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In Latin America and the Caribbean: Fragile and Uneven Economic Recovery Expected, Warns New UN Report

25 Jan 2021 | Press Release

New York, 25 January — Latin America and the Caribbean will face a fragile and uneven recovery as the COVID-19 crisis may leave lasting scars on the region’s economies, according to the UN World Economic Situation and Prospects (WESP) 2021, which was launched today. The report warns that the devastating socio-economic impact of the COVID-19 pandemic will be felt for years to come unless smart investments in economic, societal and climate resilience ensure a robust and sustainable recovery of the global economy. In 2020, the world economy shrank by 4.3 per cent, over two and half times more th…

Latin America and the Caribbean’s Foreign Trade Marks its Worst Performance since the Global Financial Crisis Due to the Pandemic

22 Jan 2021 | Press Release

Presentation by ECLAC’s Executive Secretary, Alicia Bárcena (in Spanish). Latin America and the Caribbean’s foreign trade in 2020 had its worst performance since the global financial crisis of 2008-2009, above all because of the economic crisis prompted by the global COVID-19 pandemic and the restrictions imposed by governments to stop its spread. According to new projections by ECLAC, it is estimated that the value of regional exports dropped -13% in 2020 while imports shrank by -20%, the United Nations organization indicated today upon unveiling a new edition of its flagship annual report I…

Countries Confirmed their Commitment to the Regional Agenda for Inclusive Social Development for Tackling the Current Crisis and Moving Towards a Transformative Recovery with Equality at the Center

13 Jan 2021 | Press Release

The Regional Agenda for Inclusive Social Development (RAISD) – approved in 2019 and the axes of which have become a priority during the COVID-19 crisis – can contribute to tackling the current emergency as well as to moving towards a transformative recovery with equality at the center, as Latin American and Caribbean countries exchange experiences and engage in solidarity-based cooperation among themselves, authorities and officials asserted on Wednesday, 13 January, during the Fourth Meeting of the Presiding Officers of the Regional Conference on Social Development in Latin America and the Ca…

Leaders from Latin America and the Caribbean Envision Development in the Region Beyond COVID-19 Response and Recovery

12 Jan 2021 | Press Release

January 12, 2021, New York City, USA – Today is the start of the 12th Ministerial Forum for Development in Latin America and the Caribbean- a three day virtual meeting where global and regional sustainable development experts and top government officials come together to discuss the way forward for development in the region beyond OVID-19 response and recovery. The 2020 Ministerial Forum, “Beyond Recovery. Towards a new social contract for LAC” will focus on three critical areas for development moving forward: strengthened social protection and fiscal systems; inclusive digital transformation;…

Alicia Bárcena Calls for Implementing a Big Push for Sustainability to Build a Future with More Equality, Solidarity and International Cooperation

11 Jan 2021 | Press Release

“The world is at a crossroads: development needs to be reformulated and economic policies, reshaped,” Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean, indicated today during a keynote lecture delivered in the framework of the commencement of the 21st edition of ECLAC’s School of Latin American Development Studies. The senior United Nations official called for implementing a big push for sustainability to build a future with more equality, solidarity and international cooperation. “We must act now to tame the emergency and think of the long te…

Latin America and the Caribbean Will Have Positive Growth in 2021, but It Will Not Be Enough to Recover Pre-Pandemic Levels of Economic Activity

16 Dec 2020 | Press Release

The Latin America and the Caribbean region will experience a contraction of -7.7% in 2020 but will have a positive growth rate of 3.7% in 2021, due mainly to a statistical rebound that will nonetheless be insufficient for recovering the economic activity levels seen prior to the coronavirus pandemic (in 2019), ECLAC indicated today in a new report. ECLAC released its Preliminary Overview of the Economies of Latin America and the Caribbean 2020 – one of the United Nations organization’s flagship annual reports – during a virtual press conference given by its Executive Secretary, Alicia Bárcena.…

United Nations Warns about the Increased Risk of Violence in the Home against Children and Adolescents Amid COVID-19 and Issues Recommendations to Address It

15 Dec 2020 | Press Release

In the time of COVID-19, children and adolescents in Latin America and the Caribbean have been and continue to be exposed to greater risk of becoming victims of violence in the home, while they also enjoy fewer protection factors, according to a document published by the Economic Commission for Latin America and the Caribbean (ECLAC), the United Nations Children’s Fund (UNICEF) and the Office of the Special Representative of the Secretary-General on Violence against Children. The document entitled Violence against children and adolescents in the time of COVID-19 warns that recent estimates poi…

Authorities and Experts Highlight the Escazú Agreement’s Importance for Guaranteeing Human Rights in Latin America and the Caribbean

10 Dec 2020 | Press Release

Authorities from Costa Rica and Mexico, along with senior representatives of United Nations organizations and other prominent figures, highlighted today the importance of the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters in Latin America and the Caribbean – known as the Escazú Agreement – for defending and protecting human rights, at a high-level event held in the framework of the Second Meeting of the Signatory Countries to the Escazú Agreement, which has been taking place virtually on December 9-10 under the auspices of the Government …

Signatory Countries to the Escazú Agreement Call for Working Together to Defend Fundamental Rights and Foster Sustainable Development in the Region

9 Dec 2020 | Press Release

Representatives of the signatory countries to the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters in Latin America and the Caribbean – known as the Escazú Agreement – began their second work meeting with a call to work together, strengthening multilateralism and cooperation to defend people’s fundamental access rights and to foster sustainable development in the region, in line with the goals of the United Nations’ 2030 Agenda. At the Second Meeting of the Signatory Countries to the Escazú Agreement, which is being held virtually this Dece…

ECLAC Highlighted the Innovative Approach of the Comprehensive Development Plan for Northern Central America and Mexico to Addressing the Structural Causes of Migration, Which Has Been Exacerbated by COVID-19

8 Dec 2020 | Press Release

Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), presented today progress on the Comprehensive Development Plan for El Salvador, Guatemala, Honduras and south-southeast Mexico, which addresses the structural causes of irregular migration with a development and integration perspective, highlighting its innovative approach and its capacity to create synergy with the Comprehensive Regional Protection and Solutions Framework (MIRPS) and with multiple actors, both public and private, particularly in the context of the COVID-19 crisis, which…

ECLAC and PAHO seek to improve the supply of medical products during emergencies in Latin America and the Caribbean

7 Dec 2020 | Press Release

With the aim of preventing interruptions in medical product supplies during future health emergencies, the Economic Commission for Latin America and the Caribbean (ECLAC) and the Pan American Health Organization (PAHO) convened a dialogue between the health, industry, and science and technology sectors in the region. "The scarcity of medical products can cause disruptions in health care and put health and life at risk," said PAHO Director Dr. Carissa F. Etienne. "That's why it's a priority for health, science and technology, and industry to work together to ensure equitable access to medicine…

ECLAC Reaffirms Importance of Regional Productive Integration for Achieving Greater Industrialization, Innovation and Social Protection in Times of Pandemic

4 Dec 2020 | Press Release

“There is a very close relationship between industrialization, manufacturing and integration, because the creation of value chains helps to create high-quality jobs and foster productivity at the same time, while agriculture and natural resources-based sectors lag behind in terms of innovation and social protection,” Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stated today during a high-level, virtual international event organized by the Development Centre of the Organisation for Economic Co-operation and Development (OECD). Bárce…

Foreign Direct Investment in Latin America and the Caribbean Fell by 7.8% in 2019 and a Roughly 50% Plunge is Forecast for 2020

2 Dec 2020 | Press Release

Latin America and the Caribbean received $160.721 billion dollars in Foreign Direct Investment in 2019, 7.8% less than in 2018, a decline that is seen intensifying sharply in 2020 when inflows are forecast to drop by between 45% and 55% as a result of the crisis stemming from the COVID-19 pandemic, the Economic Commission for Latin America and the Caribbean (ECLAC) advised today upon presenting its annual study Foreign Direct Investment in Latin America and the Caribbean 2020 (the document will be soon available on ECLAC’s website). Worldwide, the amount of Foreign Direct Investment (FDI) is s…

Countries of Latin America and the Caribbean Approved the eLAC2022 Digital Agenda

26 Nov 2020 | Press Release

Countries from the region participating in the Seventh Ministerial Conference on the Information Society in Latin America and the Caribbean approved today the Digital Agenda for Latin America and the Caribbean (eLAC2022), which includes 8 areas of action – along with a specific section on the fight against the pandemic and economic recovery – and identifies 39 specific goals for its implementation over the next two years. The eLAC2022Agenda is intended as a catalyst for regional cooperation on digital matters and a mechanism to promote policy design, capacity-building and political dialogue on…

Alicia Bárcena Urges for an Articulated Response to the Crisis, with Greater Cooperation between Multilateral Financial Institutions, to Achieve Sustainable and Egalitarian Growth

26 Nov 2020 | Press Release

The current crisis should serve as an opportunity to achieve broad social and political consensus to implement ambitious reforms through multilateral and regional cooperation, which would allow for achieving sustainable and egalitarian growth that can meet the heterogeneous needs of countries of all income levels, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), stated today. The senior United Nations official spoke at a seminar entitled International financial cooperation amid the Latin American economic crisis, organized by EC…

ECLAC: The Persistence of Violence against Women and Girls in the Region and Femicide, its Maximum Expression, is Troubling

24 Nov 2020 | Press Release

The Economic Commission for Latin America and the Caribbean (ECLAC) expressed its concern today over the persistence of gender-based violence against women and girls in the region and high rates of femicide, or feminicide. According to the latest official data reported to the Commission’s Gender Equality Observatory for Latin America and the Caribbean (GEO), in 2019, 4,640 cases of femicide were recorded in 24 countries (18 in Latin America and 6 in the Caribbean). The situation of women and girls has been aggravated under confinement and the restrictions on movement ordered by countries in th…

Alicia Bárcena: We Call for a Redoubled Commitment to Eradicating the “Shadow Pandemic” of Violence against Women and Girls in the Region

24 Nov 2020 | Press Release

Latin America and the Caribbean has been a pioneer in forging a Regional Gender Agenda since 1977, but it should not let its guard down amid the intensification of violence against women and girls observed during the COVID-19 crisis, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said on Tuesday, November 24. “Today we commemorate the progress made and call for a redoubled commitment to eradicating violence against women and girls, which is a true ‘shadow pandemic,’” she stated. Bárcena was one of the main speakers at a high-level po…

Countries in the Region Stressed the Urgency of Making Progress on Inclusion and Digital Transformation to Emerge from the Crisis and Achieve Development with Equality and Environmental Sustainability

23 Nov 2020 | Press Release

Latin America and the Caribbean must make urgent progress on inclusion and digital transformation, based upon regional integration and international cooperation, in order to tackle the crisis stemming from the COVID-19 pandemic and to achieve development with equality and environmental sustainability, authorities and international officials asserted today during the inauguration of the Seventh Ministerial Conference on the Information Society in Latin America and the Caribbean, organized by ECLAC and the Government of Ecuador and which will take place virtually through Thursday, November 26. “…

To Change the Development Pattern, ECLAC Calls for Forging New Compacts and Coalitions with Transformative Leaderships, at a Seminar Organized by the Vatican

19 Nov 2020 | Press Release

The Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, called today for redoubling efforts to generate new compacts and coalitions in the region that would allow for building back better after the coronavirus crisis and for transforming our societies with equality and sustainability, during a high-level virtual seminar organized by the Pontifical Commission for Latin America (CAL) and the Pontifical Academy of Social Sciences (PASS), of the Vatican, along with the Latin American Episcopal Council (CELAM). “At ECLAC we are …

ECLAC: Planning Must Be an Instrument of Change in Order to Build a New Future with Equality and Sustainability

12 Nov 2020 | Press Release

The current global and regional context demands flexible, participatory, comprehensive and inclusive planning, which can serve as an instrument of change to build a new, post-pandemic future with equality and sustainability, according to the high-level authorities from Latin America and the Caribbean attending the twenty-eighth meeting of the Presiding Officers of the Regional Council for Planning (RCP), which is taking place virtually today. This event has been organized by the Government of Uruguay, as Chair of the RCP’s Presiding Officers, and the Economic Commission for Latin America and t…

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