Six United Nations agencies call on governments to ensure smooth transit and transport for their landlocked neighbours during and after #COVID19.…
Multinational transport infrastructure (MTI) projects are fraught with coordination issues. This paper contributes by identifying the key issues necessary for effective MTI coordination, analyzing them using economic theory and putting them into perspective within the framework of major ongoing coordination efforts for MTI in Europe and Latin America. Specifically, this paper carries out the following. First, after mentioning the importance of transport infrastructure for growth and integration, we describe the characteristics of transport networks that make coordination essential. Second, we …
Singapore has been touted as a success story in the development literature.1 Various theories (Haggard and Kaufman, eds., 1992)2 have been offered to explain how and why the city-state has succeeded, but none of them has received unanimous approval. There is no debate on the success itself, what is at issue is how that success came about and how it has been sustained. For many it is a combination of the right policies and timing; for some, exploitation of a strategic position in the region; and for even others, a one-party dominant political system that allows for consistency in decision-maki…
This paper focuses on the recent trends of private and unilateral efforts to account for the carbon emissions of traded goods, with the objective of identifying possible risks and opportunities for Latin American and Caribbean exporters. It presents a description of the ongoing initiatives, standards and proposed legislation that are relevant to the discussion. It follows this by identifying the shortfalls and challenges of carbon footprinting, and the implications for Latin American and Caribbean export competitiveness. Finally it provides policy suggestions for the region, assuming the growi…
Hubert Escaith is Director of Statistics and Economic Projections Division, ECLAC. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization.. This paper was prepared for the REDIMA workshop on Modeling Macroeconomic Coordination in the Andean Community, Santiago, Chile 22 October 2003. Introduction The early 1990s opened a new era for the analysis of economic interactions between Latin America and Caribbean (LAC) countries. Two channels, real and financial, conveyed th…
Abstract This Manual is part of the teaching material prepared especially for the use of training workshops dealing with techniques for collecting information, country by country, on all measures pertaining to trade in services in the countries of the western hemisphere. The Manual is designed to be updated as the training workshops progress, to take account of the suggestions and improvements that come out of these. The Manual includes basic background material on quantitative aspects of services trade in the world and in the countries of the hemisphere (Section I);. Next, information is give…
This study addresses the balance struck under the Trans-Pacific Partnership Agreement (TPPA) between the right to health and access to medicines and the need to maintain the economic incentives to spur innovation and research and development through intellectual property protection. The analysis focuses on the patent and data-related intellectual property protection provisions of the TPPA, specifically regarding pharmaceutical (small-molecule and biologic) products, including on patent duration, linkage and term extensions as well as clinical test data protection and market exclusivity. Specia…
This study analyzes foreign direct investment (FDI) outflows from the Republic of Korea to Latin America and the Caribbean in the last two decades to identify how Korean companies are investing in the region and which lessons can be learned from this relationship. The study relies on the analysis of investment flows, greenfield projects, and mergers and acquisitions as well as on interviews with entrepreneurs and authorities and a survey conducted on a small sample of suppliers of the automotive industry in Mexico. The Republic of Korea is a valuable economic partner for countries in Latin Ame…
Creative industries have become a new engine of growth and development in the world economy. This dynamic sector, which ranges from traditional arts to multimedia, has been an important driver of innovation and productivity growth. The present study argues that the creative industries can become a pillar for economic diversification and export growth in the Caribbean. The study adds to the developing literature on the creative sector by evaluating export performance in the context of constraints as well as opportunities. The Caribbean creative sector possesses a number of advantages that are r…
The Association of Southeast Asian Nations (ASEAN) has become one of the most important players in the global trading system. Comprising 10 countries with very diverse income levels, ASEAN is now the world’s fifth largest economy and plays a central role in the so-called “Factory Asia”. This document begins with an overview of the history and institutions of ASEAN, before focusing on one of its three pillars: the ASEAN Economic Community (AEC), including a critical assessment of outcomes in the areas of trade in goods, trade in services and investment, among others. The document draws best pra…
El presente documento constituye un aporte de la Comisión Económica para América Latina y el Caribe (CEPAL) al primer Foro de la Comunidad de Estados Latinoamericanos y Caribeños (CELAC) y China, (Beijing, 8 y 9 de enero de 2015). El documento se compone de tres partes. En la primera parte se sintetizan los principales elementos del contexto económico internacional en que se inserta hoy América Latina y el Caribe. En la segunda, se presenta un breve panorama de las relaciones comerciales y de inversión entre la región y China. Finalmente, en la tercera parte se ofrecen algunas conclusiones y r…
Del 13 al 14 de septiembre de 2018, el Foro Global de Servicios (FGS) y la Conferencia de la Red Latinoamericana y del Caribe para la Investigación en Servicios (REDLAS) se reunirán en Buenos Aires, Argentina, para centrarse en el importante papel de los servicios basados en el conocimiento para el desarrollo sostenible, la diversificación productiva y de exportación, la innovación e internacionalización.…
This document contributes to the scarce empirical literature on the role of services as a source of manufacturing competitiveness in developing economies, providing evidence on the Latin American region. The 2018 release of the Organisation for Economic Co-operation and Development (OECD)’s Trade in Value Added (TiVA) database is used to assess the servicification of manufacturing exports in seven Latin American countries (Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru) between 2005 and 2015, in comparison with ten Asian emerging economies (eight ASEAN countries (Brunei Daruss…
International flows of capital in the form of foreign direct investment have become an important means of promoting economic development in many countries. The spread of globalization and the activity of transnational corporations have been driving forces behind these flows have already been adequately analyzed. An important new phenomenon of recent decades is the rapid increase in the outward foreign direct investment (OFDI) flows from developing countries. Much less attention has been paid to outward investment by developing countries, mainly because it was negligible until recently.OFDI fro…
For more than 60 years, the Center for Latin American and Caribbean Studies (CLACS) at the University of Illinois, Urbana-Champaign has worked to promote innovative research, specialist teaching, and public awareness of the Latin American and Caribbean region: its histories, challenges, and complex connections to the United States and other parts of the world. This conference seminar celebrates and builds upon the extraordinary contributions of Werner Baer and Geoffrey Hewings to the legacy of the Center. Through their inspiring, professional, and selfless work –with CLACS, with the Lemann Cen…