Economic Survey Of Latin America And The Caribbean, by United Nations

By United Nations

This book surveys the most monetary occasions and advancements of 2006 and the 1st half 2007 within the mild of the region's contemporary monetary functionality. The fifty-ninth variation of the survey is aimed to supply extra inputs for the commercial debates bearing on technique of selling a fast, sustainable progress strategy in a position to developing stipulations conducive to an development within the dwelling stipulations within the quarter. It additionally describes a variety of facets of the region's fiscal development dynamics. The tables supplied within the statistical appendix offer prepared entry to facts for contemporary years and facilitate the construction of spreadsheets. The variation is supplemented via a CD-ROM.

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First of all, the average increase in these external sales has been similar or even slightly greater than the rate for goods. In Central America, for instance, in addition to the more widely known cases of Costa Rica and Panama, El Salvador has also posted a rate above the regional average. 22 LATIN AMERICA: AVERAGE GROWTH RATE FOR EXPORTS OF REAL SERVICES (2000-2004/2006 dollars) Paraguay Uruguay Nicaragua Bolivia Haiti Brazil Ecuador Costa Rica Peru Panama South America Argentina Chile Latin America and the Caribbean Honduras Colombia Mexico and Central America Mexico Guatemala Dominican Republic El Salvador Venezuela (Bol.

Finally, some of the countries’ real service exports have been exhibiting noteworthy growth trends. First of all, the average increase in these external sales has been similar or even slightly greater than the rate for goods. In Central America, for instance, in addition to the more widely known cases of Costa Rica and Panama, El Salvador has also posted a rate above the regional average. 22 LATIN AMERICA: AVERAGE GROWTH RATE FOR EXPORTS OF REAL SERVICES (2000-2004/2006 dollars) Paraguay Uruguay Nicaragua Bolivia Haiti Brazil Ecuador Costa Rica Peru Panama South America Argentina Chile Latin America and the Caribbean Honduras Colombia Mexico and Central America Mexico Guatemala Dominican Republic El Salvador Venezuela (Bol.

Competitiveness beyond the short term As described above, the challenge to prolong the current economic boom and provide a solid base for present growth levels implies some serious economic-policy dilemmas, not only in terms of monetary and exchange-rate policy, but also in terms of the management of public accounts. In this sense, one of the main potential contributions of macroeconomic policy in the short term is the reduction of countries’ chronic real volatility, which discourages investment and determines the capacity to achieve and sustain the growth rates needed if the region is to continue improving its social indicators.

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