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September 2015

#Youthbiz: Thousands of Young Entrepreneurs Discuss Innovation, Growth and Jobs Creation with World Economic Leaders

Luis Viguria's picture
Also available in: Español

Young entrepreneurs from Latin America

Thousands of young entrepreneurs from 43 countries across the world took part in a series of online and onsite dialogues as part of the Road to Lima 2015 activities. The inclusion of youth in such an important process was possible thanks to the World Bank Group and the Young Americas Business Trust (YABT).

Cooperation, the key for climate action in Latin America and the Caribbean

Pablo Benitez's picture
Also available in: Español
Vista del Chacaltaya, un nevado de Bolivia donde la nieve ha desaparecido.
View from Chacaltaya, a formally snow-covered peak where the snow has disappeared.

Mountain climbers and skiers are witness to major changes in the Andean landscape over the past few decades. The main snow-covered peaks of the Andes have already lost between 30% and 50% of their glaciers. Climate models predict that this massive loss will continue in the coming decades as a result of global warming.

What are we talking about when we talk about “subnational” governments?

Arturo Herrera Gutierrez's picture


Municipality of Guatapé in Colombia. Photo - Adrienne Hathaway / World Bank

Over the last 25 years, the relevance of local governments (states, provinces, municipalities, etc.) in Latin America has been constantly increasing. The process started with a wave of decentralization, particularly in the education and health sectors, followed by the increasing of other responsibilities of local governments (with the accompanying budget!), and most recently topped off by the allocation of additional investment resources fueled by the commodities boom of the mid-2000s. Currently, in some countries, half of the national budget is now allocated to lower levels of governments.