The Economic Commission for Latin America and the Caribbean (ECLAC) proposed today in the framework of the climate conference in Paris a strategy to reduce the external public debt of English-speaking Caribbean countries that are considered to be Small Island Developing States (SIDS) through the creation of a regional resilience fund to finance climate change adaptation and mitigation measures.
This proposal was presented today by the Director of the regional organization’s Economic Development Division, Daniel Titelman, during an event organized by ECLAC in conjunction with the Commonwealth S…
La Comisión Económica para América Latina y el Caribe (CEPAL) propuso hoy en el marco de la conferencia sobre el clima en París una estrategia para reducir la deuda pública externa de los países del Caribe anglófono considerados pequeños Estados insulares en desarrollo a través de la creación de un fondo regional de resiliencia para financiar medidas de adaptación y mitigación al cambio climático.
Esta propuesta fue presentada hoy por el Director de la División de Desarrollo Económico del organismo regional, Daniel Titelman, durante un evento organizado por la CEPAL en conjunto con la Secretar…
This paper will contend that the post-2015 development agenda presents a major opportunity for Caribbean countries to reverse decades of lagging economic performance and make the transition to balanced, holistic, and people-centred growth and development.
The MDGs, while valuable in promoting gains in poverty reduction, health, education, nutrition, and maternal well-being were not tailored to the growth and development needs of the region. This can now be changed by a post-2015 development agenda which goes beyond improving the welfare of citizens by meeting basic needs and enhancing access t…
There is an urgent need to define new rules for financing sustainable development in the world, participants in the side event Regional Perspectives on Implementing an Ambitious, Transformative Sustainable Development Agenda agreed. The event was hosted on Tuesday, July 14 by the five United Nations regional commissions, of which ECLAC is one, in Addis Ababa, Ethiopia.
During the event—which took place in the framework of the Third International Conference on Financing for Development, being held through July 16 in Ethiopia—the U.S. economist and Nobel Prize winner Joseph Stiglitz called for “…
Urge definir nuevas reglas para el financiamiento del desarrollo sostenible en el mundo, coincidieron los participantes en el evento paralelo Perspectives on Implementing an Ambitious, Transformative Sustainable Development Agenda (Perspectivas sobre la implementación de una agenda de desarrollo sostenible ambiciosa y transformadora), organizado el martes 14 de julio por las cinco comisiones regionales de las Naciones Unidas, entre ellas la CEPAL, en Addis Abeba, Etiopía.
Durante el evento, que tuvo lugar en el marco de la Tercera Conferencia Internacional sobre Financiamiento para el Desarrol…
The Economic Commission for Latin America and the Caribbean (ECLAC) proposes debt relief for Caribbean countries on the part of multilateral credit institutions and the creation of a regional resilience fund, considering that this burden hinders the subregion’s economic and social progress as well as compliance with the Sustainable Development Goals (SDGs), which will be approved in September in New York.
This proposal will be made by ECLAC’s Executive Secretary, Alicia Bárcena, during the Third International Conference on Financing for Development, which will be held July 13-16 in Ethiopia.
E…
La Comisión Económica para América Latina y el Caribe (CEPAL) propone una condonación de la deuda de los países del Caribe por parte de las instituciones multilaterales acreedoras y la creación de un fondo regional de resiliencia, dado que se trata de un lastre que dificulta los avances económicos y sociales de la subregión y el cumplimiento de los Objetivos de Desarrollo Sostenible (ODS), que se aprobarán en septiembre en Nueva York.
Esta propuesta será planteada por la Secretaria Ejecutiva de la CEPAL, Alicia Bárcena, durante la Tercera Conferencia Internacional sobre Financiamiento para el …
This paper addresses some unintended consequences of global financial regulation and international tax evasion prevention and their impact on small economies. It explores how failure to recognize countries’ differing access to finance and varying costs of funding as well as the high costs of complying with financial regulations may overlook some unintended consequences, especially on smaller island countries
Then, it discusses the global financial architecture and governance of standard setting bodies and the actions taken to improve representation and legitimacy and remediate some of the unin…