This paper analyses recent trends and future prospects in the Caribbean Community (CARICOM), an incomplete customs union of 15 States in the Caribbean that includes most English speaking countries in the region plus Haiti and Suriname. In these small economies, the promotion of exports is of utmost importance, as in the medium term these are the only means to pay for the import of capital goods, intermediate inputs and technology necessary to build up their economic infrastructure. This study reviews first the progress made with reforms to complete the CARICOM Single Market and Economy (CSME) …
Given the risks the world economy is still facing and the ascendancy of Brazil and India as major growth poles of the global economy, government authorities in Latin America and the Caribbean should redouble their efforts to identify and capitalize upon the potential complementarities created by greater integration with the BRICs. In view of the inter-industrial nature of trade between India and Latin America including Brazil, the region should seek to create partnerships between its firms and successful Indian companies, in order to gain access to supply chains that produce more complex, tech…
(29 October 2010) Foreign direct investment (FDI) in Latin America and the Caribbean recovered significantly in 2010 with regard to the drop in 2009 as a result of the global financial crisis.
According to new data released today by ECLAC, FDI to 11 of the region's economies grew 16.4% during the first semester of 2010 in comparison to the same period last year. This increase totaled over US$7 billion, rising from US$43.2 billion in 2009 to US$50.3 billion this year.
Latin American and Caribbean investment abroad grew strongly, jumping from US$5.5 billion in the first semester of 2009 to US$20…
(29 de octubre, 2010) La inversión extranjera directa (IED) en América Latina y el Caribe ha mostrado una importante recuperación en 2010 con respecto a la caída anotada en 2009 como consecuencia de la crisis financiera internacional.
Según nuevas cifras entregadas hoy por la CEPAL, la IED hacia 11 economías de la región se incrementó 16,4% durante el primer semestre de 2010, en relación a igual período del año pasado. En dólares, el aumento fue de más de 7.000 millones, al pasar de US$ 43.241 en 2009 a US$ 50.345 en 2010.
Asimismo, los países de América Latina y el Caribe han mostrado un fuer…
The global economic crisis has put an end to a period of worldwide expansion and halted the integration of Latin America and developing Asia with the international economy. Current and expected economic weakness in the advanced economies has led us to look elsewhere for sources of growth. Emerging economies in Asia and Latin America have increased their contributions to world production, finance, and trade in the past decades. In doing so, the two regions have deepened their economic ties with significant implications for the recovery of their respective economies. In this paper we discuss the…
In 2009, the global economy experienced the fallout from the worst economic crisis since the Great Depression of the 1930s. Given the decline in output and in international trade in the world's largest economies, sharply lower foreign direct investment (FDI) flows were to be expected, as was the subsequent toll on the installation of new production capacity and on the technological modernization of existing plant and equipment. In evaluating the consequences of these processes on inward and outward investment in the countries of Latin America and the Caribbean, this report focuses on thre…
Documento informativo En 2009, la economía mundial sufrió las consecuencias de la mayor crisis económica desde la Gran Depresión de los años treinta. Ante la caída de la producción y el comercio internacional de las mayores economías del mundo, cabía esperar una intensa reducción de las corrientes de inversión extranjera directa (IED), con los consiguientes efectos negativos en la instalación de nueva capacidad productiva y la modernización tecnológica de activos existentes. A fin de evaluar las consecuencias de estos procesos en la dinámica de inversión hacia y desde los países de América Lat…
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(05 May 2010) Foreign direct investment (FDI) flows to Latin America and the Caribbean will rebound in 2010, rising 40% to 50%, after dropping in 2009 as a result of the global crisis, according to ECLAC's annual report on FDI released today.
The report Foreign Direct Investment in Latin America and the Caribbean 2009 asserts that the expected increase this year would allow the region to resume the levels of FDI of 2007, which totaled over US$100 billion.
"Now that the storm has passed, we see that the region has once again become an inter…
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(5 de mayo, 2010) Los flujos de inversión extranjera directa (IED) hacia América Latina y el Caribe anotarán en 2010 un repunte de entre 40 y 50%, tras la caída sufrida en 2009 a causa de la crisis internacional, según el más reciente informe de la CEPAL dado a conocer hoy.
El informe La inversión extranjera directa en América Latina y el Caribe 2009 indica que el repunte esperado para 2010 permitiría a la región retomar los niveles de IED alcanzados en 2007, con ingresos superiores a los 100 mil millones de dólares.
"Una vez pasada la tormen…
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(5 de maio de 2010) Os fluxos de investimento estrangeiro direto (IED) na América Latina e no Caribe deverão ter, em 2010, um aumento entre 40 e 50%, após a queda em 2009 ocorrida pela crise internacional, segundo o mais recente relatório da CEPAL apresentado hoje.
O relatório O investimento estrangeiro direto na America Latina e no Caribe 2009 indica que o aumento esperado para 2010 permitirá que a Região retome os níveis de IED alcançados em 2007, com valores superiores a 100 bilhões de dólares.
"Uma vez passada a tormenta, comprovamos …
(27 April 2010) Foreign direct investment flows in the region fell sharply during 2009, but recovery is expected for this year. The causes and magnitude of this upturn are analyzed in the ECLAC report, Foreign Direct Investment in Latin America and the Caribbean 2009, to be released on Wednesday, May 5.
Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), will present the report at a press conference in Commission headquarters in Santiago, Chile at 11:00 a.m.
The twelfth number of the report provides a regional overview of foreign direct i…
(27 de abril, 2010) Las corrientes de inversión extranjera directa en la región cayeron fuertemente en 2009, pero se estima una recuperación para este año. Las causas y magnitud de este repunte son analizadas en el informe de la CEPAL, La inversión extranjera directa en América Latina y el Caribe 2009, que se presentará el miércoles 5 de mayo.
Alicia Bárcena, Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), presentará el informe en conferencia de prensa a las 11:00 horas en la sede del organismo regional en Santiago de Chile.
La duodécima edició…
(27 de abril de 2010) As correntes de investimento estrangeiro direto na Região caíram fortemente em 2009. Estima-se uma recuperação para este ano. A magnitude e razões do aumento são analisadas no relatório da CEPAL, La inversión extranjera directa en América Latina y el Caribe 2009, que será apresentado na quarta-feira, 5 de maio.
Alicia Bárcena, Secretária Executiva da Comissão Econômica para a América Latina e o Caribe (CEPAL), apresentará o relatório em uma conferência de imprensa, às 11:00 horas, na sede do organismo regional, em Santiago, Chile.
A décima segunda edição do relatór…
This publication is a contribution of the Economic Commission for Latin America and the Caribbean (ECLAC) to the analysis of the implications for regional development represented by a growing relationship with China. In 2009, when the world faced its worst economic crisis in eight decades, China consolidated its position as a key player in the global economy. While the world as a whole and the industrialized countries experienced economic declines of 0.8% and 3.2% respectively, China managed to grow by 8.7%. This was possible thanks to a giant economic stimulus package, accompanied by a tr…
La presente publicación es un aporte de la Comisión Económica para América Latina y el Caribe (CEPAL) al análisis de las proyecciones que representa para el desarrollo regional el creciente vínculo con China. El año 2009, en que el mundo enfrentó su peor crisis económica en ocho décadas, presenció al mismo tiempo la consolidación de China como un actor central en la economía mundial. Mientras el mundo como un todo y los países industrializados experimentaban caídas en el producto de un 0,8% y un 3,2%, respectivamente, China logró crecer a un 8,7%. Esto fue posible merced a un gigantesco paque…
Policies towards the external sector have maintained their basic characteristics since the beginning of the present decade, although emphasis has been given to some specific aspects. Little doubt remains that the positive outcome - at least until recently – has been clearly a result of the country having profited from very favorable circumstances in the international scenario. This article discusses the main features of the external sector of the Brazilian economy, regarding trade flows, foreign investment, the internationalization of Brazilian entrepreneurial groups and the short-term financi…