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Office of the Chief Economist

Latin America and the Caribbean Region (LCR)

The Office of the Chief Economist for the Latin America & the Caribbean (LAC) region provides LAC countries with a wide range of analytical resources to support their efforts to achieve sustainable growth.

HIGHLIGHTS

Middle Class and Mobility Flagship

Economic Mobility and the Rise of the Latin American Middle Class

After decades of stagnation, the size of the middle class in Latin America and the Caribbean recently grew by 50 percent—from approximately 100 million people in 2003 to 150 million (or 30 percent of the continent's population) in 2009. Over the same period, the proportion of people in poverty fell from 44 percent to around 30 percent. Economic Mobility and the Rise of the Latin American Middle Class investigates the nature, determinants, and possible consequences of this remarkable process of social transformation. The authors propose an original definition of the middle class, tailor-made for Latin America and centered on the concept of economic security. By this definition, the largest social group in the region at present is neither poor nor middle-class: they are a vulnerable group sandwiched between the poverty line and the minimum requirements for a more secure, middle-class lifestyle.
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+ Open Publication (English)
+ Presentation
(English)
+ Feature Story/Press Release

 

The Labor Market Story Behind Latin America's Transformation

The semiannual report, a product of the Office of the Chief Economist for the Latin America and the Caribbean Region of the World Bank, examines in detail the most significant changes experienced by labor markets in Latin America and the Caribbean (LAC) countries between the 1990s and the 2000s, and reviews the main economic developments and prospects for the coming months.
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Open publication (English)
+ Open publication (Spanish)
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Presentation (Spanish)

 

Spring Meetings Report 2012

Latin America Copes with Volatility, The Dark Side of Globalization

The semiannual report, a product of the Office of the Chief Economist for the Latin America and the Caribbean Region of the World Bank, examines the emerging challenges of living in new financially globalized world in the aftermath of the 2008-09 global financial crisis for Latin America and the Caribbean (LAC) countries.
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Open publication (English)
+ Open publication (Spanish)
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Presentation (English)

+ Publication in ISSU
+ Publication in SCRIBD

 

Finance Development Flagship

Financial Development in Latin America and the Caribbean: The Road Ahead

This flagship report examines issues on the interaction between financial development and financial stability by revisiting the nature of different market imperfections and their interactions. It discusses the "bright" and "dark" side of the process of financial development, and provides an assessment of the nature of, and the reasons behind, the region's gap in financial development. It also provides a rich discussion of the new, systematically-oriented regulatory reform agenda.
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+ Open publication (English)
+ Open publication (Spanish)

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Presentation
+
Press Release

 

Work and Family

Work & Family: Latin American and Caribbean Women in Search of a New Balance

As a region, Latin America and the Caribbean (LAC) have witnessed remarkable progress towards gender parity over the last four decades. Women and girls have made important strides in several key areas, including but not limited to education and health. Since the 1980s, LAC has seen a dramatic and virtually uninterrupted rise in female labor force participation (LFP). Women in LAC have increased their participation faster than in any other region of the world, adding nearly 70 million women to the labor force. This evolution occurred in the context of more general progress in women's status.
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+ Open publication (English)
+ Executive Summary (Spanish)
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Presentation
+
Press Release

 


LAC Long-Term Growth

Latin America and the Caribbean's Long-Term Growth: Made in China?

This semiannual report provides an overview of recent economic developments, including an analysis of the sources of external risks for short-term economic activity in the region, and an in-depth look at whether LAC can leverage its deepening connections with China and turn it into an important (but not the only one) source of long-term growth. It also discusses policy response options for the short and long-term horizons. The preparation of this part of the report was led by Augusto de la Torre, Regional Chief Economist, in close collaboration with Tatiana Didier, Cesar Calderón, Samuel Pienknagura, Tito Cordella, Ian Walker and Cristian Aedo.
+ Open publication (English)
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Open publication (Spanish)
+ Presentation
+
Press Release

 

 

 




Last updated: 2011-05-18






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