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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.

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Guyana

Following its contraction in 2005, the Guyana economy achieved significant growth (4.7%), driven mainly by the construction and agriculture sectors. Gasoline subsidies helped to curb inflation. Various infrastructure works, notably those undertaken in preparation for the Cricket World Cup, resulted in some level of fiscal expansion, although fiscal savings were also achieved thanks to the Multilateral Debt Relief Initiative (MDRI).

English

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