Previous studies about the relationship between the cyclical components of Mexico's
output and unemployment suggest that it closely resembles that found in the
economy of the United States of America. This would indicate that the dynamics
between output and labour markets in the two economies are rather similar. However,
these estimates are puzzling for they do not correspond to a characterization made
to Mexico's labour market. Using a methodology first proposed by Clark (1989),
we find that the correlation between the transitory components of output and
unemployment is much lower t…
1 Ago 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
In the face of weak global growth in major export markets the Caribbean economies have underperformed. The situation is much more severe among service producers1 which have suffered the decline in tourist arrivals and offshore banking services. The goods producers have benefited from the commodity boom and have tended to show more robust growth. The expectations for 2013 are that growth will be positive in the region with the service producers growing at 1.5per cent and the goods producers at 3.6per cent. This performance will depend heavily on improved performances in the major export markets…
Using two standard cycle methodologies (Classical and Deviation Cycle) and a comprehensive sample of 83 countries worldwide, including all developing regions, we show that the Latin American and Caribbean cycle exhibits two distinctive features. First, and most importantly, its expansion performance is shorter and for the most par less imtense than that of the rest of the regions considered, and in particular than that of East Asia and the Pacific, East Asia and the Pacific's expansions last five years longer than those of LAC, and its output gain is 50% greater than that of LAC. Second,…
1 Jun 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
Caribbean policymakers are faced with
special challenges from climate change and
these are related to the uncertainties
inherent in future climate projections and
the complex linkages among climate
change, physical and biological systems
and socioeconomic sectors. The impacts of climate
change threaten development in the Caribbean
and may well erode previous gains in development
as evidenced by the increased incidence of climate
migrants internationally. This brief which is based
on a recent study conducted by the Economic
Commission for Latin America and the Caribbean
(LC/CAR/L.395)1 provides…
11 Abr 2013, 00:00 - 14 Oct 2025, 12:08
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Nota informativa
The UN General Assembly (UNGA) held a high-level thematic debate on "Addressing Excessive Price Volatility in Food and Related Financial and Commodity Markets," under the auspices of the President of the General Assembly and the Economic and Social Council.
The event was part of a UNGA resolution on excessive price volatility adopted on 14 February 2012, which called for policies to address long-term structural issues of the commodity economy and integrate commodity policies into wider development and poverty eradication strategies at all levels.
The resolution underscored the financial regula…
1 Nov 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
Belize is currently faced with several critical challenges associated with the production, distribution and use of energy. Despite an abundance of renewable energy resources, the country remains disproportionately dependent on imported fossil fuels, which exposes it to volatile and rising oil prices, limits economic development, and retards its ability to make the investments that are necessary for adapting to climate change, which pose a particularly acute threat to the small island states and low-lying coastal nations of the Caribbean.
This transition from energy consumption and supply patte…
1 Nov 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
The current energy systems within Curaçao depend primarily on high cost, imported fossil fuels, and typically constitute power sectors that are characterized by small, inefficient generation plants which result in high energy prices. As a consequence of its dependence on external fuel supplies, Curaçao is extremely vulnerable to international oil price shocks, which can impact on economic planning and foreign direct investment within their industrial sectors. The ability of the successive governments to source capital for economic stimulation and social investment is therefore significantly ch…
1 Nov 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
This survey posits that improving global prospects especially in the United States and Europe will mean opportunities for positive growth in the Caribbean due to increasing exports and renewed inflows from foregin direct investment and remittances. It points out that the response of the Caribbean economies to the global crisis has been asymmetric with the goods1 producing economies doing better than the service producing economies with respect to growth and their public finances. On the latter issue the region faces severe challenges as debt to GDP ratios in some countries are in excess of 100…
1 Ago 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
In the midst of one of the worst economic crises the Western world has faced,
governments are focusing on macroeconomic equilibrium and failing to address
the economy-environment disconnect and the social components of development.
The ecological degradation of our planet and its implications for human well-being
necessitate a sustainable approach. Although some progress has been made since
the United Nations Conference on Environment and Development in 1992, we have
yet to adopt a development path that takes account of the way that ecosystems
work or the persistent social and gender inequalit…
1 Jun 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
This report presents the results of the second survey of multinational enterprises (MNEs) from Chile, carried out by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the Institute of International Studies of the University of Chile (IEI), and the Vale Columbia Center on Sustainable International Investment (VCC), a joint center of Columbia Law School and The Earth Institute at Columbia University in New York. The survey, conducted in 2012, covers the period 2011 and was undertaken in the framework of the Emerging Markets Global Players (EMGP) project, an init…
1 Abr 2013, 00:00 - 14 Oct 2025, 12:05
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Publicación
Using the results of seven nationally and regionally representative household surveys, this study analyzes the impact of trade liberalization on wage inequality through a channel in which applied tariffs, owing to the preferential margin given under numerous preferential trade agreements, would affect industry wage premiums during the 1992-2006 period in Chile. I find the skill premiums for high-skilled workers there to have decreased, especially after 2000; this circumstance is unlike that seen in most other Latin American countries or during Chile's initial reform period. The results of…
1 Feb 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
Climate change poses special challenges for Caribbean decision makers related to the uncertainties inherent in future climate projections and the complex linkages between climate change, physical and biological systems,
and socioeconomic sectors. At present, however, the Caribbean subregion lacks the adaptive capacity needed
to address these challenges.
The present report assesses the economic and social impacts of climate change on the coastal and
marine sector in the Caribbean until 2050. It aims both to provide Caribbean decision makers with cutting edge
information on the vulnerability to …
Recently, Latin American countries have had to face the challenges of improving social inclusion and economic redistribution while consolidating democratic institutions after long periods of authoritarian regimes in many of them. Addressing pressure for social inclusion was all the more difficult, since these societies are characterized by some of the worst income disparities in the world and high degrees of labor market informality.
After the 70’s, the massive explosion of social demands in the transition to democracy transformed the region into a social laboratory aiming to promote social in…
1 Nov 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
The increasing prominence of developing countries in the world economy reects not only their economic dynamism but also stronger links through increased South-South trade, investment and cooperation. Developing countries in both Latin America and East Asia must act proactively to prepare themselves for this new scenario, adjusting their policies and strategies so as to take advantage of the growing potential of South-South links. In this regard, authorities from both regions should redouble their efforts to identify and capitalize upon their potential complementarities, by creating biregional …
1 Ago 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
This study attempts to analyse the growth of Cuba's production sector and to
identify the main determinants and constraints that existed during a period when
tighter restrictions on trade and financial activity forced the country to reorient its
economic model and its position in the world economy. This analysis includes an
exploration of the institutional dimension of the gross domestic product (GDP). The
model, variables and methodology used for this purpose have all been adapted to
the particular features and specificities of the Cuban economy.…
1 Ago 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
This study analyses how far the strong expansion of Argentine exports since
2003 has been due simply to favourable external conditions and how industrial
manufactures have behaved. It finds that the country's pattern of international
specialization has not greatly altered at the major category level, but that both
primary products and manufactures of agricultural origin, which account for much of
the trade surplus, have undergone significant changes in composition. In addition,
regional trade has consolidated and traditional partners such as the European Union
and the United States have b…
1 Oct 2013, 00:00 - 14 Oct 2025, 12:08
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Publicación
Sustainable growth strategies depend critically on the role of the state in different societies, and the incentive structures associated with alternative institutional arrangements. In particular, in multi-level countries, incentive structure matter even more, as elements of game play between different levels of government becomes possible. Under these circumstances, organizational structures borrowed from advanced countries may not function as expected and could generate deleterious incentives. This paper focuses on the institutions and governance issues as preconditions for susta…
28 Ene 2013, 00:00 - 14 Oct 2025, 12:05
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Comunicado de prensa
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(21 de enero, 2013) Connotados economistas de América Latina y Europa se dieron cita en la sede de la Comisión Económica para América Latina y el Caribe (CEPAL) en Santiago, Chile, para debatir sobre las oportunidades y los desafíos que presenta la relación birregional en el actual escenario de turbulencias internacionales.
El evento se realiza en el marco de la I Cumbre de la Comunidad de Estados Latinoamericanos y Caribeños y la Unión Europea (CELAC-UE), que reunirá a representantes de 60 países los días 26 y 27 de enero en la capital chilena.
El Foro Económico América L…
20 Oct 2013, 00:00 - 14 Oct 2025, 12:08
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Nota informativa
El CIDOB (Barcelona Centre for International Affairs) en colaboración con la DFD de la CEPAL, la ESADE (Escuela Superior de Administración y Dirección de Empresas) y la Secretaría General Iberoamericana (SEGIB), organizó, por octavo año consecutivo, el seminario sobre la Agenda de Desarrollo Iberoamericana (ADI). El mismo tuvo lugar en Barcelona los días 19 y 20 de octubre de 2012, semanas antes de la celebración en Cádiz de la XXII Cumbre Iberoamericana de Jefes de Estado y de Gobierno, y que centró sus deliberaciones sobre el tema: "Una relación renovada en el Bicentenario de la Constitución…
10 Jun 2013, 00:00 - 14 Oct 2025, 12:01
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Comunicado de prensa
(10 de junio, 2013) "En el área agrícola hay complementariedades reales entre China y América Latina y el Caribe, que pueden permitir la construcción de una relación comercial, tecnológica y cultural de carácter estratégica, con beneficios mutuos", dijo Antonio Prado, Secretario Ejecutivo Adjunto de la Comisión Económica para América Latina y el Caribe (CEPAL), en el Primer Foro de Ministros de Agricultura China-América Latina y el Caribe finalizado el 9 de junio en Beijing, China.
En su discurso ante los funcionarios presentes en la cita, Prado subrayó la necesidad de lograr relaciones comerc…