Latin American Economic Outlook 2018 - Rethinking Institutions for Development

Description

Intro Foreword Acknowledgements Table of contents Acronyms and abbreviations Editorial Executive summary Overview -- Rethinking institutions for development: Towards a new state-citizens-market nexus Chapter 1 -- The social contract in Latin America and the Caribbean: Situation and policy challenges The social contract has weakened in LAC owing to the difficulties of institutions to respond to the rising and evolving aspirations of society A stronger social contract in LAC entails rethinking institutions to overcome persistent socio-economic challenges and promote greater well-being ConclusionsReferences Chapter 2 -- Macroeconomic prospects for Latin America and the Caribbean A subdued recovery in Latin America and the Caribbean with a brighter global context Institutions and openness matter Boosting productivity and potential output through trade Conclusions Notes References Chapter 3 -- Institutions to make the state deliver in Latin America and the Caribbean Towards trustworthy states: strengthening the rule of law and regulatory systems Towards a better administration: public sector reform to ensure effective governance Towards a new connection with citizens: Fostering open and transparent statesConclusions and policy recommendations References Chapter 4 -- Institutions to embrace a future of better jobs and greater well-being in Latin America and the Caribbean Providing better jobs and socio-economic opportunities in a changing global context Enhancing the efficiency and effectiveness of public finance to foster inclusive growth Conclusions References Country notes Argentina Brazil Chile Colombia Costa Rica Dominican Republic El Salvador Mexico Panama Paraguay Peru Uruguay