1 Abr 2007, 00:00 - 14 Oct 2025, 18:11
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This brief note presents some thoughts about the possible effects of the failure to renew the Andean Trade Preferences and Drug Eradication Act (ATPDEA); and its possible expiration this coming December 31. United States President, George W. Bush, asked his country's Congress to extend the validity of the trade preferences granted to the Andean countries under the ATPDEA. That news was welcomed and applauded by the Andean countries, which hailed this measure and promptly thanked the U.S. leader for his gesture.
Even so, it is evident that there are Congressmen in the United States who do …
This document takes up a number of the points raised in the 2005 report by ECLAC and other UN agencies on the Millennium Development Goals (MDGs) in Latin America and the Caribbean. It provides further discussion on the type of problems and challenges facing the region in five areas that are either included in the MDGs or closely related to them (poverty, hunger and child malnutrition, education, health and children). The document makes recommendations for the region's governments and countries in these five areas.…
1 Ago 2007, 00:00 - 14 Oct 2025, 18:14
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Recent evidence on economic growth indicates that growth fluctuations at frequencies of a decade or so are at the centre of the Latin American countries'growth story. In this context, investment has played an important role as a source of growth, while national saving has been the main source of investment financing. Foreign saving has played a secondary role and has generally been substituted for national saving, rather than augmenting the total amount of savings available in Latin America. The high volatility and vulnerability to external swings exhibited by foreign capital have made fo…
1 Mayo 2007, 00:00 - 14 Oct 2025, 18:15
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Introducción Internationally, development banks emerged as governments of many countries attempted to accelerate economic development by directing finance to achieve this objective.Accordingly, it was felt that development banks had a major role to play in steering resources appropriately, particularly where there is market failure. Thus, development banks were deemed as a critical ingredient to improving access to credit, allowing for the provisioning of long-term finance at a low price, and the financing of start-up activities. In addition, development banks were seen as essential to the fi…
1 Ene 2007, 00:00 - 14 Oct 2025, 18:14
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National savings and growth in Latin America have remained low in the 1990s and 2000s. The low level of national savings rates has forced Latin American countries to depend on foreign savings to finance investment and growth, which compounds the challenges for raising investment and growth prospects. This study extends the research on savings in three different dimensions: (1) in a time perspective, it extend the analysis on savings to the most recent years: we examine the period 1990-2003: (2) it examines the causality between savings, investment, and growth mostly uncovered in previous resea…
22 Feb 2007, 00:00 - 14 Oct 2025, 18:15
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Latin American markets had another good year in 2006. The liquidity environment remained supportive, credit quality continued to improve, and concerns that the heavy electoral calendar would increase volatility did not materialize. Latin America continued to reap the benefits from the commodities boom, while rising oil prices during most of the year continued to be a net positive for oil exporting countries; together with a significant increase in remittances from Latin Americans abroad they contributed to increase the region's current account surplus. Latin American stocks surged to a fo…
24 Oct 2007, 00:00 - 14 Oct 2025, 18:15
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ABSTRACTThe main objective of this document is to show the application of modern econometric techniques, and compare the results obtained from non-stationary time series technique against those from the non-stationary panel date technique applied to a specific macroeconomic problem such as the export-led growth hypothesis.From the results of the country-by-country analysis we found evidence in favor of the export-led growth hypothesis only for 5 countries out of 40. On the other hand, using panel data techniques we found that the hypothesis holds for our sample. However, this result is valid o…
1 Mar 2007, 00:00 - 14 Oct 2025, 18:14
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This report addresses the organization, nature, and prospects for labor law enforcement in Central America and the Dominican Republic. It draws a distinction between the Anglo-American approach to enforcement, which is rooted in deterrence and punishment, and the Latin alternative, which is rooted in conciliation and training. And it argues that the Latin approach is--at least in theory--better able to reconcile the labor force's need for protection with the economy's demand for flexibility. Finally, it reviews recent changes in the subregion's labor inspection systems, …
This survey provides an overview of the macroeconomic performance of countries of the Caribbean Development and Cooperation Committee (CDCC) for the year 2006 and their outlook for 2007. The report consists of three chapters. The first one provides a regional analysis of the main economic indicators from a comparative perspective. The second chapter deals with two selected topics of particular relevance for the economic development of Caribbean countries, namely remittances and migration, and natural resources dependency. The last chapter presents country briefs with the main macroeconomic dev…
1 Mayo 2007, 00:00 - 14 Oct 2025, 18:02
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Abstract In the early 1980s, within the wider structural adjustment and liberalisation framework, financial sector reform were initiated to allow greater facility of market forces in the pricing and allocation of financial resources. The sector has been increasingly liberalised since then with subsequent on-going reform addressing the legislative and regulatory frameworks. The on-going reforms have sought to improve resource flows for productive investment. Nevertheless, there are persistent fractures and imperfections in the credit market. Development banking seeks to define and reso…
1 Mar 2007, 00:00 - 14 Oct 2025, 18:02
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En la presente edición del Anuario estadístico de América
Latina y el Caribe 2006 se mantienen los cambios de
contenido y de diseño introducidos en el año 2005. El
propósito es responder a las nuevas exigencias de los
investigadores que analizan la situación económica y
social de la región e incorporar los avances tecnológicos
que modifi can la difusión y el uso de la información
estadística.
El Anuario cuenta con cuatro capítulos. En el primer
capítulo se presentan los indicadores demográfi cos y
sociales, que refl ejan el esfuerzo especial realizado para
incluir la dimensión de género en la…
1 Ene 2007, 00:00 - 14 Oct 2025, 18:02
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The publication of this book was made possible by the contributions of the Ford Foundation and the German Federal Ministry for Economic Cooperation and Development (BMZ). The funds of the latter institution are managed by the Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ). This is an ECLAC and Palgrave Macmillan copublication. Preface From time to time, Latin American countries experience growth spurts, like in the period 2004-05, when the region achieved the highest biennial growth rate of the past 25 years. However, sustained growth has been elusive in the last quarter …
1 Ene 2007, 00:00 - 14 Oct 2025, 18:00
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PrefacioEn nuestro primer documento, ONUEnergía se centró en El desafío de la Energía para Alcanzar los Objetivos de Desarrollo del Milenio . Señalamos que los servicios energéticos disponibles no han logrado satisfacer las necesidades de los más pobres del mundo, con 2.400 millones de personas que recurren a la biomasa tradicional para sus necesidades energéticas, y 1.600 millones sin acceso alguno a la electricidad. Los compromisos básicos para la gente pobre no se pueden alcanzar sin un enfoque mucho más centrado hacia los servicios energéticos.Al mismo tiempo, se ha visto un fuerte au…