1 Abr 2007, 00:00 - 14 Oct 2025, 15:50
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Publicación
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 …
The main purpose of this paper is to explore and analyze the contributions that publicprivate
partnerships and public policy have made in the development of tourism in the Caribbean
as tools for enhancing competitiveness in the Caribbean tourism industry. The paper explores
these contributions mainly in the context of the upgrading strategies that Caribbean countries
have pursued over the past 15 years or so and using the lens of the tourism value chain and
tourism cluster approach. The paper also analyzes the potential roles that public-private
partnerships and public policy will continue to …
The main purpose of this paper is to explore and analyze the contributions that publicprivate
partnerships and public policy have made in the development of tourism in the Caribbean
as tools for enhancing competitiveness in the Caribbean tourism industry. The paper explores
these contributions mainly in the context of the upgrading strategies that Caribbean countries
have pursued over the past 15 years or so and using the lens of the tourism value chain and
tourism cluster approach. The paper also analyzes the potential roles that public-private
partnerships and public policy will continue to …
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.…
25 Oct 2007, 00:00 - 14 Oct 2025, 15:50
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Concerns about the ongoing U.S crisis in the housing sector and the asset exposures to subprime mortgages dominated financial markets in the second and third quarters of 2007. Volatility spiked in July and August, with losses in the subprime mortgage sector spreading to other risky assets. The volatility radiating from the United States is changing the global backdrop for emerging markets. This change comes after several years when the combination of improvement in country macroeconomic policies and strong risk appetites led to strong flows of new money to the emerging markets asset classes. …
1 Ago 2007, 00:00 - 14 Oct 2025, 15:50
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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, 15:50
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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 Mayo 2007, 00:00 - 14 Oct 2025, 15:50
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Publicación
During the past three decades, the Hispanic population has experienced rapid growth throughout the United States. According to national estimates released by the U.S. Census Bureau, as of 1 July 2004, the Hispanic population reached 41.3 million, comprising 14.2% of the population and making it the most numerous and fastest growing minority group in the United States.The rapid increase in the Hispanic population has profound socioeconomic and cultural effects. For instance, the rise in the Hispanic population has had a deep impact in the U.S. corporate sector. In 2002, there were 1.6 million H…
1 Mayo 2007, 00:00 - 14 Oct 2025, 15:50
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Preface In Latin America and the Caribbean, the idea of social cohesion has emerged as a response to persistent problems which, despite certain achievements over the past few years, continue to exist: high indices of poverty and indigence, the extreme inequality that characterizes our region and various forms of discrimination and social exclusion dating back to the distant past. The actors that might potentially be capable of fostering positive interaction lack a common set of principles of cooperation and communication. While there are usually many reasons for these gaps, the frail m…
1 Mar 2007, 00:00 - 14 Oct 2025, 15:50
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This document summarizes the main ideas contained in the inter-agency publication with the same title coordinated by the Economic Commission for Latin America and the Caribbean (ECLAC), which included contributions from all of the international organizations that are present in the region (United Nations, 2005). This book examines the progress made between 1990 and 2004 by the Latin American and Caribbean countries and by the region as a whole in pursuit of the Millennium Development Goals and their respective targets. Together with this review, it analyses the main features of the region'…
1 Ene 2007, 00:00 - 14 Oct 2025, 15:50
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Publicación
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…
This paper compares the dynamism of the Latin American and Caribbean region's services trade with that of Asia, evaluates the determinants of these trade flows, and proposes measures for improving the region's performance. The focus of this study is on other services , which includes all services except transport and travel services (mainly tourism). Other services include many modern service inputs (including communications, financial and information technology services and business services), that play an increasingly vital role in determining many businesses&…
From a broad sustainable development viewpoint, intellectual property (IP) might relate to a number of aspects of a country's social and economic development. Its impact can be felt in industrial, health, education, nutrition, biodiversity and cultural policies. In exploring the issues relating to sustainable development and the important changes that have taken place in the IP landscape, we will focus on issues that are drawing particular attention in major international for and to developments that are taking place in bilateral trade negotiations.This paper will thus focus on understand…
Defining appropriate Intellectual Property (IP) policy is a key industrial and social policy matter for Latin American governments. The IP interests of countries in Latin America may differ substantially from comparable interests in the United States, Europe and Asia, and IP interests among Latin American countries may differ. Many Latin American countries have a strong tradition of creative works covered by copyright, such as authorship of books, music and paintings. Most Latin American countries do not have a tradition of developing new chemical entities in the pharmaceutical sector, and pat…
This report examines the availability of information and communication technologies (ICTs); in households in Latin America and the Caribbean region. It draws on household surveys from a number of countries in the region conducted over the last few years. These surveys are contained in the Economic Commission for Latin America and the Caribbean (ECLAC); Database of Household Surveys (BADEHOG, Banco de Datos de Encuestas de Hogares);, a restricted access database. The ICTs that have been analyzed are: Radio, Television, Fixed telephone, Mobile telephone, Computer and Internet.The scope of the co…
1 Oct 2007, 00:00 - 14 Oct 2025, 15:50
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Since its initiation on January 1, 1994, the agriculture section of the North American Free Trade Agreement (NAFTA) has been controversial, which has led to several trade disputes, suggestions for modification and strengthening, and even Presidential initiatives such as the Security and Prosperity Partnership of North America (SPP). While NAFTA has done much to spur economic growth and development, it has not realized its potential in integrating agrifood markets. Several illustrations are summarized in this report on progress in overcoming sanitary and phytosanitary (SPS) barriers to trade un…
This study provides an analysis of links between trade liberalisation, trade performance and competitiveness in the Caribbean. The study takes an eclectic approach, borrowing from different strands of theory and empirical findings, where necessary. Nevertheless from a broad conceptual frame of reference, an effort is made to analyse the structural, institutional and market (demand and supply); factors that impinge on trade performance and competitiveness outcomes in the region. This approach, it is believed, provides the most relevance for analysing the real world situation in the Caribbean,…
1 Ago 2007, 00:00 - 14 Oct 2025, 15:50
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Since the implementation in 1994 of the North American Free Trade Agreement, trade between the three North American countries has almost tripled. However there are substantial impediments for the efficient freight movements between the three countries. Major obstacles derived from transaction costs which reduce and sometimes eliminate the benefits gained from the removal of tariffs resulting from NAFTA. The paper analyzes North American truck, rail and maritime trade and transportation characteristics and operations that serve as the foundation to identify and quantify transaction costs caus…
1 Mar 2007, 00:00 - 14 Oct 2025, 15:50
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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…
22 Feb 2007, 00:00 - 14 Oct 2025, 15:50
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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…