At the global level, trade in services has been the most dynamic sector, with an average growth rate about double that in the primary and manufacturing sectors. However, the three activities have a completely different composition in terms of type of labour, services being the most skill-intensive. In Uruguay, the formation of human resources shows several weaknesses; which leads one to ask: Is Uruguay prepared to take advantage of the opportunities open in the global market? If not, what are the consequences? A simulation exercise was tried consisting of an increase in external demand for ski…
Abstract:
The global financial crisis that emerged in developed countries' markets revealed the shortcomings of an economic policy approach which believed in the self-regulation of markets and minimized the role of the State. The post-crisis reality demands a reformulation of the role of the State. Latin America and the Caribbean countries face this challenge in a context of ongoing changes in the world production structure that threaten its position in the global economy. Although many Latin American and Caribbean countries were successful in overcoming the crisis, four key areas of policymak…
The small island developing States (SIDS) of the Caribbean referred to in this report comprise Antigua
and Barbuda, Aruba, the Bahamas, Barbados, Belize, Cuba, Dominica, the Dominican Republic, Grenada,
Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname,
The Netherlands Antilles, Trinidad and Tobago and the United States Virgin Islands. As far back as 1994,
these countries expressed commitment to implementation of the Barbados Programme of Action (BPoA)
for SIDS and have reiterated their support in making progress in achieving the targets set…
In this new phase of post-financial-crisis economic recovery, the countries of the region are meeting considerable challenges and opportunities involving the information society, an economic and social system in which knowledge and information are vital sources of wellbeing and progress. It has been said that the countries of the region will be able to achieve greater and better growth only if they renew their strategies for development with equality and lay a sounder foundation for growth and greater social inclusion in a new technological era based on information and communications technolog…