Investment attraction and innovation policy, combine to create a favorable bu...cgrowth
This document discusses investment attraction and innovation policy in Peru. It provides context on the global and Latin American economies following the 2008 financial crisis. Some key points:
- Emerging economies recovered faster than advanced economies from the crisis. Latin America saw strong growth of 6.1% in 2010 led by Peru, Brazil, Chile and Colombia.
- Peru has solid economic fundamentals including investment grade credit ratings, low inflation, and continual improvement in its business climate ranking.
- The document outlines Peru's strengths as an investment destination such as natural resources, infrastructure needs, positive international perceptions, and stable macroeconomic policies supportive of private investment.
The document summarizes the state of regional integration in Latin America and identifies key challenges. It notes that Latin American countries trade far less with each other than other regions do internally. While regional integration has reduced tariffs, there remain significant shortcomings like insufficient regulatory harmonization, weak dispute settlement, and complex overlapping integration agreements. For regional integration to maximize benefits, the document argues Latin American countries need to further facilitate intraregional trade as their most conducive path for export diversification, SME growth, and socially inclusive development.
Doing a trade mission to Canada can help Scottish companies expand into the Canadian market. Global Quantum Group participated in an SDI trade mission to Canada in order to grow their existing construction and engineering business. They now have branch offices in Toronto and Calgary thanks to opportunities identified on the trade mission. SDI provides grants to help cover costs of trade missions and introduces Scottish companies to local contacts in Canada to facilitate market entry.
presentation on Canada and business with IndiaRahil Shaikh
The document provides information about Canada, including its currency, major cities, areas of natural beauty, economic sectors, imports/exports, political system, relationships with India, and suggestions to promote economic prosperity. Some key points:
- The Canadian dollar is the 5th most traded reserve currency.
- Major cities include Ottawa, Toronto, Montreal, and Vancouver. Places of interest include Niagara Falls and Quebec City.
- Top exports include vehicles, aircraft, coal, and wheat. Imports include vehicles, petroleum, and computers.
- The political system consists of a House of Commons with elected MPs and an appointed Senate. This system aims to balance representation while excluding fringe parties.
- Canada and India have growing
The BRICS countries (Brazil, Russia, India, China and South Africa) have experienced significant economic growth and increased influence over the past few decades. They established the New Development Bank in 2014 as an alternative to the Western-dominated World Bank and IMF. The BRICS seek to preserve their sovereignty and promote regionalism through organizations like the Shanghai Cooperation Organization, ASEAN, and the African Union. However, they also face weaknesses including economic volatility, environmental issues, and political tensions that could challenge their rising status.
The Sustainable Development Goals: Reality & ProspectsSDGsPlus
The document discusses key aspects of implementing the Sustainable Development Goals (SDGs). It outlines that global frameworks have evolved from the Millennium Development Goals (MDGs) to the more comprehensive SDGs. It also notes that financing development and improving data availability will be critical to supporting implementation of the SDGs. Key implementation areas highlighted include managing population growth, urbanization, and ensuring better development outcomes.
Dr Dev Kambhampati | Doing Business in Malawi - 2013 Country Commercial Guide...Dr Dev Kambhampati
This document provides an overview and guide for doing business in Malawi, including:
- Malawi has a population of over 15 million and an economy based primarily on agriculture, with tobacco, tea, and sugar as major exports.
- Opportunities exist in agricultural equipment, used vehicles, and telecom equipment, while challenges include poor infrastructure, high costs, and bureaucracy.
- The guide covers topics such as finding agents, establishing an office, selling to the government, intellectual property protection, and provides resources for researching the market.
Investment attraction and innovation policy, combine to create a favorable bu...cgrowth
This document discusses investment attraction and innovation policy in Peru. It provides context on the global and Latin American economies following the 2008 financial crisis. Some key points:
- Emerging economies recovered faster than advanced economies from the crisis. Latin America saw strong growth of 6.1% in 2010 led by Peru, Brazil, Chile and Colombia.
- Peru has solid economic fundamentals including investment grade credit ratings, low inflation, and continual improvement in its business climate ranking.
- The document outlines Peru's strengths as an investment destination such as natural resources, infrastructure needs, positive international perceptions, and stable macroeconomic policies supportive of private investment.
The document summarizes the state of regional integration in Latin America and identifies key challenges. It notes that Latin American countries trade far less with each other than other regions do internally. While regional integration has reduced tariffs, there remain significant shortcomings like insufficient regulatory harmonization, weak dispute settlement, and complex overlapping integration agreements. For regional integration to maximize benefits, the document argues Latin American countries need to further facilitate intraregional trade as their most conducive path for export diversification, SME growth, and socially inclusive development.
Doing a trade mission to Canada can help Scottish companies expand into the Canadian market. Global Quantum Group participated in an SDI trade mission to Canada in order to grow their existing construction and engineering business. They now have branch offices in Toronto and Calgary thanks to opportunities identified on the trade mission. SDI provides grants to help cover costs of trade missions and introduces Scottish companies to local contacts in Canada to facilitate market entry.
presentation on Canada and business with IndiaRahil Shaikh
The document provides information about Canada, including its currency, major cities, areas of natural beauty, economic sectors, imports/exports, political system, relationships with India, and suggestions to promote economic prosperity. Some key points:
- The Canadian dollar is the 5th most traded reserve currency.
- Major cities include Ottawa, Toronto, Montreal, and Vancouver. Places of interest include Niagara Falls and Quebec City.
- Top exports include vehicles, aircraft, coal, and wheat. Imports include vehicles, petroleum, and computers.
- The political system consists of a House of Commons with elected MPs and an appointed Senate. This system aims to balance representation while excluding fringe parties.
- Canada and India have growing
The BRICS countries (Brazil, Russia, India, China and South Africa) have experienced significant economic growth and increased influence over the past few decades. They established the New Development Bank in 2014 as an alternative to the Western-dominated World Bank and IMF. The BRICS seek to preserve their sovereignty and promote regionalism through organizations like the Shanghai Cooperation Organization, ASEAN, and the African Union. However, they also face weaknesses including economic volatility, environmental issues, and political tensions that could challenge their rising status.
The Sustainable Development Goals: Reality & ProspectsSDGsPlus
The document discusses key aspects of implementing the Sustainable Development Goals (SDGs). It outlines that global frameworks have evolved from the Millennium Development Goals (MDGs) to the more comprehensive SDGs. It also notes that financing development and improving data availability will be critical to supporting implementation of the SDGs. Key implementation areas highlighted include managing population growth, urbanization, and ensuring better development outcomes.
Dr Dev Kambhampati | Doing Business in Malawi - 2013 Country Commercial Guide...Dr Dev Kambhampati
This document provides an overview and guide for doing business in Malawi, including:
- Malawi has a population of over 15 million and an economy based primarily on agriculture, with tobacco, tea, and sugar as major exports.
- Opportunities exist in agricultural equipment, used vehicles, and telecom equipment, while challenges include poor infrastructure, high costs, and bureaucracy.
- The guide covers topics such as finding agents, establishing an office, selling to the government, intellectual property protection, and provides resources for researching the market.
What can be the impacts of the BRICS new financial institutions?Jimmy Huang
Introduction: The diversity of sources of international development finance has increased dramatically in recent years
Part1: BRICS group signed to create two new financial institutions during the sixth BRICS summit in Brazil in 2014
- New Development Bank (NDB)
- Contingency Reserve Arrangement (CRA)
Part2: China leverages its influence and capitalizes on emerging and developing countries with new financial institutions
- AIIB and Silk Road Fund co-finance One Belt One Road (OBOR)
- AIIB provides an addition to reduce infrastructure-funding gap in Asia
Wrap-up: Understand features of the new development finance institutions and roles of regional finance
This document discusses dimensions of development including definitions from various authors. It provides learning objectives for understanding concepts of development and community development. It examines definitions of development from Tayebwa, Todaro, Perroux, and Rogers which largely agree that development is a multi-dimensional process involving social, economic, and political changes to improve life. Community development is defined as a participatory process to address shared community concerns. National and global development challenges are also reviewed.
The Least Developed Countries Report 2011 puts forward a policy framework for enhancing the development impact of South–South cooperation, and proposes ways to leverage South–South financial cooperation for development in the LDCs.
1. Growth in Latin America has slowed in recent years while political capital is limited.
2. The region is lagging in terms of productivity, skills development, infrastructure investment, and participation in global and regional value chains which has contributed to the middle-income trap.
3. While inequality has decreased with social programs and redistribution, challenges remain in terms of quality jobs, gender equality, and informality which hampers efforts for inclusive growth.
The document discusses regional economic integration agreements and provides information about BRICS (Brazil, Russia, India, China, South Africa). It outlines the formation and focus of the BRICS Forum, including establishing a development bank and addressing issues like poverty, healthcare, and infrastructure. It also provides economic overviews and statistics for each BRICS country, mentions potential new members, challenges faced by BRICS, and concludes that BRICS markets are well positioned for long-term growth despite short-term uncertainties.
On June 10, 2015, FGV Growth & Development held the event “BRICS: Challenges and Opportunities” in Rio de Janeiro. This presentation was given at the event.
BRICS: Challenges and Opportunities
The future of the BRICS economies: the geopolitical strategy of China, the diversity and economic integration among the BRICS, structural transformation, the growth challenges and the reform agenda of China and India, the opportunities for Brazil.
BRICS countries profile, Brazil, Russia, India, China, South Africa, Economyfluffy_fury
The document analyzes the economies of the BRICS countries - Brazil, Russia, India, China, and South Africa. It provides an overview of the key economic indicators and trading partners for each country. It also identifies the main advantages and problems facing their economies, as well as projected growth rates. The risks and policy measures to address those risks are also outlined for each BRICS nation. The document concludes by listing several sources that were referenced in the analysis.
A presentation by Dave Hardy, Principal of Hardy Stevenson and Associates Limited at an event by Scarborough Business Association on February 8, 2017. It was about Scarborough's economy and how to build Scarborough into an economic powerhouse.
This document discusses the BRIC nations (Brazil, Russia, India, China) and their growing economic influence. It notes that by 2050, the BRIC countries are expected to account for over 40% of the world's population and 60% of global GDP. Together, the BRIC nations already account for 40% of the world's population, 25.9% of the world's land area, and 40% of global GDP. The document outlines key economic and demographic statistics for each BRIC country and discusses their future challenges and opportunities to continue growing as economic powers.
Panama has experienced rapid economic growth over the past decade by developing its service sector centered around the Panama Canal. Growth has been led by construction and competitive modern services like finance and trade. However, inequality remains high and education quality needs improvement. Restrictions on skilled immigration prevent skills and knowledge from spreading beyond special economic zones to the wider economy, which would benefit Panamanians. Loosening immigration policies could help address skill shortages and further economic development.
This document discusses the need for new forms of partnerships for development in Africa. It notes that while African economies have grown significantly in recent decades, growth has largely bypassed key sectors and the continent still faces challenges around structural transformation, inclusive growth, and mobilizing development finance. New partnerships will be needed to tap innovative financing mechanisms and additional sources of development funding. Lessons from efforts to achieve the Millennium Development Goals highlight the need to address imbalances in trade and financial systems and the inability of past partnerships to deal with issues like climate change. Emerging trends also require partnerships that can facilitate greater South-South cooperation and integration while avoiding dependence on primary commodities. Regional initiatives may help boost infrastructure investment and cross-border cooperation
The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015. The report warns of the risks associated with the upcoming unwinding of quantitative easing programs in major developed economies.
For more information: http://bit.ly/WESP
The document discusses the BRICS group of emerging economies, which includes Brazil, Russia, India, China, and South Africa. Some key points:
- BRICS has a combined GDP of $16 trillion and accounts for 15% of world exports and over 3 billion people.
- The group aims to promote economic development and cooperation through initiatives like the New Development Bank and Contingency Reserve Arrangement.
- Long-term projections show BRICS economies growing significantly and potentially accounting for half of global GDP by 2050, though they still face challenges around inequality, infrastructure, and other issues.
African Economic Outlook 2015. Nordic dissemination Helsinki.UNU-WIDER
This document provides an outline and summary of the African Economic Outlook 2015 report presented by the UN-WIDER, African Development Bank Group, and Development Research Department. It summarizes that Africa's GDP growth is expected to be 3.7% in 2015 and 4.4% in 2016, driven by agriculture, manufacturing, extractive industries, services, and construction. However, risks to growth include lower commodity prices, pockets of conflict, and currency depreciations. It also discusses Africa's population growth and challenges around job creation, noting the need for innovative, multi-sectoral, and place-based regional development strategies.
BRICS is an acronym that refers to 5 major emerging economies: Brazil, Russia, India, China, and South Africa. The term was coined by economist Jim O'Neill to describe the growing economic power of these countries. Together, BRICS members are developing or newly industrialized countries that aim to improve the global economic situation through cooperation. They seek to reform international financial institutions and expand industrial cooperation to contribute to world peace and development. By 2050, BRICS countries could become 4 of the most dominant economies globally based on their current economic growth and potential.
This document discusses Africa's economic growth acceleration since 2000 and business opportunities on the continent. Some key points:
- Africa's GDP grew at an average of 4.7% annually from 2000-2010, making it the third fastest growing region in the world. This was driven by commodity booms, greater stability, widespread reforms, and urbanization.
- Four sectors - infrastructure, agriculture, resources, and consumer facing - could represent combined revenues of $2.6 trillion by 2020, presenting significant business opportunities. Demand for food and agricultural production is also projected to greatly increase through 2030.
BRICS is an international organization consisting of five major emerging economies: Brazil, Russia, India, China and South Africa. Formed in 2009, BRICS aims to enhance cooperation between these countries in multilateral forums and promote economic and political ties. The organization has led to the establishment of new institutions like the New Development Bank and Contingency Reserve Arrangement that allow BRICS nations to challenge the influence of Western financial bodies like the IMF and World Bank. With nearly half the world's population and a growing share of global GDP, BRICS represents a significant geopolitical force.
The document discusses the BRIC nations (Brazil, Russia, India, China), which were coined in 2001 and expanded to BRICS with the addition of South Africa. It analyzes the economic growth and prospects of each country, noting their reliance on commodities or manufacturing and recent slowdowns. Demographic changes and a growing middle class are factors behind their growth. The document also examines the Next 11 emerging economies and compares growth environment scores. Criticisms of BRICS include a lack of unity while proposals include expanding membership and establishing a joint development bank.
- BRICS is an international organization consisting of Brazil, Russia, India, China and South Africa, the five major emerging economies.
- The objectives of BRICS are to achieve regional development, remove trade barriers and promote economic development and optimum use of resources.
- BRICS summits are held annually, with the first in 2009 and most recent in 2016. The summits have established the New Development Bank and Contingent Reserve Arrangement.
- Collectively BRICS countries account for over 25% of the world's land area and population, as well as 40% of global GDP.
This document summarizes the agenda and notes from a Governing Board meeting of the OECD Development Centre. The meeting covered the following topics:
1. Adoption of the agenda and approval of past meeting summaries
2. A briefing by the Chair and report from the Director
3. Discussion of strategic issues including the Centre's enlargement strategy, membership applications, and fulfilling the objectives of the Bureau
4. Updates on policy impact, publications, and events
5. Scheduling future Governing Board meetings
The document discusses the Sustainable Development Goals and the role of the private sector. It provides context on global economic trends and challenges facing development. It outlines Colombia's progress toward the Millennium Development Goals and integration of the SDGs. The private sector can help by engaging in areas like data, finance, and implementation to achieve sustainable development goals.
What can be the impacts of the BRICS new financial institutions?Jimmy Huang
Introduction: The diversity of sources of international development finance has increased dramatically in recent years
Part1: BRICS group signed to create two new financial institutions during the sixth BRICS summit in Brazil in 2014
- New Development Bank (NDB)
- Contingency Reserve Arrangement (CRA)
Part2: China leverages its influence and capitalizes on emerging and developing countries with new financial institutions
- AIIB and Silk Road Fund co-finance One Belt One Road (OBOR)
- AIIB provides an addition to reduce infrastructure-funding gap in Asia
Wrap-up: Understand features of the new development finance institutions and roles of regional finance
This document discusses dimensions of development including definitions from various authors. It provides learning objectives for understanding concepts of development and community development. It examines definitions of development from Tayebwa, Todaro, Perroux, and Rogers which largely agree that development is a multi-dimensional process involving social, economic, and political changes to improve life. Community development is defined as a participatory process to address shared community concerns. National and global development challenges are also reviewed.
The Least Developed Countries Report 2011 puts forward a policy framework for enhancing the development impact of South–South cooperation, and proposes ways to leverage South–South financial cooperation for development in the LDCs.
1. Growth in Latin America has slowed in recent years while political capital is limited.
2. The region is lagging in terms of productivity, skills development, infrastructure investment, and participation in global and regional value chains which has contributed to the middle-income trap.
3. While inequality has decreased with social programs and redistribution, challenges remain in terms of quality jobs, gender equality, and informality which hampers efforts for inclusive growth.
The document discusses regional economic integration agreements and provides information about BRICS (Brazil, Russia, India, China, South Africa). It outlines the formation and focus of the BRICS Forum, including establishing a development bank and addressing issues like poverty, healthcare, and infrastructure. It also provides economic overviews and statistics for each BRICS country, mentions potential new members, challenges faced by BRICS, and concludes that BRICS markets are well positioned for long-term growth despite short-term uncertainties.
On June 10, 2015, FGV Growth & Development held the event “BRICS: Challenges and Opportunities” in Rio de Janeiro. This presentation was given at the event.
BRICS: Challenges and Opportunities
The future of the BRICS economies: the geopolitical strategy of China, the diversity and economic integration among the BRICS, structural transformation, the growth challenges and the reform agenda of China and India, the opportunities for Brazil.
BRICS countries profile, Brazil, Russia, India, China, South Africa, Economyfluffy_fury
The document analyzes the economies of the BRICS countries - Brazil, Russia, India, China, and South Africa. It provides an overview of the key economic indicators and trading partners for each country. It also identifies the main advantages and problems facing their economies, as well as projected growth rates. The risks and policy measures to address those risks are also outlined for each BRICS nation. The document concludes by listing several sources that were referenced in the analysis.
A presentation by Dave Hardy, Principal of Hardy Stevenson and Associates Limited at an event by Scarborough Business Association on February 8, 2017. It was about Scarborough's economy and how to build Scarborough into an economic powerhouse.
This document discusses the BRIC nations (Brazil, Russia, India, China) and their growing economic influence. It notes that by 2050, the BRIC countries are expected to account for over 40% of the world's population and 60% of global GDP. Together, the BRIC nations already account for 40% of the world's population, 25.9% of the world's land area, and 40% of global GDP. The document outlines key economic and demographic statistics for each BRIC country and discusses their future challenges and opportunities to continue growing as economic powers.
Panama has experienced rapid economic growth over the past decade by developing its service sector centered around the Panama Canal. Growth has been led by construction and competitive modern services like finance and trade. However, inequality remains high and education quality needs improvement. Restrictions on skilled immigration prevent skills and knowledge from spreading beyond special economic zones to the wider economy, which would benefit Panamanians. Loosening immigration policies could help address skill shortages and further economic development.
This document discusses the need for new forms of partnerships for development in Africa. It notes that while African economies have grown significantly in recent decades, growth has largely bypassed key sectors and the continent still faces challenges around structural transformation, inclusive growth, and mobilizing development finance. New partnerships will be needed to tap innovative financing mechanisms and additional sources of development funding. Lessons from efforts to achieve the Millennium Development Goals highlight the need to address imbalances in trade and financial systems and the inability of past partnerships to deal with issues like climate change. Emerging trends also require partnerships that can facilitate greater South-South cooperation and integration while avoiding dependence on primary commodities. Regional initiatives may help boost infrastructure investment and cross-border cooperation
The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015. The report warns of the risks associated with the upcoming unwinding of quantitative easing programs in major developed economies.
For more information: http://bit.ly/WESP
The document discusses the BRICS group of emerging economies, which includes Brazil, Russia, India, China, and South Africa. Some key points:
- BRICS has a combined GDP of $16 trillion and accounts for 15% of world exports and over 3 billion people.
- The group aims to promote economic development and cooperation through initiatives like the New Development Bank and Contingency Reserve Arrangement.
- Long-term projections show BRICS economies growing significantly and potentially accounting for half of global GDP by 2050, though they still face challenges around inequality, infrastructure, and other issues.
African Economic Outlook 2015. Nordic dissemination Helsinki.UNU-WIDER
This document provides an outline and summary of the African Economic Outlook 2015 report presented by the UN-WIDER, African Development Bank Group, and Development Research Department. It summarizes that Africa's GDP growth is expected to be 3.7% in 2015 and 4.4% in 2016, driven by agriculture, manufacturing, extractive industries, services, and construction. However, risks to growth include lower commodity prices, pockets of conflict, and currency depreciations. It also discusses Africa's population growth and challenges around job creation, noting the need for innovative, multi-sectoral, and place-based regional development strategies.
BRICS is an acronym that refers to 5 major emerging economies: Brazil, Russia, India, China, and South Africa. The term was coined by economist Jim O'Neill to describe the growing economic power of these countries. Together, BRICS members are developing or newly industrialized countries that aim to improve the global economic situation through cooperation. They seek to reform international financial institutions and expand industrial cooperation to contribute to world peace and development. By 2050, BRICS countries could become 4 of the most dominant economies globally based on their current economic growth and potential.
This document discusses Africa's economic growth acceleration since 2000 and business opportunities on the continent. Some key points:
- Africa's GDP grew at an average of 4.7% annually from 2000-2010, making it the third fastest growing region in the world. This was driven by commodity booms, greater stability, widespread reforms, and urbanization.
- Four sectors - infrastructure, agriculture, resources, and consumer facing - could represent combined revenues of $2.6 trillion by 2020, presenting significant business opportunities. Demand for food and agricultural production is also projected to greatly increase through 2030.
BRICS is an international organization consisting of five major emerging economies: Brazil, Russia, India, China and South Africa. Formed in 2009, BRICS aims to enhance cooperation between these countries in multilateral forums and promote economic and political ties. The organization has led to the establishment of new institutions like the New Development Bank and Contingency Reserve Arrangement that allow BRICS nations to challenge the influence of Western financial bodies like the IMF and World Bank. With nearly half the world's population and a growing share of global GDP, BRICS represents a significant geopolitical force.
The document discusses the BRIC nations (Brazil, Russia, India, China), which were coined in 2001 and expanded to BRICS with the addition of South Africa. It analyzes the economic growth and prospects of each country, noting their reliance on commodities or manufacturing and recent slowdowns. Demographic changes and a growing middle class are factors behind their growth. The document also examines the Next 11 emerging economies and compares growth environment scores. Criticisms of BRICS include a lack of unity while proposals include expanding membership and establishing a joint development bank.
- BRICS is an international organization consisting of Brazil, Russia, India, China and South Africa, the five major emerging economies.
- The objectives of BRICS are to achieve regional development, remove trade barriers and promote economic development and optimum use of resources.
- BRICS summits are held annually, with the first in 2009 and most recent in 2016. The summits have established the New Development Bank and Contingent Reserve Arrangement.
- Collectively BRICS countries account for over 25% of the world's land area and population, as well as 40% of global GDP.
This document summarizes the agenda and notes from a Governing Board meeting of the OECD Development Centre. The meeting covered the following topics:
1. Adoption of the agenda and approval of past meeting summaries
2. A briefing by the Chair and report from the Director
3. Discussion of strategic issues including the Centre's enlargement strategy, membership applications, and fulfilling the objectives of the Bureau
4. Updates on policy impact, publications, and events
5. Scheduling future Governing Board meetings
The document discusses the Sustainable Development Goals and the role of the private sector. It provides context on global economic trends and challenges facing development. It outlines Colombia's progress toward the Millennium Development Goals and integration of the SDGs. The private sector can help by engaging in areas like data, finance, and implementation to achieve sustainable development goals.
The document discusses evidence on the impact of International Finance Corporation (IFC) tourism investments in Latin America and the Caribbean. It finds that IFC tourism investments have contributed significantly to economic development in the region in 3 key ways:
1) IFC investments in tourism and hospitality projects have helped drive growth of the services sector and national economies in many countries in the region.
2) Resort developments supported by IFC have promoted economic development in less developed regions within countries.
3) Tourism brings substantial benefits to countries through job creation, increased tax revenues, and opportunities for small businesses, helping reduce poverty.
Active with Latin America and the CaribbeanOECDglobal
The OECD and the Latin America and the Caribbean (LAC) region have a growing and dynamic relationship. In January 2016, OECD members decided to strengthen co-operation with the region through the creation of an OECD LAC Regional Programme, launched on 1 June 2016 at the OECD’s Ministerial Council Meeting, with Chile and Peru selected as the Programme’s co-chairs for 2016-2018.
This brochure provides an overview of the breadth and scope of the work carried out within the framework of this co-operation.
The Los Angeles Regional Export Council (LARExC) is a non-profit organization that facilitates exports and foreign direct investment in the Los Angeles region to create jobs. It oversees a strategic plan with four strategies, including targeting high-opportunity industries and markets, to achieve the goal of doubling U.S. exports. LARExC provides programs and services like trade missions and shows, technical assistance, and community resources to help businesses export and invest internationally, particularly in the Pacific Rim and Latin America. Its board of directors includes representatives from the Port of LA, Mayor's office, universities, and business groups to support regional economic development through international trade and investment.
NIDOS Annual SeminarImplications for Scotland In a post-2015 & post-Referendum Era
What do the Referendum and the new post-2015 Framework mean for us in Scotland?
James Mackie, ECDPM, Maastricht, Netherlands
23 October 2014
Colombia offers diverse investment opportunities across many growing sectors like infrastructure, with billions being invested in roads, airports, ports, railways, and energy. The economy has seen strong and stable growth in recent years, with falling poverty and a growing middle class. Colombia has pursued trade agreements and regulatory reforms to improve its business environment and attract foreign investment, which has increased substantially. The country is well positioned geographically and economically within Latin America and as a gateway to the Pacific Alliance market.
HLEG thematic workshop on Measurement of Well Being and Development in Africa...StatsCommunications
HLEG thematic workshop on Measurement of Well Being and Development in Africa, 12-14 November 2015, Durban, South Africa, More information at: www.oecd.org/statistics/measuring-economic-social-progress
- Colombia has a dynamic and stable economy that is the 31st largest in the world and 4th largest in Latin America. It has seen strong and consistent GDP growth in recent years.
- The country has a growing middle class, reducing poverty, and a highly qualified workforce. It also has a strategic location that allows easy access to markets throughout North and South America.
- Colombia offers a variety of investment opportunities across multiple industries and regions. It has over 10 trade agreements providing access to international markets and is pursuing OECD membership to further open its economy.
The document is the 2017 annual report of the Lehigh Valley Economic Development Corporation (LVEDC). It summarizes LVEDC's activities and accomplishments in 2017, including facilitating over 30 business expansion/attraction projects that created over 2,200 jobs and retained over 1,300 jobs. It also discusses LVEDC's new 3-year strategic plan and initiatives to study the regional workforce and support continued economic growth through 2020. Key stats highlighted are the Lehigh Valley GDP reaching a record $39.1 billion and its ranking as a top region by Site Selection magazine.
The Lehigh Valley saw another year of historic economic growth in 2017, which speaks to the remarkable diversity among our various economic sectors, a sign of a well-balanced and multifaceted economy.
The region’s gross domestic product has surpassed the $39 billion mark for the first time in its history. That’s more economic output from the two-county region of 665,000 people than the entire states of Vermont or Wyoming, as well as 108 other countries in the world. And while transportation and warehousing is our fastest-growing sector, manufacturing still makes up a significantly larger portion of our GDP, contributing $6.9 billion, or nearly 18 percent of the total.
We’ve tracked 31 business attraction/expansion projects either announced, under construction, or completed in the Lehigh Valley in 2017, creating more than 2,200 jobs and retaining more than 1,300. LVEDC also provided access to $17.2 million in financing in 2017, resulting in another 810 jobs either created or retained.
Colombia has a dynamic and stable economy that is growing at a steady pace. It has a large and growing middle class, a diverse range of investment opportunities across many sectors, and a strategic location that allows it to access markets throughout Latin America and beyond through its network of trade agreements. Colombia offers low barriers to foreign direct investment, a supportive legal framework, and a pool of qualified local suppliers.
Peru's Foreign Investment Policy towards China: Comparison with other Latin A...María Isabel Osterloh
Politica de atraccion de inversiones del Peru frente a China: Comparacion con otros paises latinoamericanos: Comparacion con los paises de la Alianza del Pacifico
Ponencia dada en la Universidad Nacional Mayor de San Marcos dada el 29 de setiembre, 2017
Conference given at San Marcos National University on September 29, 2017
The document summarizes the role of Mexico within the OECD. It discusses Mexico's membership and participation in the OECD, including how Mexico benefits from identifying reforms through OECD dialogue and how it contributes perspectives from an emerging economy. The summary also outlines Mexico's priorities for its upcoming presidency of the G20 summit, including economic stabilization, financial system strengthening, international financial architecture, food security, and sustainable development.
Colombia offers a dynamic and stable economy with a growing middle class market. It has over 16 trade agreements allowing access to third markets. GDP is projected to grow 3.5% in 2019, faster than most Latin American countries. Unemployment has remained below 10% since 2013 and inflation is expected to remain between 2-4% target. Colombia ranks highly in Latin America for ease of doing business and protecting investors. Investment as a percentage of GDP is over 20% and expected to increase in 2019-2020.
This document provides a summary of the World Bank's publications catalog for July-December 2015. It lists the Bank's annual flagship titles including the World Development Report 2016 on the internet for development, Doing Business 2016 which compares business regulations in 189 economies, and Global Economic Prospects, June 2015 which examines global economic trends with a focus on developing countries. The catalog describes the content and topics covered in these flagship reports. It also provides ordering information and lists the Bank's various online publication platforms.
Subnational Governments Around the World: Parts I & IIOECD Governance
PART I - SYNTHESIS ANALYSIS & PART II - METHODOLOGY AND COUNTRY SAMPLE
Subnational Governments Around the World is a joint OECD/United Cities and Local Government (UCLG) study presenting presents the main organisational and financial indicators related to subnational governments in 101 federal and unitary countries worldwide.
Colombia presents itself as an attractive investment destination with a dynamic and stable economy, a growing middle class, and diverse opportunities across many sectors. It has a trade platform with over 10 trade agreements and is strategically located for business in Latin America. Key strengths include consistent GDP growth, low inflation, a favorable regulatory environment, and major infrastructure investments. Multinational corporations are increasingly choosing Colombia for investment projects.
The document is an OECD territorial review of Chile. It discusses Chile's regional development trends, achievements, and challenges. Some key points:
- Chile has a three-tiered government system of 15 regions, 52 provinces, and 345 municipalities. There are significant economic disparities between regions.
- Rural regions face challenges of declining populations, lack of economic opportunities, and poor access to services. The urban metropolitan region around Santiago faces issues of congestion and pollution.
- Regional development agencies aim to coordinate productive development and support innovation, MSMEs, and human capital development. However, their approach remains somewhat centralized.
- Education is emphasized as a priority to boost human capital and territorial competitiveness,
America latina y el complejo camino hacia el desarrollo el papel de la OCDE-A...José Antonio Ardavín
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Youngest c m in India- Pema Khandu BiographyVoterMood
Pema Khandu, born on August 21, 1979, is an Indian politician and the Chief Minister of Arunachal Pradesh. He is the son of former Chief Minister of Arunachal Pradesh, Dorjee Khandu. Pema Khandu assumed office as the Chief Minister in July 2016, making him one of the youngest Chief Ministers in India at that time.
1. José Antonio ARDAVIN, Head of the Latin America and Caribbean Unit
Global Relations Secretariat
2. About the OECD
Founded in 1961, The Organisation for Economic Co-operation and
Development is a unique forum where governments can compare policy
experiences, seek answers to common problems, identify good practices
and co-ordinate domestic and international policies
3. • In 1948, the OEEC (Organisation for European Economic Co-operation), in charge of
co-ordination of the Marshall Plan, was established.
• In 1957, Treaty of Rome was signed.
• In December 1960, the OEEC became the OECD (Canada and USA join OEEC
members followed then by Japan in 1964 and others later).
• In the 1990’s the Organisation opened to Mexico, 4 Central and Eastern European
countries and Korea.
• In 2001, launches a number of “regional approaches” among them, a Regional Approach
to Latin America and the Caribbean (LAC)
• In 2010, Chile, Estonia, Israel and Slovenia joined the Convention.
• The accession process of Colombia, Latvia and the Russian Federation* is ongoing.
• In May 2007 the OECD started an “Enhanced Engagement” cooperation with Brazil,
China, India, Indonesia and South Africa, currently “Key Partners”
• In 2009, a number Spain and Mexico launch the LAC Initiative
• In 2014 the OECD will start a number of Country Programmes. Peru is one of the
candidate countries to possibly engage through this cooperation tool.
• In 2015, the OECD Council will decide whether to open accession discussions with
Costa Rica and Lithuania. In the intervening period, these countries have presented an
Action Plan of intensified cooperation with the Organisation
Some historical background on the OECD
and highlights on its relationship with Latin America
4. Latin America and the Caribbean
Economic Outlook
LAC and OECD
Growth Rates
Selected LAC Countries
Growth Rates
Source: Data from IMF and CEPLAC
*Estimations for 2013 and previsions for 2014
Source: Data from IMF and Consensus Forecast
* Estimations
** Previsions
During the last decade, Latin America and the Caribbean had one of its best
economic performances with average GDP growth of 5% 2003-2008
5. Low global demand impacts LAC
World trade and LAC GDP growth International commodities prices
Source: Data from IMF Source: Data from Datastream and Bloomberg
-15
-10
-5
0
5
10
15
1980 1985 1990 1995 2000 2005 2010 2015
World trade volume Latin American GDP
0
0.5
1
1.5
2
2.5
3
3.5
4
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Gas Copper Soy
The current economic environment with “flat trade” and lower commodity prices,
is impacting Latin American economies…
6. The new global environment deteriorates
external balance in LAC
Current Account of Latin American and Caribbean countries (%GDP)
Source: Data from IMF
*Estimations for 2013
…and strengthens the need for a less commodity-dependent growth pattern
7. Note: Productive capabilities index (Appendix 2.A2). Higher values in the variable let a country produce a more sophisticated range of goods. At any given
moment, the capacity variable depends on the level of connectivity of the network of products, which is why it is normalised. Thus a value equal to 0 implies
capability levels equal to the worldwide average. A value of 1 (-1) indicates capabilities one standard deviation above (below) that average.
Source: Authors’ calculations based on data from COMTRADE and Feenstra, R. C., R. E. Lipsey, H. Deng, A. C. Ma y H. Mo (2005), “World Trade Flows: 1962-
2000”, NBER Working Paper Nº 11040.
Productive capabilities indicator (1990 vs 2009)
The region has advanced little in structural change
-2
-1.5
-1
-0.5
0
0.5
1
1.5
2
2.5
1990 2009
…and advance in the structural reform agenda
8. Latin America and the Caribbean
Political Outlook
Regional trade and political groupings in LAC
9. Pacific Alliance
The emergence of two major trade
communities is an important development…
Mercosur
2014 2015
Average growth
BBVA Estimates
3.8% 3.7%
2014 2015
Average growth
BBVA Estimates
1.5% 1.8%
Mercosur
Population
(millions)
GDP (US$
billions)
GDP per
capita
FDI (US$
millions)
Trade (US$
billions)
Brasil 199 2,252 11,317 76,110 597
Argentina 41 475 11,585 12,128 176
Paraguay 7 25 3,571 363 23
Uruguay 3 50 16,667 2,906 28
Venezuela 30 381 12,700 899 192
Total 280 3,183 11,368 92,406 1,016
% of LAC 46% 55% 48% 34%
Pacific
Alliance
Population
(millions)
GDP (US$
billions)
GDP per
capita
FDI (US$
millions)
Trade (US$
billions)
Mexico 121 1,178 9,736 15,453 793
Chile 17 270 15,882 30,323 184
Colombia 48 370 7,708 15,649 141
Peru 30 204 6,800 12,244 101
Total 216 2,022 9,361 73,669 1,218
% of LAC 35% 36% 40% 41%
10. …as well as the birth of a new regional political
body which groups all 33 LAC countries
~LAC+Spain
and Portugal
~LAC+US and
Canada
11. The OECD and Latin America
General Context
Regional Programmes/ Initiatives
•Latin America and the Caribbean
•MENA
•SEA
•Central Asia
•Eastern Europe
Global Fora
Environment, Eduction,
Trade, Development…
Committees and
Working Parties
Competition, Investment,
Innovation…
Development Centre
Argentina, Brazil, Colombia,
Costa Rica, Panama, Peru and
the Dominican Rep. In addition to
Mexico and Chile are members.
12. The OECD and Latin America
A wide collaboration on different fronts…
SOE CGRSBOA-C
INVTAX
COMP
H2OINN
LEO LAC
EcF
LR@GLG@G LPO LGGIPISA’L
COMP
INV
INNOVA-Br Eval
CorpG
SOE Water Gov
MWRH
Start-ups
SMEs
Start-ups
Reg/P.Gov
M.Tax
Ctre
PAC
MEX
13. …linked to the work of respective
committees
SOE CGRSBOA-C
INVTAX
COMP
H2OINN
LEO LAC
EcF
LR@GLG@G LPO LGGIPISA’L
COMP
INV
INNOVA-Br Eval
CorpG
SOE Water Gov
MWRH
Start-ups
SMEs
Start-ups
Reg/P.Gov
M.Tax
Ctre
PAC
MEX Pub. Aff / DisseminationCap. Building
14. …and covering different forms of engagement
SOE CGRSBOA-C
INVTAX
COMP
H2OINN
LEO LAC
EcF
LR@GLG@G LPO LGGIPISA’L
COMP
INV
INNOVA-Br Eval
CorpG
SOE Water Gov
MWRH
A highly visible, horizontal,
regional publication
(w/ ECLAC&CAF)
An annual high level regional
forum (w/ IDB & Bercy)
Policy Dialogue: 9 Networks
Committee’s initiative
Delegation’s
LAC Initiative
Regional Publications
“Flagship”
Thematic
Political Engagement
Country Reviews
Start-ups
SMEs
Start-ups
Reg/P.Gov
Regional CentresM.Tax
Ctre
PAC
MEX Pub. Aff / DisseminationCap. Building
15. In the coming years the OECD will work towards providing
a more strategic framework to better support the region in
its institutional, structural, social and green reforms
SOE CGRSBOA-C
INVTAX
COMP
H2OINN
LEO LAC
EcF
LR@GLG@G LPO LGGIPISA’L
COMP
INV
INNOVA-Br Eval
CorpG
SOE Water Gov
MWRH
Start-ups
SMEs
Start-ups
Reg/P.Gov
Going Institutional Going Structural Going Social Going
Green
Horizontal
Comptroller
General
Min. Finance Min. Economy /
Trade
Min. Edu +
Science/Tech
Mins. Soc /
Health /Dev
Min. Env+
SectorSpecific
16. Currently, some “Key Projects” have
extended our key frameworks to the region
OECD Flagship
publications
Key topic
publications
…produced by the
OECD for the region…
…in partnership with 1… …or more key regional organisations
GfG
Latin
America
Currently in
conversations
G@G
Latin
America
Forthcoming in
2014
Pensions
Outlook
Latin
America
Forthcoming
end 2013
17. …and OECD presence has gained prominence
in key regional events
The Secretary General presents the Latin American Economic Outlook as part of the
official programme of the Iberoamerican Summit with the presence of
(from right to left):
• the Secretary General of OAS,
• the Executive Secretary of ECLAC,
• the President of the CAF-Latin American Development Bank
• the Minister of Finance of Panama
18. On the other side of the coin, Latin American countries have
responded very positively through greater participation in
Committees and adherence to OECD Instruments.
Participation in official bodies and adherence to legal instruments
3
8
2 0 1 2 0 1 1 2
2
2
2
4
3
9
0
13
4
2 0 1
3 0 0 0 1 0 0 1 2
2 1
9
6
10
0
0
10
20
30
40
50
60
Bodies
Instruments
19. On the other side of the coin, Latin America’s society is
more and more aware about the OECD …
7140 6203
12114
14778
2370 3616
4869
4655
5756
8205
9013
8491
0
5000
10000
15000
20000
25000
30000
2009 2010 2011 2012
Latin America Chile Brazil
Number of mentions to the OECD in Latin American media
20. …is more and more engaged in obtaining access to
OECD information…
232,712
355,177
396,582
513,448
200,000
300,000
400,000
500,000
600,000
2009 2010 2011 2012
Visitors to OECD Mexico
Centre Webpage
Mexico
50%
Spain
24%
Colombia
8%
Chile
6%
Argentina
4%
Peru
3%
Ecuador
2%
Venezuela
1%
USA
1%
Uruguay
1%
OECD Mexico Centre
Website
Visitors by Country 2012
€400,000
€600,000
€800,000
€1,000,000
Sales from suscriptions to
iLibrary and books in LAC
21. …and more and more engaged with OECD work through
social media
1,835
2,247 7,175
18,930
39,097
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
2009 2010 2011 2012 2013
Followers in Twitter
@ocdeenespanol
53
208 569
1,504
4,288
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
2009 2010 2011 2012 2013
"likes" in
Facebook/DatoOCDE
22. In sum…
• Latin America and the Caribbean had during the last decade one of its
best economic performances, with GDP growth averaging 5%
• Much of this growth was owed to the commodity-prices boom
during the last decade, but also, to some extent, to better policies,
notably the macroeconomic and financial areas
• Notwithstanding, the current post-crisis economic environment
is affecting the region and evidences the need to avoid the
“commodity trap” and engage in structural reforms
• In the coming years, the “better policies” part of the equation
is likely to play a more important role in the development of the
region
• In that context, the relationship of the region with the “hub of
best practices”, the OECD, becomes highly relevant
23. In sum…
• The relationship of the OECD with the LAC region started (formally) as
a regional approach in 2001, then gained a relevant momentum
with the launch of the LAC initative in 2009
• The relation with the region is very dynamic. Key drivers are:
• 2 Member Countries (Mexico and Chile)
• 9 Members of the Development Centre (Argentina, Brazil,
Chile, Colombia, Costa Rica, Mexico, Panama, Peru and the
Dominican Republic)
• 1 Accession candidate (Colombia)
• 1 Key Partner (Brazil)
• 1 Intensified Co-operation Programme (Costa Rica)
• Possibly 1 forthcoming Country Programme (Peru)
• higher participation in Committees and Bodies, and
adherence to OECD Instruments.
24. In sum…
• The amount of work in the region is very significant, with today:
• 9 regional networks with different degrees of
development, engaged in an emerging policy dialogue
• 23 projects in the region in 2013 (5 regional projects, 13
country specific, excluding Mexico and Chile, and 5 incorporating
selected countries from the region)
• A number of annual key events, including the IDB-OECD
LAC Forum, the participation in the Iberoamerican Summit
and other key regional events
• The LAC society is increasingly aware about the OECD, using
OECD information and participating in social media
25. Thank you
“Now this is not the end.
It is not even the beginning
of the end. But it is, perhaps,
the end of the beginning”
And as Wiston Churchill said:
www.oecd.org/latinamerica