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Avoiding a Lost Decade in Latin America and the Caribbean / David Malpass.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Malpass, David.
- Series:
- Speeches of World Bank Presidents.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access of Poor To Social Services.
- Access To Education.
- Access To Health Services.
- Biodiversity.
- Business Environment.
- Business Regulation.
- Climate Change and Environment.
- Environment.
- Environmental Protection.
- Foreign Direct Investment.
- Global Value Chains and Business Clustering.
- Nutrition.
- Poverty Reduction.
- Private Sector Development.
- State-Owned Enterprises.
- Local Subjects:
- Access of Poor To Social Services.
- Access To Education.
- Access To Health Services.
- Biodiversity.
- Business Environment.
- Business Regulation.
- Climate Change and Environment.
- Environment.
- Environmental Protection.
- Foreign Direct Investment.
- Global Value Chains and Business Clustering.
- Nutrition.
- Poverty Reduction.
- Private Sector Development.
- State-Owned Enterprises.
- Place of Publication:
- Washington, D.C. : The World Bank, 2021.
- System Details:
- data file
- Summary:
- 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.
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