Latin American Economic Outlook 2009

The Latin American Economic Outlook 2009 will be presented on 28 October 2008 at the XVIII Iberoamerican Summit of San Salvador

Tuesday, October 28, 2008


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Are Latin American governments maximising the potential of fiscal policy as a development tool? This 2009 edition of the annual OECD Latin American Economic Outlook analyses the progress governments in the region have achieved in the fiscal realm during the last decade. It concludes that they could do much more to exploit the ability of fiscal policy to boost economic growth and combat poverty and inequality. In the current context of global financial turmoil, the relevance of fiscal management is more important than ever. This is essential reading for those who want to know more about fiscal policy in Latin America, its impact on development and the challenges that lie ahead.
The link between fiscal policy and development
Latin American governments have not neglected fiscal policy as a macroeconomic stabiliser, but taxation, public spending and ...



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Latin American Economic Outlook 2009

October 2008

The Latin American Economic Outlook 2009 will be presented on 28 October 2008 at the XVIII Iberoamerican Summit of San Salvador

Are Latin American governments maximising the potential of fiscal policy as a development tool? This 2009 edition of the annual OECD Latin American Economic Outlook analyses the progress governments in the region have achieved in the fiscal realm during the last decade.

Panama's brain drain is no more than a trickle

May 2008

Not even one in 10 of Panama's scientists leaves the country to seek a higher salary and more opportunities career advancement – the lowest figure in Latin America and the Caribbean, according to the World Bank.

The World Bank reckons that a country suffers a "brain drain" when 10 percent of its citizens with higher studies in research and development choose to emigrate.

ECLAC: Latin America to Grow 4.1% in 2010

December 2009

Economic recovery from the international crisis in Latin America and the Caribbean will be quicker than expected a few months ago.

In its annual report Preliminary Overview of the Economies of Latin America and the Caribbean 2009, the regional commission of the United Nations projects positive growth rates for most countries, but explains that there is still doubts about whether this recovery will be sustainable over time, given that the external scenario continues uncertain, which may affect growth expectations in the region.

Fitch: Latin American Sovereign Outlook 2009

March 2009

Fitch expects that Latin America’s real GDP will contract by 0.9% in 2009, with Brazil’s economy stagnating at best and Mexico contracting by over 2%.

Latin American economies have recoupled with the crisis in the developed economies. Since September 2008, Latin American countries have been buffeted by stronger external headwinds, as evident from the fall in regional currencies and stock markets and from widening bond spreads.

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