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Latin American Economic Outlook 2012
Transforming the State for Development
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- PREFACE
- ACKNOWLEDGEMENTS
- TABLE OF CONTENTS
- Acronyms and abbreviations
- Executive Summary
- CHAPTER ONE - Macroeconomic overview
- CHAPTER TWO - Public administration for development
- CHAPTER THREE - Fiscal policy reform
- CHAPTER FOUR - Reforming education systems
- CHAPTER FIVE - The State and reform of public infrastructure policy
- CHAPTER SIX - Better institutions for innovation and productive development
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. The increased effectiveness of fiscal policy holds the promise to provide resources needed to address the key challenges of economic development. Three key priority areas for investing additional resources have been highlighted by many governments in the region for their potential to raise competitiveness and social inclusion: education, infrastructure and innovation. In each of these areas, more efficient administration and more effective strategic action is needed from states.
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Business & Economics > Forecasting
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Publication year : 2012
License: All rights reserved ©
Times read: 10
