(December 2, 2014) Economic growth in Latin America and the Caribbean will recover in 2015 and reach 2.2% on average, according to new estimates unveiled today by the Economic Commission for Latin America and the Caribbean (ECLAC).
According to the regional United Nations organization, this moderate rise will take place in the context of the global economy’s slow and heterogeneous recovery, with downward pressure on commodity prices and little dynamism in the region’s external demand as well as an increase in financial uncertainty.
The evolution of the global economy will have different impact…
(2 de diciembre, 2014) El crecimiento de América Latina y el Caribe se recuperará en 2015 y llegará a 2,2% en promedio, según nuevas estimaciones entregadas hoy por la CEPAL.
De acuerdo con el organismo regional de las Naciones Unidas, esta moderada alza se dará en un contexto de una lenta y heterogénea recuperación de la economía mundial, con una dinámica a la baja en los precios de las materias primas y un escaso dinamismo de la demanda externa de la región, además del aumento de la incertidumbre financiera.
El devenir de la economía mundial tendrá efectos diferentes entre los países y…
(2 de dezembro de 2014) O crescimento da América Latina e do Caribe se recuperará em 2015 e chegará a 2,2% em média, segundo novas estimativas apresentadas hoje pela CEPAL.
De acordo com o organismo regional das Nações Unidas, este aumento moderado ocorrerá em um contexto de uma lenta e heterogênea recuperação da economia mundial, com queda nos preços das matérias-primas e um escasso dinamismo da demanda externa da região, além do aumento da incerteza financeira.
O desempenho da economia mundial no futuro terá efeitos diferentes entre os países e sub-regiões em 2015, tal como se observou no de…
This version of the Preliminary Overview of the Economies of Latin America and the Caribbean provides a development overview of the region’s economy in 2014 and growth projections for 2015.…
En la presente versión del Balance Preliminar de las Economías de América Latina y el Caribe se analiza el desempeño de las economías de la región en 2014 y sus perspectivas de de crecimiento y desafíos de política para 2015.…
This version of the Preliminary Overview of the Economies of Latin America and the Caribbean provides a development overview of the region’s economy in 2014 and growth projections for 2015.…
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 …
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…
Este documento analiza las características del último ciclo de desarrollo de la economía uruguaya (1998-2012) y los cambios en la estructura productiva y de las exportaciones. El análisis desarrollado en cada capítulo se complementa con una descripción de las políticas productivas implementadas a lo largo del período de estudio, tanto a nivel sectorial, como horizontal en tres dimensiones: inversión, exportaciones e innovación.…
This paper analyzes Joan Robinson's growth model and then adapts it in order to provide an explanatory taxonomy of Growth Eras. The Growth Eras or Ages were for Robinson a way to provide logical connections between output growth, capital accumulation, the degree of thriftiness, the real wage and illustrate a catalogue of growth possibilities. This modified taxonomy follows the spirit of Robinson's work, but it takes different theoretical approaches. which imply that some of the classifications do not fit perfectly the ones here suggested.
Latin America has moved from a Golden Age in …
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 …
This book explores the changes that have occurred as regards the production structure, trade and society in Central America and the Dominican Republic, and how these have influenced the countries’ growth trajectories. One of the conclusions it reaches is that the subregion overall has enjoyed faster economic growth than the rest of Latin America over the two decades examined, which has helped to raise people’s incomes and living standards. Yet this progress falls far short of what is needed, given the high levels of poverty and indigence and the glaring inequalities suffered by much of the pop…