When war broke out between Russia and Ukraine at the end of February, businesses and governments in Latin America and the Caribbean worried that the war's disruptions would cause significant harm to the region's trade. What now seems clear is that rather than being deeply harmed, Latin America and the Caribbean has a significant opportunity to step in, relieve supply … [Read more...] about Boosting Trade to Alleviate Pressures from the Russia-Ukraine Conflict
#COVID-19
From Pandemic to Inflation and War: Challenges for Policymakers in Latin America and the Caribbean
After a robust economic recovery last year from the lows of the pandemic, Latin America and the Caribbean faces strong headwinds from potential new coronavirus variants, inflation-fighting efforts in advanced economies, and the war between Russia and Ukraine that could depress world growth and even push the region into recession by 2023. Riding a wave of strong growth … [Read more...] about From Pandemic to Inflation and War: Challenges for Policymakers in Latin America and the Caribbean
What the Pandemic Revealed about the Role of Trust in Public Sector Performance
As the COVID-19 pandemic struck, public sector employees were on the front line, crucial to policies to limit the contagion and alleviate its economic effects. Collaboration—and hence trust—was essential. Whether working in public health agencies or in communications roles, public sector employees had to work together to implement decisions made at the political level. They had … [Read more...] about What the Pandemic Revealed about the Role of Trust in Public Sector Performance
Productivity Growth at the Sectoral Level and the Road to Recovery from COVID-19
The COVID-19 pandemic has inflicted one the largest and most intricate economic disruptions in modern history. Latin America and the Caribbean, with 8% of the world's population but more than 25% of its deaths, was particularly hard hit, and unfortunately, the war against the virus is far from over. Even before the health crisis subsides, however, much work needs to be done. … [Read more...] about Productivity Growth at the Sectoral Level and the Road to Recovery from COVID-19
COVID-19 and the Rise of Telemedicine
Telemedicine—the delivery of medical services through electronic means of communication—is potentially transformative, mitigating transportation problems, bringing care to rural communities and decreasing waiting times and medical costs. But its adoption in Latin America has been slow. Insufficient communication infrastructure and status quo biases, among other factors, … [Read more...] about COVID-19 and the Rise of Telemedicine