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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 How to measure progress progress ? ? XXXVI GRIC / SIRG GRIC inf 14/04 October 18, 2004 Original : English
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Page 1: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 2: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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.

Page 3: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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”.

Page 4: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 5: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 6: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“reduce poverty, eliminate hunger, and raise the standard of living of the

population…”

Declaration of Nuevo León

Page 7: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 8: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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$)(PPP Purchasing Power Parity US$)

Page 9: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

““Achieve Economic Growth with Achieve Economic Growth with Equity…”Equity…”

Declaration of Nuevo León

Page 10: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

-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

Page 11: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 12: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

““improve the investment climate in improve the investment climate in our countries...” our countries...”

Declaration of Nuevo León

Page 13: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 14: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

““mobilize resources for sustainable mobilize resources for sustainable economic development”economic development”

Declaration of Nuevo León

Page 15: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 16: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

““create productive jobs…”create productive jobs…”

Declaration of Nuevo León

Page 17: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 18: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“simplify the procedures and significantly reduce the time and cost of establishing business in

each country of the region…”

Declaration of Nuevo León

Page 19: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 20: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 21: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“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

Page 22: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 23: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

““Reduce the burden of debt Reduce the burden of debt service…”service…”

Declaration of Nuevo León

Page 24: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 25: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 26: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“include collective action clauses in international bond issues…”

Declaration of Nuevo León

Page 27: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 28: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“strengthen property rights, promote the related measures governing the

transfer of property and property registries…”

Declaration of Nuevo León

Page 29: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 30: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 31: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

“reduce by at least half the regional average cost of remittances no later

than 2008 …”

Declaration of Nuevo León

Page 32: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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)

Page 33: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

Page 34: Resolution 1994 Quito - General Assembly (XXXIV-O/04)

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

[email protected]


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