Korea and Latin America and the Caribbean: Advancing Together in an Evolving World
This report reviews the latest trends in trade and investment and highlights the potential for Korea and Latin America and the Caribbean (LAC) to unlock new opportunities in food and energy security, as well as climate resilience,
Does Income Growth in Latin America and the Caribbean Drive Disproportionate Energy Consumption?
This document examine the relationship between energy consumption and economic growth in Latin America and the Caribbean using panel data from 1971 to 2019. Employing both parametric and non-parametric methods, it find a robust positive correlation between Latin America and the Caribbean’s economic activity and energy consumption.
Africa and the Developing World in a Turbulent Global Financial Architecture
The lecture was held at a time of heightened geoplitical tensions, which could have significant implications for global trading and financial systems with far-reaching impact for African and Caribbean countries and, more generally, for developing economies. It provided the opportunity to reflect on the contours of the global financial architecture that could emerge from the turbulent global economic environment to meet the challenges of the 21st century.
Asia bond monitor Septiembre 2023
The risk outlook for regional financial conditions is
generally balanced. On the upside, softening inflation in
the region has led most regional central banks to move
toward the end of their monetary tightening cycles.
A faster-than-expected decline in inflation in advanced
economies, combined with financial risk considerations,
might lead to a less hawkish monetary stance in advanced
economies. However, the inflation path remains
uncertain. Elevated price pressures together with a robust
economic performance and strong job market in the US
could support further monetary tightening.
Zambia – Study on Resource Mobilization Through Adoption and Implementation of Optimal Export Policies
This study uses a desk review and stakeholder insights to explore the potential role of exports in DRM. While the traditional approach primarily views exports as a significant driver of economic growth, this paper makes a departure from the usual focus on traditional revenue sources (tax and non-tax) by recognizing them as viable revenue sources.
North Africa Economic Outlook 2023
In 2022, North African countries struggled with the challenges of rising inflation and growth recovery, which have been exacerbated by external shocks, including the long-lasting effects of the COVID-19 pandemic and the spillover effects of Russia’s invasion of Ukraine. The region registered moderate economic growth of 4.1 percent in 2022 against 5.4 percent in 2021.
Navigating Uncertainty: Investment Dynamics and Beyond
Countries have been increasingly decentralizing and devolving powers to lower levels of government in the hope of improving services delivery. Yet proliferation of governments, particularly in a developing country setting, may create fiscal and policy uncertainty and increase the tax and compliance burden for private businesses, with potentially detrimental effects for investment. This hypothesis is tested in the context of Indonesia, which has increased the number of districts from 284 in 1989 to 511 by 2014.
The EIB Climate Survey: Africa and the Middle East
The survey results came at a critical moment for Africa, following COP 27, where the central issues were finding more resources to mitigate global warming and adapting to its effects. A decisive agreement was also made on a new “loss and damage” fund for vulnerable countries severely hurt by climate disasters.
Read the full survey to discover how people in Africa view climate change’s impact on their livelihood.
Wealth Inequality in Latin America
In this study, we estimate aggregates based on macroeconomic data, and inequality based on recently available surveys. We contrast our results with the literature, with a handful of state-of-the-art estimates from administrative sources, and with more available but extrapolated estimates from Credit Suisse and wid.world. Considering all the evidence, we distinguish reliable facts from what can only be conjectured or speculated.
Cutting plastics pollution Financial measures for a more circular value chain
This report by the European Investment Bank’s Innovation and Digital Finance Advisory Division examines the inefficiencies that lead to leakages across the plastics value chain — built up over many decades of exponential growth in both the types and volume of plastics produced — and the potential for directing investment towards solutions to the problem.