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ECLAC Study on Foreign Direct Investment puts focus on the Caribbean

27 May 2015 | News

The Caribbean receives higher amounts of Foreign Direct Investment (FDI) when compared to other developing economies, according to a newly published report from the Economic Commission for Latin America and the Caribbean (ECLAC). Entitled “Foreign Direct Investment in Latin America and the Caribbean”, the flagship report was launched by ECLAC Executive Secretary, Alicia Bárcena, on 27 May at the organization’s headquarters in Santiago, Chile. This year, the annual report places increased emphasis on the importance of foreign direct investment (FDI) for the Caribbean. FDI inflows into the Carib…

ECLAC panel discussion explores innovative financing solutions for the Caribbean

7 May 2015 | News

ECLAC Deputy Executive Secretary Antonio Prado moderated the panel discussion entitled “Advocating innovative financing solutions” at the Forum on the Future of the Caribbean on Thursday 7 May 2015. The session, which examined opportunities that exist for domestic and international development financing for Caribbean Small Island Developing States (SIDS), was considered especially timely given the upcoming United Nations Conference on Financing for Development being held in Addis Ababa in July. Mr. Prado outlined important areas of focus for countries of the region during the session, the firs…

ECLAC Deputy Executive Secretary opens Caribbean Future Forum

5 May 2015 | News

ECLAC’s Deputy Executive Secretary Antonio Prado signaled that if the Caribbean is to achieve equitable growth in an environmentally sustainable manner, critical challenges will have to be addressed, the most urgent of these being the high and unsustainable levels of public debt. Speaking at the opening ceremony of the Forum on the Future of the Caribbean at the University of the West Indies St Augustine campus in Trinidad and Tobago on 05 May 2015, Mr. Prado identified the subregion as one of the most debt-constrained in the world. Noting that the countries of Latin America and the Caribbean …

Caribbean Governments Set to Gain Greater Capacity in the Management of Public Finance

2 Dec 2014 | News

Caribbean governments are set to gain greater capacity in the management of public finance since during the next three years, the ECLAC subregional headquarters for the Caribbean will help deepen the expertise of policy makers and finance managers in the application of methods and procedures for better management and forecasting of public expenditure, revenue and debt. The recent global economic crisis was particularly severe on the economies of the Caribbean, especially those that depend heavily on services for their economic growth. It has exacerbated already existing high-levels of debt for…

Caribbean Economic Growth Set To Increase in 2015

2 Dec 2014 | News

The Caribbean economy has experienced increased growth in the last year, moving from 1.4% in 2013 to 1.8% in 2014, with even more positive prospects for 2015, according to the Economic Commission for Latin America and the Caribbean (ECLAC), at the launch of the flagship report: “Preliminary Overview of the Economies of Latin America and the Caribbean 2014”. This was presented by ECLAC Executive Secretary Alicia Bárcena at the Commission’s headquarters in Santiago, Chile on 2 December 2014, and was broadcast online and via videoconference. Following this launch, the ECLAC subregional headq…

ECLAC Development Project to assist Caribbean SIDS with public sector account management

1 Oct 2014 | News

Caribbean governments are set to gain greater capacity in the management of public finance. During the next three years, the Economic Commission for Latin America and the Caribbean (ECLAC) will help deepen the expertise of policy-makers and finance managers in the application of methods and procedures for better management and forecasting of public expenditure, revenue and debt. The recent global economic crisis has been particularly severe on the economies of the Caribbean, especially on those that depend heavily on services for their economic growth. Four countries in the region have h…

Vulnerabilities of Caribbean Small Island Developing States Will Be Analyzed at International Conference

1 Sep 2014 | Announcement

The vulnerability of Caribbean SIDS will be the topic of discussion at the Third International Conference on Small Island Developing States (SIDS) that will take place from 1-4 September 2014 in Apia, Independent State of Samoa. During the event, whose overarching theme is "The sustainable development of small island developing states through genuine and durable partnerships", much attention will be given to presentations and discussions that showcase existing or proposed partnerships between SIDS and the wider international community. The Economic Commission for L…

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