Consolidating the Recovery : Seizing Green Growth Opportunities / edited by William F. Maloney, Guillermo Beylis, Guillermo Javier Vuletin.

Format:

Book

Contributor:

Maloney, William F., editor.

Beylis, Guillermo, editor.

Vuletin, Guillermo Javier, editor.

Series:

Semiannual report (World Bank, April 2022)

Language:

English

Subjects (All):

Ecology.

Economic history.

Caribbean Area--Economic conditions.

Caribbean Area.

Caribbean Area--Environmental conditions.

Physical Description:

1 online resource (xiii, 47 pages) : illustrations, maps.

Other Title:

Consolidating the Recovery

Place of Publication:

Washington, DC : World Bank, 2022.

Summary:

The Latin America and the Caribbean region is consolidating its recovery from the COVID-19 crisis, but the road ahead poses challenges: The damage inflicted by the pandemic on education and poverty require redress; new variants may appear; rising global inflation presents new policy dilemmas; and the long-standing reform agenda needed to lay the foundations for renewed and inclusive growth remains pending. Further, the global context is evolving rapidly. Over the medium term, the tragedy unfolding in Ukraine will affect the region through unpredictable channels. Over the longer term, increased global alarm over the pace of climate change raises new policy issues. The region's contribution to greenhouse gases is modest and can be reduced, but the impact of climate change on its people and productive sectors will require significant adaptation. The good news is that LAC's unique endowments positions it well to seize emerging green growth opportunities if well-managed. A key message is that improving the region's capability to adapt and innovate needs to be placed at the center of both the growth and greening agendas and can generate synergies between them.

Contents:

COVID-19: a fading threat but work still to do

Vaccination progress: dramatically successful, but mission not yet accomplished

Labor markets: uneven recovery, persistent setbacks among vulnerable groups

Education: long-term scarring from COVID-19 will affect earnings and growth

Growth: anemic with increasingly uncertain prospects

Risks to the recovery. the return of inflation and the monetary dilemma facing central banks

From fiscal stimulus toward consolidation: a long road toward a more sustainable debt path

The risk of banking crisis seems to be receding but merits vigilance

Conclusion

Seizing green growth opportunities

LAC contributes modestly to climate change

Yet is highly exposed and vulnerable to most of its damaging effects

LAC'S green comparative advantage

Bright prospects for alternative fuels (green hydrogen)

LAC is rich in minerals critical for the energy transition

The advantage of being highly urbanized

Natural capital and agricultural productivity

Policies to meet challenges and overcome obstacles.

Notes:

Description based on publisher supplied metadata and other sources.

Publisher Number:

10.1596/978-1-4648-1867-7