Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.
El PIB de América Latina y el Caribe se contraerá entre un 0.9% y 1% en 2016, según las últimas estimaciones. Esto supone un segundo año consecutivo de crecimiento negativo y un ritmo de contracción al que no se asistía en la región desde principios de la década de los 80.
The OECD Development Centre , CAF and ECLAC will launch their joint report Latin American Economic Outlook 2017 - Youth, Skills and Entrepreneurship at the XXV Ibero-American Summit, Cartagena de Indias, Colombia Friday 28 October 2016; 18:00 P.M Location: Convention Centre Cartagena, Barahona Room
Start-ups are gaining momentum in Latin America. Start-up Latin America 2016: Building an innovative future reviews the dynamics of start-ups and the policies for start-up promotion in four countries in the region – Chile, Colombia, Mexico and Peru. The report reviews the policy mix for start-up promotion and highlights the progress made by each country and future challenges. It identifies good practices in promoting start-ups and lessons learned in Latin America in the design and implementation of policies.
The United Nations Human Settlements Programme (UN Habitat) and the Development Centre of the Organisation for Economic Co-operation and Development (OECD) are pleased to participate at the historic Habitat III conference and reiterate our shared commitment to work together to support efforts by developing countries to address the financing gaps their cities face.
The human and economic costs of air pollution in Africa are growing fast, according to a new OECD Development Centre study on the Cost of Air Pollution in Africa.
Peru has experienced significant improvements in economic growth, well-being and poverty reduction since the introduction of macroeconomic reforms, economic openness and more effective social programmes in the 1990s. However, the country still faces structural challenges to escape the middle-income trap and consolidate its emerging middle class. This report provides policy actions to tackle the main bottlenecks to boost inclusive development and well-being in Peru. In particular this report presents an in-depth analysis and policy recommendations to boost economic diversification and productivity, improve connectivity and reduce informality. Policy actions in these areas demand better institutions and improvements in areas and markets, including research and development and innovation, fiscal policy, education and skills, logistics and transport infrastructure as well as labour and product markets.
English, PDF, 1,005kb
MDCR Peru Vol 2 Overview Spanish
English, PDF, 155kb
IPPMD Meeting 13 14 October agenda
This new high profile report provides details of taxes paid on wages in twenty economies in Latin America and the Caribbean. It covers: personal income taxes and social security contributions paid by employees; social security contributions and payroll taxes paid by employers; cash benefits received by in-work families.
It illustrates how these taxes and benefits are calculated in each member country and examines how they impact on household incomes. The results also enable quantitative cross-country comparisons of labour cost levels and the overall tax and benefit position of single persons and families on different levels of earnings.
The publication shows the amounts of taxes and social security contributions levied and cash benefits received for eight different family types which vary by a combination of household composition and household type. It also presents the resulting average and marginal tax rates (i.e. the tax burden). Average tax rates show that part of gross wage earnings or total labour costs which is taken in tax and social security contributions (both before and after cash benefits). Marginal tax rates show the part of a small increase of gross earnings or total labour costs that is paid in these levies.
The data presented can be used in academic research and to analyse tax, social and economic policies in Latin America and the Caribbean.