Avoiding a Lost Decade in Latin America and the Caribbean

World Bank Group President David Malpass discussed his work on development and the unique challenges facing Latin America during his 1984 trips to Honduras and Guatemala for the United States government. In addition to per capita gross domestic product, the World Bank recognizes the importance of no...

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Main Author: Malpass, David
Format: Speech
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/680641626082918488/Remarks-by-World-Bank-Group-President-David-R-Malpass-Avoiding-a-Lost-Decade-in-Latin-America-and-the-Caribbean-LAC
http://hdl.handle.net/10986/35938
id okr-10986-35938
recordtype oai_dc
spelling okr-10986-359382021-07-17T05:10:50Z Avoiding a Lost Decade in Latin America and the Caribbean Malpass, David ECONOMIC GROWTH SHARED PROSPERITY ACCESS TO ELECTRICITY ACCESS TO HEALTH SERVICES ACCESS TO WATER ACCESS TO EDUCATION NUTRITION ENVIRONMENTAL PROTECTION BIODIVERSITY CLIMATE CHANGE RESILIENCE CONNECTIVITY FINANCIAL INCLUSION BUSINESS REGULATION STATE-OWNED ENTERPRISES FOREIGN DIRECT INVESTMENT GLOBAL VALUE CHAIN World Bank Group President David Malpass discussed his work on development and the unique challenges facing Latin America during his 1984 trips to Honduras and Guatemala for the United States government. In addition to per capita gross domestic product, the World Bank recognizes the importance of non-economic measures of prosperity including access to electricity, clean water, health, education, and nutrition; environmental protection, biodiversity and resilience to climate change; and connectivity to people, information, and financial services. As shown in the recent report, Renewing with Growth, some countries in Latin America and the Caribbean (LAC) have strong capabilities in this area. For long-term growth, LAC needs a supportive business environment that is conducive for entrepreneurship. In many countries, it is important to address distortions induced by state ownership. Foreign direct investment can play a big role in improving competition and productivity. The LAC region has a great opportunity post pandemic to expand trade through more dynamic global value chains. 2021-07-16T14:42:24Z 2021-07-16T14:42:24Z 2021-06-23 Speech http://documents.worldbank.org/curated/en/680641626082918488/Remarks-by-World-Bank-Group-President-David-R-Malpass-Avoiding-a-Lost-Decade-in-Latin-America-and-the-Caribbean-LAC http://hdl.handle.net/10986/35938 English Remarks to the Ecuadorean American Association, June 23, 2021; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
SHARED PROSPERITY
ACCESS TO ELECTRICITY
ACCESS TO HEALTH SERVICES
ACCESS TO WATER
ACCESS TO EDUCATION
NUTRITION
ENVIRONMENTAL PROTECTION
BIODIVERSITY
CLIMATE CHANGE RESILIENCE
CONNECTIVITY
FINANCIAL INCLUSION
BUSINESS REGULATION
STATE-OWNED ENTERPRISES
FOREIGN DIRECT INVESTMENT
GLOBAL VALUE CHAIN
spellingShingle ECONOMIC GROWTH
SHARED PROSPERITY
ACCESS TO ELECTRICITY
ACCESS TO HEALTH SERVICES
ACCESS TO WATER
ACCESS TO EDUCATION
NUTRITION
ENVIRONMENTAL PROTECTION
BIODIVERSITY
CLIMATE CHANGE RESILIENCE
CONNECTIVITY
FINANCIAL INCLUSION
BUSINESS REGULATION
STATE-OWNED ENTERPRISES
FOREIGN DIRECT INVESTMENT
GLOBAL VALUE CHAIN
Malpass, David
Avoiding a Lost Decade in Latin America and the Caribbean
relation Remarks to the Ecuadorean American Association, June 23, 2021;
description World Bank Group President David Malpass discussed his work on development and the unique challenges facing Latin America during his 1984 trips to Honduras and Guatemala for the United States government. In addition to per capita gross domestic product, the World Bank recognizes the importance of non-economic measures of prosperity including access to electricity, clean water, health, education, and nutrition; environmental protection, biodiversity and resilience to climate change; and connectivity to people, information, and financial services. As shown in the recent report, Renewing with Growth, some countries in Latin America and the Caribbean (LAC) have strong capabilities in this area. For long-term growth, LAC needs a supportive business environment that is conducive for entrepreneurship. In many countries, it is important to address distortions induced by state ownership. Foreign direct investment can play a big role in improving competition and productivity. The LAC region has a great opportunity post pandemic to expand trade through more dynamic global value chains.
format Speech
author Malpass, David
author_facet Malpass, David
author_sort Malpass, David
title Avoiding a Lost Decade in Latin America and the Caribbean
title_short Avoiding a Lost Decade in Latin America and the Caribbean
title_full Avoiding a Lost Decade in Latin America and the Caribbean
title_fullStr Avoiding a Lost Decade in Latin America and the Caribbean
title_full_unstemmed Avoiding a Lost Decade in Latin America and the Caribbean
title_sort avoiding a lost decade in latin america and the caribbean
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/680641626082918488/Remarks-by-World-Bank-Group-President-David-R-Malpass-Avoiding-a-Lost-Decade-in-Latin-America-and-the-Caribbean-LAC
http://hdl.handle.net/10986/35938
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