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 policymaking process. Moreover, it stresses the need to promote sustainable and adapted macroeconomic frameworks to finance the recovery, as well as the importance of renewing international cooperation to support these policy actions. Finally, the publication includes three crucial crosscutting 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 first pillar of the EU Regional Facility for Development in Transition for Latin America and the Caribbean.