Latin America

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From Armenia to France and Back – Francis Kurkdjian

Fragrances from the Past Though born in France, celebrated perfumer Francis Kurkdjian has remained in close touch with his Armenian roots. On the most recent of his many visits to Yerevan Mr Kurkdjian was received by Minister of Diaspora Affairs

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CFI.co Meets the CEO of Banco del País: María del Rosario Selman-Housein

For the past six years, María del Rosario Selam-Housein has stood at the helm of the Banco del País, expertly leading the bank to its prominent present position in Honduras. However, Mrs Selman-Housein has not just engineered the bank’s remarkable

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Urban Energy Efficiency Key to Mexico’s Ambitious Goals for Energy and Low Carbon Growth

Mexico sees urban energy efficiency as critical for sustainable growth, livable cities and competitiveness Ministry of Energy rolls out national municipal urban energy efficiency program with World Bank support National program to include diagnostics of energy use in 30 cities

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UN Reports FDI Hit $1.4 Trillion in 2013, Upward Trend to Continue

Global foreign direct investment is up and expected to rise over the next three years, driven mainly by stronger economies in developed countries, according to a new United Nations report which highlights the key role that transnational corporations and foreign

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Measuring Wealth to Track Sustainability

The new edition of the World Bank’s Little Green Data Book, released on World Environment Day 2014, includes a new indicator called change in wealth per capita for more than 200 countries. The World Bank Group has adopted change in

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UN Labour Report Shows Solid Return for National Investments in Quality Jobs

Developing countries that invested in quality jobs from the early 2000s grew nearly one percentage point faster every year since 2007 and were better able to weather the economic crisis than comparable economies, according to a new report by the

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Nicholas Brady: Soccer Finance and the Pragmatist Who Fixed a Debt Crisis

Back in the days when a top-scoring soccer player could be enticed for a few million, Brazilian attacker Romario set a record when PSV put down all of six million dollars to have him play for the club in Eindhoven,

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The World Bank: Local Currency Bonds Catch On as Countries Aim to Catch Up

Two years ago, the World Bank Group’s International Finance Corporation tried something that had never been done in the Dominican Republic. In a bid to increase access to finance to entrepreneurs and home-buyers, the Bank Group’s private sector arm became

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José Mujica: At Long Last – A Politician to Admire

The South American country of Uruguay does not often make for headline news. It’s a relatively well-developed and prosperous place that quietly goes about its business without making any fuss. Uruguay enjoys a moderate, but sustainable, rate of economic growth.

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Otaviano Canuto, World Bank Group: Macroeconomics and Stagnation – Keynesian-Schumpeterian Wars

Policy makers in the advanced economies at the core of the global financial crisis can make the claim that they prevented a new “Great Depression”. However, recovery since the outbreak of the crisis more than five years ago has been

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