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Private Sector and Development in LAC ! Private sector is key for sustaining growth and reducing inequality – 90% of jobs are created by the private sector
! Challenges – Insufficient savings and investment ( rate of investment <23% of GDP in past 20 years) – Stagnant productivity (50% less than US on average) – High informality (41% in the region) – Limited access to finance (unmet demand for credit of MSMEs US$ 35 b) – Large infrastructure gap (private sector could invest up to US$ 34 b yearly) – Low investment in technology, innovation and lack of skilled workers (In the last 30 years Korean investment in R&D five-fold the levels in LAC) – Higher vulnerability to natural disasters (5.4 natural disaster events per country in 1970; 15.6 in 2000)
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90% of jobs
are created by the
private sector
Sales volume
doubled
2006 40 million
2010
80 million
Less than 33% of U.S. adults are at a â&#x20AC;&#x153;healthy weight.â&#x20AC;? According to the National Center for Health Statistics (NCHS) of the Centers for Disease Control and Prevention (CDC), the National Health and Nutrition Examination Survey revealed that in 2007-2008, when adjusting for age, an estimated 33% of American adults 20 years of age and older were overweight, while 34% were obese. Another way to think about the overweight and obesity epidemic is that less than a third of adults in the United States are at a healthy weight.
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All adults 134 million (66%) Women 65 million (62%) Men
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Private Sector and Development in LAC ! Private sector is key for sustaining growth and reducing inequality – 90% of jobs are created by the private sector
! Challenges – Insufficient savings and investment ( rate of investment <23% of GDP in past 20 years) – Stagnant productivity (50% less than US on average) – High informality (41% in the region) – Limited access to finance (unmet demand for credit of MSMEs US$ 35 b) – Large infrastructure gap (private sector could invest up to US$ 34 b yearly) – Low investment in technology, innovation and lack of skilled workers (In the last 30 years Korean investment in R&D five-fold the levels in LAC) – Higher vulnerability to natural disasters (5.4 natural disaster events per country in 1970; 15.6 in 2000)
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The private sector! in Latin America is key for sustaining growth and reducing inequality
90%
of jobs
are created by the private sector
Challenges !
Insufficient savings and investment ! Less than 20% in last 10 years !
Stagnant productivity! 50% less than US on average ! !
High informality! 41% in the region !
Limited access to finance US$35 b of unmet demand for credit of MSMEs
!
! !
Large infrastructure gap private sector could invest up to US$34 b /year !
Low investment in technology, innovation and a lack of skilled workers Korean investment in R&D is five-fold the levels in LAC In the last 30 years !
Higher vulnerability to natural disasters in 1970 there were 5.4 natural disaster events per country versus 15.6 in 2000
Resources
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Keynote Powerpoint Prezi
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www.iadb.org News Photos !
www.iadb.webdamdb.com !
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search.creativecommons.org www.iStockphoto.com !
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www.Lynda.com !
Garr Reynolds www.presentationzen.blogs.com
Nancy Duarte www.duarte.com/blog
Scott Schwertly www.ethos3.com/blog
www. slideshare.net
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