Wednesday, April 30, 2014

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[IWS] ECLAC: UPDATED ECONOMIC OVERVIEW OF LATIN AMERICA AND THE CARIBBEAN 2013 [April 2014]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

Economic Commission for Latin America and the Caribbean (ECLAC)

 

UPDATED ECONOMIC OVERVIEW OF LATIN AMERICA AND THE CARIBBEAN 2013 [April 2014]

http://www.eclac.org/cgi-bin/getProd.asp?xml=%20/publicaciones/xml/6/52696/P52696.xml&xsl=/tpl-i/p9f.xsl%20&base=/tpl-i/top-bottom.xslt

or

http://www.eclac.org/publicaciones/xml/6/52696/UpdatedEconomicOverview2013.pdf

[full-text, 29 pages]

 

ABSTRACT

This report updates the analysis set out in the Preliminary Overview of Latin America and the Caribbean 2013, released in December 2013, on the basis of official data published by the countries in the region in the subsequent months, and presents a revised economic outlook for 2014. In addition, it examines the external factors influencing the region's performance and their impact on the different components of the balance of payments and summarizes the challenges and main trends in relation to monetary, exchange-rate and fiscal policy. It confirms the deceleration of growth analysed in the Preliminary Overview, giving a revised regional rate of 2.5% for 2013. This slowdown curbed job creation, but did not drive up the rate of unemployment. The second part of the report reviews the main internal and external factors that will determine the region's economic performance in 2014. Although the world economy is expected to pick up with respect to 2013, Latin America and the Caribbean will grow at a similar rate to the previous year as a result of several factors.

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 

 

 

 

 

 

 

 




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