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Economic Survey of Latin America and the Caribbean 2013

Three Decades of Uneven and Unstable Growth

image of Economic Survey of Latin America and the Caribbean 2013
The Economic Survey of Latin America and the Caribbean 2013 analyses the policies required to improve the perspectives of sustainable regional growth. It reviews the links between economic growth, investment and employment, as well as the fiscal and monetary policies, industrial, trade and social policies relevant for short and long-term growth. Special attention is given to regional key issues such as its structural heterogeneity, its high levels of inequality and the challenges of environmental sustainability. Additionally, the region’s economic evolution during the first semester of 2013 is analyzed in this survey.

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Regional overview

In 2013, world GDP growth is projected to be similar to that of 2012, while 2014 should see economic growth pick up speed (see table I.1). Notwithstanding the persistent recession in the eurozone in 2013, the developing countries are expected to continue to drive growth in the world economy, while policies adopted by the United States and Japan should help to revitalize their own economies and boost growth worldwide.

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