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Preliminary Overview of the Economies of Latin America and the Caribbean 2014

  • Author: UN, ECLAC
  • Publication date: December 2015
  • Page count: 88
  • Language(s) in this book: English
  • Sales number: 15.II.G.2

Available Formats

$30.00
ISBN: 9789211218787
PDF
$15.00
ISBN: 9789210570923

About the book

This publication highlights a regional slowdown in GDP growth. It argues that the currency depreciation seen in several countries in the region could, if sustained, increase incentives for investment in tradeable sectors other than the region’s traditional exports (commodities), while redirecting expenditure to ease pressure on the current account. Growth-supporting industrial, trade, environmental, social and labour policies that take into account the needs of small and medium-sized enterprises, could help lessen the region’s structural heterogeneity. Growth combined with greater equality would thus gain economic and social sustainability, with greater reliance from investment and exports than before. It is argued that this combination would be aided by social covenants for investment.