[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112831-en":3,"doc-seo-112831-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},112831,962075114765,"Quinn","https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd",8,"Research & Report","Guatemala SCD Update - Building a Stronger Social Contract through Productive, Inclusive and Sustainable Growth","Guatemala SCD Update (March 2022) reviews how demographic change, evolving global conditions, and heightened exposure to natural disasters and climate change are intensifying pressure on the labor market and increasing vulnerability. It analyzes how the 2019–2021 period shows persistent poverty and weak human capital outcomes, despite recovery from the COVID-19 crisis. The report outlines transformation opportunities centered on stronger human capital investment, inclusive job-creating business conditions, and fiscal and spending efficiency with climate adaptation and institutional strengthening.","Public Disclosure Authorized Public Disclosure Authorized  \nGuatemala SCD Update Building a Stronger Social Contract through Productive, Inclusive and Sustainable Growth  \nMarch 2022  \nTABLE OF CONTENTS  \nExecutive Summary ...................................................................................................................................... 1  \n1. Introduction........................................................................................................................................... 7  \n2. Key Contextual Developments, 2015-2021 .......................................................................................... 8  \nA faster-than-anticipated demographic transition and a changing international context are intensifying pressure on the Guatemalan labor market................................................................................................. 8  \nGuatemala’s heightened vulnerability to natural disasters and climate change poses risks .....................9  \nThe Covid-19 crisis has amplified economic uncertainty and will likely have lasting effects on human capital........................................................................................................................................................ 9  \n3. Key Country Developments, 2015-2021 ............................................................................................ 10  \nA stable macroeconomic outlook, persistently high poverty rates, dismal human capital outcomes ..... 10  \nSince 2015, Guatemala made solid progress in certain areas, and its swift economic recovery from the Covid-19 crisis has made it an outlier in the region................................................................................ 13  \nGuatemala has also experienced important setbacks in a range of key areas ......................................... 14  \nThe updated SCD policy prioritization criteria ....................................................................................... 16  \n4. Opportunities for Transformation and Policy Priorities...................................................................... 17  \n4.1 Building a more inclusive Social Contract through more and better Human Capital investment .... 17  \nReducing Child Malnutrition and Supporting Early Childhood Development................................... 17  \nReversing learning losses, preventing school dropout rates, and supporting skills development...... 19  \n4.2 A stronger business climate will be crucial to accelerate job creation and boost productivity.........20  \nImproving the business environment with a focus on high-quality, inclusive employment ................20  \n4.3 Increased fiscal revenue, greater public expenditure efficiency and resilience to shocks through climate adaptation are essential for a sustainable growth model ............................................................ 22  \nMobilizing revenue, promoting the efficiency ofpublic spending, and supporting institutional strengthening ...................................................................................................................................... 23  \nPromoting resilience to shocks through climate adaptation and disaster response...........................25  \n5. An Agenda for Knowledge and Data Gaps......................................................................................... 26  \n6. References........................................................................................................................................... 27  \n7. Annexes............................................................................................................................................... 32  \nA1 . Redefining country peers ............................................................................................................ 32  \nA2 . SCD Update: Selected In-Country Consultations ....................................................................","cbCaifL79Tn4zswh","https://ap.wps.com/l/cbCaifL79Tn4zswh","pdf",3020250,1,58,"English","en",105,"# Executive Summary\n# Introduction\n# Key Contextual Developments, 2015-2021\n# Key Country Developments, 2015-2021\n# Opportunities for Transformation and Policy Priorities\n## Building a more inclusive Social Contract through Human Capital investment\n## Strengthening the business climate to accelerate job creation\n## Increasing fiscal revenue and resilience to shocks through climate adaptation\n# An Agenda for Knowledge and Data Gaps\n# References\n# Annexes","[{\"question\":\"What main factors increase pressure on Guatemala’s labor market according to the update?\",\"answer\":\"The report highlights a faster-than-anticipated demographic transition and a changing international context that together intensify labor-market pressure.\"},{\"question\":\"How does COVID-19 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