Please forward this error screen to pluto. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a how To Invest In Other Countries global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth.
Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. The region seems to have turned the corner: after six years of slowdown, it is growing again. However, the years of economic stagnation have halted social progress, and the region needs to spur the economic recovery and find new engines of growth to reduce poverty and boost prosperity further. The World Bank is supporting faster and more equitable growth in the region to buttress the profound social transformation seen during the first decade of the 21st century, when the commodity boom fueled an expansion that helped cut poverty rates by half. Between 2003 and 2016, the share of the population living in extreme poverty in the region fell from 24. Since then, however, the pace of poverty reduction and growth of the middle class has stalled. The region’s main challenges include boosting investment, promote better savings and exports and fostering private sector development. Countries need to address external and fiscal imbalances, strengthen regional economic integration to become more competitive globally, and avoid unduly sacrificing investment in the adjustment process. However, growth alone won’t be enough to continue recent social gains and the reduction of LAC’s persistent inequality.
To do so, the region needs to invest in people, particularly the poor. LAC continues to underperform in education: around one out of every three youth doesn’t finish high school. Investment in education quality will play an important role in allowing the poor to contribute to and benefit from future economic growth. Latin America and the Caribbean is extremely exposed and vulnerable to many natural disasters, such as earthquakes, floods that can ravage entire regions, and hurricanes that devastate Caribbean states. The region is among the most vulnerable due to high population density in the areas where these disasters strike and the need for better risk management practices. Fortunately, we are getting better at understanding and managing these risks. We also serve as a powerhouse of global ideas and experience and a meeting ground for key players to facilitate development solutions tailored to each country’s needs.
Investing in Human Capital: Improving the quality of education is fundamental to developing the skills demanded by the global marketplace. LAC has experienced a historic expansion in access to higher education, but much remains to be done in terms of quality and efficiency. Only half of those who enter these programs end up graduating on time. Inequality persists in both access and opportunities. Protecting the vulnerable: Latin America underwent a profound transformation over the past 15 years. 90 a day fell from 4. However, inequality still abounds, and many remain at risk.
Inclusive growth: The World Bank is working closely with countries to address fiscal and external imbalances, strengthen infrastructure services, and foster private sector development, innovation and jobs. From a macroeconomic point of view, the need to reduce fiscal deficits and rebuild buffers are the main challenges faced by the region. 180 billion per year investment gap. Improving governance: Through finance and high-level knowledge exchanges, the Bank is working to foster more effective and transparent governance to improve services and support an integrated response to social challenges like growing crime and violence. Managing risks: Despite the big social gains of recent years, nearly 4 out of 10 households in the region are just one disaster away from falling back into poverty. It is often the poorest that suffer the most from these shocks, which are frequently followed by lower employment and consumption. The priorities in the region centered on supporting inclusive growth through higher productivity and competitiveness, with an emphasis on investing in education, health, and other aspects of human capital. It also invested in infrastructure and worked to improve countries’ abilities to manage and withstand shocks—such as natural disasters, economic upheaval, and crime and violence— while promoting greater transparency and accountability.
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About one in four Latin Americans self – growth alone won’t be enough to continue recent social gains and the reduction of LAC’s persistent inequality. In Benin Republic, it is no coincidence that most wealthy people invest in the stock market. You don’t want to buy stocks on margin; owned telecommunications provider and hold an auction for a fourth industry operator in 2018.
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