1 Abr 2004, 00:00 - 14 Oct 2025, 15:30
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Publicación
The contagion aspects of the financial and exchange-rate crises in
recent years demonstrate the need to extend the domain of macroeconomic
policy from the national dimension to the regional one. This paper
presents the main concepts and challenges behind macroeconomic policy
cooperation in Latin America and the Caribbean and evaluates them from
a game-theory perspective. Under certain conditions related to the debate
on optimal currency areas, entering into a cooperative dynamic will be beneficial for all participants. Moreover, it is shown that because the welfare gains from regional cooperat…
This paper examines the progress in the implementation of the CSME and what this has meant for the core (trade, investment, etc.); and functional aspects (foreign policy coordination, education, health and social development, etc.,); of integration. A tentative assessment is also made of the relevance of the current mode of integration in light of the opportunities and constraints of the international environment. The paper is divided into three sections. Section one provides a critical assessment of the implementation of the protocols and other aspects of the CSME. Section two evaluates the …
This document provides an overview of the most relevant developments in United States trade policy relating to Latin America and the Caribbean in 2003. U.S. policy continued to promote trade liberalization through advancing negotiations on multiple fronts- globally (WTO), regionally (FTAA) and bilaterally (Chile and CAFTA)- with a view that the various negotiations are mutually reinforcing and seek to create a constructive competition for liberalization among trade partners. The Trade Promotion Authority (TPA) provided an impetus to the signing and Congressional approval of bilateral free t…
1 Feb 2003, 00:00 - 14 Oct 2025, 15:32
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Publicación
This document provides an overview of the most relevant developments in United States trade policy relating to Latin America and the Caribbean in 2002. U.S. policy continued to promote trade liberalization through advancing negotiations on multiple fronts- globally (WTO), regionally (FTAA) and bilaterally or sub regionally- with a view that the various negotiations are mutually reinforcing and seek to create a constructive competition for liberalization among trade partners. The passage of Trade Promotion Authority (TPA) included in the Trade Act of August 2002 enhanced the U.S. Adminis…
1 Ago 2002, 00:00 - 14 Oct 2025, 15:34
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Publicación
Abstract
Behind the discussion on optimal exchange-rate regimes lies the need to achieve external and internal equilibrium, and thus create an appropriate macroeconomic climate for sustained growth and development. The optimality and feasibility of exchange-rate regimes in individual Latin American and Caribbean countries must take into consideration several parameters linked to microeconomics, open macroeconomics, and political economy aspects. More recently, the discussion has incorporated the regional dimension and the possibility of joining monetary unions to the set of feasible national s…
1 Nov 2001, 00:00 - 14 Oct 2025, 15:34
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Publicación
Abstract In the relatively short history of Mercosur, the countries of the region have gone through wide macroeconomic fluctuations. Macroeconomic turbulence is not a novelty for Argentina, Brazil and their partners, but it has shown different features in recent years, particularly concerning the strength and nature of regional spillovers. Despite the asymmetries in size among the economies of the area and the low starting levels of trade, the rapid growth of intra-regional commerce until the last few years, and the feeling that there was a 'mercosur component' in the intern…
1 Oct 2000, 00:00 - 14 Oct 2025, 15:20
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Publicación
Abstract The article uses the global commodity chains framework to explain the transformations in production, trade and corporate strategies that altered the global apparel industry over the past decades and changed the conditions for industrial upgrading. The apparel industry is identified as a buyer-driven commodity chain that contains three types of lead firms: retailers, marketers and branded manufacturers. As apparel production has become globally dispersed and competition between these firms has intensified, each type of lead firm has developed extensive global sourcing capabilities. Whi…
1 Ago 1999, 00:00 - 14 Oct 2025, 15:45
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Publicación
This article analyses five types of international trade based on the competitive advantages afforded to under-developed countries by their environmental resources endowment. First of all, specialization of such countries in the production of highly polluting goods and services is studied, recalling the conventional specialization in the production and export of goods making intensive use of natural resources. The commercial exploitation of the recreational services of natural parks and the exploitation of biodiversity in pharmaceutical research is then referred to. The use for profit of some e…
Abstract During the course of 1997 and 1998, the Economic Commission for Latin America and the Caribbean (ECLAC) carried out the project Comparative study of development strategies of selected East-Asian and Latin American countries with special reference to trade and industrial policies under the new international trading system . The project was designed to extract from the experiences of both regions the essence of the appropriate public policy in industrial and trade development and to identify its new role and available instruments, in conformity with the post-Uruguay Round trade reg…
8 Ene 2020, 00:00 - 14 Oct 2025, 15:32
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Publicación
This document adopts a network analysis approach to examine the vertical trade relations between Latin America and Asia, showing the potential of these techniques for providing new insights into the patterns and dynamics of countries’ GVC linkages. Particularly, network-based measures are used to assess how important countries are as users and suppliers of foreign intermediate inputs in each network, at both the aggregate and sector level. In addition, clustering techniques are applied to identify groups of supplier countries.…
1 Jun 2016, 00:00 - 14 Oct 2025, 15:36
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Publicación
U.S. economic growth disappointed in the first quarter of 2016, as global conditions continued to have an adverse impact. According to the U.S. Department of Commerce’s third estimate, the GDP grew at a 1.1% annualized pace in the first quarter, up from a previous estimate of 0.8%, and down from 1.4% in the fourth quarter of 2015. Growth was under 1.5% for the last two quarters, the worst six-month performance in nearly three years.…
In the light of the extent of global poverty and the challenge
presented by the Millennium Development Goals for its reduction, this article analyzes one of the clearest and most effective ways of reducing poverty: trade liberalization -especially agricultural trade- by the industrialized countries. 75 percent of all the poor worldwide are in the rural sector of the developing countries, and the agricultural products that these countries could sell face protectionist barriers -tariffs, nontariff measures, subsidies- imposed by the industrialized countries. This article examines the topic in de…
Regional integration has once again become an important issue for Latin America and the Caribbean. Compared with previous experiences, however, recent integration commitments have a number of new aspects in such areas as negotiating procedures, the issues involved in the various agreements -some of which are as unprecedented as the adoption of common currencies, the creation of binational companies, common labour laws, etc.- and the actual timing of these steps. Among the various integration initiatives now being pursued, four are particularly important by virtue of the relative weight of the …
21 Mayo 2019, 00:00 - 14 Oct 2025, 15:31
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Publicación
Ao comemorar os 70 anos da CEPAL, o Escritório em Brasília, com o apoio da Friedrich-Ebert-Stiftung (FES) e da Young Scholars Initiative do Institute for New Economic Thinking, convidou jovens pesquisadores brasileiros para analisar o futuro da economia do Brasil, a partir das propostas e estruturas das análises da CEPAL. Os artigos incluídos abordam desafíos e oportunidades para o desenvolvimento do país nos próximos anos a partir de temas diversos, tais como a vulnerabilidade externa, a fragilidade das finanças públicas e do Estado, a inovação e diversificação produtiva, a necessidade de pol…
Notes the existence of private technology transfer or transactions but examines in some detail the efforts of UNDP/TCDC; OAS; the Commonwealth Fund for Technical Cooperation; USAID; the Peace Corps and the International Development Research Centre, noting that they have been particularly important in both the promotion and implementation of the concept of technology transfer.
Examines in detail the types and methods of technology transfer which range from agricultural extensions to seminars and workshops.…
Inter-American economic relations underwent significant changes since the end of World War II, with the creation of hemispheric institutions, such as the Organization of American States (OAS) and the United Nations Economic Commission for Latin America (ECLA). This document examines two decades of interaction on economic affairs between the Latin American and United States governments, in the setting provided by these hemispheric institutions.…
1 Ene 2006, 00:00 - 14 Oct 2025, 15:34
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Publicación
Contents
Foreword
Regional Financial Cooperation: Experiences and Challenges, José Antonio Ocampo
Reforming the Global Financial Architecture: The Potential of Regional Institutions, Roy Culpeper
Regional Development Banks: A Comparative Perspective, Francisco Sagasti and Fernando Prada
Regional Exchange Rate Arrangements: The European Experience, Charles Wyplosz
European Financial Institutions: A Useful Inspiration for Developing Countries? Stephany Griffith-Jones, Alfred Steinherr, and Ana Tereza Fuzzo de Lima
Macroeconomic Coordination in Latin America: Does It Have a Future? J…
18 Ene 2017, 00:00 - 14 Oct 2025, 15:27
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Comunicado de prensa
La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, en una intervención en el Foro Económico Mundial que se celebra en la ciudad suiza de Davos, alentó a los países de la región y a China a cooperar en áreas clave como la infraestructura, la energía y, en especial, la agricultura, ya que el potencial regional de producción agrícola y alimentaria permitiría dar respuesta a las demandas del país asiático.
La alta funcionaria de las Naciones Unidas participó el martes 17 en la sesión titulada China’s Pivot to World Markets (El pivote de China …
23 Ene 2015, 00:00 - 14 Oct 2025, 15:21
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Comunicado de prensa
(23 de enero, 2015) La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, participó en la Reunión Anual 2015 del Foro Económico Mundial (WEF, según sus siglas en inglés) realizada en Davos, Suiza, en donde moderó una sesión de alto nivel sobre el contexto económico de América Latina y sostuvo un encuentro con autoridades y empresarios mineros de todo el mundo, entre otras actividades.
Al presidir la sesión sobre el contexto de América Latina, Bárcena resaltó que tras varios años de bonanza, los países de la región se encuentran hoy en una enc…
La División de Comercio Internacional e Integración de la CEPAL (DCII) lanzará a fines de septiembre del 2005 el libro titulado Information Technology for Development of Small and Medium-sized Exporters in Latin America and East Asia (Tecnología de la información para el desarrollo de pequeños y medianos exportadores en América Latina y Asia del Este). Este estudio proporciona una descripción de la actual condición de las TIC y de su uso para promover el comercio internacional. Se centra en las experiencias sobre el uso de las TIC por las pequeñas y medianas empresas (pymes) en las regiones…