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Leading OECD work with Latin America and the Caribbean
by OECD
Launched at the OECD’s 2016 Ministerial Council Meeting, the OECD Latin America and the Caribbean Regional Programme (LACRP) aims to support LAC countries advance their reform agenda through four key priorities: increasing productivity, advancing social inclusion, and strengthening institutions and governance, while ensuring Environmental Sustainability. LACRP activities bring and adapt the OECD comparable statistics, policy dialogue, policy assessment, and policy advice to the region, thereby facilitating the broader participation of LAC countries in OECD work and their access to OECD expertise. The LACRP responds to the region’s growing interest for better policies and structural reforms to ensure a strong, inclusive and sustainable recovery from the COVID-19 pandemic.
Since 2019, Brazil has co-chaired the LACRP, together with Mexico, and lead the discussions of the Steering Group to provide strategic guidance to Programme activities. It consists of OECD members, the European Union, 11 nonOECD LAC countries1 and ten International Organisations2 . Brazil also participates in a number of LACRP activities, including the OECD LAC Regional Policy Networks related to competition, corporate governance, state-owned enterprises, fiscal affairs, regulation, investment, open government, budgeting, migration and development.
On 23-24 June 2022, the 2022 Ministerial Summit on Productivity will take place in Brasilia, Brazil, closing the 2019-2022 cycle and opening the 2022-2025 cycle. The event will discuss how the pandemic has significantly affected Global Value Chains with an important reconfiguration of trade patterns and discuss how to optimise the strength and quality of recovery in the region by focusing on the human side of productivity and ways in which to promote a sustainable integration in the international economy. It will gather senior officials from OECD and LAC countries, International Organisations, private sector and civil society representatives, to discuss strategies and actions to boost a productive, human-centred and sustainable integration of the LAC region into the world economy in the aftermath of COVID-19.
“I would like to highlight the role of Brazil as Co-Chair, alongside Mexico, of the OECDLAC Regional Programme. Thanks to this collaboration, we have witnessed how Brazil has not only committed to domestic reform but also to disseminate OECD standards across the region.”
Sybel Galván Gómez, Permanent Representative of Mexico to the OECD
“Since its request for accession, Brazil has intensified its participation in the OECD, in line with its Key Participant Status. We have been present in basically all Committee level meetings, raised the status and substance of participation in different OECD bodies, becoming, for instance, an “associate” in the Competition Policy Committee. We have now adhered to around 40% of OECD “acquis” on the basis of a careful internal coordination work. Time to move!”
Carlos Marcio Cozendey, Ambassador of Brazil to the OECD
1. As established in C(2016)1/FINAL, the LACRP Steering Group is open to representatives from LAC partner countries preferably, but not limited to, those already members of the OECD Development Centre. Non-OECD LAC Members of the Development Centre are Argentina, Brazil, Dominican Republic, Ecuador, El Salvador, Guatemala, Panama,
Paraguay, Peru and Uruguay. Honduras, not being a member of DEV, requested through a letter and was accepted as member of the Steering Group. 2. ECLAC, World Bank, ILO, IADB, SEGIB, SELA, CAF, OAS, EU-LAC Foundation, FLACSO
Brazil takes part in OECD regional flagship publications, including the Latin American Economic Outlook (LEO),
Boosting Productivity and Inclusive Growth in Latin America, Shaping the Digital Transformation in Latin America, Revenue Statistics in Latin America and the Caribbean, and Integrity for Good Governance in Latin America and the Caribbean.
4th Ministerial Summit on PRODUCTIVITY Towards a Productive, Human-centred and Sustainable Integration in the World Economy
Latin American Economic Outlook 2021
WORKING TOGETHER FOR A BETTER RECOVERY
The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy-making process. Moreover, it stresses the need to promote sustainable and adapted macro-economic frameworks to nance the recovery, as well as the importance of renewing international co-operation to support these policy actions. Finally, the publication includes three crucial cross-cutting themes: climate change and the green recovery, the digital transformation, and gender. The LEO is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), the Development Bank of Latin America (CAF) and the European Union (EU). It is the rst pillar of the EU Regional Facility for Development in Transition for Latin America and the Caribbean.
Co-funded by the European Union
PRINT ISBN 978-92-64-63983-6 PDF ISBN 978-92-64-68231-3 Latin American Economic Outlook 2021 WORKING TOGETHER FOR A BETTER RECOVERY Latin American Economic Outlook 2021
WORKING TOGETHER FOR A BETTER RECOVERY
SCAN TO READ THE REPORT
Shaping the Digital Transformation in Latin America
STRENGTHENING PRODUCTIVITY, IMPROVING LIVES
Shaping the Digital Transformation in Latin America STRENGTHENING PRODUCTIVITY, IMPROVING LIVES Integrity for Good Governance in Latin America and the Caribbean FROM COMMITMENTS TO ACTION Boosting Productivity and Inclusive Growth in Latin America
Integrity for Good Governance in Latin America and the Caribbean
FROM COMMITMENTS TO ACTION SCAN TO READ THE REPORTS
Over the past two decades, most Latin American and Caribbean (LAC) countries have experienced robust economic growth and been able to make significant reductions in poverty and income inequality. However, growth in the region was not strong enough to ensure convergence towards levels of per capita income observed in advanced OECD economies. An important part of this underperformance can be explained by weak productivity growth. Should this weakness persist, it will be very difficult for LAC countries to achieve better lives for the majority of families. The present publication portrays the situation of LAC countries and discusses best-practice policies. Participation in global value chains is encouraged to enable knowledge spillovers and a process of learning by doing. More regional trade integration would help this process, as Latin America ranks very low and remains a sizeable outlier. The diffusion of knowledge and technology would be facilitated by making it easier to do business, notably allowing new entrants that are facing high barriers to operate and grow. Improved access to education is important to meet the demand for skills, and to boost innovation and research and development, which is particularly true in a context of fast technological change.
Consult this publication on line at https://doi.org/10.1787/9789264269415-en. This work is published on the OECD iLibrary, which gathers all OECD books, periodicals and statistical databases. Visit www.oecd-ilibrary.org for more information.
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