Gaps in GDP per capita between different countries are directly related to the productivity gaps between their respective economies, with education being the main factor in these differences.
The OECD report "Promoting inclusive growth of productivity in Latin America" says that although the region made progress in reducing poverty over the past 20 years, it still stands out at the global level, because of the unequal income its inhabitants.
The more financially educated people are, more rational their economic and political decisions are, creating greater economic development and better quality of life in society.
This fact is clearly indicated by the results of a comprehensive study by McGraw Hill Financial on financial literacy, which is defined as the ability to understand how the money in the world works, what to do to earn it, and how it is administered.
Report of Costa Rica´s performance, through the selection, measurement and evaluation of a set of variables that include social, economic, environmental and political aspects of development.
Overview of the State of the Nation Report 2015:
In the past five years, the State of the Nation has warned about the severity of the problems that threaten the sustainability of human development, the political system's inability to find answers and the need to correct the country's course. Therefore, in 2011 it was stated that behind the political and economic stability a wearing down of Costa Rica's historical progress could be detected. In 2012 the absence of solid progress was noted and in 2013, the existence of myths about the "country we are," which led to do the same actions being repeated with different results expected. Last year, the Twentieth Report stated that it was the end of an era and the political system was being called on to lead the transition with minimal confrontation and costs for the weaker groups.
Avoiding the generation of power using fossil fuels is a necessary goal, but alleviating the energy poverty in which millions of Central Americans find themselves is a priority.
Bjorn Lomborg's article published in Laprensagrafica.com analyzes the difficult choice between taking measures to prevent global warming, and facilitating the use of cheap fossil fuels -carbon- for 1,200 million poor people in the world.
Although improvements have been noted, the region's human resources are still far from achieving the level necessary to sustain competitive economies at the global level.
The Human Capital Index, constructed by the World Economic Forum, provides a long-term focus on how nations are developing their human capital and establishing workforces prepared for the demands of the increasingly competitive global economy.
the report presents a series of statistics and relevant findings on key demographic, social, economic, environmental and regional policies.
From the introduction:
This document is a tool for Central American societies which can be used for monitoring, analysis and constructing knowledge about the advances and letdowns in sustainable human development in the region during the first decade of the century. Its development is a response to a need for timely, systematic, updated, reliable and easily accessible information for monitoring major demographic, social, economic, environmental and political aspects in the Isthmus. This statistical compendium is part of the actions promoted by the State of the Region Project to make available to various social, academic and institutional sectors the outcomes of the regional platform for information and knowledge on sustainable human development which has been put together over the last 17 years.
Consumer sensitivity to prices implies that tax cuts would promote access and use, contributing to social and economic development.
A report on Telecommunications Taxation in Latin America presents the results of research conducted on behalf of the Latin American Association of Research Centers and Telecommunication Enterprises (AHCIET by its initials in Spanish) on taxation and telecommunications in 11 countries in Latin America (Argentina, Brazil, Chile, Colombia , Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru and Uruguay).
With the title "Guatemala 2032, A Vision for the new Katun", the Ministry of Planning and Programming of the Presidency (Segeplan) has presented a document that attempts to visualise Guatemala over 20 years, and the stages within this transition.
"The country has entered a new and more dangerous phase, a clear erosion of some of the most precious historical advantages of human development."
Synopsis of the Seventeenth Report of the Nation on Sustainable Human Development:
When examined closely, 2010, a year without dramatic events, seemingly calm, reveals the seriousness of the problems experienced by human development in Costa Rica. At first glance it was a year marked by economic, social and political normality: the economy grew moderately, albeit with significant deficits, there was no large-scale social conflicts, increased social investment and also citizens elected a national government and local authorities in two free and fair elections, without incidents or concerns about the results. Even with a deteriorating public security situation, strongly influenced by the regional geopolitics of drugs, the country remains the safest in Central America and attracts a considerable flow of foreign direct investment. Furthermore, it overcame the economic crisis of 2008-2009 without serious setbacks.
According to the UN Development Program (UNDP) index, within Central America Panama comes first at no. 58 followed by Costa Rica (69), El Salvador (105), Honduras (121), Nicaragua (129) and Guatemala at no. 131.
While Panama's ranking has moved up one spot since the last time the UNDP Human Development Index (HDI) was published, Costa Rica and Honduras have slipped back a place.
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Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467
Promote the sustainable development of the tourism sector in Central America and the strengthening of the touristic business businesses in Central America.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 2232 6425