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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.
We need to design a new vision, a new agenda and a unique post-2015 framework addressing economic, social and environmental challenges in a more integrated manner, said Angel Gurría, OECD Secretary-General and Erik Solheim, Chairman of the OECD Development Assistance Committee.
Access data and reports for the Forestry, Fishing and Rural Development sectors from summary statistical reports and access to statistics in our Query Wizard, to analyses of spending and trends in these sectors.
Today, the region’s economic outlook is rather promising, but they should be no cause for complacency as Africa is still facing multiple economic and social challenges.
Evaluating support to private sector development
Harnessing natural resource wealth for economic transformation
Africa’s economy has grown by 5% per year since 2000, but can it sustain this strong performance and benefit more from its abundant resources? Follow the debate at the International Economic Forum on Africa.
Sweden delivered USD 5.24 billion in official development assistance (ODA) last year, or 0.99% of its gross national income (GNI). It is the second most generous member of the OECD’s Development Assistance Committee (DAC), which groups the world’s major donors, when ODA is measured on a GNI basis.
Sweden is a generous aid donor that has put development at the heart of its foreign policy.