Latin American Economic Outlook 2024 : Financing Sustainable Development / OECD.

Format:

Book

Author/Creator:

OECD, author, issuing body.

Language:

English

Subjects (All):

Sustainable development.

Physical Description:

1 online resource (262 pages)

Place of Publication:

Paris : OECD Publishing, 2024.

Summary:

In order to fund their ambitious sustainable development agendas, Latin American and Caribbean countries need to expand their financing sources. This 17th edition of the Latin American Economic Outlook proposes a series of policy options to mobilise the necessary resources, based on co-ordinated actions between policy makers, the private sector and their international partners. It argues that public resources should be invested more efficiently, tax better collected and debt better managed. Even with those improvements, private resources will be equally crucial, as public revenues will not be enough to fund the deep transformations the region needs. The depth, access, inclusiveness and efficiency of financial systems must improve further, especially for the benefit of citizens and smaller firms. Businesses need stronger capital markets to finance their long-term investment projects. The report's recommendations include the use of innovative financial instruments; renewing the role of development finance institutions; reinvigorated international partnerships to mobilise external resources; and the adoption of a shared regional agenda to address the challenging international financing context.

Contents:

Foreword

Acknowledgements

Editorial

Executive summary

Abbreviation and acronyms

Overview

1. Structural socio-economic challenges and financing conditions

2. Public finance for development

3. Rallying financial market resources for development

4. International finance and partnerships to catalyse international resources

5. Country notes.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-83786-8