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First Meeting of the Presiding Officers of the Regional Conference on South-South Cooperation in Latin America and the Caribbean Took Place at ECLAC’s Headquarters

19 June 2024 | Press Release

Representatives of government, the United Nations System, and regional and international organizations participated today in the First Meeting of the Presiding Officers of the Regional Conference on South-South Cooperation in Latin America and the Caribbean, which took place at ECLAC’s central headquarters in Santiago, Chile. The meeting was inaugurated by Luis Fidel Yáñez, Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) – speaking on behalf of the organization’s Executive Secretary, José Manuel Salazar-Xirinachs – and Mateo Estremé, Director-General of Interna…

“No More Lost Decades for Latin America and the Caribbean”: ECLAC Lays Out its Proposal for Economic and Social Transformation

7 June 2024 | Press Release

The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, warned that Mexico along with Latin America and the Caribbean as a whole are facing a development crisis that is manifested in three main traps: low, volatile, exclusionary and unsustainable growth; high inequality, low social mobility and social cohesion; and low institutional capacities and ineffective governance. After being awarded with the Maestro Ricardo Torres Gaitán 2024 Lecture from the National Autonomous University of Mexico (UNAM), and expressing his gratit…

Latin American and Caribbean Economies Will Grow 2.1% in 2024, in a Context of Global Uncertainty

9 May 2024 | Press Release

The Economic Commission for Latin America and the Caribbean (ECLAC) made a slight upward revision to its growth projection for the region’s economies in 2024. According to new estimates released today, the United Nations organization forecasts that the region will grow by 2.1% on average this year, with South America growing by 1.6%, Central America and Mexico by 2.7%, and the Caribbean (excluding Guyana) by 2.8%. The region’s expected expansion in 2024 continues on the path of low economic growth observed in recent years, and the major challenge is how to move towards higher, more dynamic and…

Major Transformations in Latin America and the Caribbean’s Development Models Require Expanding Fiscal Space to Give Sustainability to Public Finances

8 May 2024 | Press Release

The major transformations needed in Latin America and the Caribbean’s development models in order to achieve more productive, inclusive and sustainable societies require an expansion of fiscal space to give sustainability to public finances, according to the authorities, experts and academics gathered at the XXXVI Regional Seminar on Fiscal Policy, which concluded this Wednesday, May 8 at ECLAC’s headquarters in Santiago, Chile. This renowned regional forum – which has brought together authorities, specialists and members of civil society and academia for 36 years to discuss the fiscal policy …

Surge in Oil and Gas Revenue Drove Up Tax Receipts in Latin America and the Caribbean in 2022

7 May 2024 | Press Release

Tax revenue rose as a share of GDP on average across Latin America and the Caribbean (LAC) countries between 2021 and 2022 due partly to a sharp increase in revenue from the oil and gas sector, according to a new report. Revenue Statistics in Latin America and the Caribbean 2024, released today at the 36th Regional Fiscal Seminar in Santiago, Chile, shows that the average tax-to-GDP ratio in the LAC region rose by 0.3 percentage points (p.p.) in 2022 to 21.5%. This was slightly below its level prior to the COVID-19 pandemic (21.6% in 2019) and below the average tax-to-GDP ratio for OECD countr…

Countries that Make Up the Regional Platform for Tax Cooperation in Latin America and the Caribbean Issue Joint Statement in Support of Brazil’s G20 Presidency

6 May 2024 | Press Release

Authorities from the countries that make up the Regional Platform for Tax Cooperation in Latin America and the Caribbean (PTLAC) met today at the central headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, where the entity held a Meeting of its Council of Treasury, Economy and Finance Ministers. There, the members of PTLAC agreed to issue a joint statement on the platform’s priorities, and they backed Chile to take over the initiative’s pro tempore presidency from Colombia, the country that held that position in the 2023-2024 period. Chile’s …

The Next Summit for Social Development is an Opportunity to Improve Social Conditions in the World, Accelerate Progress on the 2030 Agenda and Strengthen International Cooperation

30 April 2024 | Press Release

The Second World Summit for Social Development to be held in 2025 is a significant opportunity to reduce inequalities and promote social justice and non-discrimination, according to the high-level representatives of diverse United Nations entities attending a dialogue held today at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago. They also emphasized that this global gathering can accelerate efforts to achieve the 2030 Agenda for Sustainable Development and inclusive social development in the world. Despite progress made in recent decades in …

FAO, ECLAC, WFP and IICA: Failure to Eradicate Hunger and Malnutrition Costs More than the Cost of Solutions

29 April 2024 | Press Release

(April 29, 2024, Santiago, Chile) –The new report Financing Food Security and Nutrition in Latin America and the Caribbean, jointly produced by the Food and Agriculture Organization of the United Nations (FAO), the Economic Commission for Latin America and the Caribbean (ECLAC), the World Food Program (WFP) and the Inter-American Institute for Cooperation on Agriculture (IICA), warns that the costs of not combating hunger and malnutrition may be higher than the costs of solutions to ensure food security and better nutrition. According to the report, the cost of inaction in the face of the imp…

COP 3 of the Escazú Agreement Reinforces the Commitment to Recognize, Protect and Promote All the Rights of Human Rights Defenders in Environmental Matters

24 April 2024 | Press Release

The third meeting of the Conference of the Parties (COP 3) 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 – concluded today at the main headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC), reinforcing the commitment to recognize, protect and promote all the rights of human rights defenders in environmental matters. At this three-day meeting, the States Parties approved the Action Plan on Human Rights Defenders in Environmental Matters…

COP 3 of the Escazú Agreement Begins at ECLAC with the Commemoration of International Mother Earth Day

22 April 2024 | Press Release

The third meeting of the Conference of the Parties (COP 3) 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 today at ECLAC’s headquarters in Santiago, Chile, on the precise day that International Mother Earth Day is celebrated worldwide. This event – which will run through April 24 – has brought together authorities and official representatives of countries that are already part of the region’s first environmental treaty as well as observer countries, experts …

Eradicating Poverty and Hunger is an Indispensable Requirement for Achieving Sustainable Development in Latin America and the Caribbean

18 April 2024 | Press Release

Authorities and delegates from 29 Latin American and Caribbean countries, from United Nations agencies and regional and multilateral organizations and from civil society participating in the seventh meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development ended the gathering today with the recognition that without eradicating poverty in all its forms and dimensions, and hunger, it will not be possible to build more inclusive, productive and sustainable development in the region. They further stressed the need to implement comprehensive and cross-secto…

Countries Call for Revitalizing the Commitment to the 2030 Agenda and Fostering Renewed, Bold Policies and Actions for Accelerating Fulfillment of the SDGs

16 April 2024 | Press Release

The countries of Latin America and the Caribbean urged today for revitalizing the commitment to the 2030 Agenda for Sustainable Development and fostering renewed and bold policies and actions to step up the pace towards fulfilling the Sustainable Development Goals (SDGs), at the inauguration of the seventh meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development, which is taking place through Thursday, April 18 at ECLAC’s main headquarters in Santiago, Chile. At the opening session of this event – which has brought together representatives of the regi…

Special Edition of CEPAL Review Presents the Vision of the Organization’s Executive Secretary for Moving Towards a More Productive, Inclusive and Sustainable Development Model

11 April 2024 | Press Release

At a high-level seminar held virtually today, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, unveiled a special edition of the CEPAL Review, the Commission’s main academic publication, in which he presented his vision regarding the major transformations needed for the region to move towards a more productive, inclusive and sustainable development model. This exclusive issue, entitled “75 Years of ECLAC: Towards a More Productive, Inclusive and Sustainable Development Model” (momentarily available only in Spanish), …

ECLAC and CAF Call for Scaling Up and Improving Productive Development Policies in Latin America and the Caribbean

9 April 2024 | Press Release

To achieve a more productive, inclusive and sustainable development pattern, it is urgently necessary to scale up and improve productive development policies. This goes to the heart of the development models in the region and is essential to their transformation, according to the authorities and experts gathered today at the CAF-ECLAC Annual Conference 2024, which is taking place at the central headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. The high-level event – which on this occasion is entitled “The challenge of scaling up and improvi…

Latin America and the Caribbean Must Direct Science, Technology and Innovation Efforts Towards Addressing its Productivity Challenge

4 April 2024 | Press Release

A significant share of the efforts that Latin American and Caribbean countries make in terms of science, technology and innovation (STI) must be directed towards addressing the challenge of the region’s low productivity, which largely accounts for its weak growth, according to participants in the inauguration of the Fourth Meeting of the Conference on Science, Innovation and ICTs of the Economic Commission for Latin America and the Caribbean (ECLAC), organized in conjunction with the Ministry of Science, Technology and Innovation of Colombia. This intergovernmental gathering – which is taking …

Peru Will Be the Host of ECLAC’s Fortieth Session

26 March 2024 | Press Release

The Fortieth Session of the Economic Commission for Latin America and the Caribbean (ECLAC), which is its most important biennial meeting, will take place on October 8-11, 2024 in Peru, according to an agreement signed by the country’s Minister of Foreign Affairs, Javier González-Olaechea Franco, and the United Nations regional economic commission’s Executive Secretary, José Manuel Salazar-Xirinachs. The accord penned this Tuesday, March 26 in Lima specifies the commitments assumed by both parties for organizing this international gathering, in which authorities from ECLAC’s 46 Member States a…

Regional Dialogue is Indispensable for Strengthening Social Protection Systems in the Region, Authorities and Specialists Stressed

22 March 2024 | Press Release

Social development authorities from 10 Latin American and Caribbean countries and international officials asserted the role of dialogue and regional integration for furthering inclusive social development policies and strengthening social protection systems in the region, during a high-level event held on March 21, 2024 at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. The Dialogue on Inclusive Social Development Policies in the Region: Strengthening Social Protection Systems in Latin America and the Caribbean was inaugurated by José…

Lant Pritchett, a Development Economist from the University of Oxford, Analyzed at ECLAC Education Policies for Achieving Transformative Growth

18 March 2024 | Press Release

“For education systems to yield better results, they must be aligned not only with schooling rates but also learning outcomes,” Lant Pritchett, a development economist and former Research Director of the Research on Improving Systems of Education (RISE) programme at the University of Oxford’s Blavatnik School of Government, affirmed during a keynote lecture he gave at the main headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. “If we want schooling to produce more education in order to sustain the kind of productive, inclusive and sustainabl…

Proper Water Management Allows for Energizing Sustainable Development, Increasing Equality, Improving Adaptation to the Climate Crisis and Facilitating Peace

11 March 2024 | Press Release

“Proper water management is an urgent imperative: it is a strategic and energizing sector for sustainable development, a source of greater equality, an adaptation solution in the face of the climate crisis, and an essential facilitator of the peace that we all long for,” according to the authorities present at the opening session of the fourth edition of the Regional Water Dialogues in Latin America and the Caribbean 2024, which is taking place from March 11-13 in San José, the capital of Costa Rica. This high-level meeting is organized by the Economic Commission for Latin America and the Cari…

50.8% of Latin America's Population is Part of the Labor Force, Projected to Increase to 54.6% by 2050

5 March 2024 | Press Release

In 2023, Latin America's population reached 652 million people. Of this total, 331 million were part of the labor force, representing 50.8% of the region's total population, according to the report Demographic Observatory 2023: Population Dynamics in Latin America and their Effects on the Labor Force, released today by the Economic Commission for Latin America and the Caribbean (ECLAC). The document, prepared by ECLAC’s Latin American and Caribbean Demographic Center (CELADE) - Population Division, underscores that the diminishing population growth rate will lead the region’s population to gro…

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