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    A Strategic Action Framework for Fiscal Policy and Management in Latin America and the Caribbean

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    What fiscal tools should Latin American and Caribbean governments use to respond to two of the biggest challenges in the region? The region is one of the most unequal regions in the world and its growth rates are lower than those of other emerging countries and also quite volatile. This structural challenge affects the social and economic development of the region. This document highlights the main opportunities for the Bank to respond to the challenge in terms of fiscal policy and management

    Gender Gaps in the English-speaking Caribbean: Education, Skills, and Wages

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    This document contributes to the understanding of the reasons behind gender gaps in education and how they translate into labor market outcomes and trajectories in the English-speaking Caribbean. What are the main characteristics of these gaps? Are they observed through the entire life cycle? Do they grow over time? What factors can explain them? A detailed analysis of updated educational and labor market data for five countries of the English-speaking Caribbean - The Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago- complements previous studies by: (a) following the English-speaking Caribbean population from primary school to the labor market; (b) assessing the existence of gender gaps in education and in the labor market separately; and (c) analyzing the relationship between them and how one affects the other. The analysis confirms previously documented trends. Males tend to underachieve in terms of secondary and post-secondary studies when compared to females, as measured by enrollment, completion rates and learning outcomes. Our study analyses different factors that could be driving these gaps, such as gender roles, socialization processes for both girls and boys, classroom pedagogy in Caribbean schools, school curricula, and corporal punishment in households and schools. Despite females better results in education, their outcomes in the labor market are less favorable than those of males. Women show lower participation, and among labor market participants, they have higher unemployment rates and lower wages than men. For The Bahamas and Guyana, we document that wage gaps are primarily driven by non-observable characteristics unrelated to labor productivity. By contrast, in Barbados, Jamaica and Trinidad and Tobago, wage gaps seem to be mainly driven by labor market experience, occupational rank, and industrial sector. Reductions in gender-based sectoral and occupational segregation could significantly close the wage gaps observed in the latter countries. We recommend the continued collection of timely and accurate disaggregated data to inform policymaking and positively impact inclusive and sustainable development

    Trade Trends Estimates Latin America and the Caribbean - 2023 Edition Q1 Update

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    This report provides estimates of Latin America and the Caribbeans international trade flows for 2022 and the first quarter of 2023. The data in it was prepared by the Integration and Trade Sector (INT) at the Inter-American Development Bank (IDB), in partnership with its Institute for the Integration of Latin America and the Caribbean (INTAL)

    Agricultural R&D Indicators Factsheet: Costa Rica

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    The IDB has been financing the collection of data from Latin America and the Caribbean for several years for the Agricultural Science and Technology Indicators (ASTI) program. ASTI is an open-access and reliable source of data on agricultural research systems in developing countries, linked to the International Food Policy Research Institute (IFPRI) and part of the CGIAR Program. ASTI works with a broad network of national partners to collect, compile, and publish data on human, financial, and institutional resources, at the national and regional levels, from government organizations, higher education institutions, non-profit entities, and (where possible) private for-profit agricultural research organizations

    Evaluation Study for 12 Projects Financed by the ProAdapt Facility

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    This report is the final deliverable developed by Technopolis Group and Global Factor in the context of the “Evaluation study of 12 projects financed by the ProAdapt Facility”. ProAdapt Facility was launched in 2013 by the IDBs Multilateral Investment Fund (MIF), now IDB Lab, and the Nordic Development Fund (NDF). The main objectives of the Facility were to support climate resilience in MSMEs and the local communities where they operate and to foster business and investment opportunities for private-sector resilience solutions. In addition, the program supported the creation of new capacities and tools and the development of business models to achieve climate resilience. The IDB Lab approved 12 technical cooperation projects in 13 member countries for a total contribution of US11.52million(includingMIFandNDFfunding).Inaddition,US11.52 million (including MIF and NDF funding). In addition, US16.56 million was leveraged as counterpart funding from executing agencies and project partners. Overall, the funding for ProAdapt Facility amounted to a total of US$28.08 million. The project portfolio was approved gradually between 2013 and 2019, and its implementation ended in March 2022. The distribution of the operation portfolio by focus areas is as follows: five projects were related to access to basic services and green growth; three to inclusive cities; two to accessing markets and capabilities; and one to smart agriculture. This report provides information on the benefits and the achievement of results for and across the different projects. It also reports on the effectiveness of the ProAdapt Facility in promoting the dissemination of the results achieved. The results of the evaluation are mainly based on in-depth studies of 10 of the planned projects. For the remaining two projects, in-depth studies were not conducted as one was cancelled before it started, and the other concerned the generation of knowledge products. In addition, the evaluation included a study that benchmarks ProAdapts intervention against those of external climate funds and highlights relevant lessons learned that might be useful for the design of future climate funds at the IDB

    Research Insights: What Can We Learn from Three-Generation Households?

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    In the last five decades, living with extended family has become more common around the globe. In Mexico, the share of three-generation households has increased by nearly 20% in both urban and rural areas in the last 15 years. Among other differences, the gender gap in employment is significantly smaller for three-generation households, and it is narrowing faster

    Inter-American Development Bank Annual Business Review 2022

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    The 2022 Annual Business Review (ABR) provides an overview of the IDB\u27s performance on sovereign-guaranteed outputs and lending program priorities. The ABR identifies trend deviations from IDB portfolio targets to support Bank managements efforts to identify and implement corrective measures. This edition compiles data for all quarters in 2022

    Independent Country Program Review: Colombia 2019-2022

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    This Independent Country Program Review (ICPR) analyzes the Inter-American Development Bank (IDB) Group\u27s country strategy and country program with Colombia for the 2019-2022 period. The ICPR seeks to reinforce the accountability of the IDB Group\u27s work in the country, providing the Board of Executive Directors with useful information to consider for the next country strategy and inviting Management to incorporate its findings for the benefit of the new country strategy and program. The ICPR is based on an exhaustive desk review and triangulation of information from more than 60 key respondents, including IDB Group specialists and counterparts in the country

    PPP Americas 2023: Partnerships with Purpose

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    This discussion paper brings together the ideas and insights discussed in preparation for PPP Americas 2023. Three concept notes were developed, and three virtual seminars (PPP Talks) were held to discuss crosscutting and relevant themes in the Public-Private Partnerships sector. In each panel discussion, one of the six axes was addressed: Climate Investment, Digital Transformation, Supply Chains, Job Creation, Driving Inclusion, and Impact Measurement. This document registers the panelists\u27 discussions and will serve as the foundation for the sessions on July 18, 19, and 20, 2023, during PPP Americas in Panama

    Modeling Tropical Cyclone Risk While Accounting for Climate Change and Natural Infrastructure in the Caribbean

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    This chapter describes tools and a methodology to model wind and flood risks from tropical storms under present and future climate accounting for natural infrastructure. Wind forcing provide a crucial link to hydrodynamic models that can be used in risk assessments to estimate extent of and damages from flooding and erosion. Further, such flood risk models can then include the effects of ecosystems, such as mangroves, to model the effects on risk of conservation and restoration outcomes but also individual nature-based projects to reduce risks. The chapter describes hazard modeling techniques and presents simple applications to (1) assess the effect of climate change in the Caribbean, by estimating wind fields for tropical cyclones for present and future climate scenarios, (2) address the limited observations in hurricane data by using existing tools to derive synthetic storms and readily use them in coastal models, and (3) compare modeling approaches and datasets to provide recommendations for assessing flood attenuation of mangroves. The results and data developed in these applications is available with this chapter to be used in other local applications, or to infer damages from wind or in flood hazard models

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