Latin American Economic Outlook 2018 : rethinking Institutions for development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

CAF Development Bank of Latin America, author.

Economic Commission for Latin America and the Caribbean, author.

Contributor:

CAF Development Bank of Latin America, author.

Economic Commission for Latin America and the Caribbean, author.

Language:

English

Subjects (All):

Economic forecasting--Latin America--Periodicals.

Economic forecasting.

Latin America--Economic conditions--1945---Periodicals.

Latin America.

Physical Description:

1 online resource (256 pages)

Place of Publication:

Paris : OECD, [2018]

Summary:

The Latin American Economic Outlook 2018: Rethinking Institutions for Development focuses on how institutions can underpin the foundations of a long period of sustained and inclusive growth and increased well-being. The report begins with an overview of the main macroeconomic challenges, analysing the complex macroeconomic context in the Latin American and Caribbean (LAC) region, and exploring policy options to boost potential growth, with a particular focus on trade. It then analyses the link between low trust and society's disconnection and dissatisfaction with institutions and a number of long-standing, structural features of the region as well as more recent, contextual dynamics that are shaping LAC's economy, society and politics . In this respect, the report examines how the social contract can be strengthened in LAC, mainly through a state that delivers and responds to citizens' changing demands, as well as through policies and institutions which provide good and equal socio-economic opportunities in a rapidly changing global context.

Contents:

Intro; Foreword; Acknowledgements; Table of contents; Acronyms and abbreviations; Editorial; Executive summary; Overview Rethinking institutions for development: Towards a new state-citizens-market nexus; Chapter 1 The social contract in Latin America and the Caribbean: Situation and policy challenges; The social contract has weakened in LAC owing to the difficulties of institutions to respond to the rising and evolving aspirations of society; A stronger social contract in LAC entails rethinking institutions to overcome persistent socio-economic challenges and promote greater well-being. ConclusionsReferences; Chapter 2 Macroeconomic prospects for Latin America and the Caribbean; A subdued recovery in Latin America and the Caribbean with a brighter global context; Institutions and openness matter; Boosting productivity and potential output through trade; Conclusions; Notes; References; Chapter 3 Institutions to make the state deliver in Latin America and the Caribbean; Towards trustworthy states: strengthening the rule of law and regulatory systems; Towards a better administration: public sector reform to ensure effective governance. Towards a new connection with citizens: Fostering open and transparent statesConclusions and policy recommendations; References; Chapter 4 Institutions to embrace a future of better jobs and greater well-being in Latin America and the Caribbean; Providing better jobs and socio-economic opportunities in a changing global context; Enhancing the efficiency and effectiveness of public finance to foster inclusive growth; Conclusions; References; Country notes; Argentina; Brazil; Chile; Colombia; Costa Rica; Dominican Republic; El Salvador; Mexico; Panama; Paraguay; Peru; Uruguay.

Notes:

Description based on print version record.

ISBN:

92-64-28883-X

OCLC:

1041038305