Confronted with recurrent macroeconomic shocks, governments in Latin America and the Caribbean have increasingly been concerned about establishing or strengthening systems of social protection and safety net programmes. The goal of these programmes is to help mitigate the impact of shocks on the poor before they occur, and to help the poor cope with the shocks once they have occurred. In this paper, we focus on publicly funded or mandated safety nets functioning as risk-coping mechanisms. The paper reviews the characteristics of a good safety net, in comparison with the main types of safety ne…
Presentation
The technical study described in this report was undertaken by the Economic Commission for Latin America and the Caribbean (ECLAC);, in response to a request by the Governments of Argentina and Chile for it to propose a common standardized methodology for the measurement of defence spending. The study, which was carried out between the fourth quarter of 1999 and August 2001 was funded by the two Governments concerned.
The first chapter of this report describes the background to the initiative and the processes carried out by the parties involved. It also briefly acknowledges the t…
Introduction Trade and development issues have been the focus of economists, policy makers and international organizations for decades. However, environmental concerns have only come to the fore within the last couple of decades largely as a result of the work of scientists on, for example, climate change and loss in biodiversity as well as the lobbying activities of environmental groups, such as Greenpeace. The linking of environment to trade only gained international prominence since the negotiations for the Canada-United States Free Trade Area in the 1980s. However, although enviro…
Abstract This paper purports to review the performance of the Debt for Nature Swap (DNS) Programs in light of their dual objectives of lowering deforestation rates as well as the cost of debt servicing. It evaluates the performance of private and Public DNS and inquires whether such swaps have made any significant dent on the debt and deforestation problems besetting many developing countries. It also assesses the prospects for such swaps in the future. We argue that since the prospects for DNS are limited, a more conducive solution for the deforestation problem in many developing countries ma…