Revista CEPAL no. 136

Essential elements of the ECLAC Caribbean Resilience Fund : a segregated portfolio trust fund. Policy Brief

Declining economic growth and competitiveness, the impact of the 2007–2009 global financial crisis, and the challenge of climate change and extreme weather events have hindered the sustainable development of Caribbean economies, the generation of sustained welfare gains and the achievement of key Sustainable Development Goals (SDGs). Moreover, the COVID-19 pandemic has exacerbated the subregion’s vulnerability to the vagaries of global aggregate demand and commodity prices, which have largely driven the subregion’s debt upwards and dampened economic growth before its onset, compromising its ec…

Latin American Economic Outlook 2021: Working together for a better recovery

The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy‑making process. Moreover, it stresses the need to promote sustainable and adapted macro‑economic frameworks to finance…

CEPAL Review no. 135

Revista CEPAL no. 135

Draft programme of work of the ECLAC system, 2023

The draft programme of work of the Economic Commission for Latin America and the Caribbean (ECLAC) for 2023 is hereby submitted to the member States of the Commission for their consideration. It highlights the priorities for 2023 that will be considered by the Committee for Programme and Coordination (CPC) and the United Nations General Assembly as part of the intergovernmental reviewing exercise. The overall purpose of the programme is to promote the economic, social and environmentally sustainable development of Latin America and the Caribbean through international cooperation, by undertakin…

Proyecto de programa de trabajo del sistema de la CEPAL, 2023

La Secretaría presenta a la consideración de los Estados miembros de la Comisión Económica para América Latina y el Caribe (CEPAL) el proyecto de programa de trabajo de la Comisión para 2023. En él se destacan las prioridades para 2023, que serán examinadas por el Comité del Programa y de la Coordinación (CPC) y por la Asamblea General de las Naciones Unidas como parte del ejercicio de revisión intergubernamental. El objetivo general del programa es promover el desarrollo económico, social y ambientalmente sostenible de América Latina y el Caribe a través de la cooperación internacional, media…

CEPAL Review no. 134

Revista CEPAL no. 134

O Investimento Estrangeiro Direto na América Latina e no Caribe 2021. Resumo executivo

Em um contexto de grave crise sanitária, econômica e social gerada pela pandemia da COVID-19, a América Latina e o Caribe receberam 105,48 bilhões de dólares de investimento estrangeiro direto em 2020, 34,7% a menos que em 2019, 51% a menos que o recorde histórico alcançado em 2012 e o menor valor desde 2010. Em âmbito mundial, os valores de investimento estrangeiro direto (IED) caíram 35% em 2020, atingindo aproximadamente 1 trilhão de dólares, o que representa o valor mais baixo desde 2005. América Latina e Caribe está em tendência de queda desde 2013, o que tem deixado em evidência a relaçã…

Foreign Direct Investment in Latin America and the Caribbean 2021

This document examines the global and regional evolution of FDI and offers recommendations so these flows can contribute to the region’s productive development processes. The first chapter of the publication analyzes, among other things, the trends observed in the context of the international crisis prompted by the COVID-19 pandemic, detailing the amount of Foreign Direct Investment (FDI) received by each country in 2020 and providing a regional projection for 2021. The second chapter offers a historic and current overview of China’s investments in Latin America and the Caribbean, placing thes…

Foreign Direct Investment in Latin America and the Caribbean 2021

Este informe anual de la CEPAL examina la evolución mundial y regional de la Inversión Extranjera Directa (IED) y plantea recomendaciones para que estos flujos contribuyan a los procesos de desarrollo productivo de la región. En el primer capítulo de la publicación se analizan, entre otras cosas, las tendencias observadas en un contexto de crisis internacional generada por la pandemia de COVID-19, se detallan los montos de IED recibidos por cada país en 2020 y se hace una proyección regional para 2021. En el segundo capítulo se brinda un panorama histórico y actual de las inversiones de China…

Economic Reactivation Needs Productive, Fiscal and Institutional Structural Reforms to Move Towards an Inclusive and Sustainable Development Pattern in Latin America and the Caribbean

The region of Latin America and the Caribbean has been the most affected by the COVID-19 pandemic, and the most harmed in economic and social terms. This is due to longstanding structural factors that have portended its dysfunctional development pattern. That is why the economic reactivation must pursue, at the same time, significant productive, fiscal and institutional structural reforms, in order to move forward on configuring a new, inclusive and sustainable development pattern. So stated Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECL…

Reactivación económica necesita reformas estructurales productivas, fiscales e institucionales, para avanzar hacia un estilo de desarrollo inclusivo y sostenible en América Latina y el Caribe

La región de América Latina y el Caribe ha sido la más afectada por la pandemia del COVID-19 y también la más dañada en términos económicos y sociales. Esto se debe a factores estructurales de larga data que han prefigurado su disfuncional estilo de desarrollo. Por ello, la reactivación económica deberá cursar, a la par, significativas reformas estructurales productivas, fiscales e institucionales, para avanzar en la configuración de un nuevo estilo de desarrollo inclusivo y sostenible. Así lo señalan Alicia Bárcena, Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe…

A reativação econômica precisa de reformas estruturais, fiscais e institucionais produtivas para avançar em direção a um estilo de desenvolvimento inclusivo e sustentável na América Latina e no Caribe

A região da América Latina e do Caribe foi a mais afetada pela pandemia de COVID-19 e também a mais prejudicada em termos econômicos e sociais. Isso se deve a fatores estruturais de longa data que prefiguraram seu estilo disfuncional de desenvolvimento. Por isso, a reativação econômica deverá, ao mesmo tempo, passar por significativas reformas estruturais produtivas, fiscais e institucionais para avançar na configuração de um novo estilo de desenvolvimento inclusivo e sustentável. É o que assinalam Alicia Bárcena, Secretária Executiva da Comissão Econômica para a América Latina e o Caribe (CEP…

CEPAL Review Will Launch a New Special Edition on COVID-19 and the Socioeconomic Crisis in Latin America and the Caribbean

LIVE BROADCAST (Simultaneous interpretation will be provided). With the aim of contributing to broadening and deepening discussions regarding the global crisis and its effects on and prospects for recovery in Latin America and the Caribbean, the CEPAL Review has edited a special issue on the COVID-19 pandemic, which will be unveiled next Thursday, April 29, during a webinar that will include a virtual dialogue with authors of the articles to be published in this distinctive edition. The event entitled “COVID-19 and the socioeconomic crisis in Latin America and the Caribbean” will take pl…

Revista CEPAL lanzará nueva edición especial sobre el COVID-19 y la crisis socioeconómica en América Latina y el Caribe

TRANSMISIÓN EN VIVO. Con el fin de contribuir a ampliar y profundizar los debates en torno a la crisis mundial y los efectos y perspectivas de recuperación en América Latina y el Caribe, la Revista CEPAL ha editado un número especial referido a la pandemia de COVID-19, que será dado a conocer el próximo jueves 29 de abril en un webinario que incluirá un diálogo virtual con autores de los artículos que se publicarán en esta edición extraordinaria. El evento titulado “El COVID-19 y la crisis socioeconómica en América Latina y el Caribe” se efectuará a las 10:00 a.m. de Chile (GMT -4) y estará e…

ECLAC’s School of Latin American Development Studies Began Accepting Applications for its Study Program on Latin American Economies

The School of Latin American Development Studies (ELADES) of the Economic Commission for Latin America and the Caribbean (ECLAC) launched the application period for the twenty-second edition of its Study Program on Latin American Economies, which each year brings together young researchers, graduates and/or postgraduates interested in studying the Latin American development process. Registration is online and will be open until April 30, 2021. The list of people selected to participate will be published on the ELADES website on May 7. Classes will take place virtually between July 14 and Septe…

Escuela Latinoamericana de Estudios del Desarrollo de la CEPAL abrió postulaciones para su Programa de estudios sobre economías latinoamericanas

La Escuela Latinoamericana de Estudios del Desarrollo (ELADES) de la Comisión Económica para América Latina y el Caribe (CEPAL) dio inicio al período de postulaciones a la vigésimo segunda edición de su Programa de estudios sobre economías latinoamericanas, que anualmente convoca a jóvenes investigadores, graduados y/o posgraduados interesados en estudiar el proceso de desarrollo latinoamericano. Las inscripciones son en línea y estarán abiertas hasta el 30 de abril de 2021. La lista de personas seleccionadas se publicará en el sitio web de la ELADES el 7 de mayo. Las clases se realizarán entr…

Foreign Direct Investment in Latin America and the Caribbean 2020

The decade ending in 2019 saw the highest ever foreign direct investment (FDI) inflows to Latin America and the Caribbean, which reached their peak in 2012. Since then, foreign investment inflows have declined steadily, bringing into focus, especially in South American countries, the relationship between FDI flows, the macroeconomic cycle and commodity price cycles in the region. In 2019, Latin America and the Caribbean received US$ 160.721 billion in FDI, 7.8% less than in 2018, a decline that is seen intensifying sharply in 2020 when inflows are forecast to drop by between 45% and 55% as a r…