The Latin American and Caribbean region recorded GDP growth of 2.6% in 2013, down from 3.1% in 2012, testifying to the continuation of the economic slowdown apparent in the region since 2011. The countries’ growth rates differed significantly, however. In 2014 the global economy will present opportunities and threats for Latin America and the Caribbean. The currency depreciation seen in sever…
ECLAC projects growth of 4.3% for the Latin American and Caribbean economy in 2011, lower than the rate in 2010 when the region was rebounding from the impacts of the economic and financial crisis of 2008-2009. The forecast growth rate for 2011, which represents a 3.2% rise in per capita GDP, reflects two main factors: the slacking of global economic growth and the cooling of domestic demand in…
This edition of the Preliminary Overview of the Economies of Latin America and the Caribbean is released amid an extremely complex economic and social context for the region. Latin America is showing a synchronized economic slowdown at the country and sector levels. In contrast to previous years, in 2019 growth in economic activity is slowing in 18 of the 20 countries of Latin America, and in 2…
With annual economic growth for Latin America and the Caribbean being projected at 4,6%, 2008 will mark both the sixth consecutive year of growth and the end of a period which has very few precedents in the economic history of the region. Between 2003 and 2008, regional GDP growth averaged nearly 5% per year, with per capita GDP increasing by over 3% per annum. This growth was coupled with impr…
The 2017 edition of Latin America and the Caribbean in the World Economy reviews international and regional developments from a trade perspective, describing the principal global economic trends and structural changes in international trade, the main areas of trade growth and the changes these drive in the region.
The 2014 edition of Latin America and the Caribbean in the World Economy: Regional integration and value chains amid challenging external conditions has four chapters. Chapter I examines the main features of the international context and their repercussions for world and regional trade. Chapter II looks at Latin American and Caribbean participation in global value chains and confirms that the r…
With external conditions sluggish and highly uncertain as the global economy still struggles to shake off the effects of the economic crisis of 2008-2009, the Latin American and Caribbean region is not isolated from these effects and is projected to record a small drop in gross domestic product (GDP) in 2015, followed by a weak recovery in 2016. Against this backdrop, 2015 will be the third con…
The 2013 edition of Latin America and the Caribbean in the World Economy is subtitled “A sluggish postcrisis, mega trade negotiations and value chains: scope for regional action” and is made up of three chapters. Chapter 1 reviews the main features of the persistently weak global economy and lacklustre world trade and then turns to global and regional trade trends and prospects. Chapter II …
The 2009-2010 edition of Latin America and the Caribbean in the World Economy, which discusses the crisis generated in the developed world and the recovery driven by the emerging economies, is divided into five chapters. Chapter I undertakes a short- and medium-term analysis of the post-crisis international economic situation, concentrating on its implications for international trade prospects …
The 2008-2009 edition of Latin America and the Caribbean in the World Economy is divided into three chapters. Chapter I offers a medium-term view of the current international economic conditions, examining in particular the variables that are most likely to shift global scenarios and affect the position of the Latin America and Caribbean economies in the world economy. The crisis has triggered …