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Latin American Economic Outlook 2011 - Fiscal Policy and Social Contract presentation discussing the significant impact of the economic crisis on Latin America as presented at the Seventh Meeting of the Budgeting for Results Network in Kingston, Jamaica.
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The Latin American Economic Outlook 2011: How middle-class is Latin America? was presented by Carlos Alvarez in Santo Domingo, Dominican Republic on 9 March 2011, at the Ministry of Economy, Planning and Development (in Spanish).
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Public infrastructure investment and fiscal sustainability in Latin America: Oxymoron or compatible goals? presented at the 13th Banca d'Italia Public Finance Workshop in Perugia, Italy.
The Latin American Economic Outlook 2011: How middle-class is Latin America? was presented in Santo Domingo on 9 March 2011, at the Ministry of Economy, Planning and Development of the Dominican Republic.
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Persistence in educational achievements across generations in Latin America arises from high returns to education, low progressivity in public investment in human capital and lack of access to proper financing. Education and other social policies to boost upward mobility are discussed.
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A strengthened social contract in Latin American countries relies on the improved quality of public services such as health and education, which would build a constituency for a broader tax base.
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Income is very unequally distributed in Latin America – but so too are opportunities for upward mobility. Early childhood development is a powerful mechanism to level the social playing field. More and better secondary education is key.
The uneven global recovery is challenging Latin America and the Caribbean, but the region will emerge stronger from the crisis with high growth potential if it continues deepening integration into the global economy.
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Social protection coverage is quite low in Latin America. This situation represents a challenge for public policy since these low levels of affiliation and irregular contribution histories indicate that pensions will be insufficient in the coming decades.
This paper studies the impact of workers’ remittances on sovereign ratings in 55 developing countries over the period 1993–2006. First, it looks at the determinants of sovereign ratings, including remittance flows.