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Latin America & Caribbean

Ecuador: Recovering Hope

Indu John-Abraham's picture
Also available in: Español
 Paul Salazar / World Bank
The Park of La Merced, in Caraquez Bay, Ecuador, become a temporary shelter for dozens of families who have lost their homes. Photo: Paul Salazar / World Bank

From the moment the earthquake happened, I was anxious to go to the coastal areas that were most affected.  Possibly because of my past life working for a relief agency, where emergencies were an immediate call to action to help those who were, and are, facing so much loss – loss of family and friends, of homes, of livelihoods, of a sense of peace and security.  But also a sense of uncertainty to be faced with such loss –to look beyond the tragedy to find the hope.  While at the same time, managing the risks for my colleagues and myself of possibly facing another strong replica that might leave us among the disaster. 

Latin America: Is There Hope for Prosperity After the Commodity Price Boom?

Katia Vostroknutova's picture

This blog was previously published in The World Post.

Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average growth meant at least double the economic activity that we are seeing today. 

What’s the connection between financial development, volatility, and growth?

Francisco G. Carneiro's picture
Understanding macroeconomic volatility part 3
Read parts 1 & 2


There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth, particularly so in less developed countries, as the charts below demonstrate
 

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