By United Nations
This can be the fifty fifth version within the sequence which gives an overview of the economies of the Latin the United States and the Caribbean quarter in the course of 2002 and the 1st 1/2 2003. It contains: an summary of the neighborhood economic climate as an entire, by way of macroeconomic guidelines and reforms, inner fiscal functionality and the exterior fiscal quarter; and short analyses of the commercial functionality of 20 international locations together with tables and information for the most fiscal symptoms. The accompanying CD-ROM includes the whole textual content and snap shots, in addition to a statistical appendix together with over four hundred facts tables.
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This can be the fifty fifth version within the sequence which gives an evaluate of the economies of the Latin the United States and the Caribbean sector in the course of 2002 and the 1st 1/2 2003. It contains: an summary of the neighborhood financial system as a complete, by way of macroeconomic rules and reforms, inner financial functionality and the exterior monetary zone; and short analyses of the commercial functionality of 20 nations together with tables and information for the most financial signs.
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Additional info for Economic Survey of Latin America and the Caribbean 2002-2003
A Estimates: Honduras - December 2002 to April 2003; Bolivia, Dominican Republic, Guatemala and Nicaragua - ApriP 2003. Figures for Guatemala, Honduras and Nicaragua do not include rnaquila activities. ti Argentina, Colombra, Ecuador, Mexico and Venezuela. second half of 2002 and in 2003, thanks largely to a vigorous expansion of exports from MERCOSUR, and non-oil exports from the Andean Community 17 (excluding Venezuela) and Chile. United States import records of good% purchased from those countries show a larger increase than that recorded in official national statistics, e~peciallyin 2003.
14, remittances inflows were smaller in 2001, consonant with the slowdown of economic activity in the United States, but they bounced back in 2002. In recent years, workers’ remittances have become one of the most dynamic components of the current account of the balance of payments in Latin America and the Caribbean. Flows of this type are recorded under current transfers. 9 billion in the same period of 2000. Although part of the growth can be attributed to improvements in record keeping and the financial transfer mechanisms used, flows of this type are becoming increasingly imporlant for the region’s external accounts.
A Estimate. Only includes net recipient countries: Bolivia, Brazil, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Paraguay, Peru and Uruguay. 51 Economic Survey of Latin America and the Caribbean 2002-2003 9. 22 This turn for the better seems to be based on FDI, even though inflows in this category have been trending downward continuously since 2000. Financial capital is expected to register a net outflow abroad as in 1999-2002, albeit this time on a smaller scale.
Economic Survey of Latin America and the Caribbean 2002-2003 by United Nations