The Latin American Economic Outlook analyses issues related to Latin America’s economic and social development. Since 2011, the report has been published in conjunction with the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and has tied in with the economic theme of the annual Ibero-American Summit organised by the Ibero- American governments and Ibero-American General Secretariat (SEGIB). In 2013, CAF – development bank of Latin America (CAF) joined the team of authors.
This edition focuses on education, skills and innovation as key inputs for more inclusive …
El informe Perspectivas Económicas de América Latina ofrece un panorama económico regional, así como un análisis de temas relevantes para el desarrollo económico y social de la región. Desde 2011, el informe se publica conjuntamente con la Comisión Económica para América Latina y el Caribe de las Naciones Unidas (CEPAL) y cada edición se vincula al tema económico de la Cumbre Iberoamericana, organizada anualmente por los gobiernos de Iberoamérica y la Secretaría General Iberoamericana (SEGIB). A partir del año 2013, la CAF, Banco de Desarrollo de América Latina, se ha unido al equipo de autor…
Through the astute analysis of official statistics, we can gather a more complete picture of the economic performance of a given country, and understand more fully what have been its drivers, leading to a more effective use of national resources and a more efficient design of policy options. However, the myriad of information and numerical data across the system of macroeconomic statistics can be challenging to interpret in a straightforward manner. In order to synthetically assess economic performance across countries in Latin America we propose the use of a composite indicator, which builds …
Using a new database of quarterly data for 21 countries of Latin America and the Caribbean for the 1990-2012 period, this document shows that the duration of GDP contractions appears to be a rather robust indicator of real volatility, and is negatively correlated with long run growth in Latin America and the Caribbean during the period. These results are consistent with different theoretical hypotheses in the literature that relate the duration of GDP contractions with economic growth. They also show that the relationship between real volatility and economic growth in the region is robust to …
United States Trade Developments 2013-2014, is an annual report prepared by the ECLAC Washington Office. It provides an overview of the most relevant trade developments in the United States trade relations with Latin America and the Caribbean and the measures that inhibit the free flow of goods among countries in the Western Hemisphere.
The report presents trade figures and trends over the last few years to illustrate the nature of the U.S. engagement through trade with the world and with the Latin America and Caribbean region. Special emphasis was given to trade among the U.S., Canada, and Me…
Next Tuesday, December 2, the Economic Commission for Latin America and the Caribbean (ECLAC) will release its development overview of the region’s economy in 2014 and growth projections for 2015.
Alicia Bárcena, ECLAC’s Executive Secretary, will give a press conference at the Commission headquarters in Santiago, Chile, which will take place at 11:00 a.m. and be broadcast live on the institution’s Website.
This panorama is part of the annual report Preliminary Overview of the Economies of Latin America and the Caribbean 2014, to be published shortly.
Media are invited to attend the press confe…
La Comisión Económica para América Latina y el Caribe (CEPAL) presentará el próximo martes 2 de diciembre su balance del desempeño de las economías de la región en 2014 y sus proyecciones de crecimiento para 2015.
Alicia Bárcena, Secretaria Ejecutiva de la CEPAL, dará una conferencia de prensa en la sede de la Comisión en Santiago, Chile, que se realizará a las 11:00 horas y que será transmitida en directo por internet a través del sitio web de la institución.
Este panorama es parte del informe anual Balance Preliminar de las Economías de América Latina y el Caribe 2014, que será publica…
A Comissão Econômica para a América Latina e o Caribe (CEPAL) apresentará na próxima terça-feira, 2 de dezembro o balanço do desempenho das economias da região em 2014 e as projeções de crescimento para 2015.
Alicia Bárcena, Secretária-Executiva da CEPAL, dará uma coletiva de imprensa na sede da Comissão em Santiago, Chile, que se realizará às 11h, 12h de Brasília e que será transmitida ao vivo pelo site da Instituição.
Este panorama faz parte do relatório anual Balanço Preliminar das Economias da América Latina e do Caribe 2014, que será publicado nas próximas semanas.
Os meios d…
For six years, the global economy has been driven by the U.S. Federal Reserve’s policies of easy money. Liquidity has flowed from developed to developing economies, financing infrastructure and corporate investment and allowing consumers to indulge in credit-fuelled retail spending. Thus the effective ending of the Fed’s third round of asset purchases (QE3) at the end of October represents both a watershed and the beginning of a new stage in the world economy. The end of asset-purchases comes at a challenging time for emerging markets, with China’s economy slowing, the Euro zone struggling to …
The current survey provides an overview of the economic performance for 2013 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight member states of the Eastern Caribbean Currency Union (ECCU) and the outlook for 2014 and 2015. Data were collected from a review of reports from national governments and through interviews with government officials in each of the countries analyzed.…
The Latin American and Caribbean region recorded GDP growth of 2.6% in 2013, down from 3.1% in 2012, testifying to the continuation of the economic slowdown apparent in the region since 2011. The countries’ growth rates differed significantly, however.
In 2014 the global economy will present opportunities and threats for Latin America and the Caribbean. The currency depreciation seen in several countries in the region in recent months, possibly strengthened by a shift in future financial flows towards developed countries, could, if sustained, increase incentives for investment in tradable sect…
O escasso dinamismo da economia internacional e a volatilidade financeira caracterizaram a economia mundial em 2013. A maior demanda externa e um crescimento modesto do consumo contribuirão para a recuperação do crescimento da América Latina e do Caribe em 2014.…
El Balance Preliminar de las Economías de América Latina y el Caribe 2013 analiza el desempeño macroeconómico regional y los efectos de la volatilidad financiera internacional en las naciones latinoamericanas y caribeñas. Asimismo, examina el comportamiento de la inversión, las exportaciones y el consumo y entrega recomendaciones de política pública.…
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