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Renewing with Growth.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- COVID-19.
- Crisis.
- Digitization.
- Economic Growth.
- Elasticity.
- Electricity.
- Excess Mortality.
- Growth.
- Labor Income Inequality.
- Latin America.
- Renewable Energy.
- Structural Transformation.
- Unemployment.
- Local Subjects:
- COVID-19.
- Crisis.
- Digitization.
- Economic Growth.
- Elasticity.
- Electricity.
- Excess Mortality.
- Growth.
- Labor Income Inequality.
- Latin America.
- Renewable Energy.
- Structural Transformation.
- Unemployment.
- Physical Description:
- 1 online resource (90 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 2021.
- System Details:
- data file
- Summary:
- Latin America and the Caribbean suffered the largest death toll from Covid?19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long?lasting. The crisis also triggered large?scale economic restructuring, with productivity higher in the expanding than in the contracting sectors. Accelerated digitization could instill dynamism in finance, trade and labor markets, but it may amplify inequality within and across the countries in the region. Technology could transform the energy sector as well. Latin America and the Caribbean has the cleanest and potentially cheapest electricity generation matrix of all developing regions. But its electricity is the most expensive, due mainly to inefficiencies. Distributed generation within countries and electricity trade across countries, could make energy greener and cheaper, provided that the pricing is right.
- Notes:
- Description based on print version record.
- ISBN:
- 1-4648-1712-X
- 1-4648-1711-1
- Publisher Number:
- 10.1596/978-1-4648-1711-3
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