Economic Survey of Latin America and the Caribbean 2006-2007

image of Economic Survey of Latin America and the Caribbean 2006-2007

The publication surveys the main economic events and developments of 2006 and the first half of 2007 in the light of the region’s recent economic performance. The fifty-ninth edition of the survey is aimed to provide further inputs for the economic debates concerning means of promoting a rapid, sustainable growth process capable of creating conditions conducive to an improvement in the living conditions in the region. It also describes various aspects of the regions economic growth dynamics. The tables provided in the statistical appendix provide ready access to data for recent years and facilitate the creation of spreadsheets. The edition is supplemented by a CD-ROM.




In 2006, the Haitian economy again experienced positive GDP growth (2.3%) and a drop in inflation to 10.2% for the 12-month period to December 2006 (down from 14.8% in the previous year). Steps taken to restructure public finances resulted in fiscal equilibrium without monetary financing from the central bank and the economy benefited from the inflow of current transfers to the tune of US$ 1.382 billion, or the equivalent of 29% of GDP.


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