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Participants in XXXIV Regional Seminar on Fiscal Policy Stress the Importance of Strengthening Tax Revenues and Public Spending as Instruments for Development

14 Jun 2022 | News

Leading officials and other authorities from the Finance Ministries of 12 Latin American and Caribbean countries, along with prominent international experts, concluded today the XXXIV Regional Seminar on Fiscal Policy, where they addressed the fiscal policy challenges for a sustainable and inclusive recovery. The event – organized by the Economic Commission for Latin America and the Caribbean (ECLAC), with support from the Inter-American Development Bank (IDB), the Organisation for Economic Co-operation and Development (OECD), the World Bank and the International Monetary Fund (IMF), and spons…

ECLAC Will Present a New Report Analyzing the War in Ukraine’s Socioeconomic Effects on Latin America and the Caribbean

31 May 2022 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will present next Monday, June 6, a new policy brief in which it examines the economic and social impact of the war in Ukraine on the region, and offers countries recommendations on how to address its effects. The new document – entitled Repercussions in Latin America and the Caribbean of the war in Ukraine: how should the region face this new crisis? – analyzes economic and social variables as well as the different sectors of the regional economy that have been affected by the armed conflict that began in February of this yea…

Issuance of Sustainability-linked Bonds by Latin American Companies in International Markets Grows Exponentially in 2021

30 Mar 2022 | News

The use of environmental, social and governance (ESG) instruments by debt issuers from Latin America and the Caribbean (LAC) in international markets has grown very rapidly in the last two years. In particular, in 2021 there was an exponential growth in the international issuance of sustainability-linked bonds (SLB) by companies in the region, according to a new Economic Commission for Latin America and the Caribbean (ECLAC) report published by the Commission’s Office in Washington DC. LAC ESG International Bond Issuance by Type of Instruments (US$ Million) Source: authors’ elaboration…

Alicia Bárcena: The Hallmark of Equality and its Key Impact on Development in the Region Distinguish ECLAC’s Legacy in the Last Decade

24 Mar 2022 | News

“The hallmark of equality and its key impact on the development process of countries in the region and on human progress distinguish the legacy of the Economic Commission for Latin America and the Caribbean (ECLAC) over the last decade,” Alicia Bárcena, Executive Secretary of the United Nations regional Commission, said today during the presentation of a special edition of the journal El Trimestre Económico dedicated to analyzing ECLAC over the last ten years. “The issue we are presenting today is the result of a generous invitation that we interpret as sincere recognition of the work …

Experts Reiterate the Importance of Innovation, Technological Development and Public-Private Cooperation for a Green, Inclusive and Sustainable Recovery in the Region

8 Mar 2022 | News

Innovation, technological development and public-private cooperation are essential for a green, inclusive and sustainable recovery after the COVID-19 pandemic, according to experts gathered today at the SDG Business Forum in Latin America and the Caribbean 2022: Innovation and Public-Private Cooperation for an Inclusive and Sustainable Recovery, who stressed the importance of forging social compacts between governments, civil society and the private sector with a view to implementing the 2030 Agenda in the region. The event – organized by the Economic Commission for Latin America and the Carib…

Multilateral Banks and OECD View Escazú Agreement as Critical for Creating a Climate of Sustained and Sustainable Investments

8 Mar 2022 | News

Representatives of the Economic Commission for Latin America and the Caribbean (ECLAC), the Central American Bank for Economic Integration (CABEI), the Inter-American Development Bank (IDB), the World Bank, the European Investment Bank (EIB) and the Organisation for Economic Co-operation and Development (OECD) highlighted today the relevance of the Escazú Agreement as a critical tool for generating certainty and stability in investments, at a side event during the Fifth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development, which is taking place th…

How to Follow the Fifth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development

5 Mar 2022 | News

The Fifth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development will take place March 7-9, 2022 under the presidency pro tempore of Costa Rica. The goal of this Forum is to assess the progress in the region toward implementation of the 2030 Agenda for Sustainable Development. The Forum will be attended by high authorities including Carlos Alvarado, President of Costa Rica, current holder of the ECLAC pro tempore presidency; Amina Mohammed, United Nations Deputy Secretary-General; and Alicia Bárcena, Executive Secretary of the Economic Commission f…

The President of Costa Rica, the Deputy Secretary-General of the United Nations and the Executive Secretary of ECLAC will Inaugurate the Fifth Meeting of the Forum of the Countries of Latin America and Caribbean on Sustainable Development

4 Mar 2022 | Announcement

The President of Costa Rica, Carlos Alvarado, the Deputy Secretary-General of the United Nations, Amina Mohammed, and the Executive Secretary of ECLAC, Alicia Bárcena, will participate in the opening session of the fifth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development, from March 7-9, 2022 in Costa Rica, current holder of the Economic Commission for Latin America and the Caribbean (ECLAC) pro tempore presidency. Attendance at the event has been confirmed for 750 people, including representatives of governments, international institutions, the…

Costa Rica will host the fifth Meeting of the Forum of the Countries of Latin America and Caribbean on Sustainable Development

28 Feb 2022 | Announcement

On March 7-9, 2022, Costa Rica will host the fifth meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development, where high authorities and representatives of governments, the United Nations System, international institutions, the private sector, academia and civil society will meet to review the progress and challenges of implementing the 2030 Agenda for Sustainable Development in the region. The inter-governmental event will be inaugurated on Monday, March 7 at 8:00 a.m. (GMT-6) in Costa Rica, by Carlos Alvarado, President of Costa Rica, current holder…

Regional Integration and Solidarity are Essential to Confront Growing Global Asymmetries and Disparities Between Developed and Developing Countries

4 Feb 2022 | News

Regional integration and solidarity are essential to confront the growing global asymmetries and disparities between developed countries and developing countries, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), emphasized today during the Coordination Segment of the United Nations Economic and Social Council (ECOSOC), where she referred to the causality and linkages between variables to build back better with an integrated policy strategy. “Even as recoveries continue, divergence in growth rates, vaccination rates, fiscal stimulus, ac…

ECLAC Reaffirms its Commitment to Support CELAC during New Pro-Tempore Presidency Assumed by Argentina

7 Jan 2022 | News

The Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed its commitment to continue supporting the work program of the Community of Latin American and Caribbean States (CELAC) during the new pro-tempore Presidency assumed today by Argentina. The United Nations regional organization’s Executive Secretary, Alicia Bárcena, sent a recorded message to the XXII Meeting of Ministers of Foreign Affairs of CELAC, which was held in Buenos Aires this Friday, January 7, 2022. At the meeting, in representation of the outgoing pro-tempore Presidency – held by the Government of Mexico –…

ECLAC Will Present from Mexico its Annual Report on the Preliminary Overview of the Economies of Latin America and the Caribbean 2021

5 Jan 2022 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Wednesday, January 12 its annual flagship report Preliminary Overview of the Economies of Latin America and the Caribbean 2021, which examines the behavior of the region’s economies during the year that recently ended and updates growth estimates and other economic indicators that reflect the impact of the COVID-19 crisis and the subsequent recovery on the countries of the region. More specifically, the document will present new Gross Domestic Product (GDP) estimates for the region and all of its countries in 2…

Online launch of the Latin American Economic Outlook 2021

25 Nov 2021 | Announcement

Register for the launch event English- Spanish interpretation will be available Despite rapid and well‑targeted policy action to respond to the crisis, the Latin American and Caribbean (LAC) region has been the global epicentre of the COVID -19 pandemic with the greatest socio-economic impacts. Although positive growth is foreseen for 2021, gross domestic product per capita is not expected to return to pre‑crisis levels before 2023‑24. The impact of the crisis has been asymmetric, particularly affecting the most vulnerable groups. The 14th edition of the Latin American Economic Outlook…

Member States and Associate Countries of the Caribbean Development and Cooperation Committee will Address Challenges to Accelerate the Recovery and Strengthen Economic Resilience in the Subregion

3 Nov 2021 | Announcement

On Friday, November 5, the Member States and Associate Countries of the Caribbean Development and Cooperation Committee will meet virtually in order to address the challenges posed by the recovery from the COVID-19 crisis and to strengthen economic resilience in the subregion at the twentieth meeting of the Monitoring Committee of this subsidiary body of the Economic Commission for Latin America and the Caribbean (ECLAC). The Caribbean Development and Cooperation Committee (CDCC) officially meets every two years, its main objectives being to promote and strengthen economic and social cooperati…

Growing Global Asymmetries between Developed and Developing Countries Hinder a Post-Pandemic Recovery with Greater Equality and Sustainability: ECLAC

18 Oct 2021 | News

Presentation by Alicia Bárcena, ECLAC Executive Secretary (PDF). The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, participated today in a high-level dialogue between the United Nations Regional Commissions and the Second Committee (on economic and financial matters) of the global organization’s General Assembly, where she flagged the growing global asymmetries between developed countries and developing nations, above all in terms of access to vaccines and financing, as well as concentration of wealth, income and technolog…

The COVID-19 crisis has reaffirmed the importance of harnessing technological advances and exposing territorial inequalities to promote decent jobs in Latin America, underlined specialists at an event on informal labor

8 Oct 2021 | News

The COVID-19 crisis has reaffirmed the need to promote productive, decent jobs in Latin America, which includes the implementation of multisectoral policies to confront the high rates of informal labor that characterize the region, underlined government representatives and specialists in the international seminar on Labour Informality: Challenges posed by technological change, territorial inequality and the need for social protection, organized on October 6-7, 2021 by the Economic Commission for Latin America and the Caribbean (ECLAC). The event presented the key findings of the project Transf…

Alicia Bárcena: Foreign Direct Investment is at the Center of the Post-Pandemic Recovery Plan

7 Oct 2021 | News

Foreign Direct Investment (FDI) is at the center of the recovery plan in the aftermath of the pandemic, particularly to promote the creation of formal jobs and reactivate economic activity, said Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), during a high-level seminar organized by Mexico’s National Institute of Statistics and Geography (INEGI). The meeting entitled Measuring quality in Foreign Direct Investment: challenges and opportunities brought together distinguished specialists from multilateral organizations such as the Intern…

New Report Highlights Paths for Generating Employment, Work and Income Based on Sustainable Investments in Brazil

29 Sep 2021 | News

On September 9, the Brazil Office of the Economic Commission for Latin America and the Caribbean (ECLAC), the Inter-Union Department of Statistics and Socioeconomic Studies (DIEESE) and the Friedrich Ebert Stiftung (FES) foundation’s contingent in Brazil held a virtual event to launch a report entitled The Big Push for Sustainability and the dynamics of employment, work and income: Work in the context of the Brazilian economy’s social and ecological transformation (available in Portuguese). With Professor André Roncaglia of the Federal University of São Paulo (UNIFESP) moderating, the event ha…

ECLAC Participated in the Presentation of the Document “Guidelines for Productive Transformation in Santiago del Estero” in Argentina

29 Sep 2021 | News

The document Guidelines for Productive Transformation in Santiago del Estero (in Spanish only), presented recently by the office of the Economic Commission for Latin America and the Caribbean (ECLAC) in Buenos Aires, Argentina, is the product of joint work by national authorities and officials from Santiago del Estero province and was developed in collaboration with ECLAC in the framework of the project “Productive development and spatial heterogeneity in Latin America: Institutions and Capacity Development in the Planning and Implementation of Regional Production Policies,” which is supported…

Fighting Illicit Flows and Tax Non-Compliance and Alleviating Debt are Key to Expanding Developing Countries’ Fiscal Space: ECLAC

28 Sep 2021 | News

Fighting illicit trade flows, tackling tax non-compliance and establishing mechanisms to alleviate the debt of the most vulnerable nations are key actions for expanding developing countries’ fiscal space amid the current crisis stemming from the COVID-19 pandemic, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stressed today during a high-level event with Heads of State and Government held during the 76th United Nations General Assembly. ECLAC’s highest authority was one of the main speakers at the Meeting of Heads of State and Gover…

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