AAAA | Addis Ababa Action Agenda |
ADB | Asian Development Bank |
AFD | French Development Agency (Agence Française de Développement) |
ADR | American Depositary Receipt |
AECID | Spanish Agency for International Development Co-operation |
AI | Artificial intelligence |
ALIDE | Latin American Association of Development Financing Institutions |
ALMPs | Active Labour Market Policies |
APEC | Asia-Pacific Economic Cooperation |
AR | Autoregressive |
ASEAN | Association of Southeast Asian Nations |
B2C | Business-to-Consumer |
BIICC | Climate Change Indicator Indexed Bond |
BIS | Bank for International Settlements |
BNCR | Banco Nacional de Costa Rica |
BROU | Banco República Oriental del Uruguay |
CABEI | Central American Bank for Economic Integration |
CAF | Development Bank of Latin America (Corporación Andina de Fomento) |
CAT | Catastrophe bonds |
CBI | Citizen by Investment programme |
CEESEG | Central and Eastern Europe Stock Exchange Group |
CEMBI | Corporate Emerging Markets Bond Index |
CIT | Corporate income tax |
CIVs | Collective investment vehicles |
CMIM | Chiang Mai Initiative Multilateralisation |
CPI | Consumer Price Index |
CRA | Credit Rating Agencies |
DAC | Development Assistance Committee |
DFIs | Development finance institutions |
DFNS | Debt-for-nature swap |
DSSI | Debt Service Suspension Initiative |
EAP | East Asia and the Pacific |
EATR | Effective average tax rate |
ECLAC | United Nations Economic Commission for Latin America and the Caribbean |
EFP | Equivalent Fiscal Pressure |
EFSD+ | European Fund for Sustainable Development Plus |
EIB | European Investment Bank |
EMBIG | Emerging Markets Bond Index Global |
EMTR | Effective marginal tax rate |
ERTR | Environmentally related tax revenues |
ESG | Environmental, Social, and Governance |
ETR | Effective tax rate |
ETS | Emissions trading systems |
EU | European Union |
FfD4 | Fourth International Conference on Financing for Development |
FDI | Foreign Direct Investment |
FTA | Free Trade Agreement |
G20 | Group of 20 |
GDP | Gross domestic product |
GEMs | Global Emerging Markets |
GGBI | Global Green Bond Initiative |
GGIA | Global Gateway Investment Agenda |
GHG | Greenhouse gas |
GMT | Global minimum effective corporate tax rate |
GNI | Gross national income |
GPGs | Global public goods |
GSSS | Green, social, sustainability, and sustainability-linked bonds |
HEI | Higher Education Institutions |
HHI | Herfindahl-Hirschman Index |
HP | Hodrick-Prescott |
IBRD | International Bank for Reconstruction and Development |
ICMA | International Capital Market Association |
ICTs | Information and Communication Technologies |
IDB | Inter-American Development Bank |
IEA | International Energy Agency |
IFAD | International Fund for Agricultural Development |
IIF | Institute of International Finance |
ILO | International Labour Organization |
IMF | International Monetary Fund |
IPO | Initial Public Offering |
ITID | OECD Investment Tax Incentives Database |
KPI | Key performance indicators |
LAC | Latin America and the Caribbean |
LACIF | Latin America and the Caribbean Investment Facility |
MDB | Multilateral Development Bank |
MENA | Middle East and North Africa |
Mercosur | Common Market of the South (Mercado Común del Sur) |
MILA | Latin American Integrated Market |
MNEs | Multinational enterprises |
MSCI | Morgan Stanley Capital International |
MSMEs | Micro, small and medium-sized enterprises |
MTFFS | Medium-Term Fiscal Frameworks |
MXN | Mexican pesos |
NAFTA | North American Free Trade Agreement |
NDC | Nationally Determined Contributions |
NDPs | National Development Plans |
NFIS | National Financial Inclusion Strategy |
NGO | Non-governmental organisations |
NIM | Net Interest Margin |
NPL | Non-Performing Loan |
NYSE | New York Stock Exchange |
ODA | Official Development Assistance |
OECD | Organisation for Economic Co-operation and Development |
OPHI | Oxford Poverty and Human Development Initiative |
PAYG | Pay-As-You-Go |
PHC | Primary Health Care |
PPPs | Public-Private Partnerships |
PDBs | Public Development Banks |
PISA | Programme for International Student Assessment |
PIT | Personal income tax |
Q3 | Third Quarter |
R&D | Research and Development |
ROA | Return on Assets |
SBIE | Substance-Based Income Exclusion |
SDGs | Sustainable Development Goals |
SDR | Special Drawing Rights |
SIDS | Small Island Developing States |
SLBs | Sustainability-linked bonds |
SMEs | Small and Medium-sized Enterprises |
SOCX | Social Expenditure Database |
SPO | Secondary Public Offering |
SPVs | Special purpose vehicles |
SSA | Sub-Saharan Africa |
SSC | South-South co-operation |
SSBs | Sugary-sweetened beverages |
SSC | Social security contributions |
STR | Statutory tax rate |
STT | Standard tax treatment |
TFP | Total Factor Productivity |
TFT | Time for Trade |
TOSSD | Total Official Support for Sustainable Development |
UN | United Nations |
UNCTAD | United Nations Conference on Trade and Development |
UNESCO | United Nations Educational, Scientific and Cultural Organization |
UNICEF | United Nations International Children's Emergency Fund |
USD | United States dollar |
VAT | Value Added Tax |
VC | Venture Capital |
WFP | World Food Programme |
WHO | World Health Organization |
WTO | World Trade Organization |
Latin American Economic Outlook 2024
Financing Sustainable Development
Latin American Economic Outlook