Join us in a conversation with William Maloney, Chief Economist for Latin America and the Caribbean, and high-level experts, as we explore new growth opportunities emerging in the global economy and how the region can actively engage to drive inclusive and sustainable development.
Every year, MIGA presents its Gender Leadership Award honoring senior managers who have a proven track record of seeking to further the causes of women’s advancement and gender equality. MIGA is delighted to recognize this year's awardee, Claudia María González Arteaga, Chief Financial Officer at Bancóldex (Banco de Desarrollo Empresarial de Colombia). Her dedication to innovation has boosted access to credit for MSMEs (Micro-, Small, and Medium-sized Enterprises) in Colombia. Her work is helping to build a green economy and support gender equality in the country.
COP27 brings together SIDS representatives, the donor community, and the private sector. This High-Level Panel will bring together SIDS representatives from the Eastern Caribbean, Maldives and Palau providing an opportunity to discuss collective responsibility for ensuring the health and sustainability of the world’s oceans, and their vital role in future NDCs.
The World Bank recognizes the innate value of racial equity in global efforts to eradicate poverty and create opportunities that boost prosperity for all. By enabling all persons to realize their full potential regardless of race, racial equity enhances benefits for society as a whole and aids the attainment of long-term development objectives and the reduction of poverty.
Risk management is fundamental for Latin America and the Caribbean. Incidents of natural disasters have tripled since 1970 and with climate change, their intensity and the frequency are going to increase. But natural disasters are not the only risk these countries face. Economic shocks and abrupt swings in commodity prices can also have a devastating effect in the population, especially on the most vulnerable. In Thursday’s conversation on Protecting Latin America and the Caribbean’s Future Against Risks, Jorge Familiar, World Bank Vice President for Latin America and the Caribbean was joined by a panel of leading financial experts and policymakers including Jane Fraser, CEO of Citigroup Latin America; Paraguay Minister of Finance Lea Giménez; Chief Executive of the State Development Bank of Brazil BNDES, Dyogo Henrique de Oliveira; President of Mexico’s National Banking and Securities Commission CNBV, Bernardo Gonzalez; and the Governor of the Eastern Caribbean Central Bank, Timothy Antoine. During the discussion, panelists agreed that the ...
What will it take for the small island states of the Caribbean to become more resilient and sustainable following the recent hurricanes? Join us live on October 13 at 5:00 pm, as we discuss this and other topics with Timothy Antoine, Governor of the Eastern Caribbean Central Bank.
World Bank Chief Economist for Latin America and the Caribbean Carlos Végh said on Wednesday that after six years of growth deceleration, 2017 would constitute the first year with an increase in growth. The improvement was mainly driven by a strong recovery in Argentina and a more tepid one in Brazil. However, the region will not have the benefits of favorable external factors such as a buoyant global economy or a great demand of raw materials. This means that Latin America must boost its own growth and put its house in order - in some cases with difficult public spending and money management decisions. This was acknowledged by Végh during the presentation of the report "Between a rock and a hard place: the monetary policy dilemma in Latin America and the Caribbean”. This commodity-exporting emerging markets face a critical monetary policy dilemma each time there is an external shock, for example a sudden fall in commodity prices. How should ...
With the lower commodity prices and uncertain global scenario, Latin America and the Caribbean is looking for alternatives to boost economic growth to continue on its path of reducing poverty and inequality. There is increasing consensus in the region that closing the infrastructure gap will be essential to set the stage for economic recovery. This event will discuss challenges such as the financing, planning, implementation and regional coordination of effective infrastructure programs, and strengthen the momentum for reform in the area.
Productivity is slowing down around the world in advanced, emerging and developing economies alike. Yet, accelerating productivity growth remains key to sustaining inclusive growth. With no consensus on either the causes of the current decline or the actions to address it, there remains much analysis and debate on the subject. Join senior policymakers and analysts from East Asia and Latin America for a discussion on what has worked and what still needs to be done to boost productivity in order to sustain inclusive growth.