Country Economic Memoranda (CEM) and Development Policy Reviews (DPR) analyze key aspects of a country’s economic development, such as growth, fiscal reform, public administration, foreign trade, financial sector development, and labor markets. They are flexible analytic instruments whose structure and content are largely dependent on country circumstances. Their aim is to provide an integrated view of a country’s development priorities and a framework for designing development strategies.

• The Country Economic Memorandum (CEM) provides a comprehensive analysis of a country's economic developments, prospects, and policy agenda and it identifies policy reforms for key economic sectors. The CEM also (a) serves as a basis for dialogue with government on critical policy issues; and (b) provides background information and analysis to members of aid groups and other donors.
• The Development Policy Review (DPR) provides an integrated view of the main elements of a country’s policy agenda to achieve sustainable growth and poverty reduction; synthesizes the findings of the Bank’s diagnostic and customized ESW, and other available analysis; and presents the development policy agenda in an integrated framework within which issues of policy consistency, priorities, and sequencing could be addressed.

Recent Country Economic Reports in the LAC Region

• Argentina CEM (2005) 
• Bolivia CEM (2005)
• Chile DPR (2006)
• Colombia CEM (2005)
• Costa Rica CEM (2006) 
• Ecuador DPR (2004)
• El Salvador CEM (2003)
• Guatemala CEM (2005)
• Haiti CEM (2006)
• Honduras DPR (2004)
• Nicaragua DPR (2004)
• Uruguay (2005)