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.




The Government of Belize has calculated GDP growth at 5.8% for 2006; this includes a 3.3 percentage point contribution from oil drilling activities which started that same year. Demand for tourism services and the high prices brought by agricultural exports stimulated the performance of the economy, but construction and manufactures contracted. The external debt, which had a fairly short maturity profile, was restructured through new bond issues with terms up to 2029.


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