Transnationalization and integration of production in Latin America

Trade among the ALADI countries has grown with exceptional vigour so far in the 1990s, especially in the branches of metal products, machinery and equipment, chemical products, and foodstuffs, beverages and tobacco. In order for this dynamic growth to be sustainable in the long term, these countries must develop their intra-industry trade by promoting reciprocal supply in those branches. The bulk of transnational productive capital in Latin America is concentrated in those branches, and it is in the metal products, machinery and equipment sector that the swiftest increase in intra-industry tra…

The present state and future prospects of the environment in Latin America and the Caribbean

Most studies of the region's economy say little or nothing about the status of its environment and natural resources; few references are made to the environmental quality of population centres or to fluctuations in natural resource stocks, especially of renewable resources, despite their crucial importance for the region's development options. The no more than moderate pace of the region's absorption of technical progress, the intensification of its international trade and the declining value of the region's products in the international marketplace have all brought increas…

Summary report of the Caribbean meeting of experts on Implementation of the SIDS Plan of Action

The Caribbean Meeting of Experts on Implementation of the SIDS Programme of Action, held at the Holiday Inn Hotel, Port of Spain, Trinidad and Tobago, 17-19 May 1995 was convened to review progress towards implementation of the SIDS Programme of Action (SIDS-POA), to discuss constraints on the effective implementation of the Programme and to agree on priority areas for action. It was organized by the Economic Commission for Latin America and the Caribbean/Caribbean Development and Cooperation Committee (ECLAC/CDCC), in collaboration with the United Nations Development Programme’s Special Unit …

A summary of the ECLAC proposals

There is growing consensus that although a solid, balanced macroeconomic base is a necessary condition for development, it is not of itself enough to ensure that development is actually achieved or that its fruits will be enjoyed by the population as a whole. In a series of documents, ECLAC has been defining a coherent agenda of public policy reforms designed to ensure a change in production patterns accompanied by greater social equity. This article seeks to present a summary of this proposal, leaving aside for this reason the underlying diagnosis of the regional situation and the general fra…

Recent economic trends in China and their implications for trade with Latin America and the Caribbean

Among the East and Southeast Asian economies often regarded as the most successful showcases, the People's Republic of China (PRC); occupies an outstanding place. This economy has one of the fastest growing GNPs in the world, and its outward orientation in the post-Mao Zedong era has made the country a significant world trade partner, so that the question of whether or not the economy stays on its sustained growth path will affect the welfare of the world economy in its entirety, including Latin America. The deepening of the ongoing economic reforms, coupled with prudent macro policies, s…

Strategic options of commercial policy for Central America: basic guidelines