XXXVI Meeting of the Summit XXXVI Meeting of the Summit Implementation Review Group Implementation Review Group October 19 – 20, 2004 Washington D.C.October 19 – 20, 2004 Washington D.C.
“Economic Growth with Equity to “Economic Growth with Equity to
Reduce Poverty”Reduce Poverty”
How to measure progressHow to measure progress??
XXXVI GRIC / SIRGGRIC inf 14/04
October 18, 2004 Original : English
The Office for the Summit Process, under the The Office for the Summit Process, under the auspices of the OAS, acts as the institutional auspices of the OAS, acts as the institutional
memory and technical Secretariat to the Summit memory and technical Secretariat to the Summit process, supports the countries in Summit follow process, supports the countries in Summit follow
up and preparation for future Summits, up and preparation for future Summits, coordinates the support of the OAS in the coordinates the support of the OAS in the
implementation of Summit mandates, and chairs implementation of Summit mandates, and chairs the Joint Summit Working Group, which brings the Joint Summit Working Group, which brings
together international and Inter-American together international and Inter-American
agencies.agencies.
Resolution 1994 Quito - General Assembly (XXXIV-O/04)Resolution 1994 Quito - General Assembly (XXXIV-O/04)
““To request the General Secretariat to continue to serve, through the To request the General Secretariat to continue to serve, through the Secretariat for the Summit Process to support the follow-up and Secretariat for the Summit Process to support the follow-up and dissemination of mandates as well as the preparation and technical dissemination of mandates as well as the preparation and technical coordination of future summits; and to offer to help member states coordination of future summits; and to offer to help member states implement the mandates assigned in the Plans of Action”. implement the mandates assigned in the Plans of Action”.
Declaration of Nuevo León January 2004:Declaration of Nuevo León January 2004:
““We call upon the Organization of American States, to continue We call upon the Organization of American States, to continue deepening their support, through their respective activities and deepening their support, through their respective activities and programs, and committing appropriate resources to implement and programs, and committing appropriate resources to implement and conduct follow-up on the Plans of Action of the Summits of the conduct follow-up on the Plans of Action of the Summits of the Americas, and the Declaration”.Americas, and the Declaration”.
Special Summit of the Special Summit of the Americas IndicatorsAmericas Indicators
• Poverty and Income DistributionPoverty and Income Distribution• Economic GrowthEconomic Growth• UnemploymentUnemployment• Debt ManagementDebt Management• Business DevelopmentBusiness Development• Development FinancingDevelopment Financing• Small And Medium EnterprisesSmall And Medium Enterprises• Property RightsProperty Rights• RemittancesRemittances
Indicators of Summit Progress Indicators of Summit Progress MethodologyMethodology
Information from trusted sourcesInformation from trusted sources Reference to the information Reference to the information
sourcessources Most recent figures including the Most recent figures including the
greatest number of countries greatest number of countries possiblepossible
Data collected annuallyData collected annually Uniformity in the formatUniformity in the format
“reduce poverty, eliminate hunger, and raise the standard of living of the
population…”
Declaration of Nuevo León
HUMAN DEVELOPMENT INDEX 2004HUMAN DEVELOPMENT INDEX 2004Ranking Ranking AmongAmong 177 177 CountriesCountries
153
115
104103
1009998
9593
8987
8579
7372
7168
6761
5554
5351
4645
4339
3429
84
121118
114
0 20 40 60 80 100 120 140 160
HaitiGuatemalaNicaraguaHonduras
BoliviaGuyana
El SalvadorEcuador
BelizeDominican Republic
DominicaGrenada
ParaguaySt.Vincent & the
PeruJamaica
ColombiaBrazil
Saint LuciaVenezuelaSuriname
PanamaAntigua and BarbudaTrinidad and Tobago
MexicoBahamas
UruguayCosta Rica
ChileSaint Kitts and Nevis
ArgentinaBarbados
United StatesCanada
Source: Human Development Report 2004, Cultural Diversity in today's diverse world. United Nations Development Programme
2,4702,600
3,5803,9804,0804,2604,6104,8905,0105,3005,3805,4605,640
6,0806,1706,3706,5906,640
7,2807,7707,830
8,8408,970
9,4309,820
10,88010,920
12,42015,290
17,28029,480
37,750
1,610 2,460
0 5000 10000 15000 20000 25000 30000 35000 40000
HaitiBolivia
NicaraguaHonduras
EcuadorJamaica
Guatemala Guyana
Paraguay El Salvador
PeruSt. Lucia
VenezuelaSt. Vincent and the
Dominica Belize
Panama Colombia Suriname
Dominican Republic Grenada
BrazilUruguay
Costa Rica Mexico
Trinidad and Tobago Chile
Argentina Antigua and Barbuda
St. Kitts and Nevis Barbados
Bahamas, TheCanada
United States
Source: Human Development Report 2004, Cultural Diversity in today's diverse world. United Nations Development Programme
GROSS DOMESTIC PRODUCT PER CAPITA 2002GROSS DOMESTIC PRODUCT PER CAPITA 2002
(PPP Purchasing Power Parity US$)(PPP Purchasing Power Parity US$)
““Achieve Economic Growth with Achieve Economic Growth with Equity…”Equity…”
Declaration of Nuevo León
-3.0-1.0-0.5-0.1
0.10.2
0.30.4
0.51.11.1
1.31.31.41.41.4
1.51.61.71.7
2.02.22.2
2.32.5
2.62.72.7
2.93.5
4.14.2
4.4
-3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0
HaitiVenezuelaParaguay J amaica
Bahamas, TheSt. Lucia
HondurasColombia Suriname
Bolivia St. Vincent and the Grenadines
BrazilGuatemala Dominica
Mexico Uruguay
NicaraguaBarbadosArgentina
Belize United States
Canada Peru
El Salvador Panama
Antigua and Barbuda Costa Rica
GrenadaTrinidad and Tobago
St. Kitts and Nevis Guyana
Dominican Republic Chile
Average Annual GDP Growth Rate (%) 1990-2002Average Annual GDP Growth Rate (%) 1990-2002
Source: Human Development Report 2004, Cultural Diversity in today's diverse world. United Nations Development Programme
Percent of the National Income Distribution - Highest 10% Percent of the National Income Distribution - Highest 10% of the Population 2001of the Population 2001
Source: World Development Indicators 2003 Edition. The World Bank
48
46.1
46
44.4
43.8
41.6
39.4
35.7
35.4
34.6
33.8
33.8
33.8
32
32.5
30.5
29.9
30.3
23.9
36.5
37.9
48.8
0 5 10 15 20 25 30 35 40 45 50
Nicaragua
Brasil
Colombia
Guatemala
Honduras
Paraguay
Mexico
El Salvador
República Dominicana
Venezuela
Panamá
Perú
Costa Rica
Guyana
Uruguay
Ecuador
Bolivia
St. Lucia
United States
Trinidad and Tobago
Jamaica
Canada
““improve the investment climate in improve the investment climate in our countries...” our countries...”
Declaration of Nuevo León
Business Competitive and Investment Climate Business Competitive and Investment Climate
RankingRanking 20032003
9492
9189
8884
8180
7869
6863
6159
5653
5148
4534
3212
2
HaitiBolivia
Paraguay HondurasNicaragua
EcuadorGuatemala Venezuela
PeruUruguay
Argentina El Salvador
Dominican Republic Panama Jamaica
Trinidad andColombia
Mexico Costa Rica
BrazilChile
Canada United States
Method: constructed from measures drawn primarily from the Executive Opinion Survey. Total of 95 countriesSource: Business Competitiveness Ranking 2003. World Economic Forum Global Competitiveness Report 2003-2004
““mobilize resources for sustainable mobilize resources for sustainable economic development”economic development”
Declaration of Nuevo León
IDB IDB 20032003 $6,800,000,000$6,800,000,000
CAF CAF 20022002 $3,290,000,000$3,290,000,000
CDB CDB 20022002 $1,070,755,000$1,070,755,000
CABEI CABEI 2002 / 20032002 / 2003 $728,500,000$728,500,000
World Bank World Bank
FY FY 20032003
$5,820,500,000$5,820,500,000
TOTALTOTAL $17,709,755,000$17,709,755,000
Development Financing for Latin American and Development Financing for Latin American and the Caribbeanthe Caribbean
““create productive jobs…”create productive jobs…”
Declaration of Nuevo León
20.5
14.913.8
13.3
12.811.5
11.3
8.07.3
6.86.1
4.13.7
2.0
9.69.7
13.113.3
15.7
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0 22.0
ColombiaJ amaica
Venezuela, RBDominican Republic
NicaraguaPanama
Trinidad and TobagoArgentinaEcuadorUruguay
ChileBrazilPeru
El SalvadorCanada
Costa RicaUnited States
HondurasMexico
UNEMPLOYMENT % OF LABOR FORCE 2001UNEMPLOYMENT % OF LABOR FORCE 2001
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 Establishing a Business: Average Number of Days Spent on Procedures (2004) Spent on Procedures (2004)
155116115
9892
7877
7462
5958
4545
4339
3231
2719
53
203
0 35 70 105 140 175 210
HaitiBrasil
VenezuelaEl Salvador
PeruEcuador
República DominicanaCosta Rica
Paraguay Honduras
Bolivia México
NicaraguaUruguay
Colombia Guatemala
Argentina Jamaica
Chile Panamá
Estados UnidosCanada
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 Establishing a Business – Average Cost as a % of GNI perGNI per Capita (2004) Capita (2004)
157.6128
72.962.8
48.247.4
36.427.4
25.725.425.1
16.715.715.415
11.710
10.6
170.1
173.9176.1
0 20 40 60 80 100 120 140 160 180
HaitiBolivia
NicaraguaParaguay
El SalvadorHonduras
GuatemalaUruguayEcuador
PerúColombia
Costa RicaRepública Dominicana
PanamáMéxico
ArgentinaJamaica
VenezuelaBrasilChile
CanadaUnited States
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 IDB Lending to micro, small and medium-sized enterprisesenterprises
Support to SME 2003 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 171171Source: Inter- American Development Bank
““Reduce the burden of debt Reduce the burden of debt service…”service…”
Declaration of Nuevo León
36,69934,660
27,51213,910
9,7068,245
6,3915,0935,0514,9564,6834,6824,5864,526
2,8172,422
1,4061,250
708701
238215206194189
38,360
BrazilMexico
ArgentinaChile
ColombiaVenezuela
PeruEcuadorUruguayPanama
NicaraguaDominicanHondurasJ amaica
El SalvadorBolivia
Costa RicaGuatemalaParaguay
Trinidad andGuyana
HaitiBelize
BarbadosSt Lucia
GrenadaDominica
St Vincents andSt. Kitts And Nevis
Millions of dolars
...136,709…158,290…226,362
Total External Debt 2001Total External Debt 2001
Source: World Development Indicators 2003 Edition. World Bank
Total Public Debt (%GDP) 2003Total Public Debt (%GDP) 2003
209.6171.9
146.1144.8
108.293.8
72.171.368.164.163.558.756.356.154.553.953.246.845.343.142.3
22.4
0 300 600 900 1200
PanamaNicaragua
GuyanaArgentinaJamaicaUruguay
ECCB EconomiesHonduras
BrazilBolivia
BarbadosTrinidad and
VenezuelaColombiaParaguay
Costa RicaDominican Republic
EcuadorPeru
MexicoChile
El SalvadorGuatemala
… 6.121
Source: IMF Western Hemispheric Department
“include collective action clauses in international bond issues…”
Declaration of Nuevo León
2003-2004 Barbados Belize Brasil Canadá Chile Colombia Costa Rica Guatemala Mexico Panamá Perú Trinidad and Tobago Uruguay Venezuela
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
Countries with collective Action Clauses in Countries with collective Action Clauses in their international Bond Issuestheir international Bond Issues
“strengthen property rights, promote the related measures governing the
transfer of property and property registries…”
Declaration of Nuevo León
REGISTERING PROPERTY – Number of REGISTERING PROPERTY – Number of Procedures 2003Procedures 2003
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
0 2 4 6 8 10 12 14 16
BrazilEcuador
VenezuelaUruguay
Dominican RepublicParaguay
PanamaNicaraguaHondurasColombia
BoliviaCosta Rica
ChileCanada
PeruMexico
JamaicaHaiti
GuatemalaEl Salvador
ArgentinaUnited States
REGISTERING PROPERTY – Days REGISTERING PROPERTY – Days Needed 2003Needed 2003
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
10792
746665
5554
5248
4444
4236
343131
23212120
195
12
0 25 50 75 100 125 150 175 200
HaitiDominican Republic
BoliviaMéxicoUruguay
NicaraguaGuatemala
J amaicaEl Salvador
P araguayArgentinaP anamá
BrasilHondurasVenezuela
P eruChile
ColombiaCosta Rica
EcuadorCanada
USA
“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 Cost to Send from the U.S. Average Amount to Home Countries (June 2004)Countries (June 2004)
Source: Remittances to Latin America and the Caribbean: Issues and perspectives on development, Orozco Manuel
10.14%
10.17%
10.41%10.39%
10.50%
11.66%
11.28%
17.10%
9.50%9.11%
8.90%
8.78%
8.00%7.72%7.60%
7.37%7.13%7.11%
6.93%6.79%
6.54%
6.48%
4.51%
4.45%
4.39%
0% 2% 4% 6% 8% 10% 12% 14% 16% 18%
Venezuela (230)
Barbados
Trinidad and Tobago
Panama (210)
Uruguay (200)
Dom. Rep. (200)
Suriname
Guyana (200)
Jamaica (260)
Paraguay (281)
Chile (290)
Belize
Costa Rica (340)
Haiti (160)
Argentina (223)
Colombia (260)
Honduras (260)
Bolivia (280)
Nicaragua (150)
Brazil (300)
Guatemala (270)
Peru (200)
Ecuador (300)
El Salvador (290)
Mexico (380)
Next StepNext 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 ProcessOffice for the Summit Process www.summitsoftheamericas.org Organization of American States
1889 F Street NWWashington, DC 20006 USA
Tel:202.458.3127, Fax: 202.458.3665