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Development Centre

Latin American Economic Outlook 2019

Development in Transition

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Published on September 27, 2019

Also available in: Spanish

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Latin America and the Caribbean has seen a remarkable socio-economic progress since the beginning of the century. Countries strengthened their macroeconomic situations, living standards improved, and poverty and inequality declined. Yet, large structural vulnerabilities remain and new ones have emerged. Many of these are linked to countries’ transition to higher income and development levels. The Latin American Economic Outlook 2019: Development in Transition (LEO 2019) presents a fresh analytical approach to the region’s development trajectories. It assesses four development traps relating to productivity, social vulnerability, institutions and the environment. It outlines local opportunities for responding to these traps and seeks ways of improving the interactions and interlinkages between global public goods and national development agendas, all in the context of the United Nations 2030 Agenda. LEO 2019 calls for improving domestic capacities and adopting a new vision of international co-operation as a facilitator to support efforts to achieve sustainable development for all throughout the region.

SUMMARIESavailable in 4 languages

English Latin American Economic Outlook 2019 (Summary in English)
French Perspectives économiques de l’Amérique latine 2019
Spanish Perspectivas económicas de América Latina 2019
Portuguese Perspetivas Económicas para a América Latina 2019

TABLE OF CONTENTS

Foreword
Acronyms and abbreviations
Editorial
Executive summary
Overview: Development in transition in Latin America and the Caribbean: A new approach for inclusive and sustainable development in the region
Socio-economic risks and challenges: A macro-perspective
Changing the lens: Development beyond income
The “new” development traps
Making states more capable: Building and implementing national strategies
International co-operation as a facilitator to address new domestic and global challenges
Special feature: The Caribbean small states
Country Notes14 chapters available
Argentina
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Mexico
Panama
Paraguay
Peru
Uruguay
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