In the current world context, the countries of the Caribbean must focus on closing the structural gaps they still have, particularly with regard to gender equality, financial and fiscal sustainability (due to their high debt level), and mitigating the effects of climate change, in order to meet the commitments adopted under the 2030 Sustainable Development Agenda and its 17 Goals (SDGs). This was pointed out by Alicia Bárcena, Executive Secretary for the Economic Commission for Latin America and the Caribbean (ECLAC) during an event held in New York.
The international senior official was the k…
In the last six months, Caribbean island states have suffered the consequences of the worst hurricane season this century with more than 102 deaths and territories that were completely devastated, such as Barbuda, Anguilla, Saint Martin, Dominica, Cuba and Puerto Rico, among others. To help in their reconstruction and future adaptation to natural disasters, the criteria enabling them to access financing must be changed, according to the senior international officials gathered in New York at a special session of the United Nations Economic and Social Council (ECOSOC), convened to address the ef…
Vice-presidents, ministers and vice-ministers of finance from several Latin American and Caribbean countries attending a seminar at ECLAC headquarters in Santiago, Chile, today called for fiscal responsibility to be maintained in order to promote growth and equality, particularly in light of the current complex economic and political context.
The officials and other international experts were attending the Twenty-ninth Regional Seminar on Fiscal Policy, which is to run until tomorrow, Friday 24 March. Organized by ECLAC, the meeting is also supported by the International Monetary Fund (IMF), t…
To support national efforts on development financing, it is time to definitively move beyond the dichotomy of donor-receiver and the criteria of per capita income in the allocation of Official Development Assistance (ODA) and advance toward a new model that takes into account, for example, the needs of middle-income countries, a category that encompasses 85% of Latin American and Caribbean nations, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said today in Brussels.
Bárcena participated this Thursday in a seminar entitled Next step…
Although, at first glance, it would seem to be a contradiction in terms, official statistics indicate that both unemployment and economic activity in the Bolivarian Republic of Venezuela are on a steep downward trend. However, a decline in unemployment can, in fact, occur in the midst of an economic recession if a portion of the actual unemployment rate is concealed by employment in the informal sector and/or by a significant number of people abandoning their job search. Using maximum likelihood estimates for homogeneous Markov matrices applied to household sample survey data for the period st…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first quarter of 2017) concerning capital flows to Latin America and the Caribbean.
The main highlights are:
- 2017 started with the highest monthly issuance on record for Latin America and the Caribbean (LAC)’s cross-border bond market, with total issuance reaching US$ 24.2 billion in January. Petrobras led the way, issuing a US$ 4 billion dual-tranche bond on January 9, encouraging other issuers to come to the market.
- Although…
The handiwork of CHATT will be on display at ECLAC Caribbean’s Port of Spain office for these three days, and several of the participating artisans will be present to share information on their work.
Members of the diplomatic community and the United Nations system were invited to enjoy this unique display of craftwork, which includes decorative and wearable crochet items, jewelry, clothing, hand –crafted lighting, glass and crystal works, all of which are on sale, just in time for early Christmas shopping!
The six-year-old organization CHATT, is based in Chaguanas, Trinidad …
The Prime Minister of Trinidad and Tobago, Keith Rowley, visited today the central headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, where he was received by its Executive Secretary, Alicia Bárcena. During the meeting, both officials agreed to increase bilateral cooperation and technical assistance, especially with regard to the economy and energy.
Prime Minister Rowley, who is in Chile on an official visit, was accompanied by a delegation made up of the ministers of Foreign Affairs, Industry and Trade, Energy and Energy Industries, and the…
In the framework of an official visit to Chile, the Jamaican Prime Minister, Andrew Holness, gave a keynote lecture today at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, in which he advocated for deepening cooperation ties between the countries of the Caribbean and Latin America.
The senior official – the first Jamaican leader to visit this United Nations regional organization – was received by ECLAC’s Executive Secretary, Alicia Bárcena, who welcomed him and highlighted the country’s commitment to moving ahead on achieving the goals of t…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first half of 2017) concerning capital flows to Latin America and the Caribbean.…
More than 60 people participated in the seminar, including development bank officials, government officials and experts in financial inclusion from 17 countries in Latin America and the Caribbean.…
Thirty-two public officials, senior officers and decision makers from several Eastern Caribbean Currency Union (ECCU) countries gathered in Saint Vincent and the Grenadines this week, to gain a better understanding of the tools needed to provide deeper trade analysis that would support future Economic Union trade negotiations among members of the OECS.
Hosted by the Ministry of Foreign Affairs and Foreign Trade of Saint Vincent and the Grenadines, the workshop introduced participants to a suite of cutting-edge digital tools that will bolster their ability to analyse national trade compe…