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February 2012

Doubling down on early childhood development in Latin America and the Caribbean

Keith Hansen's picture

También disponible en Español

Centro Aeiotú, Bogotá. / Foto: Yanina Budkin

Two years after the World Bank joined forces with Shakira and ALAS to create the Early Childhood Initiative, a happy second birthday for the program will mean millions of happier birthdays for children throughout the region.

About 5 million children and their mothers are already enjoying the benefits of this initiative which has seen investments of $400 million—more than double what we expected by this stage, and $100 million more than the total forecast for the program overall.

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Africa: In search of the Brazilian economic miracle

Susana Carrillo's picture

También disponible en español
 

África: en busca del milagro económico brasileño

 
During the second half of 2011, relations between Africa and Brazil continued to flourish as part of the historic trade, cultural and economic rapprochement of the two economic juggernauts. Specifically, African governments asked for more financing from the South American country to implement development projects, according to Brazil’s National Bank of Economic and Social Development (BNDES).

Key reasons for intensifying this relationship include the fact that Brazil is now the world’s sixth-largest economy (after China, the United States, France, Germany and Japan) and that it has become a major player in South-South cooperation.