1 Jun 2006, 00:00 - 14 Oct 2025, 15:47
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Asset prices in emerging markets rallied to record highs in the first quarter of 2006, with bonds and equities posting strong performances on top of already remarkable 2005 gains. Spreads on dollar-denominated bonds issued by Latin American borrowers tightened by 68 basis points in the first quarter of the year, according to the Latin component of J.P. Morgan's EMBI+ index, while the Morgan Stanley Capital International (MSCI) for Latin America, an indicator of stocks' performance, increased by 15%. Emerging and Latin American markets continued to be supported by active debt managem…
1 Feb 2006, 00:00 - 14 Oct 2025, 15:47
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Emerging market bond spreads tightened to record low levels in 2005, as a result of the search for yield in face of ample global liquidity and improving fundamentals in emerging market countries. According to J.P. Morgan, most of the EMBI Global's 8.96% total return in 2005 was derived from spread tightening, which totaled 110 basis points in 2005. The EMBI+ spreads tightened 111 basis points and its Latin component tightened 137 basis points in 2005. Emerging and Latin American markets were also supported by active debt management, as countries took advantage of the favorable external en…
1 Jun 2006, 00:00 - 14 Oct 2025, 15:47
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This document was prepared by the Economic Projections Centre, under the supervision of Hubert Escaith, Director of the Statistics and Economic Projections Division of the ECLAC. André Hofman, Chief of the Economic Projections Centre (ECP), was in charge of technical coordination and for conducting the study. The assistance of the national and subregional offices and of the ECLAC Economic Development Division was much appreciated. The views expressed in this document, which have not been formally edited, are the sole responsibility of the working group and do not necessarily reflect the vi…
1 Abr 2006, 00:00 - 14 Oct 2025, 15:47
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Reseña
Este documento fue preparado por Víctor Tokman, 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 el apoyo de la Deutsche Gesellschaft fur Zusammenarbeit (GTZ);. El autor agradece la colaboración de
E. Fajynzilber y E. Espíndola y los comentarios de A. Uthoff, D. Titelman, J. Weller todos ellos funcionarios de CEPAL.El
…
1 Ene 2006, 00:00 - 14 Oct 2025, 15:47
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Reseña Este documento fue preparado por Víctor Tokman, 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 el apoyo de la Deutsche Gesellschaft fur Zusammenarbeit (GTZ). El autor agradece la colaboración de E. Fajynzilber y E. Espíndola y los comentarios de A. Uthoff, D. Titelman, J. Weller todos ellos funcionarios de CEPAL.El au…
This issue of Gender Dialogue focuses attention on the status of the girl child in the Caribbean and
examines the ongoing progress and challenges in fulfilment of international mandates such as the
Beijing Platform for Action, the Convention on the Rights of the Child (CRC), the Millennium Development
Goals and other relevant commitments.…
1 Nov 2006, 00:00 - 14 Oct 2025, 15:47
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Abstract We study the effect of fertility on maternal labour supply in Argentina and Mexico exploiting a source of exogenous variability in family size first introduced by Angrist and Evans (1998) for the United States. We find that the estimates for the US can be generalized both qualitatively and quantitatively to the populations of two developing countries where, compared to the US, fertility is known to be higher, female education levels are much lower and there are fewer formal facilities for childcare.…