In identifying binding constraints to growth of member-countries, the IDB and many other multilateral banks have adopted the Hausmann-Rodrick-Velasco methodology. In principle the methodology is relatively straightforward: by looking at all the possible constraints to private investment--the main driver of growth of a country--in comparison to … [Read more...] about Let’s Change the Policy Dialogue in the Caribbean to One about Productivity Drivers that can be Measured
Skills Needed: Training Young People for Real Jobs
Many times, we hear the saying: “youth are the future”. They certainly are… but what type of future can we offer to the 22 million youth who are currently out of school and out of work in Latin America and the Caribbean? Even though many young people have studied hard and received some kind of job training, they do not always find a good job. … [Read more...] about Skills Needed: Training Young People for Real Jobs
In Bogotá, fear does not match the numbers
by Guest blogger, Pablo Bachelet and Martín Ardanaz Photo courtesy of Wikimedia Commons, Author, Tequendamia For the majority of people in Latin America and the Caribbean, perceptions of crime are in line with the sad reality of a region lashed by high rates of robberies and homicides. But in Bogotá, there's a paradox. On the one hand, the city has seen … [Read more...] about In Bogotá, fear does not match the numbers
Trinidad and Tobago dazzled us with their innovative potential
by Alejandra Luzardo For 3 days, 130 entrepreneurs met in Port of Spain to present and develop their disruptive proposals to deal with the challenges faced by the country and the region. A panel of judges selected the best projects from those presented. … [Read more...] about Trinidad and Tobago dazzled us with their innovative potential
Rural energy supply to increase economic opportunities for all
The IDB’s loan, “Support to improve sustainability of the electric sector”, aims to contribute to the sustainability of the power sector by strengthening the operational procedures and corporate performance of Energie Bedrijven Suriname (EBS), and by improving the sustainability of rural electricity supply. … [Read more...] about Rural energy supply to increase economic opportunities for all