A Public Policy Observatory is an information system that is responsible for producing, systematize and provide knowledge on a particular area or areas of interest and use to public managers (OAS). The Observatory of Fiscal Policy in Guatemala seeks to contribute elements of analysis and proposals on the different components of public finances, in order to identify and implement solutions to national problems in this area.
Sustainable development is development that meets the needs of the present without compromising future generations in their living standards. Safeguarding the natural and human resources, on which depends the welfare of present and future generations.
It is necessary to promote the implementation of actions aimed at sustainable use of natural resources to ensure sustainable economic growth.
Economic development should be centered on the human being and the economy must improve the quality of life of people. It is therefore crucial job creation, as a pillar of social justice and peace, as well as a bulwark against the economic crisis, supporting overcoming poverty and social exclusion. In the medium term inequality reduction and sustainable growth go hand in hand. Countries with more equitable income distribution are conducive to the emergence of opportunities and are more resistant to the ravages of economic shock or crisis.
Globalization, particularly in the financial and commercial area, has brought an increase in volatility and financial and economic uncertainty, bringing social risks and difficulties in adapting to the new conditions.
Therefore it requires constant vigilance, through sophisticated models, which have increased assertiveness of projections, affecting corporate, government and citizens decisions.