OECD Recommendations to Boost the Latin American Economy
added: 2009-12-01
Latin America as a whole is showing signs of recovery and stabilization. Economic activity is helped by improving conditions in global financial and commodity markets, as well as recovering exports. It is also underpinned by the stronger policy frameworks developed during the past decade, which have promoted resilience and allowed the implementation of timely responses to counter the crisis. Yet several medium-term features of the Latin America region still cast a shadow over the strength of the coming recovery. Combating poverty and reducing inequality remains a top priority. Many countries continue to struggle with scarce investment, low productivity, dependence on volatile commodity prices and slowing migrant remittances.
