This paper analyses the economic and social impact of a State aid programme designed to incentivize the development of the border provinces of the Dominican Republic. The intervention method chosen was based on tax exemptions, creating a possible tension between the objective of territorial cohesion and that of upholding market competition. In the competition sphere, the study analyses whether the law had the effect of increasing the market power of beneficiary companies. In the social sphere, it establishes a criterion of regional similarity and compares the evolution of the border provinces …
This study proposes using optimum currency areas (OCA) as a theoretical basis for analysis of the full dollarization of Ecuador, viewing the country and the United States as an informal monetary union. At least two facets of this are of interest: (i) the convergence properties of inflation rates between Ecuador and the United States; and (ii) the degree of vulnerability of the Ecuadorian economy to changes in United States monetary policy. Unit roots and stationarity tests are used to study inflation rate convergence, structural vector autoregressive models are used to examine the Ecuadorian e…
This article analyses Raúl Prebisch’s earliest activities while still a young student at the University of Buenos Aires, between 1918 and 1922. One of these activities was the translation of texts by foreign economists for the university’s Revista de Ciencias Económicas, contributing to the dissemination of ideas in Argentina. We analyse Prebisch’s 1919 translation of Adolph Wagner and find indications that he modified the text, firstly by selecting for translation excerpts critical of the idea that free trade was automatically beneficial to all nations, secondly by omitting Wagner’s defence o…
Health satellite accounts provide information to elucidate the interaction between the health sector and the rest of the economy. However, in Brazil these accounts have gaps, such as a lack of data on gross fixed capital formation. The aim of this article is to present a methodology to measure gross fixed capital formation in the health sector in 2010–2019 and to analyse the data thus obtained. The results show that gross fixed capital formation in the health sector is biased towards machinery and equipment rather than construction. The share of private investment increased throughout the peri…
Artificial intelligence (AI) can contribute greatly to transforming development models in Latin America and the Caribbean to make them more productive, inclusive and sustainable, but reflection, a strategic vision, regulation, and regional and multilateral coordination are needed to harness its opportunities and minimize its potential threats, according to the authorities and specialists attending the launch of the first Latin American Artificial Intelligence Index at ECLAC today.
The event entitled AI for Sustainable Development in Latin America took place at the headquarters of the Economic …
La inteligencia artificial (IA) puede contribuir enormemente a la transformación de los modelos de desarrollo en América Latina y el Caribe para hacerlos más productivos, inclusivos y sostenibles, pero, para aprovechar sus oportunidades y minimizar sus potenciales amenazas, se requiere reflexión, visión estratégica, regulación y coordinación regional y multilateral, plantearon autoridades y especialistas durante el lanzamiento del primer Índice Latinoamericano de Inteligencia Artificial (ILIA) en la CEPAL.
El evento titulado IA para el desarrollo sostenible de América Latina tuvo lugar en la s…
A inteligência artificial (IA) pode contribuir enormemente para a transformação dos modelos de desenvolvimento na América Latina e no Caribe a fim de torná-los mais produtivos, inclusivos e sustentáveis; porém, para aproveitar suas oportunidades e minimizar suas potenciais ameaças, é preciso reflexão, visão estratégica, regulamentação e coordenação regional e multilateral, afirmaram autoridades e especialistas durante o lançamento do primeiro Índice Latino-Americano de Inteligência Artificial (ILIA) na CEPAL.
O evento intitulado IA para o desenvolvimento sustentável da América Latina teve luga…
a División de Asuntos de Género de la Comisión Económica para América Latina y el Caribe (CEPAL) participó en la presentación del documento “Cuidados en Chile: avanzando hacia un sistema integral de cuidados” elaborado por ONU Mujeres en base hallazgos y procesos desarrollas en el marco de proyectos conjuntos del Sistema de Naciones Unidas en Chile. Como parte de los aportes, la División de Asuntos de Género moderó el panel de dialogo colocando elementos de la asistencia técnica que está realizando la CEPAL para el diseño e implementación del futuro Sistema integral de Cuidados en Chile.…
Os sete membros eleitos do Comitê de Apoio à Aplicação e ao Cumprimento do Acordo de Escazú assumiram formalmente suas funções numa cerimônia realizada na sede da Comissão Econômica para a América Latina e o Caribe (CEPAL), em Santiago do Chile.
Durante a Primeira sessão do Comitê de Apoio à Aplicação e ao Cumprimento do Acordo Regional sobre Acesso à Informação, Participação Pública e Acesso à Justiça em Assuntos Ambientais na América Latina e no Caribe (conhecido como Acordo de Escazú) os integrantes do Comitê que foram eleitos na Segunda Reunião Extraordinária da Conferência das Partes (COP…
Industrial policy today remains as important as ever for Latin America and the Caribbean. Moving towards development requires a rational, inclusive and sustainable industrial policy guided by the intensive use of information, enabling the definition and dissemination of indicators that are useful for decision-making.
The Statistics Division of the Economic Commission for Latin America and the Caribbean (ECLAC), with the support of national statistical offices, has been building a database of economic surveys to compile annual basic statistics for calculating statistical indicators on the manuf…
La política industrial es hoy tan relevante como lo ha sido en el pasado para América Latina y el Caribe. Los pasos hacia el desarrollo dependen de una política industrial racional, inclusiva y sostenible; guiada por un uso intensivo de la información, que permita la definición y difusión de indicadores útiles para la toma de decisiones. La División de Estadísticas de la CEPAL, con el apoyo de las oficinas nacionales de estadísticas, ha venido elaborando una Base de Datos de encuestas Económicas, con el objetivo de recopilar estadísticas anuales básicas para el cálculo de indicadores estadísti…
La transición ecológica a favor del cumplimiento de los Objetivos de Desarrollo Sostenible y el Acuerdo de París sobre el cambio climático pone en relieve la importancia del desempeño social y ambiental de las actividades mineras al suponer un consumo de altas cantidades de materias. Ante el desafío de mejorar las prácticas del sector tradicionalmente asociado con efectos ambientales negativos e indiferencia hacia las comunidades locales, las principales empresas mineras han ido adoptando iniciativas encaminadas hacia la sostenibilidad. Este informe se centra en cinco países andinos, a saber, …
La División de Asuntos de Género (DAG) y la División de Comercio Internacional e Integración (DCII) de la Comisión Económica para América Latina y el Caribe (CEPAL) participaron en la reunión del Comité Técnico Público-Privado de Exportación de Servicios, el 9 de agosto de 2023, en la Cámara de Comercio de Santiago, Chile.…
The seven elected members of the Committee to Support Implementation and Compliance of the Escazú Agreement formally assumed their functions today, at a swearing-in ceremony held at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
During the First Meeting of the Committee to Support Implementation and Compliance of the Regional Agreement on Access to Information, Public Participation and Justice in Environmental Matters in Latin America and the Caribbean – better known as the Escazú Agreement – the Committee members who were elected at…
Los siete miembros electos del Comité de Apoyo a la Aplicación y el Cumplimiento del Acuerdo de Escazú asumieron hoy formalmente sus funciones, en una solemne ceremonia de juramentación realizada en la sede de la Comisión Económica para América Latina y el Caribe (CEPAL), en Santiago de Chile.
Durante la Primera sesión del Comité de Apoyo a la Aplicación y el Cumplimiento del Acuerdo Regional sobre el Acceso a la Información, la Participación Pública y el Acceso a la Justicia en Asuntos Ambientales en América Latina y el Caribe -más conocido como Acuerdo de Escazú- los integrantes del Comité q…
“We are not small island states, we are large ocean states. We need to be taking full advantage of the potential and the possibility that you get from utilization of the resources of the sea. We need to sit down and plan that. When last did we have a meeting that speaks to the potential of the blue economy among ourselves, and we need to stop working in silos, that’s the next thing. That is one of the things that we need to look at going forward. You don't work at the national level when you can work regionally, you know, or inter-regionally. We all share the same challenges.”
Pr…
This document of Foreign Direct Investment in Latin America and the Caribbean 2023 (ECLAC), presents the challenge of attracting and retaining FDI that contributes to sustainable and inclusive development in the region remains as relevant as ever, and countries must make efforts to enact the right kind of policies if they are to have FDI that supports their development process and allows for the realization of the potential of FDI to build capacities, create quality jobs, transfer technology and enhance the diversification and sophistication of the production mix. One of the main reasons given…
Este informe de la Inversión Extranjera Directa en América Latina y el Caribe 2023 (CEPAL), presenta el reto de atraer y retener inversión extranjera directa que contribuya al desarrollo sostenible e inclusivo de la región sigue más vigente que nunca y los países tienen que realizar esfuerzos de política relevantes si quieren contar con IED que apoye su proceso de desarrollo y materialice el potencial que tiene dicha inversión para la construcción de capacidades, la creación de empleo de calidad, la transferencia tecnológica y la diversificación y sofisticación de la matriz productiva. Una de …
Latin American and Caribbean bond activity in international markets recovered strongly towards the end of the first half of 2023, with a total of US$ 50 billion placed in the period. This figure was 9% higher than in the year-earlier period and 158% higher than in the second half of 2022. Decelerating inflation and currency appreciation supported the upturn in bond activity, as did the pause in increases in the benchmark interest rate decided by the United States Federal Reserve at its meeting on 13 and 14 June following 10 consecutive hikes. There was a flurry of new bond issuances in the las…