Estudio Económico de América Latina y el Caribe 2019

ECLAC Will Provide Updated Growth Projections for the Region’s Countries

The Economic Commission for Latin America and the Caribbean (ECLAC) will present its annual report Economic Survey of Latin America and the Caribbean 2019 on Wednesday, July 31, at 11 a.m. (GMT -4) at the organization’s headquarters in Santiago, Chile. The report, which will provide updated economic growth projections for the countries of the region, will be unveiled at a press conference led by the Executive Secretary of the United Nations regional organization, Alicia Bárcena. The launch will also be transmitted live via the Internet on the institution’s website (www.cepal.org). The Economic…

CEPAL entregará proyecciones de crecimiento actualizadas para los países de la región

La Comisión Económica para América Latina y el Caribe (CEPAL) presentará su informe anual Estudio Económico de América Latina y el Caribe 2019 el próximo miércoles 31 de julio, a las 11:00 a.m. (GMT -4 hrs.) en la sede principal del organismo en Santiago de Chile. El reporte, que entregará proyecciones de crecimiento económico actualizadas para los países de la región, será dado a conocer en una conferencia de prensa encabezada por la Secretaria Ejecutiva del organismo regional de las Naciones Unidas, Alicia Bárcena. El lanzamiento será transmitido también en directo por internet en el sitio w…

CEPAL apresentará projeções atualizadas de crescimento para os países da região

A Comissão Econômica para a América Latina e o Caribe (CEPAL) apresentará o relatório anual Estudo Econômico da América Latina e do Caribe 2019 na quarta-feira, 31 de julho, às 11h do Chile (12h de Brasília) na sede principal da CEPAL, em Santiago, Chile. O relatório apresentará as projeções atualizadas de crescimento econômico para os países da região e será divulgado em uma coletiva de imprensa liderada pela Secretária-Executiva do organismo regional da ONU, Alicia Bárcena. O lançamento será transmitido ao vivo pelo site da CEPAL (www.cepal.org). Haverá transmissão ao vivo também, por videoc…

U.S. Economic Outlook: Quarterly developments

Highlights: • In the first quarter of 2019, the U.S. economy grew at an above-trend annualized rate of 3.1%, despite the government shutdown and concerns about residual seasonality. Growth was driven by exports and a buildup in inventories. • In May, U.S. employers added just 75,000 jobs, one of the smaller gains since the recession ended in mid-2009. • U.S. consumer price inflation moderated in May, suggesting inflationary pressures remain muted. Over the last 12 months, the all items Consumer Price Index (CPI) rose 1.8%. The core CPI was up 2.0%. • The U.S. current account deficit fell to US…

Capital Flows to Latin America and the Caribbean: First Quarter 2019

This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first quarter of 2019) concerning capital flows to Latin America and the Caribbean.…

The great divide: economic complexity and development paths in Brazil and the Republic of Korea

This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight the relevance of the local market. Product space networks for each decade between 1960 and 2000 are then presented, revealing the significant changes in each country’s position in the international division of labour. Lastly, a structural development index is used to measure economic development in eac…

La gran brecha: complejidad económica y trayectorias de desarrollo del Brasil y la República de Corea

En este artículo se utiliza la metodología del espacio de productos para analizar la relación entre la complejidad económica y el desarrollo económico en el Brasil y la República de Corea. Se toman los datos de importación como indicador de la desventaja comparativa revelada para destacar la relevancia del mercado local, se presenta el espacio de productos correspondiente a cada década comprendida entre 1960 y 2000, para observar los cambios en la posición de ambos países en la división internacional del trabajo, y se utiliza un índice de desarrollo estructural para medir su desarrollo económi…

CEPAL Review no. 127

Revista CEPAL no. 127

La inversión productiva en el desarrollo económico de Chile: evolución y desafíos

Resumen del artículo publicado en Revista CEPAL N° 127, abril de 2019 Autores: Ricardo Ffrench-Davis y Álvaro Díaz…

ECLAC Lowers its Economic Growth Estimates for Latin America and the Caribbean: GDP Will Increase 1.3% in 2019

The Economic Commission for Latin America and the Caribbean (ECLAC) updated its growth projections on economic activity in 2019 for the region’s countries, slightly lowering its estimate for the regional average to 1.3% compared with the 1.7% foreseen in December 2018, when the institution released its annual report Preliminary Overview of the Economies of Latin America and the Caribbean 2018. This new estimate for 2019 -informed today by a press release- is influenced by the complex external scenario as well as domestic dynamics that are being observed in the countries of the region. As in pa…

CEPAL rebaja sus estimaciones de crecimiento económico para América Latina y el Caribe: PIB aumentará 1,3% en 2019

La Comisión Económica para América Latina y el Caribe (CEPAL) actualizó sus proyecciones de crecimiento de la actividad económica para los países de la región durante 2019 y rebajó levemente su estimación para el promedio regional a un 1,3%, comparado con el 1,7% previsto en diciembre 2018 cuando la institución lanzó su informe anual Balance Preliminar de las Economías de América Latina y el Caribe 2018. La nueva estimación para 2019 -informada hoy mediante un comunicado de prensa- está influida por el complejo escenario externo y las dinámicas domésticas que se han venido observando en los pa…

CEPAL reduz suas estimativas de crescimento econômico para a América Latina e o Caribe: PIB aumentará 1,3% em 2019

A Comissão Econômica para a América Latina e o Caribe (CEPAL) atualizou suas projeções de crescimento da atividade econômica para os países da região durante 2019 e reduziu ligeiramente sua estimativa para a média regional para 1,3%, comparado com 1,7%, previsto em dezembro de 2018 quando a Instituição divulgou seu relatório anual Balanço Preliminar das Economias da América Latina e do Caribe 2018. A nova estimativa para 2019 é influenciada pelo complexo cenário externo e as dinâmicas internas que têm sido observados nos países da região. Como nos anos anteriores, a CEPAL projeta uma dinâmica …

Perspectivas económicas de México 2019

La actividad económica de México tendrá un crecimiento real del 1,7% en 2019…

Balance preliminar de las economías de Centroamérica y la República Dominicana en 2018 y perspectivas para 2019

En el presente documento se hace un balance preliminar de las economías de Centroamérica (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua y Panamá) y la República Dominicana en 2018 y se ofrecen perspectivas para 2019. Es un análisis de coyuntura elaborado por la Unidad de Desarrollo Económico de la sede subregional de la Comisión Económica para América Latina y el Caribe (CEPAL) en México, con información disponible al 31 de enero de 2019. Los datos presentados en las secciones de contexto internacional y rasgos generales de este documento se basan en el informe de la CEPAL Balance Pr…

Economic Survey of the Caribbean 2018

The Economic Survey of the Caribbean 2018 analyses the performance of the Caribbean subregion to the global economy. It provides a comparative analysis of global economic growth, commodity price performance, Caribbean growth performance, and unemployment. This is then followed by a subsection on fiscal policy and public debt. Subsequent subsections elaborate on monetary policy, and the external sector. Section II presents country briefs for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, and Trinidad and Tobago, together with the member states of the Eastern Caribbean Currency Union …

Preliminary overview of the economies of the Caribbean 2017–2018

The report provides an overview of the economic performance for 2017 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 2018. Data were collected from a review of reports from subregional institutions as well as national governments and interviews with government officials in each of the countries examined.…

Capital Flows to Latin America and the Caribbean: 2018 Year-in-Review

In 2018, bond issuance from Latin American and the Caribbean (LAC) slowed, bond spreads widened and credit quality deteriorated. The region saw the best and the worst conditions for tapping international capital markets in 2018. In January 2018, issuers from the region placed their highest ever monthly volume of debt in international markets. On the other hand, December 2018, with no issuance recorded, was the worst December on record for LAC issuers. Bond activity in 2018 was affected by a heavy electoral calendar at the domestic level, and by U.S. interest rate hikes, withdrawal of dollar li…

Preliminary Overview of the Economies of Latin America and the Caribbean 2018

The Preliminary Overview of the Economies of Latin America and the Caribbean, one of ECLAC’s most important annual reports, analyzes in its 2018 edition the economic performance of the region throughout the year, the international context and macroeconomic policies implemented by countries, while also providing an outlook for 2019. The Latin American and Caribbean countries are facing a complex global economic scenario over the next few years, with slower growth expected in both the developed countries and the emerging economies, along with increased volatility in international financial marke…