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Latin American Economic Outlook 2010

Latin American Economic Outlook 2010 by OECD Publishing; OECD Development Centre
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Contrary to prevailing wisdom, Latin American countries that opened their markets to international competition during the last decade have not been more vulnerable to the global economic downturn. The OECD Latin American Economic Outlook 2010 provides a fresh analysis of economic trends in the region with a particular focus on the role that international migration and remittances play in shaping the current context.

“This excellent report correctly emphasises the less known and studied aspects of the complex and heterogeneous phenomenon of migration, allowing a broader vision of the topic.” Francisco  Alba,  Centre for Economic and Demographic Studies, Colegio de Mexico

“Among the most interesting surprises by the global economic crisis: so far its impact on Latin America has been less than anticipated. This OECD report offers a clear analysis of the factors that explain this phenomenon.” Moisés Naim, Editor in Chief, Foreign Policy

“The OECD Development Centre has earned a privileged place in studies Latin American economic development. This new report convincingly shows that migration has very positive effects in both sending and receiving countries and highlights the importance of migrants' social protection.” José Antonio Ocampo, Columbia University and former UN Under-Secretary General for Economic and Social Affairs

“From this excellent report we can conclude that the recovery of social indicators will lag behind economic recovery. As a consequence, migration will continue, despite the fall in remittances and the difficulties created by the crisis in countries of destination.” Francisco Rojas Aravena, Secretary General, Latin American Faculty of Social Sciences

“This essential study shows that countries open to the international economy with serious fiscal and monetary policies were better prepared to confront this crisis. The reprot also explains, with realistic analysis, why why migration policies belong on the international agenda.” Ricardo Lagos, former President of Chile

“This report is a must-read, as it provides one of the most interesting sets of data I have seen on migration flows in Latin America and their economic impact on the region.” Andres Oppenheimer, Syndicated Columnist, Miami Herald

“This report breaks new ground in highlighting the relationship between migration and finance. It underlines the key role of migration and remittances in the recovery from the crisis and, in the long-term, in job creation and development.” Dilip Ratha, Manager of the Migration and Remittances Team, World Bank

“This volume suggests that migration can help the development process provided that some interventions are adopted both in the sender and recipient countries.” Mauricio Cárdenas, Senior Fellow and Director of the Latin America Initiative, Brookings Institution

“Policy makers, academics and others interested in Latin American will find here a serious and relevant contribution to advancing their own work.” Santiago Levy, Vice President for Sectors and Knowledge, Inter-American Development Bank

“This edition provides valuable insights on the role of contemporary migration flows in  Latin America: the contribution of remittances; the urgent need to develop innovative financial markets suited for people on the move; and the evolving frame of public policies addressing migration flows.” Rafael Fernandez de Castro Medina, President Felipe Calderon´s Foreign Policy Advisor

Organisation for Economic Co-operation and Development; December 2009
253 pages; ISBN 9789264077911
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Title: Latin American Economic Outlook 2010
Author: OECD Publishing; OECD Development Centre