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XXXVI Meeting of the Summit
Implementation Review Group
October 19 – 20, 2004 Washington D.C.
“Economic Growth with Equity to
Reduce Poverty”
How to measure progress?
XXXVI GRIC / SIRG
GRIC inf 14/04
October 18, 2004
Original : English
The Office for the Summit Process, under the
auspices of the OAS, acts as the institutional
memory and technical Secretariat to the Summit
process, supports the countries in Summit follow
up and preparation for future Summits,
coordinates the support of the OAS in the
implementation of Summit mandates, and chairs
the Joint Summit Working Group, which brings
together international and Inter-American
agencies.
Resolution 1994 Quito - General Assembly (XXXIV-O/04)
“To request the General Secretariat to continue to serve, through the
Secretariat for the Summit Process to support the follow-up and
dissemination of mandates as well as the preparation and technical
coordination of future summits; and to offer to help member states
implement the mandates assigned in the Plans of Action”.
Declaration of Nuevo León January 2004:
“We call upon the Organization of American States, to continue
deepening their support, through their respective activities and
programs, and committing appropriate resources to implement and
conduct follow-up on the Plans of Action of the Summits of the
Americas, and the Declaration”.
Special Summit of the
Americas Indicators
• Poverty and Income Distribution
• Economic Growth
• Unemployment
• Debt Management
• Business Development
• Development Financing
• Small And Medium Enterprises
• Property Rights
• Remittances
Indicators of Summit Progress
Methodology
 Information from trusted sources
 Reference to the information
sources
 Most recent figures including the
greatest number of countries
possible
 Data collected annually
 Uniformity in the format
“reduce poverty, eliminate hunger,
and raise the standard of living of the
population…”
Declaration of Nuevo León
HUMAN DEVELOPMENT INDEX 2004
Ranking Among 177 Countries
Canada
United States
Barbados
Argentina
Saint Kitts and Nevis
Chile
Costa Rica
Uruguay
Bahamas
Mexico
Trinidad and Tobago
Antigua and Barbuda
Panama
Suriname
Venezuela
Saint Lucia
Brazil
Colombia
Jamaica
Peru
St.Vincent & the
Paraguay
Grenada
Dominica
Dominican Republic
Belize
Ecuador
El Salvador
Guyana
Bolivia
Honduras
Nicaragua
Guatemala
Haiti
4
8
29
34
39
43
45
46
51
53
54
55
61
67
68
71
72
73
79
85
87
89
93
95
98
99
100
103
104
114
115
118
121
153
0
20
40
60
80
100
120
140
160
Source: Human Development Report 2004, Cultural Diversity in today's diverse
world. United Nations Development Programme
GROSS DOMESTIC PRODUCT PER CAPITA 2002
(PPP Purchasing Power Parity US$)
United States
Canada
Bahamas, The
Barbados
St. Kitts and Nevis
Antigua and Barbuda
Argentina
Chile
Trinidad and Tobago
Mexico
Costa Rica
Uruguay
Brazil
Grenada
Dominican Republic
Suriname
Colombia
Panama
Belize
Dominica
St. Vincent and the
Venezuela
St. Lucia
Peru
El Salvador
Paraguay
Guyana
Guatemala
Jamaica
Ecuador
Honduras
Nicaragua
Bolivia
Haiti
37,750
29,480
17,280
15,290
12,420
10,920
10,880
9,820
9,430
8,970
8,840
7,830
7,770
7,280
6,640
6,590
6,370
6,170
6,080
5,640
5,460
5,380
5,300
5,010
4,890
4,610
4,260
4,080
3,980
3,580
2,600
2,470
2,460
1,610
0
5000
10000
15000
20000
25000
30000
35000
40000
Source: Human Development Report 2004, Cultural Diversity in today's diverse world.
United Nations Development Programme
“Achieve Economic Growth with
Equity…”
Declaration of Nuevo León
Average Annual GDP Growth Rate (%) 1990-2002
4.4
C hile
D o minican R epublic
Guyana
St. Kitts and N evis
T rinidad and T o bago
Grenada
C o sta R ica
A ntigua and B arbuda
P anama
El Salvado r
P eru
C anada
United States
B elize
A rgentina
B arbado s
N icaragua
Uruguay
M exico
D o minica
Guatemala
B razil
St. Vincent and the Grenadines
B o livia
Suriname
C o lo mbia
H o nduras
St. Lucia
B ahamas, T he
Jamaica
P araguay
Venezuela
H aiti
-3.0
4.2
4.1
2.9
3.5
2.7
2.7
2.6
2.5
2.3
2.2
2.2
1.1
1.1
0.5
0.4
0.3
0.2
0.1
-0.1
-0.5
-1.0
-3.0
-2.0
-1.0
0.0
1.0
1.5
1.4
1.4
1.4
1.3
1.3
1.7
1.7
1.6
2.0
2.0
3.0
4.0
Source: Human Development Report 2004, Cultural Diversity in today's diverse
world. United Nations Development Programme
Percent of the National Income Distribution - Highest 10%
of the Population 2001
23.9
Canada
Jamaica
30.3
Trinidad and Tobago
29.9
30.5
United States
32.5
St. Lucia
32
Bolivia
Ecuador
33.8
Uruguay
33.8
Guyana
33.8
34.6
Costa Rica
35.4
Perú
35.7
36.5
Panamá
Venezuela
37.9
República Dominicana
39.4
El Salvador
41.6
Mexico
43.8
Paraguay
44.4
Honduras
46
Guatemala
46.1
Colombia
48
Brasil
Nicaragua
48.8
0
5
10
15
20
25
30
35
40
45
50
Source: World Development Indicators 2003 Edition. The World Bank
“improve the investment climate in
our countries...”
Declaration of Nuevo León
Business Competitive and Investment Climate
Ranking 2003
United States
Canada
Chile
Brazil
Costa Rica
Mexico
Colombia
Trinidad and
Jamaica
Panama
Dominican Republic
El Salvador
Argentina
Uruguay
Peru
Venezuela
Guatemala
Ecuador
Nicaragua
Honduras
Paraguay
Bolivia
Haiti
2
12
32
34
45
48
51
53
56
59
61
63
68
69
78
80
81
84
88
89
91
92
94
Method: constructed from measures drawn primarily from the Executive Opinion Survey.
Total of 95 countries
Source: Business Competitiveness Ranking 2003. World Economic Forum Global Competitiveness
Report 2003-2004
“mobilize resources for sustainable
economic development”
Declaration of Nuevo León
Development Financing for Latin American and
the Caribbean
IDB 2003
$6,800,000,000
CAF 2002
$3,290,000,000
CDB 2002
$1,070,755,000
CABEI 2002 / 2003
$728,500,000
World Bank
FY 2003
TOTAL
$5,820,500,000
$17,709,755,000
“create productive jobs…”
Declaration of Nuevo León
UNEMPLOYMENT % OF LABOR FORCE 2001
Mexico
Honduras
United States
Costa Rica
Canada
El Salvador
Peru
Brazil
Chile
Uruguay
Ecuador
Argentina
Trinidad and Tobago
Panama
Nicaragua
Dominican Republic
Venezuela, RB
Jamaica
Colombia
2.0
3.7
4.1
6.1
6.8
7.3
8.0
9.6
9.7
11.3
11.5
12.8
13.1
13.3
13.3
13.8
14.9
15.7
20.5
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
22.0
The International Labour Organization (ILO) defines the unemployed as members of the economically
active population who are without work but available for and seeking work, including people who have lost
their jobs and those who have voluntarily left work. Some unemployment is unavoidable in all economies.
Unemployment refers to the share of the labor force without work but available for and seeking
employment. Definitions of labor force and unemployment differ by country
Source: World Development Indicators 2003 Edition. The World Bank
“simplify the procedures and
significantly reduce the time and
cost of establishing business in
each country of the region…”
Declaration of Nuevo León
Establishing a Business: Average Number of Days
Spent on Procedures (2004)
3
5
Canada
Estados Unidos
Panamá
Chile
Jamaica
Argentina
Guatemala
Colombia
Uruguay
Nicaragua
México
Bolivia
Honduras
Paraguay
Costa Rica
República Dominicana
Ecuador
Peru
El Salvador
Venezuela
Brasil
Haiti
19
27
31
32
39
43
45
45
58
59
62
74
77
78
92
98
115
116
155
203
0
35
70
105
140
175
210
DAYS
Methodology: Time is recorded in calendar days. It is assumed that the minimum time
required per procedure is one day. Time captures the median duration that incorporation
lawyers indicate is necessary to complete a procedure.
Source: Doing Business 2004. World Bank and Oxford University
Establishing a Business – Average Cost as a % of
GNI per Capita (2004)
United States
Canada
Chile
Brasil
Venezuela
Jamaica
Argentina
México
Panamá
República Dominicana
Costa Rica
Colombia
Perú
Ecuador
Uruguay
Guatemala
Honduras
El Salvador
Paraguay
Nicaragua
Bolivia
Haiti
0.6
1
10
11.7
15
15.4
15.7
16.7
25.1
25.4
25.7
27.4
36.4
47.4
48.2
62.8
72.9
128
157.6
170.1
173.9
176.1
0
20
40
60
80
100
120
140
160
180
Methodology: The text of the Company Law, the Commercial Code, and specific regulations and fee
schedules are used to calculate costs
Source: Doing Business 2004. World Bank and Oxford University
“the Inter-American Development Bank,
triples, by the year 2007, its lending
through the banking system to micro,
small, and medium- sized enterprises…”
Declaration of Nuevo León
IDB Lending to micro, small and medium-sized
enterprises
Number
US$
millions
BID Global Credit Program
1
30
IIC: Lending to SME thru intermediaries
9
66
IIC: Guarantee Program for SME
1
20
IIC: Supply Chain Program
1
10
IIC: Joint Credit Programs with different
development entities
1
30
MIF: Credits
4
11
MSM: Credits
11
4
TOTAL
28
171
Support to SME 2003
Source: Inter- American Development Bank
“Reduce the burden of debt
service…”
Declaration of Nuevo León
Total External Debt 2001
St. Kitts And Nevis
St Vincents and
Dominica
Grenada
St Lucia
Barbados
Belize
Haiti
Guyana
Trinidad and
Paraguay
Guatemala
Costa Rica
Bolivia
El Salvador
Jamaica
Honduras
Dominican
Nicaragua
Panama
Uruguay
Ecuador
Peru
Venezuela
Colombia
Chile
Argentina
Mexico
Brazil
189
194
206
215
238
701
708
1,250
1,406
2,422
2,817
4,526
4,586
4,682
4,683
4,956
5,051
5,093
6,391
8,245
9,706
13,910
27,512
34,660
36,699
38,360
...136,709
…158,290
…226,362
Millions of dolars
Source: World Development Indicators 2003 Edition. World Bank
Total Public Debt (%GDP) 2003
Guatemala
El Salvador
Chile
Mexico
Peru
Ecuador
Dominican Republic
Costa Rica
Paraguay
Colombia
Venezuela
Trinidad and
Barbados
Bolivia
Brazil
Honduras
ECCB Economies
Uruguay
Jamaica
Argentina
Guyana
Nicaragua
Panama
22.4
42.3
43.1
45.3
46.8
53.2
53.9
54.5
56.1
56.3
58.7
63.5
64.1
68.1
71.3
72.1
93.8
108.2
144.8
146.1
171.9
209.6
0
300
… 6.121
600
900
Source: IMF Western Hemispheric Department
1200
“include collective action clauses in
international bond issues…”
Declaration of Nuevo León
Countries with collective Action Clauses in
their international Bond Issues
Barbados
Belize
Brasil
Canadá
Chile
Colombia
Costa Rica
Guatemala
Mexico
Panamá
Perú
Trinidad and Tobago
Uruguay
Venezuela
2003-2004














Based on data on governing law of bonds in bond ware, as well as examination of
particular bond contracts
Source: Clifford Chance. International Bond Analyst
“strengthen property rights, promote
the related measures governing the
transfer of property and property
registries…”
Declaration of Nuevo León
REGISTERING PROPERTY – Number of
Procedures 2003
United States
Argentina
El Salvador
Guatemala
Haiti
Jamaica
Mexico
Peru
Canada
Chile
Costa Rica
Bolivia
Colombia
Honduras
Nicaragua
Panama
Paraguay
Dominican Republic
Uruguay
Venezuela
Ecuador
Brazil
0
2
4
6
8
10
12
14
16
A procedure is defined as any interaction of the buying or selling company, its agents (if the agent is
required by law) or the property itself with external parties, including government agencies, inspectors,
notaries, lawyers, notaries, etc. Interactions between company officers and employees are not considered.
Source: Doing Business 2004. World Bank and Oxford University
REGISTERING PROPERTY – Days
Needed 2003
USA
Canada
Ecuado r
Co sta Rica
Co lo mbia
Chile
P eru
Venezuela
Ho nduras
B rasil
P anamá
A rgentina
P araguay
El Salvado r
Jamaica
Guatemala
Nicaragua
Uruguay
M éxico
B o livia
Do minican Republic
Haiti
12
20
21
21
23
31
31
34
36
42
44
44
48
52
54
55
65
66
74
92
107
195
0
25
50
75
100
125
150
175
200
Time is recorded in calendar days. It is assumed that the minimum time required for each procedure is
one day.
Source: Doing Business 2004. World Bank and Oxford University
“reduce by at least half the regional
average cost of remittances no later
than 2008 …”
Declaration of Nuevo León
Cost to Send from the U.S. Average Amount to Home
Countries (June 2004)
Mexico (380)
4.39%
El Salvador (290)
4.45%
Ecuador (300)
Peru (200)
4.51%
6.48%
Guatem ala (270)
6.54%
Brazil (300)
Nicaragua (150)
6.79%
6.93%
Bolivia (280)
Honduras (260)
7.11%
7.13%
7.37%
Colom bia (260)
Argentina (223)
Haiti (160)
7.60%
7.72%
8.00%
Costa Rica (340)
Belize
Chile (290)
8.78%
8.90%
9.11%
9.50%
Paraguay (281)
Jam aica (260)
Guyana (200)
10.14%
Surinam e
Dom . Rep. (200)
10.17%
10.39%
10.41%
Uruguay (200)
Panam a (210)
Trinidad and Tobago
10.50%
11.28%
Barbados
11.66%
Venezuela (230)
17.10%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
Source: Remittances to Latin America and the Caribbean: Issues and perspectives on
development, Orozco Manuel
Next Step
- Discuss base years
- Evaluate the utility of the indicators presented
here
- Develop additional indicators in all areas of
Summit commitments
- Plan the use of indicators to show summit
progress in a report to the Fourth Summit of the
Americas
Office for the Summit Process
www.summitsoftheamericas.org
Organization of American States
1889 F Street NW
Washington, DC 20006 USA
Tel:202.458.3127, Fax: 202.458.3665
[email protected]