Brazil’s labour leaders have long argued against pursuing economic growth for its own sake. What matters most, they believe, is not the size of the economic pie but how it’s carved up. In recent years, calls for social justice have increasingly informed policy in Brazil, bringing about a veritable “revolution” in the economy.
The charts show for each of the following countries and territories, and for the years 2009-2011: net ODA receipts, top ten donors of gross ODA, population and GNI per capita and bilateral ODA by sector.
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.
Even though the growing middle class in Latin America is becoming an engine of economic progress, it remains economically vulnerable when compared with high income OECD countries, according to the OECD Development Centre’s Latin American Economic Outlook 2010.
Perspectivas Económicas de América Latina 2011
El año 2010 será un “año de recuperación” crítico para América Latina y las decisiones que se tomen en esta fase serán cruciales para determinar el futuro de estos países, segun el Secretario General de la OCDE.
América Latina tiene que lograr un crecimiento justo, más incluyente. Reducir las disparidades es un imperativo político, económico y moral, según Angel Gurría.
The Latin American Economic Outlook 2010 analyses the impact of the economic crisis in Latin America with a focus on migrations and remittances flows
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Article by Javier Santiso in Portuguese
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Todos ganham - Article by javier Santiso and Ángel Melguizo in Portuguese