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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
 

Tame macroeconomic volatility to boost growth and reduce hardship in the Caribbean

Francisco G. Carneiro's picture
Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces which shape an economy. Think investment, government spending, interest rates, foreign trade and the like.

There are three key questions to analyze: how do these forces interact, what is their effect on overall growth, and what policies are best to follow? All this is of more than academic interest: macroeconomic volatility can bring substantial hardships to millions of people

Colombia’s time has come

Gerardo Corrochano's picture
Also available in: Español

(istock/Daniel Ernst)

In 2016, Colombia has the opportunity to make history. After more than three years of negotiations, the country is very close to achieving an “Agreement to terminate the conflict and build stable, lasting peace,” which will put an end to the internal armed and social conflict which has lasted for over 50 years, the longest in Latin America.
 

They Fled Conflict, Now They Get Their Land Back. And Their Lives.

Also available in: Español


For those working on land management issues within the conflict context, there is a success story that I think is truly worth sharing. This is the story of Colombia, and how technical expertise combined with political momentum led to a truly unique policy that is positively affecting lives.  

Restoring livelihoods after conflict - social mapping helps return land in Colombia

Ivonne Astrid Moreno Horta's picture
Also available in: Español

I will never forget the day in 2003 as I stood in Cajamarca, a beautiful city nestled within the Andes Mountains of Colombia, looking at the tired faces of families who had been forcibly displaced from their land by conflict. What previously I had only seen from figures and tables, was now presented before me in all its human form.
 

Jamaican youth: taking on gender stereotypes to address sexual violence

Jonna Lundwall's picture


In Jamaica, widespread violence constitutes a serious development challenge that affects men and women across generations. Young men and women are particularly at risk of experiencing violence, albeit in different forms and for different reasons
.

For young women, sexual violence is a particular concern: 12% of women report having been forced to have sexual intercourse at some point in their lives, and nearly half of Jamaican women report that their first sexual intercourse was coerced in some way, e.g. through violence, threats, verbal insistence, deception, cultural expectations or economic circumstance (see Jamaica Reproductive Health Survey 2008-2009 for additional data)  In line with global trends, Jamaican women who are sexually assaulted are likely to know their aggressors; 85% of young women who experienced forced first sexual relations reported that the perpetrator was a boyfriend. 

Like their victims, perpetrators of sexual violence are also young. Official crime statistics show that 57% of perpetrators arrested for rape in 2007 were young males between 16 and 30 years of age, with the highest rates among 16-20 year olds. Similarly, the largest share of persons arrested for other forms of sexual violence in 2007 were males between 16 and 25 years. 

How can we explain the high incidence of sexual violence among Jamaican youth?

Through the World Bank’s NextGENDERation Initiative, we have sought to understand whether and how social and gender norms shape youth decision-making and behaviors relating to violence.  By listening to young people through focus groups, social media outreach as well as school and community-based engagements, our team has been able to gain more insight into the drivers and triggers of sexual violence among youth, and to provide them with a space to think critically about how gender roles and stereotypes affect their attitudes and actions with regard to dating, relationships and sex. 

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