Prebisch arrived at ECLA for the first time in 1949, to
write a report in which he set out his views on the main
problems then facing the economic development of
Latin America (Prebisch, 1949);. As he had been hired
as an outside consultant, he did not receive the support
of other members of the institution in its preparation,
nor did he have much time at his disposal, so that the
report was a reflection of the ideas he already held prior
to joining ECLA. As the content of that work made a
great impact on academic and political circles in the
region and came to be considered one of the basic p…
Introduction (first paragraph);
When Raúl Prebisch died in 1986 his ideas were out of fashion in Ronald Reagan's Washington and Latin American capitals, dismissed by most Western economists as passé -or even dangerously misguided in the new crusade for globalization. Only United Nations circles and a narrowing band of supporters insisted on his permanent contribution. It was as if his life had merely reflected the turbulence of the short, violent century (as Hobsbawn termed it);; now that it was over, with the Cold War consigned to history, so too (it appeared); was Prebisch&#…
In its most orthodox version, neoclassical economic theory has occupied a leading place in Latin American economic policy discussions in recent years. According to this doctrine, the market mechanisms -if allowed to operate in complete freedom- allocate production resources in the most efficient manner possible. Any interference by State policy with this allocation will lead to loss of efficiency and a reduction in the growth rate of the economy compared with the optimum level that could be obtained through the free play of the market forces. The virtues of the main body of this economic theor…
This article puts forward an interpretation of development as a process of accumulation of technological and social capabilities dependent upon taking advantage of successive and different windows of opportunity. These windows are determined from the core countries, through the technological revolutions which occur every half-century and the four phases of their deployment. The possibilities of progressing at each opportunity depend on the achievements made in the previous phase, on identifying the nature of the next one, understanding the techno-economic paradigm of the revolution in question…
This article seeks to analyse some mesoeconomic and microeconomic aspects related with productivity and international competitiveness in the context of the new Latin American economic model. These aspects go a long way towards explaining why those variables have not evolved satisfactorily in the different countries and sectors of activity, and why a strictly macroeconomic reading prevents a proper understanding of the changes which are taking place in society at the economic, technological and institutional levels, as well as impeding the identification of a public policy agenda which could he…
The influence of economic growth on numerous aspects of the economy and society is a frequently recurring topic among economists, especially at present, when profound economic and social transformations are under way in most of the countries of the region, while simultaneously there is an awareness that there are great shortcomings in terms of income distribution and that a high percentage of the population is in a state of poverty. A strong desire therefore exists to determine the capacity of economic growth to cope with those problems. This article begins by placing the issue in a conceptual…
In terms of its contents, this article is a natural continuation of FAL Bulletin No. 167. In that edition of the Bulletin, conceptual progress was made in defining the notion of ?facilitation of trade? and in outlining how this issue is dealt with in some international organizations; here, information referring to the European Union (EU) is presented in a detailed fashion.…
Desde el punto de vista de su contenido, el presente artículo es una continuación natural del Boletín FAL No. 167. En efecto, dado que en que en él se avanzó conceptualmente en la definición del término facilitación del comercio y en explicar de manera general la forma en que este tema es abordado en algunos organismos internacionales, aquí se presenta en forma detallada la información referida a la Unión Europea (UE).…
CONTENTS I.Water pollution: European Commission versus Portugal.II. Bolivia, Potosí: NGO Protests against Legalization of Water Export.III.Canada: A primer on water policy and trade issues.IV. Unprecedented action to protect the Danube River and the Black Sea.V. Mexican desert state and US farmers fight for water.VI. War for water: Suez CEO Launches Appeal.VII. Globalization: NGO Warns of Mass Water Sell-Off.VIII.The case of community water law.IX. German federal and regional ministers of environment against new Czech dams.X. The Commission on Environment of the European parliament …
This issue of CEPAL Review includes a special section to commemorate Raúl Prebisch in the centennial of his birthday, containing a selection of articles prepared by renowned social scientists involved with Latin American development thinking.…
Este número de la Revista de la CEPAL incluye un homenaje a Raúl Prebisch en el centenario de su nacimiento, con un conjunto de artículos de distinguidas personalidades de las ciencias sociales vinculadas al pensamiento sobre América Latina.…
This is the fifty-third edition in this series. The first part of the Survey covers the regional economy. It begins with a chapter dealing with the situation in the first half of 2001 and the prospects for the year as a whole. This was previously published separately with the title 2001: Current Conditions and Outlook. The analysis of the various aspects of the regional economy in 2000 consists of three chapters on macroeconomic policies and reforms, the performance of the internal economy and the external sector. The second part contains analysis of the economic performance of the 20 …
This document contains an analysis of and statistics on the economic performance of the region as a whole and of individual Latin American and Caribbean countries in 2001.
Regional output grew at a very slow pace (0.5%) in 2001 and growth prospects for 2002 are not promising. This situation is directly linked to the global economic crisis, which is affecting the region primarily through trade channels in the midst of unstable world financial markets. Given the scope of these adverse external factors, however, the region's economies succeeded in averting serious domestic or external disequ…
En esta publicación se hace un análisis de la evolución de la economía
regional en el año 2001, desde una perspectiva comparativa e individual por países.
En él se consigna que la fuerte desaceleración que ha mostrado la economía
mundial truncó la recuperación iniciada en 2000 en los países de la región
y, con ella, las esperanzas de que se diera paso a una etapa de crecimiento en
América Latina y el Caribe.
El producto regional creció apenas (0.5%); y las perspectivas de crecimiento
para el 2002 no son alentadoras. Esta situación está directamente vinculada
con la crisis económica mundial, qu…
Introduction Trade and development issues have been the focus of economists, policy makers and international organizations for decades. However, environmental concerns have only come to the fore within the last couple of decades largely as a result of the work of scientists on, for example, climate change and loss in biodiversity as well as the lobbying activities of environmental groups, such as Greenpeace. The linking of environment to trade only gained international prominence since the negotiations for the Canada-United States Free Trade Area in the 1980s. However, although enviro…
Introduction With the failure of the import-substituting industrialisation policies of the post-war period, Caribbean countries shifted to an export-promotion strategy in the 1980s. Export promotion inevitably demanded a shifting of the relative price and productivity of tradable goods and services. To provide the necessary incentives for export promotion, countries pursued a mixture of reforms and restructuring to attract investment and to promote the competitiveness of production and exchange. The period also coincided with a shift in the development paradigm of the developed countri…
Caribbean governments have been reacting to the phenomenon that is the Information Age with a variety of policy initiatives. Initially governments trained most of their efforts at facilitating the development of an informatics industry, drawn there by the promise of jobs and foreign exchange earnings. However, the motives for these policy interventions have evolved over time and as a consequence, policy has matured. This paper, which is descriptive rather than analytical, draws heavily on statements made by government decision makers. It attempts to provide an overview of some of the maj…