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Program Supports the Development of an Integrated National Financing Framework for Achieving the SDGs in Cuba

31 March 2023 | News

The Cuban financial landscape is marked by unstable, undiversified and largely unsustainable access to sources of development financing. Given the existence of a reduced and narrow range of sources of financing (family remittances, foreign direct investment, bilateral loans, official development assistance), the country depends on current flows – especially exports – to finance production, public services, infrastructure and development. This is an especially adverse context, even though Cuba is a middle-income country. In recent years, the toughening of the U.S. blockade, the effects of the i…

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

5 January 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…

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

7 October 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…

ECLAC Urges for Strengthening Welfare States and Moving Towards a Care Society for a Transformative Recovery with Equality and Sustainability

21 September 2021 | News

To achieve a transformative recovery in the wake of the COVID-19 pandemic, which puts emphasis on investment for equality and sustainability, we must transform the State by restructuring the education and health systems, strengthening welfare states and moving towards a care society, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stated today during a virtual keynote lecture given at the National Autonomous University of Mexico (UNAM). ECLAC’s highest authority participated in the 14th National Dialogue for a Social Mexico: Developme…

ECLAC Examines the Digital Transformation Process of Tourism-related MSMEs in SICA Countries

30 June 2021 | News

The Micro, Small and Medium-sized Enterprises (MSMEs) dedicated to tourism in the member countries of the Central American Integration System (SICA) recognize the importance of digital tools for attracting tourists, attaining visibility and selling, and they show great willingness to engage with them. However, they still only make basic use of these technologies for communicating and promoting their business, missing opportunities to improve their competitiveness, productivity and sustainability, according to a new document published by the Economic Commission for Latin America and the Caribbe…

Alicia Bárcena: The Current Health and Climate Crises are the Result of an Unsustainable Development Model

5 February 2021 | News

“The current health and climate crises are the result of an unsustainable development model. Both are global public ills. They arise from the destruction of nature and require collective, simultaneous action along with international cooperation,” underscored Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), during a virtual keynote lecture organized by the Oxford University International Development Department (United Kingdom). The current development model, explained Bárcena, is associated with, among other things, a falling rate of pr…

New Document by ECLAC Examines the Structural Gaps that Characterize the Region

22 December 2020 | News

Although Latin America and the Caribbean is made up largely of countries that are considered to be middle income, it is the most unequal region in the world. Latin American and Caribbean countries are characterized by the prevalence of historical and deeply rooted socioeconomic disparities and inequalities, the continuance of archaic patterns of wealth distribution, and a very widespread culture of privilege, all of which give rise to structural gaps in numerous areas, according to the document Structural Gaps in Latin America and the Caribbean, a Conceptual-Methodological Perspective (Sp…

ECLAC Identifies 6 Lessons to Promote the Use of Family Remittances to Strengthen Value Chains

22 September 2020 | News

Although a large share of remittances received by households are used to cover immediate needs, such as food, health care and housing, there is an opportunity to allocate part of these resources to income-generating productive activities, according to a study carried out by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Fund for Agricultural Development (IFAD) with the governments of the Dominican Republic, El Salvador and Guatemala. The document entitled Fostering investment of the family remittances in value chains: Case studies in the Dominican Rep…

ECLAC Analyzes the Link between Trade Agreements, Intellectual Property and Access to Medicines

22 June 2020 | News

ECLAC’s Subregional Headquarters in Mexico recently published the document “Innovation and Intellectual Property: The Case of Patents and Access to Medicines,” (in Spanish only) which analyzes the link between trade agreements – particularly the rules protecting intellectual property – and development, by studying access to medicines and the tools that States have at their disposal to fulfill their international human rights obligations. According to the report, although the right to public health has been strengthened in recent decades and the international community recognizes its importance…

Public Policies Are Key to the Financial Inclusion of Rural Areas in the Region

18 March 2020 | News

The Economic Commission for Latin America and the Caribbean (ECLAC), in collaboration with the International Fund for Agricultural Development (IFAD) and the financial support of the European Union, has contributed to the analysis and development of strategies and policies to diversify the economic activities carried out by rural households in situations of poverty. A key component of these efforts has been the analysis of rural value chains. According to the document Strengthening Financial Inclusion and Capacities in Rural Areas: Guidelines for a Plan of Action (in Spanish only), edite…

ECLAC: Central America and the Dominican Republic Will Grow 3.2% in 2020

12 March 2020 | News

The economies of Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) and the Dominican Republic – known as the CARD countries in Spanish – will have a weighted average growth rate of 3.2% in 2020, with the highest rates forecast for the Dominican Republic and Panama, the Economic Commission for Latin America and the Caribbean (ECLAC) revealed. The document Preliminary Overview of the Economies of Central America and the Dominican Republic in 2019 and Prospects for 2020 explains that the international context was affected by trade tensions and great political un…

Latin America Must Move from the Capitalism of Shareholders to a Fairer and More Inclusive Capitalism of Stakeholders

19 February 2020 | News

Promoting sustainable development and equality is not the work of a single actor – the State or the private sector – but rather of society as a whole, and the business sector plays a critical role, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) highlighted at a high-level event with Mexican businesspeople held on Tuesday, February 18 in Mexico City, and presided by Nicolás Mariscal Torroella, Chairman of Consejo Marhnos. The United Nations regional organization’s most senior representative was one of the speakers on a panel entitled “Perspectives…

Mexico Continues to Be One of the Main Investors in Central America, but Its dynamism is Waning

9 December 2019 | News

Mexico’s Foreign Direct Investment (FDI) has increased during the 2009-2017 period in the Central American region, but it has shown less dynamism than the total amount of investment abroad, according to the document Mexican investment in Central America (in Spanish only), published recently by ECLAC’s Subregional Headquarters in Mexico. This reduced dynamism suggests that Mexican companies have readjusted their investment strategies, the study indicates. Mexico figures as the second-biggest investor in nearly all Central American countries, with the exception of Panama, where its FDI has been …

ECLAC Will Present in Mexico its Economic Survey of Latin America and the Caribbean 2018

16 August 2018 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will present its annual report Economic Survey of Latin America and the Caribbean 2018 on Thursday, August 23, at 11 a.m. (GMT -5) at the organization’s Subregional Headquarters in Mexico, in Mexico City. The report, which will provide updated economic growth projections for the countries of the region, will be unveiled at a press conference led by the Executive Secretary of the United Nations regional organization, Alicia Bárcena. The launch will also be transmitted live via the Internet on the institution’s website (www.cepa…

The Economies of Central America and the Dominican Republic Will Grow 4.4% in 2018

22 March 2018 | News

The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that average growth for the economies of Central America and the Dominican Republic (CADR) will reach 4.4% in 2018, representing a 0.4 percentage point increase over what was recorded in 2017. This is according to the report Central America and the Dominican Republic: Economic Evolution in 2017 and Prospects for 2018. Preliminary Overview, published recently by the organization’s Subregional Headquarters in Mexico. The document adds that consumption and investment are expected to decelerate, due to fresh increases in…

Financial Inclusion of Small Rural Producers is a Key Strategy for Sustainable Rural Development with Equality: ECLAC

22 December 2017 | News

Progressive structural change in rural areas requires innovative strategies and tools for its implementation, together with greater capacity for coordination among multiple actors and instruments, where the public sector is strategically placed to serve as a catalyst, according to a new publication by the Economic Commission for Latin America and the Caribbean (ECLAC). The Financial inclusion of small rural producers reveals the vast inequalities existing in rural areas where, according to the latest estimates, poverty and indigence rates practically double those of urban areas. This means tha…

Alicia Bárcena Reaffirms Need for a New Development Model at High-level Forum alongside Noam Chomsky and Nobel Prize Winner Mario Molina

15 November 2017 | News

“Latin America and the Caribbean needs to move toward a new development paradigm based on equality and environmental sustainability as the drivers of growth. The current model, capitalism, doesn’t work,” Alicia Bárcena, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stated this Wednesday, November 15, at a high-level forum held in Mexico City. Bárcena participated in the opening session of the international forum The Siege Upon Civilization: From Wall to Wall – organized by the National Autonomous University of Mexico (UNAM) and the University o…

Financial Inclusion Creates Opportunities and Allows for Achieving the SDGs, ECLAC Sustains

4 September 2017 | News

Financial inclusion is a tool that boosts the creation of opportunities and strengthens the ability to achieve the Sustainable Development Goals (SDGs), the Economic Commission for Latin America and the Caribbean (ECLAC) indicates in two studies carried out by the organization’s Subregional Headquarters in Mexico. In the first study, ECLAC underscores that El Salvador faces the challenge of institutionalizing a national strategy for financial inclusion, while in the second, it stresses that Honduras must seek to strengthen its National Financial Inclusion Strategy (NFIS), adopted by that count…

Economic Performance of Latin American and Caribbean Countries during 2017 will Be Analized in New ECLAC Report

19 July 2017 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will present next Thursday, 3 August, its Economic Survey of Latin America and the Caribbean 2017, a publication updating growth estimates for the region’s countries in the current year. ECLAC’s Executive Secretary, Alicia Bárcena, will present the report during a press conference that will be held at 11:00 a.m. (GMT – 04:00) at the organization’s headquarters in Santiago, Chile, and will be broadcast live via Internet at the institution’s Web site. The Economic Survey of Latin America and the Caribbean is one of ECLAC’s most…

ECLAC Calls for Strengthened South-South Cooperation to Attain the Sustainable Development Goals

25 April 2017 | News

Only by combining initiatives and efforts will the countries of Latin America and the Caribbean be able to attain the Sustainable Development Goals (SDGs), since what is needed is global governance and new partnerships between States, their citizens and the private sector. In responding to that imperative, South-South cooperation can and must make a significant contribution, says the Economic Commission for Latin America and the Caribbean (ECLAC). Daniel Titelman, the Director of the Economic Development Division of ECLAC, representing the Executive Secretary of the United Nations Regional Co…

30 search results. Displaying 20 per page.