After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.
The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.
Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.
Nos últimos anos, o crescimento econômico do Brasil teve o apoio de importantes investimentos e programas sociais do governo, que mobilizaram recursos em todo o país. Esses programas podem ajudar o Brasil a atingir seus objetivos de crescimento econômico sustentado e promover o desenvolvimento social, reduzindo as disparidades regionais.
Brazil’s supreme audit institution – the Federal Court of Accounts (TCU) – has began a process to reform its audit of the Accounts of the President of the Republic to enhance transparency and accountability of federal budget execution.
The OECD’s new Public Governance Review of Brazil’s Supreme Audit Institution – the Federal Court of Accounts (TCU) – assesses the governance arrangements for the external audit of the Accounts of the President of the Republic. The report includes proposals to strengthen the positive impact of the audit on the executive and legislature’s decision making and to encourage public transparency, accountability, and debate.
In Latin American and Caribbean countries the population is growing faster than the world average, intensifying land use and increasing urbanisation. The region is also prone to the negative impact of climate change and natural disasters, putting further pressure on natural resources.
En países latinoamericanos, la población crece a un ritmo mayor que el promedio mundial, lo cual intensifica el uso de la tierra y aumenta la urbanización. La región también es propensa a los impactos negativos del cambio climático y de los desastres naturales.
Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.
A economia brasileira tem e recuperado rapidamente da crise económica global, mas reformas mais amplas são necessárias para estimular o crescimento no longo prazo, dinamizar os investimentos e reduzir ainda mais a pobreza, segundo o mais recente estudo económico realizado pela OCDE sobre o Brasil