Poverty, hunger and food security in Central America and Panama

Food insecurity and hunger are closely associated with extreme poverty in Latin America and the Caribbean, but they should not be confused with it. A diet which is insufficient for leading a normal life and is also inadequate from a nutritional point of view affects not only those living in conditions of extreme poverty but also broader sectors and groups living in particular areas or regions of each country. Among the forms of deprivation affecting those living in a state of extreme poverty, however, the lack of access to food is the most serious problem and that which it is most urgent to er…

Economic growth in Latin America: the role of investment and other growth sources

This research produced evidence about the contribution of investment and other sources to the growth process of Latin America during 1960-2002, and provided answers to the questions listed above unless from an historical perspective. The combined growth accounting and regression analysis, and used data for the six largest Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela. These countries produce nearly 90 per cent of Latin America's GDP. Alternative growth accounting methodologies were used to measure the contributions of the sources of growth to GDP gro…

Agricultural transformation and Gender considerations in Caribbean Economics

The aim of this paper is to provide an overview of the gender and social disparities existing in the agricultural and rural sector in Caribbean economies. In this context, agricultural transformation as occasioned by the dismantling of preferential trading arrangements is analysed to identify the most relevant gender discriminatory measures in the current agricultural development policy and programmes. The analysis seeks to provide the basis for enhancing understanding among policy makers, planners and rural development practitioners of the gender and social dimension involved in the formulati…

Caribbean tourism and agriculture: Linking to enhance development and competitiveness

This study examines current trends in tourism and agriculture in Caribbean countries and the strategy for linking them in order to facilitate their future development. The tourism industry has, in the past, developed largely apart from other sectors such as agriculture. On the other hand, agriculture has developed mainly to satisfy export markets. Domestic agriculture has had limited development and has therefore been displaced to a considerable extent by food imports. The recent promotion of agriculture tourism linkages is an attempt to enhance the local value added of the tourism industry, w…

Income inequality in Central America, Dominican Republic and Mexico: assessing the importance of individual and household characteristics

This study investigates the relationship between individual and household characteristics and income inequality in Central America, the Dominican Republic and Mexico from 1990 to 2002. A Theil decomposition exercise of individual and household income inequality is used to determine factors important for the level of inequality. In addition, the use of a novel semi-parametric simulation methodology from DiNardo, Fortin and Lemieux (1996) provides counterfactual income distributions of individuals and households to assess the importance of changes in their demographic, education and labo…

Alternative measures of potential economic growth in Latin America

Hubert Escaith is Director of the Division of Statistics and Economic Projections of ECLAC. These methodological notes were prepared for a lecture at the 2005 ECLAC Summer School. They are based on, and up-date, a series of papers in Spanish published in 2003 and 2004, which received in 2005 the award Maestro Jesus Silva Herzog from Economic Research Institute of the Universidad National Autonoma de Mexico. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization. …

La reforma de salud en Costa Rica

Reseña Este documento fue preparado por Adolfo Rodríguez Herrera, Consultor de la Unidad de Estudios Especiales de CEPAL, bajo el componente de Macroeconomía, equidad y seguridad social, del proyecto CEPAL/GTZ: Policy Strategies for Sustainable Development in Latin America and the Caribbean: Promotion of a Socially Sustainable Economic Policy (GER/01/31) , que contó con el apoyo de la Deutsche Gesellschaft für Zusammenarbeit (GTZ). Preparado como apoyo al documento La protección social de cara al futuro: Acceso, financiamiento y solidaridad presentado en el XXXI Período de …

La reforma de salud en Honduras

Reseña Este documento fue preparado por Adolfo Rodríguez Herrera, Consultor de la Unidad de Estudios Especiales de CEPAL, bajo el componente de Macroeconomía, equidad y seguridad social, del proyecto CEPAL/GTZ: Policy Strategies for Sustainable Development in Latin America and the Caribbean: Promotion of a Socially Sustainable Economic Policy (GER/01/31) , que contó con el apoyo de la Deutsche Gesellschaft für Zusammenarbeit (GTZ). Preparado como apoyo al documento La protección social de cara al futuro: Acceso, financiamiento y solidaridad presentado en el XXXI Perío…

La reforma de salud en Nicaragua

Reseña Este documento fue preparado por Adolfo Rodríguez Herrera, Consultor de la Unidad de Estudios Especiales de CEPAL, bajo el componente de Macroeconomía, equidad y seguridad social, del proyecto CEPAL/GTZ: Policy Strategies for Sustainable Development in Latin America and the Caribbean: Promotion of a Socially Sustainable Economic Policy (GER/01/31) , que contó con el apoyo de la Deutsche Gesellschaft fur Zusammenarbeit (GTZ). Preparado como apoyo al documento La protección social de cara al futuro: Acceso, financiamiento y solidaridad presentado en el XXXI Perío…

Latin American South-South integration and cooperation: from a regional public goods perspective

The present level of intra-regional trade of Latin America and the Caribbean in relation to their total exports is still low when compared to the peak of 21.1% registered in 1997, despite its rebound in 2003 and continued recovery into 2004. While this trade holds a high potential for future growth, there are a series of problems to be addressed in order for regional integration to continue on the paths of recovery and deep integration. The countries in the region should keep working on the constraints that its regional integration process continues to suffer from the persistence of non-tariff…

Capital flows to Latin America: first quarter 2005

Latin American markets entered 2005 with impetus, as the favorable environment for capital inflows at the end of 2004 persisted in the beginning of the year. However, investors' sentiment deteriorated as the first quarter progressed, and concerns about economic conditions (including rising interest rates in the United States and lower liquidity in global markets) increased. In February, Fitch, the credit rating agency, released a report warning that a combination of slowing global growth and higher-than-anticipated U.S. interest rates would lead to a less favorable environment for emergin…

Macroeconomic coordination in Latin America: does it have a future?

For most developing countries, open regionalism has emerged as quite a sensible response to the undergoing turbulent and asymmetric process of economic globalization. Moreover, the successful experience of the countries which are now part of the European Union, has made regional integration an increasingly attractive option for the developing world. Whenever regional integration is intended to go beyond merely a free trade agreement, macroeconomic coordination becomes a key issue. Theoretically, the underlying idea of the macroeconomic coordination is the interdependency between econo…

Report on the national training workshop in the ECLAC methodology for estimating the socio-economic and environmental effects of disasters. 19-21 April 2005, Cayman Islands

Anuario Estadístico de América Latina y el Caribe 2004 = Statistical Yearbook for Latin America and the Caribbean 2004

La edición 2004 del Anuario estadístico de América Latina y el Caribe contiene una selección de las principales series estadísticas sobre la evolución económica y social de los países de la región. Representa un esfuerzo de la División de Estadística y Proyecciones Económicas de la CEPAL, orientado a homogeneizar las cifras y a hacerlas internacionalmente comparables. La primera parte comprende indicadores socioeconómicos derivados (tasas de crecimiento, proporciones o coeficientes), que representan una visión resumida de cada área de interés y que constituyen antecedentes para que la informac…

Draft programme of regional statistical work for Latin America and the Caribbean, July 2005-June 2007

Bridging infrastructural gaps in Central America: prospects and potential for maritime transport

Abstract Central America needs a regular, flexible, safe and affordable infrastructure and transport services in order to prevail over the existing bottlenecks and constrained intra-regional trade patterns. This need is widely recognized to achieve a sustained economic development, both national and regionally. Today, Central American countries face the following problems in their transport systems: lack of sufficient transport infrastructure and high transport costs. These problems have led to a decline in the competitiveness of the regional economies and sluggish economic growth …

Mortgage loans and access to housing for low-income households in Latin America

On the basis of a study on mortgage loan options available in eight Latin American countries, this article identifies two pending tasks for most of the countries: the need to make long-term funds available to mitigate the risk of a mismatch of maturities and rates, and the need to harmonize profitability criteria for lenders with the criterion of access to credit for the low-income population. The paper recommends the creation of linkages between the housing finance market and the capital market through secondary mortgage markets, for which the housing finance market must use instruments other…

Andean exchange-rate regimes, 1994-2003: a brief for "stable but flexible" regimes

Recent analytical work has focused on exchange-rate regimes and their general and specific consequences for growth and stability. Although significant progress has been made in formulating taxonomies of regimes, general consensus on which regimes are likely to prove optimal for given economies has proven elusive. In recent years, the five Andean economies have adapted a variety of exchange-rate regimes. Their experience appears to support the view that the most convenient exchange-rate regimes are those that afford policymakers sufficient freedom of maneuver to adjust their policies in r…

Central America Isthmus: economic evolution during 2003 and perspectives for 2004

Methodology for the comparison of military expenditures

Executive summary The objective of this report is to assess the extent to which the standardized methodology developed by ECLAC for Argentina and Chile in 1999-2001 is applicable to comparisons among other countries, as well as the adaptations that may be needed for that purpose, and to develop an expanded and more general methodology for the comparison of military expenditure (or defence spending);. For this purpose, the present report consists of six chapters and six annexes. Chapter I, Introduction: setting the stage , seeks to place the issue of measuring military exp…