Preliminary Overview Of The Economy Of Latin America And The Caribbean 1992

Author : United Nations: Economic Commission for Latin America and the Caribbean
Publisher : UN
ISBN 13 : 9789211215748
Total Pages : 196 pages
Book Rating : 4.2/5 (157 download)

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Download or read book Preliminary Overview of the Economies of Latin America and the Caribbean 2005 written by United Nations: Economic Commission for Latin America and the Caribbean and published by UN. This book was released on 2006-04 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication examines the economic performance of the Latin American and Caribbean region as a whole, and of individual countries, for the year 2005 as well as assessing the outlook for 2006. The regional economy grew for a third consecutive year in 2005 with an estimated GDP growth of 4.3 per cent, with a projected GDP growth rate in 2006 of 4.1 per cent. Per capita GDP is estimated to have risen by about 3 per cent, the unemployment rate fell from 10.3 per cent in 2004 to 9.3 per cent in 2005 and poverty indices showed a decrease. But the region is growing at lower rates than developing countries as a whole (5.7 per cent GDP growth in the period 2003-2006). Latin American and Caribbean sub-regions show distinctive behaviours: the Southern Cone (Argentina, Chile, Uruguay) and the Andean Community countries and, to a certain extent the Caribbean, registered higher growth than Mexico and Central America.