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Tag: World Bank

RIO DE JANEIRO, BRAZIL - Money transfers from migrants overseas could rebound to pre-pandemic levels, upending a World Bank forecast of a further slowdown in remittances to developing countries in 2021, according to a new study. Remittances, an important source...
RIO DE JANEIRO, BRAZIL - The timeline has closed for Venezuela to join the COVAX facility for COVID-19 vaccines, an official with the Pan American Health Organization (PAHO) said on Tuesday, January 19th, though the country was still negotiating...
RIO DE JANEIRO, BRAZIL - What will 2021 bring to Latin America? More unemployment, more poverty and perhaps more violence. Is that inevitable? No: the region could free itself from the chains of an outdated system based on the Napoleonic...
RIO DE JANEIRO, BRAZIL - The World Bank (WB) reported on Tuesday, January 5th, that it projects an economic growth of 3.7% in Latin America and the Caribbean this year, improving its earlier estimate of 2.8% growth for the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the uneasiness expected in the political arena due to the upcoming Presidential elections in Brazil in October, international agencies and consultancies are a bit more optimistic this year...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to a just-released study from the World Bank, Brazil must increase its labor productivity in order to grow its stagnant economy. At the country's current productivity rate, Brazil's gross...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The World Bank reduced its forecast for Brazil’s economic growth this year to 0.3 percent in its latest World Economic Outlook report, released on yesterday (Monday, June 5th). The entity’s...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The interim government in Brazil celebrated the news that the International Monetary Fund (IMF) reduced its negative outlook forecast for the country’s GDP in 2016, from 3.8 percent in April...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Bureaucracy in Brazil is so widespread and extensive that a term was created to denote the difficulties and delays businesses face in the country, 'custo Brasil' (Brazil Cost). A...

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