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Latin American Economic Outlook 2012: Transforming the State for Development

Black Caribbean Literature (BCL)
OECD Development Centre (Author)
Book, Whole
Publication Date:
Feb 2012
http://www.worldcat.org/isbn/9789264121706, http://www.oecd-ilibrary.org/docserver/download/4111051e.pdf?expires=1477411975&id=id&accname=ocid43013819&checksum=9E9F35EFF3BEEC83C03528289CD0CB74
Organisation for Economic Co-operation and Development/Organisation de Cooperation et de Developpement Economiques
African American Research Center, Library, University of Illinois at Urbana-Champaign
Subject Term:
Caribbean area, Economic conditions, Politics and government, Education, Latin America, Economic development, Finance, Equality, Public policy, Public administration, Infrastructure, Organization for economic cooperation and development, Fiscal policy
164 p., Even in the midst of a global financial crisis, Latin American and Caribbean economies find themselves in better condition than in years past. Latin America must seize this opportunity to design and implement good public policies. The greatest of the long-term objectives of Latin American states remains development: economic growth and structural change that is rapid, sustainable and inclusive. In particular, governments must reduce inequalities in income, public-service delivery and opportunities, as well as promote the diversification of economies, often concentrated on a few primary-product exports. Improved efficiency of public administration is crucial to address both the short-term and long-term dimensions of these challenges. The real change, however, will come if Latin American and Caribbean states carry out meaningful fiscal reforms, making them not only more efficient but also more effective.