Preliminary Overview of the Economies of Latin America and the Caribbean • 2005 3
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Latin America and the Caribbean • 2005 3 Contents 3DJH Summary Regional panorama Chapter I Introduction $ 'LVWLQFWLYHIHDWXUHVRIUHFHQWWUHQGV % 7KHEXVLQHVVF\FOH & )LVFDOSROLF\DQGH[WHUQDOYXOQHUDELOLW\ ' 7KHODERXUPDUNHW ( &RPSHWLWLYHQHVVDQGPDFURHFRQRPLFSHUIRUPDQFH ) 7KHRXWORRNIRUWKHFRPLQJ\HDU Chapter II The external sector $ ,QWHUQDWLRQDOHQYLURQPHQW 6OLJKWVORZGRZQRIWKHZRUOGHFRQRP\ (IIHFWVRIZRUOGHFRQRPLFDFWLYLW\RQ/DWLQ$PHULFDQDQG&DULEEHDQH[SRUWV &RPPRGLW\SULFHV % 7KHUHJLRQ 7UDGHLQJRRGVDQGVHUYLFHV 7HPVRIWUDGH %DODQFHRISD\PHQWVFXUUHQWDFFRXQW &DSLWDOIORZV Chapter III Macroeconomic policy $ )LVFDOSROLF\ 7KHILVFDODJJUHJDWHV 7KHSXEOLFGHEW 6XEUHJLRQDOSDQRUDPD 6XPPDU\DQGFRQFOXVLRQV % ([FKDQJHUDWHSROLF\ 7KHVLWXDWLRQLQWKHUHJLRQ & 0RQHWDU\SROLF\ ([WHUQDOFRQGLWLRQV 4 Economic Commission for Latin America and the Caribbean (ECLAC) 3DJH Chapter IV Domestic performance $ (FRQRPLFDFWLYLW\DQGLQYHVWPHQW % 'RPHVWLFSULFHV & (PSOR\PHQWDQGZDJHV South America $UJHQWLQD %ROLYDULDQ5HSXEOLFRI9HQH]XHOD %ROLYLD %UD]LO 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