#infrastructure

Boosting Growth in Latin America and the Caribbean

An IDB reports looks at boosting growth in Latin America and the Caribbean

Growth in Latin America and the Caribbean has been disappointing. For commodity exporters, the exceptional 2002-2012 boom boosted investment and relaxed fiscal constraints, but many countries made little progress on improving underlying productivity and their medium-term growth potential. In other countries, particularly some in the Caribbean and Central America, negative shocks, combined with a lack […]

Can Government and Civil Society Unite to Combat Corruption?

Civil society can team up with government authorities to fight local corruption

Corruption is a public enemy. Brazil’s ongoing Lava Jato scandal is only the most recent prominent example of what can happen when government expenditures are undertaken with insufficient transparency and accountability. Pointing out a problem is one thing. Learning how to solve it—or at least contain it—is a different issue altogether, and one that raises […]

Macroeconomic Challenges for Latin America and the Caribbean

As the October 2017 meetings in Washington wind down, the good news is that Latin America and the Caribbean is out of recession and set to grow at 1.2% this year. Only three countries (Suriname, Trinidad and Tobago and Venezuela—of the 26 borrowing IDB members) will post negative growth, as opposed to seven countries last […]

Making Saving a State Policy

Over the last three decades, Chile has led the way in promoting greater national savings in Latin America and the Caribbean. Beginning in the early 1980s with a pension reform that introduced mandatory savings through a system managed by the private sector, the country has implemented numerous measures that have boosted its savings rate. Privatizations […]

What Does Saving Have to Do with Resilience to Natural Disasters?

Investing in infrastructure is crucial for a country’s economic performance and growth prospects. In fact, it not only can make a difference in people’s everyday lives by providing better roads and schools, but it can actually save lives. During the last decade, Chile and Haiti provided two contrasting examples of this in the face of […]

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