ECLAC, in the area of ​​economic development, aims to promote equitable long-term economic growth and the effective generation and allocation of financial resources to support development and equality in the Latin American and Caribbean countries. ECLAC pursues this goal through a threefold strategy: the systematic monitoring of macroeconomic policies and reforms; the evaluation of their impact in terms of sustainability, efficiency and equity; and substantive support for the formulation and implementation of these policies by governments.