Preliminary Overview of the Economies of Latin America and the Caribbean 2003

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 33.5(2003)
cepal.callNumberLC/G.2223-P
cepal.divisionEngEconomic Development Division
cepal.divisionEngStatistics Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.divisionSpaDivisión de Estadísticas
cepal.docTypeInformes periódicos
cepal.idSade13848
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber03.II.G.186
cepal.topicEngBALANCE OF PAYMENTS
cepal.topicEngTRADE IN GOODS AND SERVICES
cepal.topicEngMACROECONOMICS
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngEMPLOYMENT
cepal.topicEngFISCAL AFFAIRS
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicEngPRICES
cepal.topicSpaBALANZA DE PAGOS
cepal.topicSpaCOMERCIO DE BIENES Y SERVICIOS
cepal.topicSpaMACROECONOMÍA
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaEMPLEO
cepal.topicSpaASUNTOS FISCALES
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.topicSpaPRECIOS
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaESTADÍSTICAS
dc.contributor.entityNU. CEPAL
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2014-01-02T14:25:41Z
dc.date.available2014-01-02T14:25:41Z
dc.date.issued2003-12
dc.descriptionIncludes bibliography
dc.description.abstractThis document contains an analysis of and statistics on the economic performance of the region as a whole and of individual Latin American and Caribbean countries in 2003. As predicted by ECLAC in its midyear projections, the economy of Latin America and the Caribbean has grown by 1.5% in 2003. In contrast, the region's per capita GDP remained flat at 1.5% below the 1997 level. The lowest point of the cycle came in the first quarter of 2002, after which the economy began to make a mild recovery. The regional economy is expected to grow by 3.5% in 2004, leaving behind the lost" six-year period that went before, and gradually entering into an expansionary cycle. For the first time since 1997, there is no Latin American economy for which negative growth is projected. This brighter outlook is in part a reflection of the more favourable international environment. The reduction in sovereign risk ratings from their peak levels of September-October 2002, the improvement in raw material prices, the expansion of tourism and the beginnings of an upswing in non-oil exports to the United States are the main positive impulses coming from the international economy. The stronger domestic positions achieved by the countries of the region are also significant, however. After six years of turbulence, most of the countries are emerging with fiscal and monetary policies well in hand and with more competitive exchange rates; even the economies that were overtaken by severe crises have already started to pick up. The six years of negative per capita growth caused social damage that will take time to reverse. There are 20 million more poor Latin Americans in 2003 than there were in 1997. Unemployment (currently 10.7%) has increased by two percentage points during this period. It appears that the projected growth cycle will be stronger in those countries that have managed to reconcile improved economic governance with better political governance and weaker in those where the domestic political situation exhibits greater vulnerability. On the external front, the recovery of the world economy suffers from disequilibria that will have to be addressed primarily by the more developed economies. The Preliminary Overview is prepared every year by ECLAC's Economic Development Division in collaboration with the Statistics and Economic Projections Division, the ECLAC sub-regional offices in Mexico City and Port-of-Spain, and the ECLAC national offices in Bogota, Brasilia and Buenos Aires. It draws on statistical material provided by central banks and statistical offices of the countries in the region."
dc.formatTexto
dc.format.extent159 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211214270
dc.identifier.unSymbolLC/G.2223-P
dc.identifier.urihttps://hdl.handle.net/11362/960
dc.language.isoeng
dc.physicalDescription159 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesPreliminary Overview of the Economies of Latin America and the Caribbean
dc.relation.translationLanguagespa
dc.relation.translationRecordBalance preliminar de las economías de América Latina y el Caribe 2003
dc.relation.translationUrihttps://hdl.handle.net/11362/959
dc.rights.coarDisponible
dc.subject.unbisEngEXTERNAL SECTOR
dc.subject.unbisEngBALANCE OF PAYMENTS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngECONOMIC POLICY
dc.subject.unbisEngEXTERNAL DEBT
dc.subject.unbisEngFOREIGN INVESTMENTS
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngINFLATION
dc.subject.unbisEngUNEMPLOYMENT
dc.subject.unbisEngWAGES
dc.subject.unbisEngTRADE IN SERVICES
dc.subject.unbisEngMONETARY SYSTEMS
dc.subject.unbisEngFINANCIAL RESOURCES
dc.subject.unbisSpaSECTOR EXTERNO
dc.subject.unbisSpaBALANZA DE PAGOS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaDESEMPLEO
dc.subject.unbisSpaDEUDA EXTERNA
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaINFLACION
dc.subject.unbisSpaINVERSIONES EXTRANJERAS
dc.subject.unbisSpaPOLITICA ECONOMICA
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaSALARIOS
dc.subject.unbisSpaCOMERCIO DE SERVICIOS
dc.subject.unbisSpaSISTEMAS MONETARIOS
dc.subject.unbisSpaRECURSOS FINANCIEROS
dc.titlePreliminary Overview of the Economies of Latin America and the Caribbean 2003
dc.type.coarpublicación seriada
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Balance Preliminar de las Economías de América Latina y el Caribe