English, PDF, 1,020kb
Recent research associated structural transformation to a change in the type of goods a country produces and exports. This change entails a gradual move towards goods that embody greater physical and/or human capital, which is conceptualized as the “economic complexity” of a country. This paper unveils the determinants of this variable, taking into account the set of factors affecting the degree of economic complexity in countries.
Portuguese, PDF, 88kb
Após uma década de crescimento relativamente forte, a América Latina enfrenta ventos contrários associados ao declínio do comércio, à moderação nos preços das matérias-primas e ao aumento da incerteza relativamente às condições de financiamento externo, de acordo com a mais recente edição das Perspectivas Económicas na América Latina.
Spanish, PDF, 78kb
Después de una década con un crecimiento relativamente fuerte, América Latina se encuentra en estos momentos con vientos en contra, como una menor demanda externa, una moderación de los precios de las materias primas y una incertidumbre creciente acerca de las condiciones financieras externas, según las últimas Perspectivas Económicas de América Latina
The global scenario is less benign for the region due to a downturn in global trade, a decline in commodity prices and increased uncertainty surrounding external financing, says the new Latin American Economic Outlook.
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 OECD will present the eighth edition of the “Latin American Economic Outlook: Logistics and competitiveness for development” on Friday 18 October at 5:00 p.m, in Panama City. This year’s report focuses on how the region can enhance its logistics performance and makes policy recommendations on strengthening trade links, diversifying into higher value-added industries and optimising competitiveness.
English, PDF, 1,460kb
This working paper contributes to the debate around the financing of higher education and calls for a fair distribution of the costs of higher education between the private sector (including students and their families) and the public sector, allocated according to the ratio of private and public benefits and externalities that it generates.
Start-ups are gaining momentum in Latin America's innovation strategies. Start-up Latin America: Promoting Innovation in the Region analyses the role of policies in promoting the creation and expansion of start-ups. It provides a comparative snapshot of recent initiatives in six countries in the region to identify good practices and foster knowledge sharing to improve innovation policy design and implementation.
English, PDF, 2,442kb
Fiscal policy plays an essential role in reducing income inequality in OECD countries while this effect tends to be lower in Latin American economies. This paper adds to the discussion by looking at the issue from a tax-benefit analysis perspective; namely by estimating the impact of the welfare system on the different income groups in Chile and Mexico.
English, PDF, 1,886kb
This paper reviews road concession programmes in Chile, Colombia and Peru over the period 1993-2010 and analyses how their shortcomings have resulted in large extra fiscal costs. Weak State institutions, unclear legislation and deficient contract design have allowed for frequent and costly renegotiation of road concessions.