The purpose of this document is to provide a comprehensive overview of public expenditure in Latin American and Caribbean countries, through the functional classification and social expenditure on the basis of the Social Expenditure Database (SOCX) methodology of the Organisation for Economic Co-operation and Development (OECD). The detailed and comparable statistical information on public spending by purpose and function, as well as by social programme, makes it possible to analyse, formulate and implement public policies that are more efficient and effective. It also allows for greater trans…
This document examines the implementation strategies and execution challenges of three major pieces of legislation that were signed into law in the United States in late 2021 and in 2022. Together they provide more than US$ 2 trillion in authorized funding and incentives for up to ten years to rebuild the country’s infrastructure, accelerate the transition to a green economy, and strengthen the domestic semiconductor industry while promoting job growth, workforce development, and equity. The scale of these laws, given the level of funding required, their complexity, given the multiplicity of g…
El objetivo del presente documento es proporcionar un panorama completo del gasto público en los países de América Latina y el Caribe, a través de la clasificación funcional y del gasto social según la metodología de la base de datos sobre gasto social (SOCX) de la Organización de Cooperación y Desarrollo Económicos (OCDE). Esta información estadística detallada y comparable del gasto público por finalidad y función, así como por programas con fines sociales, permite analizar, formular e implementar políticas públicas más eficientes y eficaces. Además, esta información brinda mayor transparenc…
The Preliminary Overview of the Economies of Latin America and the Caribbean, 2023 shows that economic activity in Latin America and the Caribbean is still on a path of low growth. For 2023, growth in all subregions is expected to be lower than in 2022. In 2024, the growth rate is expected to be lower than in 2023, with GDP growth and job creation slowing further. Importantly, the low growth projected in 2023 and 2024 is not just a temporary problem, but reflects the fall in the trend growth rate of regional GDP.
As noted in this report, the region faces multiple challenges in boosting growth …
El Balance Preliminar de las Economías de América Latina y el Caribe, 2023 muestra que la actividad económica de América Latina y el Caribe continúa en una senda de bajo crecimiento. En 2023 todas las subregiones crecerán menos de lo que lo hicieron en 2022. Para 2024 se espera una tasa de crecimiento menor a la observada en 2023, acentuándose la dinámica de desaceleración del crecimiento del PIB y la creación de empleos. Se enfatiza que el bajo crecimiento esperado en 2023 y 2024 no es solo un problema coyuntural, sino que refleja la caída de la tasa de crecimiento tendencial…
The Economic Commission for Latin America and the Caribbean (ECLAC) released today the Preliminary Overview of the Economies of Latin America and the Caribbean 2023, its last annual report this year, in which it indicates that the region will stay on a path of low growth, which means job creation will decelerate and informality and gender gaps will persist, among other effects.
According to the report – which was presented at a press conference led by the United Nations regional commission’s Executive Secretary, José Manuel Salazar-Xirinachs – Latin America and the Caribbean will grow 2.2% on …
La Comisión Económica para América Latina y el Caribe (CEPAL) entregó hoy el Balance Preliminar de las Economías de América Latina y el Caribe 2023, su último informe anual del presente año, en el cual señala que la región mantendrá la senda de bajo crecimiento, lo que significará una desaceleración en la creación de empleo y la persistencia de la informalidad y de las brechas de género, entre otros efectos.
Según el informe, que fue presentado en una conferencia de prensa encabezada por el Secretario Ejecutivo de la comisión regional de las Naciones Unidas, José Manuel Salazar-Xirinachs, en p…
A Comissão Econômica para a América Latina e o Caribe (CEPAL) apresentou hoje o Balanço Preliminar das Economias da América Latina e do Caribe 2023, seu último relatório anual neste ano, no qual indica que a região manterá um caminho de baixo crescimento, resultando na desaceleração da criação de empregos e na persistência da informalidade e das disparidades de gênero, entre outros efeitos.
Conforme o relatório, apresentado em coletiva de imprensa liderada pelo Secretário Executivo da comissão regional das Nações Unidas, José Manuel Salazar-Xirinachs, em média, a América Latina e o Caribe cres…
The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Thursday, December 14 its annual flagship report Preliminary Overview of the Economies of Latin America and the Caribbean 2023, in which it examines the behavior of the region’s economies over the current year and updates estimates for growth and other economic indicators for 2024.
Specifically, the document will present new Gross Domestic Product (GDP) estimates for the region and all of its countries in 2023 and 2024. In this edition, the report analyzes the economic and social dynamics of the year that is ab…
La Comisión Económica para América Latina y el Caribe (CEPAL) presentará el próximo jueves 14 de diciembre su informe anual (flagship) Balance Preliminar de las Economías de América Latina y el Caribe 2023, en el cual examina el comportamiento de las economías de la región durante el presente año, y actualiza las estimaciones de crecimiento y otros indicadores económicos para 2024.
En particular, el documento presentará nuevas estimaciones del producto interno bruto (PIB) para la región y todos sus países en 2023 y 2024. En esta edición el informe analiza la dinámica económica y social del año…
No dia 14 de dezembro a Comissão Econômica para a América Latina e o Caribe (CEPAL) apresentará seu relatório anual Balanço Preliminar das Economias da América Latina e do Caribe 2023, no qual examina o comportamento das economias da região durante este ano e atualiza as estimativas de crescimento e outros indicadores econômicos para 2024.
O documento apresentará novas estimativas do produto interno bruto (PIB) da região e de seus países em 2023 e 2024. Esta edição do relatório analisa a dinâmica econômica e social registrada em 2023 e discute os riscos e desafios de política que a região enfr…
The Economic Commission for Latin America and the Caribbean (ECLAC) conducted a training on gender statistics and indicators for the Ministry of Finance of Chile and its dependent and related institutions. This training was carried out in the context of the technical assistance that the Division for Gender Affairs, in coordination with the Economic Development Division of ECLAC, conducts for that institution. The training was attended by 70 staff members and consisted of four virtual sessions and an in-person ideas workshop held between November and December 2023.…
La Comisión Económica para América Latina y el Caribe (CEPAL) realizó una capacitación sobre estadísticas e indicadores de género para el Ministerio de Hacienda de Chile y los servicios dependientes y relacionados de la cartera. Esta capacitación se realizó en el marco de la asistencia técnica que mantiene la División de Asuntos de Género en coordinación con la División de Desarrollo Económico de la CEPAL con dicha institución. En la capacitación participaron 70 funcionarias y funcionarios y constó de cuatro sesiones virtuales y un taller de ideas presencial realizados entre noviembre y diciem…
The 2023 edition of the Economic Survey of Latin America and the Caribbean, its seventy-fifth issue, consists of three parts. Part I outlines the region’s economic performance in 2022 and analyses trends in the early months of 2023, as well as the outlook for growth for the year and for 2024. It highlights the external and domestic factors that have influenced the region’s economic performance and how these factors will affect economic growth in the coming years.
Part II of this edition analyses the macroeconomic repercussions of climate change on the economies of Latin America and the Caribbe…
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