The sixty-fifth edition of Economic Survey of Latin America and the Caribbean covers the two-year period 2012 2013. As in previous editions, the first part examines the recent performance of the economies of the region and the outlook for the current year. The second part discusses long-term aspects of the economic development of Latin America and the Caribbean. Country notes, which look at the economic situation of the countries of Latin America and the Caribbean during 2012 and the first half of 2013, may be viewed on the ECLAC webpage (www.eclac.org). These notes are published along with a …
La presente edición del Estudio Económico de América Latina y el Caribe corresponde al bienio 2012-2013. Al igual que en ediciones previas, en la primera parte se analiza el desempeño reciente de las economías de la región y sus perspectivas para el año, y en la segunda se discuten aspectos de largo plazo del desarrollo económico de América Latina y el Caribe. En la página web de la CEPAL pueden consultarse las notas de países, donde se analiza la coyuntura económica de las economías de América Latina y del Caribe durante 2012 y el primer semestre de 2013, así como el anexo estadístico, en el …
In the face of weak global growth in major export markets the Caribbean economies have underperformed. The situation is much more severe among service producers1 which have suffered the decline in tourist arrivals and offshore banking services. The goods producers have benefited from the commodity boom and have tended to show more robust growth. The expectations for 2013 are that growth will be positive in the region with the service producers growing at 1.5per cent and the goods producers at 3.6per cent. This performance will depend heavily on improved performances in the major export markets…
The past, present and future of Latin American development has been the subject of numerous studies, theories and controversies. In this essay, prepared for the fiftieth anniversary of the foundation of the Latin American and Caribbean Institute for Economic and Social Planning (ILPES);, José Antonio Ocampo traces the vicissitudes, achievements and challenges of the region's development, which, as in the rest of the world, has undergone major shifts in the past five decades. Ocampo identifies the region's development challenges, and offers his thoughts on possible ways forward and on…
Estudio económico de América Latina y el Caribe
(24 de marzo, 2013) Este informe realiza un diagnóstico del crecimiento económico durante las tres últimas décadas y presenta propuestas para estimular un aumento de la inversión y de la productividad con el fin de alcanzar un crecimiento más estable y sostenido en el futuro.
Si bien hubo transformaciones económicas profundas en América Latina y el Caribe en este período, persisten elevados grados de desigualdad y pobreza en varios países. Asimismo, y a pesar de la favorable evolución de los términos de intercambio, la acumulación de capital…
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(24 July 2013) As a whole, Latin American and Caribbean countries will grow by 3.0% in 2013, which is similar to last year's growth rate, according to a new ECLAC report launched at a press conference today in Santiago, Chile.
In the Economic Survey of Latin America and the Caribbean 2013, ECLAC states that the lower growth rate than the most recent estimate (3.5% in April) was partly due to slow growth in Brazil and Mexico. In addition, several countries that were growing quickly - such as Chile, Panama and Peru - experienced a sl…
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(24 de julio, 2013) Los países de América Latina y el Caribe crecerán en su conjunto 3,0% en 2013, tasa similar a la registrada el año pasado, según un nuevo informe de la CEPAL dado a conocer hoy en Santiago de Chile en conferencia de prensa.
En su Estudio Económico de América Latina y el Caribe 2013 la CEPAL señala que la caída en el crecimiento con respecto a la última estimación (3,5% en abril pasado) se debe en parte a la baja expansión de Brasil y de México. Asimismo, varios países que venían creciendo a tasas …
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(24 de julho de 2013) Os países da América Latina e do Caribe crescerão em seu conjunto 3,0% em 2013, taxa similar à registrada no ano passado, segundo um novo Relatório da CEPAL divulgado hoje em Santiago do Chile em uma coletiva de imprensa.
Em seu Estudo Econômico da América Latina e do Caribe 2013 a CEPAL indica que a queda no crescimento em relação à última estimativa (3,5% em abril passado) deve-se em parte à baixa expansão do Brasil e do México. Também, vários países que vinham crescendo a taxas e…
The second Caribbean Development Roundtable hosted by the Economic Commission for Latin America and the Caribbean, was held in Guyana, in May 30, 2012. The theme of the meeting was “Macroeconomic Policy for Structural Transformation and Social Protection in Small Sates.”
The participants included the Ministers of Finance of Guyana and of Trinidad and Tobago, the Honourable Ashni Singh and the Honourable Winston Dookeran, and high level policy-makers and regional and international experts. Special guests were a delegation from Brazil.…
Using two standard cycle methodologies (Classical and Deviation Cycle) and a comprehensive sample of 83 countries worldwide, including all developing regions, we show that the Latin American and Caribbean cycle exhibits two distinctive features. First, and most importantly, its expansion performance is shorter and for the most par less imtense than that of the rest of the regions considered, and in particular than that of East Asia and the Pacific, East Asia and the Pacific's expansions last five years longer than those of LAC, and its output gain is 50% greater than that of LAC. Second,…
En este trabajo se presenta una panorámica sobre la relación entre política fiscal y crecimiento económico. Para ello, inicialmente se revisan conceptos microeconómicos básicos que ayudan a entender los costes de eficiencia asociados a la imposición. Armados con estas nociones microeconómicas, posteriormente se realiza una revisión de la literatura reciente sobre las relaciones macroeconómicas entre política presupuestaria y crecimiento económico. En el actual contexto de crisis económica global, las conclusiones obtenidas en la revisión de la literatura combinadas con las características de l…
The current survey provides an overview of the economic performance for 2011 and the outlook for 2012 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and Trinidad and Tobago, and of the eight member countries of the Eastern Caribbean Currency Union (ECCU), namely Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, St Vincent and the Grenadines, Anguilla and Montserrat. The introduction summarizes the economic performance of the Caribbean in 2011 and the growth outcomes for 2012. Section A examines the current global economic difficulties and the challenges p…
Beijing, 18 April 2013 (UN ESCAP Strategic Communications and Advocacy Section) - Asia-Pacific economies will see subdued growth in 2013 after last year's sharp slowdown caused by external factors, the United Nations said here today, adding that efforts to stimulate demand must go hand in hand with macroeconomic course correction to promote broad-based and sustainable development.
Noting that the region's economic progress has been marked by widening income inequalities and severe natural resources depletion, the Economic and Social Survey of Asia and the Pacific 2013: Forward-looking mac…
Beijing, 18 de abril de 2013 (Sección de Comunicación Estratégica y Promoción de la CESPAP) – Las Naciones Unidas indicaron hoy en Beijing que el crecimiento de las economías de Asia y el Pacífico se reducirá en 2013 como consecuencia de la pronunciada desaceleración registrada el pasado año debido a factores externos. Se señaló asimismo que los esfuerzos por estimular la demanda deberán ir acompañados de medidas macroeconómicas de ajuste destinadas a promover un desarrollo sostenible de base amplia.
En el informe titulado Economic and Social Survey of Asia and the Pacific 2013: Forward-lookin…
This report updates the data and estimates set out in the Preliminary Overview of Latin America and the Caribbean 2012 (released in December 2012);, and it provides a summary analysis of economic trends on the basis of recent information. The revised statistics and analysis confirm the major trends identified in the Preliminary Overview and put GDP growth in Latin America and the Caribbean for 2012 at 3.0% (the Preliminary Overview projection was 3.1%);. In the following pages, figures and information for the entire year are used to assess the region's external context, main monetary, exc…