ACRF | ASEAN Comprehensive Recovery Framework |
AEWG | Accelerated Education Working Group |
AFD | French Development Agency |
ASEAN | Association of South East Asian Nations |
AU | African Union |
Bancoldex | Banco de Desarrollo Empresarial de Colombia (Business Development Bank of Colombia) |
BEPS | Base Erosion and Profit Shifting |
BNDES | Brazilian Development Bank |
CACM | Central American Common Market |
CAF | Development Bank of Latin America |
CARICOM | Caribbean Community |
CARIFORUM | Subgroup of the Organisation of African, Caribbean and Pacific States |
CCT | Conditional Cash Transfer |
CIAT | Inter-American Center of Tax Administrations |
CIS | Central American Council of Ministers for Social Integration |
CIT | Corporate Income Tax |
CoG | Centre of Government |
COP | Colombian Peso |
COVAX | COVID-19 Vaccines Global Access |
COVID-19 | Coronavirus |
CRS | Common Reporting Standard |
C-TAP | COVID-19 Technology Access Pool |
CTCN | Climate Technology Center and Network |
DAC | Development Assistance Committee |
DiT | Development in Transition |
DSSI | Debt Service Suspension Initiative |
EC | European Commission |
ECAF | Encuesta CAF (CAF Survey) |
ECLAC | Economic Commission for Latin America and the Caribbean |
EEAS | European External Action Service |
EPTV | Estatuto de Protección Temporal para Venezolanos (Temporary Protected Statute for Venezuelan Migrants) |
EU | European Union |
FACE | Fund to Alleviate COVID-19 Economics |
FAO | Food and Agriculture Organization |
FDI | Foreign Direct Investment |
FOGAPE | Fondo de Garantía para Pequeños Empresarios (Guarantee Fund for Small Entrepreneurs) |
G20 | Group of Twenty |
GAD | MERCOSUR Group Digital Agenda |
GDP | Gross Domestic Product |
GHG | Green House Gases |
GPI | Global Public Investment |
GVCs | Global Value Chains |
ICT | Information and Communications Technology |
ICU | Intensive Care Units |
IDB | Inter-American Development Bank |
IFF | Illicit Financial Flows |
IFI | International Financial Institution |
IIF | Institute of International Finance |
ILO | International Labour Organization |
IMF | International Monetary Fund |
IRENA | International Renewable Energy Agency |
ITC | International Trade Centre |
KAS | Konrad Adenauer Foundation |
LAC | Latin America and the Caribbean |
LAFTA | Latin America Free Trade Area |
LAIA | Latin American Integration Association |
LEO | Latin American Economic Outlook |
MERCOSUR | Southern Common Market |
MIC | Middle-income Country |
MSMEs | Micro, Small and Medium-sized Enterprises |
NAFTA | North American Free Trade Agreement |
NDCs | Nationally Determined Contributions |
NDP | National Development Plan |
ODA | Official Development Assistance |
OECD | Organisation for Economic Co-operation and Development |
OGP | Open Government Partnership |
OHCHR | Office of the United Nations High Commissioner for Human Rights |
OLADE | Latin American Energy Organization |
OOP | Out of Pocket |
PACE | Platform for Accelerating the Circular Economy |
PA | Pacific Alliance |
PAHO | Pan American Health Organization |
PAYG | Pay as You Go |
PCD | Policy Coherence for Development |
PEDN | Plan Estratégico de Desarrollo Nacional (National Development Strategic Plan) |
PEP | Permiso Especial de Permanencia (Special Permit of Permanence) |
PIT | Personal Income Tax |
PRGT | Poverty Reduction and Growth Trust |
R&D | Research and Development |
RBC | Responsible Business Conduct |
SDGs | Sustainable Development Goals |
SDR | Special Drawing Rights |
SEGIB | Secretaría General Iberoamericana (Iberoamerican General Secretary) |
SEZ | Special Economic Zone |
SICA | Central American Integration System |
SISCA | Central American Social Integration Secretariat |
SMEs | Small and Medium-sized Enterprises |
TFA | Trade Facilitation Agreement |
TRIPS | Agreement on Trade-Related Aspects of Intellectual Property Rights |
UMSCA | Unites States-Mexico-Canada Agreement |
UN HABITAT | United Nations Human Settlement Programme |
UN Women | United Nations Entity for Gender Equality and the Empowerment of Women |
UNEP | United Nations Environmental Programme |
UNCTAD | United Nations Conference on Trade and Development |
UNDESA | United Nations Department of Economic and Social Affairs |
UNDP | United Nations Development Programme |
UNIDO | United Nations Industrial Development Organization |
USD | United States Dollar |
VAT | Value Added Tax |
WEF | World Economic Forum |
WHO | World Health Organization |
Latin American Economic Outlook 2021
Working Together for a Better Recovery
Latin American Economic Outlook