The Hummingbird Vol.1 No.12

Preliminary Overview of the Economies of Latin America and the Caribbean 2014

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.…

Balance Preliminar de las Economías de América Latina y el Caribe 2014

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.…

Balanço Preliminar das Economias da América Latina e do Caribe 2014. Resumo executivo

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.…

Latin American Economic Outlook 2015: Education, skills and innovation for development

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 …

Perspectivas económicas de América Latina 2015: educación, competencias e innovación para el desarrollo

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…

The use of key indicators to assess Latin America’s long-term economic performance

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 …

Economic growth and real volatility: The case of Latin America and the Caribbean

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

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…

ECLAC Will Release Overview of Region’s Economy in 2014 and Projections for 2015

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…

CEPAL entregará balance de las economías de la región en 2014 y proyecciones para 2015

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…

CEPAL apresentará balanço das economias da região em 2014 e projeções para 2015

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…

Capital Flows to Latin America and the Caribbean: Recent Developments

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 …

Economic survey of the Caribbean 2014: Reduced downside risks and better prospects for a recovery

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.…

Presentación del Estudio Económico de América Latina y el Caribe 2014

Launch of the report Economic Survey of Latin America and the Caribbean 2014

Presentación del informe Estudio Económico de América Latina y el Caribe 2014

Economic Survey of Latin America and the Caribbean 2014: Challenges to sustainable growth in a new external context

The 2014 edition of the Economic Survey of Latin America and the Caribbean consists of three parts. Part I considers the economic performance of the region in the first half-year as well as the outlook for the year as a whole, against the backdrop of a world economy marked by opportunities and setbacks. The causes of the modest economic growth forecast for the year are examined and attention is drawn to some of the challenges facing public policymakers. Part II discusses aspects of medium- and long-term economic development in Latin America and the Caribbean. The new external context (slower g…

Estudio Económico de América Latina y el Caribe 2014: desafíos para la sostenibilidad del crecimiento en un nuevo contexto externo

La edición 2014 del Estudio Económico de América Latina y el Caribe consta de tres partes. En la primera se analiza el desempeño de la economía regional durante el primer semestre, así como las perspectivas para todo el año. La segunda parte se centra en aspectos relacionados con el desarrollo económico de América Latina y el Caribe desde una perspectiva de mediano y largo plazo. La tercera parte contiene las notas referentes al desempeño económico de los países de América Latina y el Caribe durante 2013 y el primer semestre de 2014, así como los respectivos anexos estadísticos, en que se mues…

Estudo Econômico da América Latina e do Caribe 2014: Desafios para a sustentabilidade do crescimento em um novo contexto externo. Documento informativo

A presente edição do Estudo Econômico da América Latina e do Caribe corresponde ao ano de 2014. Como em edições anteriores, este documento consta de três partes. Na primeira parte, se analisa o desempenho da economia regional no primeiro semestre de 2014, bem como suas perspectivas para o ano em curso, num contexto em que a evolução da economia mundial apresenta luzes e sombras. Analisam-se, também, as causas do modesto crescimento econômico projetado para o ano e destacam-se alguns desafios para as políticas públicas. Na segunda parte, se discutem aspectos de médio e longo prazo do desenvolv…