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Publication
Argentina Valuing Water: Brief for Policy Makers
(World Bank, Washington, DC, 2021-06-23)This brief for policy makers is a summary of the main conclusions derived from the “Argentina: Valuing Water” report, a detailed and technical water security diagnostic, and is designed for decision makers beyond the water sector. Its main purpose is to make visible the importance of water, and the cost of existing water security gaps on Argentina’s economy, society and environment. The report further highlights the causes behind those water security gaps and identifies opportunities to close them and make the country more resilient to climate change or to other shocks such as the COVID-19, through a more sustainable, inclusive and efficient water management. The document assesses the water security situation today, evaluating the impacts of these water security gaps in the country’s GDP, and then proposes two future scenarios up to 2030: the first one is a “business as usual” scenario, where there are no changes in the way water is managed today, and where water security gaps perpetuate or amplify due to climate change and growing demands. The second “active scenario” is that one where a series of investments are proposed to close the existing gaps, and where, most importantly, a number of water governance reforms are recommended to complement such investments and to make them more sustainable. These reforms are also necessary to use public funds more efficiently, a priority measure in times of crisis. -
Publication
Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
(Washington, DC: World Bank, 2015-04)Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using $2.50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book. -
Publication
Address to the Inter-American Press Association, Buenos, Aires, October 18, 1968
(World Bank, Washington, DC, 1968-10-18)Robert S. McNamara, on his first visit to Latin America as President of the World Bank Group, spoke about his concerns about Latin American economies and hopes for increased lending in education and agriculture. He is concerned about the U.S. Congress approving the IDA replenishment. He asked for resolve to achieve: more equitable distribution of the benefits of increased productivity; balanced growth; export diversification; and strengthened regional cooperation. He stated that unrestrained population growth cripples economic growth. He highlighted the necessity for stabilizing the rate of population growth.