In 2010 the Economic Commission for Latin America and the Caribbean (ECLAC) proposed a comprehensive development strategy entitled Time for equality: closing gaps, opening trails (ECLAC, 2010). From a rights-based perspective, development is treated as an indivisible, rights-based process in which synergies are created between a macroeconomy that pushes back the frontiers of growth as an engine…
The 2009 edition of Social Panorama of Latin America links trends in poverty and income distribution with social protection systems, placing special emphasis on how these systems have responded to the social impacts of the current crisis and on medium- and long-term projections. It focuses in particular on the impact of public transfers, trends in social spending, the mechanisms by which social…
Per capita GDP has grown more in 2003-2007 than at any other time since the 1970s. ECLAC projections indicate that this trend will continue in 2008, which will thus be the fifth year in a row in which per capita GDP has risen at over 3% per annum. This increase has made further progress in poverty reduction possible, together with a decline in unemployment. Some countries have seen improvements…
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…
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 compl…
The Preliminary Overview of the Economies of Latin America and the Caribbean, one of ECLAC’s most important annual reports, analyzes in its 2017 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 2018.
The Preliminary Overview of the Economies of Latin America and the Caribbean, one of ECLAC’s most important annual reports, analyzes in its 2016 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 2017.
This version of the Preliminary Overview of the Economies of Latin America and the Caribbean provides a development overview of the region’s economy in 2014 and growth projections for 2015.
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…