Latin American Economic Outlook 2021 Working Together for a Better Recovery - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin American Economic Outlook 2021 Working Together for a Better Recovery write by OECD. This book was released on 2021-12-02. Latin American Economic Outlook 2021 Working Together for a Better Recovery available in PDF, EPUB and Kindle. The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy‐making process.
Latin American Economic Outlook 2021
Latin American Economic Outlook 2021 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin American Economic Outlook 2021 write by Oecd. This book was released on 2021-12-13. Latin American Economic Outlook 2021 available in PDF, EPUB and Kindle.
Latin American Economic Outlook 2021 Working Together for a Better Recovery
Latin American Economic Outlook 2021 Working Together for a Better Recovery - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin American Economic Outlook 2021 Working Together for a Better Recovery write by OECD|Economic Commission for Latin America and the Caribbean|CAF Development Bank of Latin America|European Commission. This book was released on 2021. Latin American Economic Outlook 2021 Working Together for a Better Recovery available in PDF, EPUB and Kindle.
Latin American Economic Outlook 2021: Working Together for a Better Recovery
Latin American Economic Outlook 2021: Working Together for a Better Recovery - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin American Economic Outlook 2021: Working Together for a Better Recovery write by NU. CEPAL.. This book was released on . Latin American Economic Outlook 2021: Working Together for a Better Recovery available in PDF, EPUB and Kindle. The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy-making process. Moreover, it stresses the need to promote sustainable and adapted macro-economic frameworks to finance the recovery, as well as the importance of renewing international co-operation to support these policy actions. Finally, the publication includes three crucial cross-cutting themes: climate change and the green recovery, the digital transformation, and gender.The LEO is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the Development Bank of Latin America (CAF) and the European Union (EU).
Regional Economic Outlook, October 2021, Western Hemisphere: A Long Winding Road to Recovery
Regional Economic Outlook, October 2021, Western Hemisphere: A Long Winding Road to Recovery - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook, October 2021, Western Hemisphere: A Long Winding Road to Recovery write by International Monetary. This book was released on 2021-10-21. Regional Economic Outlook, October 2021, Western Hemisphere: A Long Winding Road to Recovery available in PDF, EPUB and Kindle. An economic recovery is underway in Latin America and the Caribbean (LAC) but the pandemic still casts shadows on much of the region. The recovery was robust in the first quarter of 2021 but lost momentum in some countries in the second quarter, reflecting the rebound in COVID-19 cases. Real GDP is projected to grow by 6.3 percent in 2021, followed by a more moderate growth of 3 percent in 2022, but would not catch up with pre-pandemic trends in the medium term as persistent weakness in labor markets raises risks of scarring. Broadly favorable external conditions, high commodity prices, and pent-up demand support short-term growth, while monetary and fiscal policy reversals work in the other direction. Risks to the outlook are tilted downward. Main downside risks are the emergence of more transmissible and deadlier COVID-19 variants, tightening of global financial conditions, sovereign debt rollover risks, and social unrest as a year with heavy election schedule looms. Fiscal policy should allocate sufficient resources for health spending, including vaccination, and continue to support households and firms in a more targeted fashion while the pandemic persists, backed by credible assurances of medium-term debt sustainability to maintain access to finance. Monetary policy has started to address inflationary pressures but should continue to support economic activity insofar as the dynamics of inflation expectations permit. If rising inflation threatens to de-anchor inflation expectations, central banks should tighten monetary policy to signal a commitment to inflation targets and avoid persistent increases in inflation. Preemptive and decisive action should be accompanied with clear and transparent communication. Financial policy should shift from blanket support to targeted support of viable firms, to ensure that necessary labor and capital reallocations are not hindered. Supply-side policies should foster inclusive growth, including through progressive and growth-friendly tax reforms and measures to intensify climate change adaptation and mitigation.
