Fiscal Observatory Of Latin America And The Caribbean
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Fiscal Observatory Of Latin America And The Caribbean
The Fiscal Observatory of Latin America and the Caribbean (OFILAC) is an initiative of the United Nations Economic Commission for Latin America and the Caribbean, especially by the Division for Economic Development, to contribute to improving fiscal policy through the dissemination of studies and debate. Financial support is provided by the Spanish Agency for International Cooperation and Development ( AECID). Other partners of the Fiscal Observatory of Latin America and the Caribbean are: GIZ, AECID, European Commission, IMF, IADB, OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ..., CIAT, and others. OFILAC provides a platform for the analysis, discussion and follow-up of fiscal policy in Latin America and supports debating of fiscal subjects among fiscal authorities, intern ...
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United Nations Economic Commission For Latin America And The Caribbean
The United Nations Economic Commission for Latin America and the Caribbean, known as ECLAC, UNECLAC or in Spanish and Portuguese CEPAL, is a United Nations regional commission to encourage economic cooperation. ECLAC includes 46 member States (20 in Latin America, 13 in the Caribbean and 13 from outside the region), and 14 associate members which are various non-independent territories, associated island countries and a commonwealth in the Caribbean. ECLAC publishes statistics covering the countries of the regionCEPALSTAT
page at official ECLAC site
and makes cooperative agreements with nonprofit institutions.
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Fiscal Policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorised that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation (which is considered "healthy" at the level in the range 2%–3%) and to increase employment. Additionally, it is designed to try to k ...
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AECID
The Spanish Agency for International Development Cooperation (AECID) ( es, link=no, Agencia Española de Cooperación Internacional para el Desarrollo) is a Spanish autonomous agency responsible for the management of the Government international development cooperation policy. Its original name was Spanish Agency for International Cooperation (AECI), but Royal Decree 1403/2007, of 26 October, amended its Statute and gave AECID its current name. AECID is a public body under the aegis of the Ministry of Foreign Affairs, via the State Secretariat for International Cooperation and for Ibero-America and the Caribbean (SECIPIC). The Agency is in charge of designing, implementing and managing development cooperation projects and programmes, whether directly, with its own resources, or through collaboration with other national and international bodies and non-governmental organizations. According to the OECD, 2020 official development assistance from Spain decreased 1.8% to USD 3 bil ...
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Deutsche Gesellschaft Für Internationale Zusammenarbeit
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (English: ''German Agency for International Cooperation GmbH''), often simply shortened to GIZ, is the main German development agency. It is headquartered in Bonn and Eschborn and provides services in the field of international development cooperation and international education work. The organization's self-declared goal is to deliver effective solutions that offer people better prospects and sustainably improve their living conditions. GIZ's main commissioning party is Germany's Federal Ministry for Economic Cooperation and Development (BMZ). Other commissioners include European Union institutions, the United Nations, the private sector, and governments of other countries. In its projects GIZ works with partners in national governments, actors from the private sector, civil society and research institutions. Additionally, in cooperation with the German Federal Employment Agency, GIZ operates the Centre fo ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Inter-American Development Bank
The Inter-American Development Bank (IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Caribbean. Established in 1959, the IDB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporations. The IDB has four official languages: English, Spanish, Portuguese and French. Its official names in the other three languages are as follows: History At the First Pan-American Conference in 1890, the idea of a development institution for Latin America was first suggested during the earliest efforts to create an inter-American system. The IDB became a reality under an initiative proposed by President Juscelino Kubitshek of Brazil. The Bank was formally created on April 8, 1959, when the Organization of American States dr ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ...
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Inter-American Center Of Tax Administrations
The Inter-American Center of Tax Administrations "CIAT" is an international organization specialized in training and exchanges of information between national tax administrations. The CIAT is an international public, non-profit organization that provides specialized technical assistance for the updating and modernization of tax administrations. It is a founding member of the Network of Tax Organizations (NTO), a network of regional and international tax administrations that aims to develop and promote effective tax systems around the world that contribute to the well-being of people. Member countries Since its creation in 1967 and until now,  the CIAT groups 42 member countries and associate member countries: 32 American countries, five European countries, four African countries and one Asian country. Angola, India, Morocco and Nigeria are associate member countries. CIAT is part of the International Tax Dialogue. Members may be all those American countries that are invited t ...
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United Nations Economic And Social Council
The United Nations Economic and Social Council (ECOSOC; french: links=no, Conseil économique et social des Nations unies, ) is one of the six principal organs of the United Nations, responsible for coordinating the economic and social fields of the organization, specifically in regards to the fifteen specialised agencies, the eight functional commissions, and the five regional commissions under its jurisdiction. ECOSOC serves as the central forum for discussing international economic and social issues, and formulating policy recommendations addressed to member states and the United Nations System. It has 54 members. In addition to a rotating membership of 54 UN member states, over 1,600 nongovernmental organizations have consultative status with the Council to participate in the work of the United Nations. ECOSOC holds one four-week session each year in July, and since 1998 has also held an annual meeting in April with finance ministers of heading key committees of the Worl ...
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