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Post 2015: Global Action for an Inclusive and Sustainable Future

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NEPAL<br />

RWANDA<br />

COTE D’IVOIRE<br />

PERU<br />

ECONOMIC<br />

GROWTH<br />

2001<br />

Average <strong>an</strong>nual GDP<br />

growth rate between<br />

2001 <strong>an</strong>d 2011 was only<br />

2011<br />

2008<br />

BETWEEN 2008-2012<br />

GROWTH IN REAL<br />

GDP AVERAGED<br />

PER YEAR<br />

2012<br />

2008-2010<br />

6.4%<br />

ANNUAL<br />

GDP<br />

GROWTH<br />

2001<br />

Average <strong>an</strong>nual<br />

GDP growth rate was<br />

5.8%<br />

Peru had the region’s<br />

highest GDP growth <strong>an</strong>d<br />

lowest inflation.<br />

Now considered<br />

a UMIC.<br />

2011<br />

ECONOMIC<br />

INTERNATIONAL<br />

TRADE<br />

Growth in imports is<br />

much higher, leading to<br />

consistent trade deficits.<br />

IMPORTS<br />

Main trading partner:<br />

India (far ahead), China,<br />

EU, Singapore <strong>an</strong>d USA.<br />

DEFICIT<br />

Growth in imports is<br />

much higher, leading to<br />

consistent trade deficits.<br />

IMPORTS<br />

Main trading partner:<br />

China, Switzerl<strong>an</strong>d, EU<br />

DEFICIT<br />

Côte d’Ivoire had a trade<br />

surplus of 15% of GDP<br />

in 2011. This is partly<br />

driven by its wordwide<br />

leading position in<br />

cocoa exports.<br />

Main trading partner:<br />

EU<br />

SURPLUS<br />

Peru has enjoyed a<br />

surplus in its bal<strong>an</strong>ce of<br />

trade <strong>for</strong> most of the<br />

past 8 years.<br />

IMPORTS<br />

Main trading partners:<br />

EU, China, USA, Brazil<br />

<strong>an</strong>d Chile.<br />

SURPLUS<br />

EMPLOYMENT CAPITAL<br />

FLOWS<br />

LACK OF<br />

SKILLED<br />

LABOUR.<br />

46%<br />

unemployed in 2008.<br />

M<strong>an</strong>y people choose<br />

to work abroad.<br />

Majority of population<br />

working in subsistence<br />

agriculture.<br />

Underemployment is the<br />

central issue. Skilled<br />

labour is scarce.<br />

Unemployment<br />

Increase<br />

6.4% 15.7%<br />

2002 2008<br />

Youth unemployment<br />

(25-34 years) was at<br />

17.5% in 2008.<br />

Most employed in the<br />

in<strong>for</strong>mal sector.<br />

UNEMPLOYMENT<br />

RATES<br />

On a downward<br />

slope while active<br />

population grows.<br />

Nepal is among the worst<br />

per<strong>for</strong>ming countries in<br />

attracting FDI.<br />

However,FDI approvals<br />

have increased since<br />

2006/07.<br />

Rw<strong>an</strong>da is one of the<br />

best per<strong>for</strong>mers in the<br />

World B<strong>an</strong>k Doing<br />

Business Indicators, but<br />

continues to struggle to<br />

attract FDI. The outlook<br />

<strong>for</strong> 2011/12 was positive.<br />

Slow growth in private<br />

investment 1996-2011:<br />

FDI growth of 0.47%.<br />

Declining EU share<br />

of investment<br />

38.71% 17.57%<br />

1996-2003 2003-2011<br />

poSt-<strong>2015</strong>: <strong>Global</strong> actIon For <strong>an</strong> IncluSIvE <strong>an</strong>D SuStaInablE FuturE<br />

71%<br />

2001<br />

54.6%<br />

2010<br />

However, rate of<br />

underemployment<br />

is high.<br />

Highest investment / GDP<br />

ratio of the LA7 countries.<br />

1995<br />

US$5.05<br />

billion<br />

2011<br />

US$22<br />

billion<br />

The FDI stock represented<br />

9.8% of total GDP. Spain,<br />

UK <strong>an</strong>d USA were the main<br />

investors.<br />

27

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