Leveling Opportunities, Key to Latin American Development

Between one fourth and one half of income inequality observed among Latin America and the Caribbean adults is due to personal circumstances endured during childhood that fell outside of their control or responsibility.

Friday, October 3, 2008

The new Human Opportunity Index, developed by a Group of economists from the World Bank, Argentina and Brazil, shows how personal circumstances play in gaining or preventing access to those services needed for a productive life, such as running water, sanitation, electricity or basic education among children in the region. This opens up a whole new field of study dedicated to designing public policy focused on equity.

More on this topic

The State is Distorting the Labor Market

April 2015

In Costa Rica civil servants earn on average 150% more than workers in the private sector, which contributes decisively to the growth of inequality and lowers the overall competitiveness of human resources.

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An article in Elfinancierocr.com reveals the wide gap between the hiring procedures and salaries between private companies and the State.

Latin American Children Face Tough Future

June 2010

In Latin America, children have far less development opportunities than kids growing up in Europe, the United States or Canada.

Chile and Uruguay are the best placed Latin American nations in the 2010 Human Opportunity Index, but they are way below the so called “first world countries”, in having the necessary conditions for human development.

El Salvador Gets $650 Million from WB

November 2009

The World Bank approved a new Country Assistance Strategy (CAS) for El Salvador, projecting loans up to $650 million.

The CAS for El Salvador focuses on three main objectives: reinforcing the basis for economic recovery by confronting macroeconomic and institutional vulnerabilities; improving the provision of social services and increasing economic opportunities, especially for the poor.

Leveling Opportunities, Key to Latin American Development

October 2008

Between one fourth and one half of income inequality observed among Latin America and the Caribbean adults is due to personal circumstances endured during childhood that fell outside of their control or responsibility.

The new Human Opportunity Index, developed by a Group of economists from the World Bank, Argentina and Brazil, shows how personal circumstances play in gaining or preventing access to those services needed for a productive life, such as running water, sanitation, electricity or basic education among children in the region. This opens up a whole new field of study dedicated to designing public policy focused on equity.

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