Colombias gross domestic product gdp per capita almost doubled between 19902017. Data extracted from international monetary fund, world economic outlook database 2015 and maddison 2010 database low middle high 0 5000 0 15000 20000 25000. Revenue statistics in latin america and the caribbean 2019. Several markets posted gains to varying degrees, the main exceptions being argentina and, to a lesser extent, brazil.
Data on mexico across agriculture,development,economy,education,energy,environment,finance,government,health,innovation and technology,jobs,society. Logistics and competitiveness for development productivity, structural change and diversification of production in latin america. Oecd economic outlook pdf oecd economic outlook pdf oecd economic outlook pdf download. They will be joined by television viewers across the globe as brazil attempts to show the world that despite stadia construction delays and social unrest during the confederations cup last summer, it is open for business. This document, which draws on the oecd s most recent semiannual economic outlook, presented by the organisation in june 2015 but with a more targeted view for the region, shows that although latin america is better positioned than in the past to deal with external shocks, there are. After a decade of progress, the region needs innovative inclusivegrowth policies to escape the middleincome trap and strengthen its emerging middle class. Despite setbacks, an uneven global recovery continues. Economic outlook no 95 may 2014 longterm baseline projections. These are concrete signs not only of a determination among the regions leaders to reach out, learn and improve their policies, but of an unshakable optimism that, for latin america, the best is yet to come.
In addition to this modest economic recovery, latin america still faces structural challenges and remains vulnerable to external shocks. Latin america s gdp growth rate has slowed down in 2014, dropping below 1. Latin america s challenge after a euphoric decade, reforms to consolidate recent gains and confront challenges ahead are needed. Last year the country continued to recover too slowly from the strong recession that knocked almost seven percentage points off brazils gdp between 2015 and 2016. The impact of taxes and social sending on inequality and poverty in. The development centre collaborates with oecd experts, international organisations and various latin american thinktanks. Oecd ilibrary latin american economic outlook 2018. The latin american economic outlook analyses issues related to latin americas economic and social. Congo african economic outlook 2015 growth reached 6. The opinions expressed and arguments employed herein do not necessarily reflect the official.
The challenge of financing for development in latin america. World economic outlook and staff studies for the world economic outlook, selected topics 289 boxes 1. Oecd ilibrary latin american economic outlook 2011. The model is the oecd revenue statistics database which is a fundamental reference, backed by a. Oecd cafeclac calculations based on the methodology proposed by felipe, abdon and kumar 2012. Latin america and the caribbean has seen a remarkable socioeconomic progress since the beginning of the century. Latin america economic outlook 4th quarter 2017 4 2. The economic slowdown in latin america continues gdp growth. Oecdeclaccaf 2015, latin american economic outlook 2016.
Many of these are linked to countries transition to higher income and development levels. Yet, large structural vulnerabilities remain and new ones have emerged. Dimmed prospects, with few bright spots against this backdrop, economic growth in latin america and the caribbean has continued to slow, with growth outturns even weaker than anticipated at the time of the april 2014 world economic outlook figure 1. Thus far, the favorable situation internationally has allowed them to enjoy economic health without radical policy changes. The latin american economic outlook 2016 is devoted to the evolving relationship between latin america and china, as well as its prospects in the long term. The oecd formulates recommendations for action and highlights best practices, placing its skills and its rigorous analysis at the service of development in latin america. The report begins with an overview of the main macroeconomic challenges, analysing the complex macroeconomic context in the latin american and caribbean lac region, and exploring. Mar 17, 2020 comprehensive national accounts data from across the region confirmed that latin americas recovery lost steam at the start of the year. This work is published on the responsibility of the secretarygeneral of the oecd. Latin american economic outlook latin american economic. The oecd countries with the lowest gdp per capita in 1990 were chile, czech republic, estonia, hungary, korea, mexico, poland, slovak republic, slovenia and turkey. It is produced in partnership with the united nations economic commission for latin america and the caribbean eclac as well as caf, the development bank of latin america. Oecd ilibrary latin american economic outlook 2015. An estimated 600,000 visitors will descend on brazil for the fifa world cup.
Economic outlook for the latin america and caribbean region. The executive directors met in an informal session, and no decisions were taken at this meeting. Latin america economic outlook second quarter 2018 3 1. The oecd, in partnership with the international labour organisation ilo, the office of the united nations high commissioner for human rights ohchr, and the european union eu, has launched a fouryear programme 20192022 to promote and enable responsible business conduct in latin america and the caribbean rbc lac in nine. Oecd ilibrary latin american economic outlook 2014. Socio economic progress in the region has been remarkable in the past two decades. Email this page authors oecd, caf development bank of latin america and united nations economic commission for latin america and the caribbean 18 oct 20. The latin american economic outlook is the oecd development centre s annual analysis of economic developments in latin america. Despite its chronic need to finance its external deficits, lac today might be better able than in the past to protect local economic activity and employment from external shocks for at least two reasons. Latin american economic outlook 2014 oecd ilibrary. Development in transition leo 2019 presents a fresh analytical approach to the regions development trajectories. Latin american economic outlook 2014 logistics and competitiveness for development latin american economies continue to present relatively stable growth but continued uncertainty with regards to the duration of the commodity boom could pose threats to mediumterm growth and economic development.
Oecd economic outlook pdf the oecd economic outlook is the oecds twiceyearly analysis of the major economic trends and prospects for the next two years. Oecd economic outlook 93 ocel vychodu pdf database. Oecd and latin america and the caribbean organisation. The revenue statistics in latin america and the caribbean publication compiles comparable tax revenue statistics for a number of latin american and caribbean economies, the majority of which are not oecd member countries. Inflation is measured in terms of the annual growth rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. Tax and debt in selected latin american countries, 2014. The policy considerations in this paper should be attributed to imf staff and. Over the last decade, policymakers and the general public became used to good news from this lively continent. Revenue statistics latin american economic outlook. The latin american economic outlook analyses issues related to latin america s economic and social development. Latin america and the caribbean has seen a remarkable socio economic progress since the beginning of the century. Jan 2014 100 brazil mexico argentina peru chile colombia uruguay. Oecd eclaccaf 20, latin american economic outlook 2014. The broad outlook for oecd economies has improved in the past year, and output growth for the area as a whole is projected to rise to nearly 3% a year in.
Evading the middle income trap in latin america gdp per capita. Summary the latin american financial markets held up well in the face of increased volatility in the developed markets and political noise in certain countries. Economic outlook no 96 november 2014 oecd annual projections. Latin america outlook third quarter 2014 latam coordination unit low volatility in international financial markets during the second quarter also extended to those in latin america, with a rise in asset prices, notwithstanding the significant slowdown in the regions economic activity. Contributory factors included reduced concerns about us economic policies and the perception that the us federal reserves interest rate hikes will be gradual. Oecd cafeclac 2014, latin american economic outlook. Launch of the revenue statistics in latin america 2019 25032019. Latin american economic outlook 2016 digital repository.
This edition of the latin american economic outlook provides substantive policy recommendations on how the region can increase its competitiveness and diversify its productive structure. Projections for latin american exports to china 201430, by clusters of countries. Latin american economic outlook 2015 education, skills and innovation for development. Oecd and bric countries have experienced an estimated usd 1.
Latin america economic outlook 1st quarter 2018 6 been joined by those observed in the past few months. Latin american economic outlook 2014 logistics and. The challenge of financing for development in latin america and the caribbean. Each edition includes a detailed macroeconomic overview as well as analysis on the dynamics shaping the region in the context of shifting wealth, particularly. Logistics for competitiveness and development, november 20 6 christian daude, latin americas challenge, oecd observer, no 297, q4 20 7 consensus forecasts, latin america consensus forecasts, april 2014 8 oecd development centre, latin american economic outlook 2014. In objects of desire design and society pdf the complete economic outlook release. Central bank intervenes to support credit and liquidity. Latin american economic outlook 2015 education, skills and innovation. First, for those countries that have done their homework in recent years, the new outlook requires additional steps in terms of economic policy. World bank enterprise survey 2014 proportion of firms that consider the lack of. Latin america macroeconomic outlook a global perspective. Rethinking institutions for development focuses on how institutions can underpin the foundations of a long period of sustained and inclusive growth and increased wellbeing. The oecd formulates recommendations for action and highlights best practices, placing its skills and its rigorous analysis at the service of.
Latin america and the caribbean 2017 mexico spends a relatively low share of its government budget on social benefits in 2014, government expenditure was only 27. The global growth projection for 2015 was lowered to 3. Cepalstat and preliminary overview of the economies of latin america and the caribbean 2014 cepal, 2014. Largely due to weakerthanexpected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3. The organisation for economic cooperation and development oecd. Latin american economies continue to present relatively stable growth but continued uncertainty with regards to the. Each edition includes a detailed macroeconomic overview as well as analysis on the dynamics shaping the region in the context of shifting wealth, particularly towards emerging economies. Economic outlook no 95 may 2014 oecd annual projections. Oecds dissemination platform for all published content books, serials and statistics. This years edition focuses on the prospects and challenges in latin america and the caribbean. Latin america economic outlook third quarter 2016 2 latin america. It matters because its development is built on the twin pillars of democratic government and promarket policies to be found in the oecd. Metrics for policies for wellbeing and sustainable development in latin america and the caribbean.
Oecdfao agricultural outlook oecdfao agricultural outlook. The next 12 months hold a number of opportunities and challenges for latin america. Revenue statistics in latin america and the caribbean. The brazilian economy saw a clear slowdown at the end of 2018 and growth in economic activity for the year was only 1. Logistics and competitiveness for development ebook written by oecd, caf development bank of latin america, united nations economic commission for latin america and the caribbean. Revenue statistics in latin america 2014 revenue statistics in latin america is a joint publication by the organisation for economic cooperation and development oecd centre for tax policy and administration, the oecd development centre, the economic commission for latin america and the caribbean eclac and the interamerican centre of tax. Latin american economic outlook 2015 education, skills and innovation for development consult the full report on line at. An annual publication of the oecd development center, the latin american economic outlook provides original information and comparative indicators on key issues affecting the regions development. Latin american economic outlook latin american economic outlook. It is a forum of countries describing themselves as committed to democracy and the market economy. Increased concentration of people, especially vulnerable populations, and economic assets in risk prone areas has been a key contributing factor oecd, 2014a. This overview is based on the june 2015 oecd economic outlook and is published. Policy evaluation framework on the governance of critical. Latin american economic outlook 2014 logistics and competitiveness for development.
This first edition of the new annual series latin american economic outlook, published by the oecd development centre, is a tribute to latin america and a further step for the oecd in fulfilling its mandate to act as a hub for the discussion of global issues. Latin american economic outlook 2019 summary in english. The oecd economic outlook analyses prospective economic developments in oecd countries over the next two years and. For over 20 years, the oecd has been working closely with countries in latin america and the caribbean lac to facilitate policy dialogue and the dissemination of good practices in areas such as investment, education, inclusiveness, competition, good governance, anticorruption and fiscal policy. Scholars and policy makers from latin america and oecd countries enrich the analytical work of the project. Latin america macroeconomic outlook a global perspective macroeconomic vulnerabilities in an uncertain world. Download the oecd fao agricultural outlook 20192028.
Latin america and the caribbean vs oecd annual % source. Summary financial markets in latin america continued to show significant gains in the past few months. Oecd home development centre latin america and the caribbean. Countries strengthened their macroeconomic situations, living standards improved, and poverty and inequality declined. Growth in latin american and the caribbean is expected to accelerate, driven by. If these middle sectors have stable employment and reasonably robust incomes, then, arguably, they provide a solid foundation for economic progress. Inflation measured by consumer price index cpi is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. This years latin american economic outlook focuses on those in the middle of the income distribution in latin america.
Economic outlook latin america 2nd quarter 2017 3 1. The oecd economic outlook is published on the responsibility of the secretary general of the. Chinas transformation involves a gradual shift in its development strategy, including the rebalancing process from investment to consumption, the demographic transition, the structural. The latin america and caribbean region is particularly exposed. The latin american economic outlook is the oecd development centres annual analysis of economic developments in latin america in partnership with the economic commission for latin america and the caribbean, the development bank of latin america and the european commission. This is the first time in a decade that the region grows less than the oecd average, according to the oecd development centre, the commission for latin american and the caribbean and the development bank for latin america. The latin american economic outlook leo analyses issues related to sustainable and. World economic outlook, unep environmental vulnerability.
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