Latin America
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Recovering the Magdalena River Waterway: Challenge Accepted
Historically, Colombia has suffered from a deficient and incomplete transportation network that isolated the country from overseas markets and made even domestic communication between provinces and regions a challenge. Numerous geographical, economic, and political factors that have profoundly impacted Colombia’s
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World Bank Group: Remittances – A Vital Channel for Global Cash Flows
Envision the world economy as a complex, interconnected array of financial engines whose propulsion helps reinforce one another’s momentum. One of the component engines is a small but significant one that, until a few years ago, was not recognised for
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World Economic Forum Opens in Davos: Sharing and Caring
Davos – Over 2,600 of the world’s most notable people have ascended to Europe’s highest mountain town for a series of meetings that aim to address “key issues of global importance.” Nestled at 1,560m above sea level in a picture-perfect
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US Welcomed at Davos as the New Emerging Market
The annual meeting of top businessmen, leading public officials, and a host of other VIPs in Davos usually sees emerging markets claim centre stage and draw attention to the marvels of their booming economies. Save for China, at this year’s
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World Economic Forum: Chile and Colombia Best in Entrepreneurial Vitality
Most advanced economies are lagging in entrepreneurial vitality. According to a report published last week by the World Economic Forum, the most ambitious and innovative businesspeople are to be found in emerging countries. The Leveraging Entrepreneurial Ambition and Innovation Report
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Otaviano Canuto, World Bank Group: Navigating Brazil’s Path to Growth
Brazil’s macroeconomic management faces four major immediate challenges. The response to them will be strengthened if economic agents could have some indication of how the Brazilian economy will be steered back to a growth route. The first challenge will be
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UN-Backed Project to Help Colombian Farmers Move Away from Illicit Crops Towards Fair Trade Chocolate
A sweet new partnership between the United Nations, the Colombian and Austrian Governments and a renowned chocolate manufacturer is slated to bring free-trade practices and a critical source of income to Colombian farmers who have long relied on revenues from
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World Bank Supports Efforts to Achieve Growth with Equity and to Develop Cities in Colombia
The World Bank Board of Executive Directors approved a two-loan package today totaling US$1.4 billion to strengthen economic growth with equity in Colombia, on the one hand, and increase productivity and sustainability in Colombian cities, on the other. These Development
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World Bank: International Food Prices Hit Four-Year Low
New World Bank Group tool focuses on preparedness for potential future crises. International prices of food decreased by 6 percent between April and August 2014, reaching a four-year low, according to the latest edition of Food Price Watch. This sharp decrease
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UN Reports Potential for Gradual Return to Global Growth, Foresees Risks, Uncertainties
Global economic growth is forecast to continue increasing over the next two years, the United Nations reported today, despite legacies from the financial crisis continuing to weigh on growth, and the emergence of new challenges, including geopolitical conflicts such as
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