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

Esta edición de Perspectivas económicas de América Latina: Avanzando juntos hacia una mejor recuperación analiza y ofrece recomendaciones de política pública para una recuperación fuerte, inclusiva y sostenible en la región. El informe explora las acciones necesarias para mejorar los mecanismos de protección social y promover la inclusión social, fomentar la integración regional y fortalecer las estrategias industriales, y repensar el contrato social para restaurar la confianza y empoderar a los ciudadanos en todas las etapas del proceso de elaboración de políticas públicas. Además, resalta la…

The United States subprime crisis and its implications for the Caribbean

Handbook for estimating the socio-economic and environmental effects of disasters

ECLAC presents cases of transformative investments for a sustainable economy in Brazil

On May 26th, the ECLAC office in Brasilia, together with the Brazilian Global Compact Network, held a webinar about the Big Push for Sustainability , in which more than 60 case studies of investments for sustainable development in Brazil were presented.…

Breeding Latin American tigers: operational principles for rehabilitating industrial policies

This book is motivated by the emerging rehabilitation of industrial policies as a tool for supporting economic transformation and high rates of growth in developing countries. It argues that underperforming disciples of the Washington Consensus 'market fundamentalism' should learn and practice the art of systemic industrial policies, which requires a medium-long term strategic perspective and intelligent proactive state interventions in markets. However, it also stresses that rehabilitation requires that industrial policies be developed and implemented in a context of home- grown pub…

La CEPAL, la OCDE y la Escuela de Economía de París organizan Foro sobre América Latina y Europa

(19 de mayo, 2014) El Secretario General de la Organización para la Cooperación y el Desarrollo Económicos (OCDE), Ángel Gurría, abrirá el Segundo Foro Económico Europa-América Latina el día 20 de mayo en París. Estará acompañado en la inauguración por la Secretaria Ejecutiva de CEPAL, Alicia Bárcena, y por el Director de la Escuela de Economía de París, Pierre-Yves Geoffard. La reunión, que durará dos días, está coorganizada por la Comisión Económica para América Latina y el Caribe (CEPAL) y por la Escuela de Economía de París (PSE por sus siglas en inglés) y pretende impulsar el diálogo acer…

Observatory of customs controls for United States imports: technical standards

Global antidumping activity peaked in 2001, with 366 petitions initiated world-wide, and rapidly diminished to just 163 cases in 2007. With the onset of the current major world-wide recession some observers feared that antidumping usage would climb dramatically; however while antidumping activity was up by 28% in 2008 (to 208 cases initiated, according to WTO statistics), the rise was not nearly commensurate with the financial distress, and new antidumping initiations for the first three quarters of 2009 -at 154 cases- are on pace to show little change for the full year compared to the previou…

ILPES: an alternative model for the formulation of recovery strategies

Globalization of financial markets: implications for the Caribbean

Introduction Globalization can be defined in terms of the internationalization of production [Goode, 1998, p.125], or in terms of the internationalization of markets [Lloyd, 1998, p. 163]. The former recognizes the fact that even relatively minor products are frequently found to be made with components from several countries. The latter, on the other hand, recognizes that the cross border flows of the products themselves have increased tremendously over the last two decades. This is particularly true in the case of international financial services. This report examines the globalizati…

Economic growth with equity: challenges for Latin America

The publication of this book was made possible by the contributions of the Ford Foundation and the German Federal Ministry for Economic Cooperation and Development (BMZ). The funds of the latter institution are managed by the Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ). This is an ECLAC and Palgrave Macmillan copublication. Preface From time to time, Latin American countries experience growth spurts, like in the period 2004-05, when the region achieved the highest biennial growth rate of the past 25 years. However, sustained growth has been elusive in the last quarter …

Macroeconomic cooperation for uncertain times: the REDIMA experience

This book shows how international policy cooperation can be beneficial even in the absence of strong real transmission channels between countries. “Cooperation for learning”, the approach to cooperation we present, works by allowing policymakers to exchange experiences and jointly learn how to address regular common policymaking challenges posed by different types of uncertainty. Such cooperation is based on the establishment of links between policymakers and other institutions. International organizations like the United Nations can nurture and support such learning networks. In Latin America…

Foro "América Latina ante la crisis: problemas presentes y desafíos futuros"

An integrated macro-model for the Caribbean subregion

This article seeks to calculate a simple integrated macroeconomic model for the Caribbean subregion. Using a homogeneous data series covering the period from 1980 to 1991 for a sample of 12 countries of the subregion and a relatively simple model with non-conflicting specifications of structural relations, a representative and systematic group of estimates is generated for a given set of parameters, with grouped and individual calculations for the countries.…

La OCDE acogerá en París un foro sobre América Latina y Europa

El Secretario General de la Organización para la Cooperación y el Desarrollo Económicos (OCDE), Ángel Gurría, abrirá el Segundo Foro Económico Europa-América Latina el día 20 de mayo en París junto a la Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, y al Director de la Escuela de Economía de París, Pierre-Yves Geoffard.. La reunión, que durará dos días, está coorganizada por la CEPAL y por la Escuela de Economía de París (PSE por sus siglas en inglés) y pretende impulsar el diálogo acerca de los desafíos en el desarrollo que afrontan…

Water governance for development and sustainability

Abstract This document aims to identify characteristics of water institutions which promote the sustainable integration of water, both as a resource and as service, into socioeconomic development. As this does not depend only on formal institutional factors, such as legislation and organizational structure, there are also references to dynamic conditions, such as socioeconomic circumstances and the quality of the administration, summarized in the concept of governance, understood as the capability of a social system to mobilize energies, in a coherent manner, for the sustainable development of…

The Time for Latin America

Read op-ed by ECLAC Executive Secretary, Alicia Bárcena…

Macroeconomic policies for growth

This article analyses the interrelation between the macroeconomic framework and growth. After reviewing the recent macroeconomic environment, highlighting progress and shortcomings, it focuses on the implications of the existence of gaps between production capacity and its degree of utilization or effective demand; the way in which persistent disparities in this respect affect the speed of expansion of the production frontier is illustrated by examples from the 1980s and 1990s. It then reviews economic policies that affect the degree of proximity between the production frontier and effective d…

ECLAC will Present in Chile Its Latest Economic Report on Latin American and Caribbean's Countries

The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Thursday, December 14 its Preliminary Overview of the Economies of Latin America and the Caribbean 2017, in which it will update its growth estimates for the region’s countries in the present year and projections for 2018. The report will be presented by Alicia Bárcena, ECLAC’s Executive Secretary, in a press conference at the Commission’s headquarters in Santiago, Chile, at 11:00 a.m. local time (UTC/GMT -3:00). The event will also be broadcast live on the Internet via the institution’s Web site. The 2017 edit…

Economy of Latin America and the Caribbean to Grow Around 1% in 2015, According to ECLAC’s Latest Forecast

The Economic Commission for Latin America and the Caribbean (ECLAC) has revised downward its economic growth projection for the region in 2015, forecasting a 1.0% increase in the regional Gross Domestic Product (GDP), the United Nations organization said today in a press release. This revision reflects a global environment characterized by less economic dynamism than what was expected at the end of 2014. With the exception of the United States, industrialized countries have revised their growth estimates downward, and emerging economies continue to decelerate. The region is expected to keep ec…