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For rural communities, good roads mean the world

Maria Margarita Nunez's picture
Also available in: Español

Coffee beans in the hands of a Peruvian farmer.

On a Friday evening last November, twelve mayors from nearby districts gathered at the municipal office building in Tarapoto, Peru. Even though the rainy season was just ramping-up in this lush tropical area of the country, local roads were already being washed away. These mayors were eagerly planning for the local Provincial Road Institute to use their tractors to protect their roads to counter the negative effects of the rain.
One of them cried out, “How will my people bring grapes and coffee to local markets without good roads? Our products are going to rot and my people are going to suffer.”

How avocados are changing the way of life of Peruvian farmers

Maria Margarita Nunez's picture
Also available in: Español
Recently planted avocado trees in the Alto Laran district, in Peru.
Recently planted avocado trees in the Alto Laran district, in Peru.

A five hours’ drive south of Lima lays the coastal provinces of Chincha. If one heads inland into the deserted mountains that are typical of costal Peru, one would be surprised to find agriculture blanketing the valley floor. For centuries local communities in these rugged terrains have been using water from small meandering streams to grow maize, and eke out a living by selling surpluses at nearby markets. However, in recent years the growth of industrial agriculture has squeezed these communities, making it hard for them to survive in these ancestral lands, forcing many of them to move to nearby cities such as Chincha Alta.

In Central America, the youth take action against a future of violence

Jessica Gallegos's picture
Also available in: Español
YAV-meeting

"I became tired of loosing my friends to violent acts involving firearms, and seeing how the young the potential of my generation is lost in prisons and cemeteries." These are the words of Angel Bolivar Araya Castillo, the Coordinator of Youth Against Violence (YAV) Movement in Costa Rica. I had the privilege of meeting Angel this spring when he and six youth representatives from the YAV movement came to the World Bank to talk about the importance of youth participation in violence prevention.

Low Growth as a Threat to Latin America’s Social Gains

Augusto de la Torre's picture
Also available in: Español

For almost a decade, the large emerging market economies, including several countries in Latin America and the Caribbean (LAC), have been regarded by analysts and investors as new engines of growth. The enthusiasm was further sparked when, after a short pause in 2009, emerging economies actually led the economic recovery in the world. A new story line seemed to dominate, that emerging market economies had finally arrived.

Compacts for Equality: Towards a Sustainable Future

Alicia Bárcena's picture
Also available in: Español
In every forum where the future of Latin America and the Caribbean is analyzed, the same question in different forms is often heard: how can the region sustain and expand on the important economic and social achievements made in recent decades in a context of deceleration and high global volatility, such as the current one?

How to Take Control of your Personal Finances

Rekha Reddy's picture
Also available in: Español


​Many of our aspirations revolve around improving our personal finances—keeping better track of spending, saving towards a goal or perhaps getting out of debt.  How can we work towards these goals and follow through on these changes? 

Latin America and the Caribbean: Back to Normal?

José Juan Ruiz Gómez's picture
Also available in: Español


The ritual publication by the leading multilateral organizations, think tanks and investment banks on the macroeconomic outlook for Latin America and the Caribbean which, without being too dramatic, puts an end to the era of growth rates above the region’s potential, has inevitably attracted the interest of policymakers, investors and the public in general.

The Return of Slow Economic Growth

José Antonio Ocampo's picture
Also available in: Español



The slow economic growth in 2013 and an equally discouraging forecast for 2014 will mark three years of unsatisfactory economic performance in Latin America. The truth, however, is that these results have confirmed performance that has been mediocre since the market reforms. Between 1990 and 2013, GDP growth was just 3.3% per year, which compares very unfavorably with the rate of 5.5% achieved between 1950 and 1980, during the State-led industrialization era.

The Revolution of Expectations

Eduardo Lora's picture
Also available in: Español
Due to higher income per capita and some income distribution improvement during the present century, the share of Latin Americans with enough purchasing power to buy goods and services beyond the basic subsistence basket has grown considerably.

However, large numbers of the new middle classes are economically vulnerable and lack the human capital necessary to keep ascending in the social ladder. Their expectations of higher income and more economic stability often have gone ahead of their actual conditions.

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