June 21, 2024

Presentation of the “Latin American Economic Outlook (LEO) 2023: Investing in Sustainable Development”

Presentation of the “Latin American Economic Outlook (LEO) 2023: Investing in Sustainable Development”

By invitation of the Development Bank of Latin America and the Caribbean (CAF), Dr. Ritter Diaz, Representative Director of JAPOLAC, participated in the presentation of the “Latin American Economic Outlook (LEO) 2023: Investing in Sustainable Development,” which analyzes critical aspects related to sustainable and inclusive development in Latin America and the Caribbean (LAC).

The presentation of the LEO was held in the auditorium of the Embassy of Peru in Tokyo and was attended by members of the LAC diplomatic corps, Japanese authorities, corporate sector representatives, and other institutions.

The event began with welcoming remarks from H.E. Roberto Seminario, Ambassador of Peru, followed by H.E. Eduardo Frei, former President of Chile.

The main presentation was delivered by Mr. Sebastian Nieto Parra, Head of the Latin America and the Caribbean Unit at the OECD Development Centre, and Ms. Carolina Camacho, Country Economist at CAF. The presentation was followed by a panel discussion moderated by Mr. Hiroshi Wago Rojas, Director of Global Partnerships at CAF, with participation from panelists from the Japan International Cooperation Agency (JICA) and the Japan Bank for International Cooperation (JBIC).

Dr. Diaz exchanged greetings with Mr. Hiroshi Wago Rojas, Director of Partnerships at CAF, and conveyed the willingness of JAPOLAC to cooperate with CAF to promote sustainable development projects in the region of LAC. Dr. Diaz also greeted and thanked the Ambassador of Peru for supporting JAPOLAC activities.

The 16th edition of the LEO report highlighted the urgent need for improved investment strategies to promote a more sustainable and inclusive future in the region. The report provides policy recommendations to mobilize and attract investments that help advance a better production model, create quality jobs, and improve citizens’ well-being.

The LEO report is a collaboration of the OECD Development Centre, the Development Bank of Latin America and the Caribbean (CAF), the European Commission, and the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC).

The full report is available at: OECD iLibrary.