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The Mexican peso crisis
In the author's view, the Mexican financial crisis which erupted at the end of 1994 was not unique, although it did have some special features. Thus, since it could happen again, it would be desirable to gain an in-depth understanding of it. This article therefore analyses the process and underlying causes of the Mexican peso crisis. For this purpose, the author distinguishes three main periods. The first of these extends from the beginning of 1990 up to March 1994, and an analysis is made of the problems that were hatching and the policy options that were available. With regard to the se…
Globalización, competitividad y desarrollo económico local
Globalização e políticas regionais nacionais na América Latina: alguns pontos para debate
Financial liberalisation: its relevance and experiences in the Caribbean
Panorama de la Inserción Internacional de América Latina y el Caribe 1996
With this new periodical publication, Panorama de la inserción internacional de América Latin y el Caribe, the ECLAC secretariat hopes to initiate a ongoing process of analysis of the region's linkages with the global economy, trade policy instruments that can help improve those linkages in the framework of multilateral and regional agreements and the factors that influence demand in the markets constituted by the industrialized countries and large transnational corporations. This first issue for 1996 describes trends in the trade and trade policies of the countries of the region, with sp…
Carta Circular de la Red de Cooperación en la Gestión Integral de Recursos Hídricos para el Desarrollo Sustentable en América Latina y el Caribe N° 5
En este número de la Carta Circular presentamos la segunda parte de la discusión sobre la regulación de la participación privada en las empresas del sector hídrico. La editorial está dirigida a la gestión integral del agua con participación local a nivel de cuencas en los países de América Latina y el Caribe.…
Third ordinary meeting of the conference of South American ministers of transport, communications and public works
The third ordinary meeting of the Conference of South American Ministers of Transport, Communications and Public Works was held from 6 to 8 November 1996 in Montevideo, Uruguay. Representatives of Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela took part. Representatives of the following organizations were present as observers: the Latin American and Caribbean Federation of National Associations of Cargo Agents, the Latin American Railways Association, the Latin American Association for Automated Highway Transport, the Inter-American Development Bank…
III Reunión ordinaria de la Conferencia de Ministros de Transportes, Comunicaciones y Obras Públicas de América del Sur.
Entre el 6 y el 8 de noviembre de 1996, se llevó a cabo en Montevideo, Uruguay, la Tercera Reunión Ordinaria de la Conferencia de Ministros de Transportes, Comunicaciones y Obras Públicas de América del Sur. Contó con la participación de representantes de Argentina, Bolivia, Brasil, Chile, Colombia, Ecuador, Paraguay, Perú, Uruguay y Venezuela. En calidad de observadores asistieron representantes de la Asociación Latinoamericana de Agencias de Carga Aérea y Transporte (ALACAT), la Asociación Latinoamericana de Ferrocarriles (ALAF), la Asociación Latinoamericana de Integración (ALADI), la Asoci…
Notas de Población Vol.24 N° 64
Macroeconomic policies for growth
This article analyses the interrelation between the macroeconomic framework and growth. After reviewing the recent macroeconomic environment, highlighting progress and shortcomings, it focuses on the implications of the existence of gaps between production capacity and its degree of utilization or effective demand; the way in which persistent disparities in this respect affect the speed of expansion of the production frontier is illustrated by examples from the 1980s and 1990s. It then reviews economic policies that affect the degree of proximity between the production frontier and effective d…
Changes in the industrial development of Latin America
Trade liberalization, deregulation of economic activity, the privatization of public-sector production units and much more careful management of the main macroeconomic aggregates are causing profound changes in the behaviour of the Latin American economies. A more competitive climate is gradually spreading through the countries of the region as companies, markets and institutions adapt to a new micro- and macroeconomic scene. This article analyses the various types of modifications in the production structure of the industrial firms of Latin America, the variations in productivity, the systems…
The contributions of applied anthropology to peasant development
The present surge of interest in participative rural development projects based on peasant communities differs from similar past experiences in that it forms part of a broader tendency to decentralize social management, to enhance the role of the beneficiaries of social policies, and to give them a bigger say in their implementation. In order to avoid repeating the failures of past decades in programmes designed to reduce rural poverty, it is necessary to incorporate elements of modern applied anthropology in programmes for the training of extension workers and in the explanatory models of spe…
Foreign investment and competitive development in Latin America and the Caribbean
This article analyses the treatment accorded to foreign investment under the present development strategy. To this end, it looks at the recent dynamics of both direct and indirect foreign investment, including portfolio investment and quasi-equity operations, the latter with reference to contracts for the transfer of production know-how. For this purpose, the main resource flows and their directions are analysed, together with the changes which have taken place in corporate strategies. It is concluded that it is necessary to put together an explicit development strategy in which the main objec…
La evolución de las ideas y las políticas para el desarrollo
Este artículo entrega una visión de largo plazo del desarrollo de las ideas y políticas en América Latina y el Caribe. Examina los cambios de las tendencias en la formulación de políticas, señalando que los más abruptos de ellos ocurrieron, el primero en el período de entreguerras, y el segundo a principios de los años ochenta, y que en ambos casos se dieron cambios que pueden ser considerados pendulares o de etapas, pero que, en todo caso, fueron significativos. Enseguida pasa revista a las reformas económicas puestas en práctica a partir de los años ochenta, y pone de relieve sus factores co…