Labour markets represent the backbone of economic functioning, providing the means of survival to populations, with labour income ensuring the livelihood of workers and families alike. Labour is also an essential input into production - in many cases it is the main input, especially in service sectors which are dominant sectors in the Caribbean. As such, labour markets define economic well-being: in competitive economies labour is paid its marginal product. This implies that only productive labour prospers as higher productivity implies higher earnings, which in turn allows for higher consumpt…
Presentación Este documento pone a disposición de los Gobiernos y otros interesados un panorama sobre las grandes tendencias que se observan en la estructura agrícola, en el comercio agroalimentario y en el empleo e ingresos que genera en América Latina y el Caribe. El documento, que contó con la orientación y comentarios de Joao Carlos Ferraz, es el resultado de un esfuerzo colectivo de la Unidad de Desarrollo Agrícola, División de Desarrollo Productivo y Empresarial de la CEPAL. Colaboraron en él: Martine Dirven, Mónica Kjöllerström, Cesar Morales, Mónica Rodrigues y Pedro Tejo, así…
The present level of intra-regional trade of Latin America and the Caribbean in relation to their total exports is still low when compared to the peak of 21.1% registered in 1997, despite its rebound in 2003 and continued recovery into 2004. While this trade holds a high potential for future growth, there are a series of problems to be addressed in order for regional integration to continue on the paths of recovery and deep integration. The countries in the region should keep working on the constraints that its regional integration process continues to suffer from the persistence of non-tariff…