes haïtiennes à décrocher leur premier emploi et sortir de la vulnérabilité

Also available in English and Spanish

Edelene et d'autres jeunes femmes partagent leurs espoirs d'une vie meilleure

« Est-ce qu’être maçon, conduire des engins lourds ou être électricien sont des métiers qui doivent obligatoirement fait par des hommes ? Non, moi aussi je veux pouvoir exercer ces métiers »

La jeune femme qui s’exprime ainsi, c’est Edelène. Elle a 17 ans, elle a quitté l’école en 3eme parce que sa famille ne pouvait plus payer les frais de scolarité. Avec l’aide de sa mère, elle élève son jeune fils d’un an. Nous l’avons rencontrée lors de notre visite à l’association APROSIFA de Carrefour-Feuille dans la banlieue de Port-au-Prince.

 

Helping young Haitian women land their first job and get out of vulnerability

Disponible également en français et espagnol

Edelene and other young women sharing their hopes for their country

“Should only men be allowed to be builders, heavy machinery drivers, or electricians? No—I want to be able to do these jobs too.” The young woman expressing this opinion is Edelène. She is 17 years old and dropped out of school in the third grade because her family could no longer afford to pay her school fees.

With her mother’s assistance, she is raising her one-year old son. We met her during our visit to the APROSIFA Carrefour-Feuille association in the suburbs of Port-au-Prince. Surrounded by roughly ten other young women from her neighborhood, Edelène shares her hopes for the future.

De América Latina para el mundo: lecciones en austeridad, crecimiento y reformas

Also available in English

'Made in Latin America'. ¿No sería esta una etiqueta genial? — una que gradualmente dejaría de asociarse a algún imaginario producto latinoamericano hasta convertirse en un verdadero sello de aprobación para muchos de los esfuerzos y logros de la región.

Me encuentro en Miami para la Séptima Conferencia Anual Latinoamericana para hablarle de las perspectivas regionales a los responsables de tomar decisiones, y creo que esta idea no se me podría haber ocurrido en un mejor lugar —'Mi-a-mi', reflexiono, el crisol económico y social de América Latina, muchas veces considerada la capital de negocios de la región.

Latin America to the world: lessons learned on austerity, growth, reforms

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Made in Latin America

'Made in Latin America'. Wouldn't that be a great label? --one that would slowly work its way out of the realm of some imaginary Latin American products to become a real seal of approval for many endeavors and accomplishments by the region.

I'm in Miami for the Seventh Annual Latin America Conference to talk about the region's prospects to decision makers, and I can't think of a better place to come up with such label --'My-ami', I muse, the Latin American economic and social melting pot that has been called many times the region's business capital.

Brasil: Redefinindo o reassentamento para enfrentar os desafios urbanos

Pelourinho, Salvador de Bahia

Não é segredo que o Brasil está passando por uma espécie de “renascimento”. Após décadas de grandes dificuldades econômicas marcadas pelo estigma de uma profunda desigualdade e exclusão social, o País emergiu como uma potência econômica regional e global .


No entanto, a sustentabilidade dessa dinâmica demanda e continuará a demandar investimentos substanciais em infraestrutura. Este aspecto é particularmente verdadeiro nos espaços urbanos brasileiros – especialmente nas megacidades e em um crescente número de áreas metropolitanas e distritos menores, porém importantes – onde vive mais de 80% da população do país. 


Brazil: Redefining 'resettlement' to meet urban challenges

Pelourinho, Salvador de Bahia

It is no secret Brazil is undergoing a “renaissance” of sorts. After decades of rough economic times marred by the stigma of deep inequity and social exclusion, Brazil has emerged as an economic powerhouse in the region and globally.

Sustaining such momentum, however, demands and will continue to demand substantial investments in infrastructure. This is particularly true in Brazil’s urban spaces –especially the megacities and a growing number of smaller but important cities and towns-- where more than 80 percent of the country’s population lives.

Can global headwinds slow down Mexico’s economy?

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Uncertainty surrounding the global economy remains high. Despite relative calm in the markets, several black clouds are on the global economic horizon in 2012, with potentially serious consequences for Mexico, depending on how complicated the global situation becomes.

Business: A welcomed new partner in citizen security

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In stark contrast to a few years back, Latin Americans are deeply worried these days with a rising wave of crime and violence that is causing a huge loss of life and resources –and making people rethink the role of public and private sectors in fighting this scourge.

In debates across public fora and on social media platforms Latin Americans are more tolerant of the idea of private-public partnerships to fight crime.