Some considerations on the possible effects of the failure of the United States Congress to renew the ATPDEA

This brief note presents some thoughts about the possible effects of the failure to renew the Andean Trade Preferences and Drug Eradication Act (ATPDEA); and its possible expiration this coming December 31. United States President, George W. Bush, asked his country's Congress to extend the validity of the trade preferences granted to the Andean countries under the ATPDEA. That news was welcomed and applauded by the Andean countries, which hailed this measure and promptly thanked the U.S. leader for his gesture. Even so, it is evident that there are Congressmen in the United States who do …

Caribbean Outlook 3: Economic recovery and repositioning in the era of COVID-19. Policy Brief

The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on tourism. As a result, the Caribbean has seen a reversal of the hard-won gains achieved in growing their economies and reducing unemployment and inequality. The inflation stemming from pandemic supply chain disruption, which has been exacerbated by the war in Ukraine, has made the sustained uptick in economic performance beyond pre-pandemic levels unlikely, notwithstanding strong growth estimates for 2021 and 2022. The last two years have taught the region that continued ‘business as usual’ is…

Trade policy and wage inequality in Chile since the 1990s

Using the results of seven nationally and regionally representative household surveys, this study analyzes the impact of trade liberalization on wage inequality through a channel in which applied tariffs, owing to the preferential margin given under numerous preferential trade agreements, would affect industry wage premiums during the 1992-2006 period in Chile. I find the skill premiums for high-skilled workers there to have decreased, especially after 2000; this circumstance is unlike that seen in most other Latin American countries or during Chile's initial reform period. The results of…

ICT in Latin America: a microdata analysis

This book is the final report of the ECLAC-IDRC project Observatory for the Information Society in Latin American and the Caribbean OSILAC, which aims at understanding the dynamics of the ICT evolution and revolution and producing evidence on its potential to promote socio-economic development. As such, microdata analysis drawn from National Household Surveys and National Innovation Surveys in Latin America were used in the framework of the project in the attempt to reach those objectives. Both statistical information sources provide attractive potentialities in order to investigate not only d…

Ex-post evaluation of the employment effects of a preferential trade agreement: methodological issues, illustrated with a reference to Chile

This paper presents a discussion of the major methodological issues relating to some key studies assessing the employment effects of a particular PTA using different methodologies (General and Partial Equilibrium, Gravitational models, Micro simulations, Econometrics using panel data, etc.). In this line, the paper discusses an accounting model for decomposing the ex - post employment performance as related to Latin America Preferential Trade Agreements (PTAs), proposing this method to evaluate the Chile - Mexico PTA as an illustration. The paper defines a research agenda using an Employment e…

Labour market trends and implications of regional integration

Labour markets represent the backbone of economic functioning, providing the means of survival to populations, with labour income ensuring the livelihood of workers and families alike. Labour is also an essential input into production - in many cases it is the main input, especially in service sectors which are dominant sectors in the Caribbean. As such, labour markets define economic well-being: in competitive economies labour is paid its marginal product. This implies that only productive labour prospers as higher productivity implies higher earnings, which in turn allows for higher consumpt…

Productive development in open economies

Presentation The countries of the Latin American and Caribbean region have shown a keen and lasting interest in mechanisms of economic development and public policies for its promotion. This is a process in which ECLAC has been involved ever since it was founded over half a century ago. Today, the debate on these issues continues against the backdrop of a globalization process in which the remarkable dynamism of some dimensions -especially its economic, financial and cultural aspects- contrasts with the slow formation of an institutional network capable of coping with the increased interdepend…

Países llaman a revitalizar el compromiso con la Agenda 2030 y propiciar políticas y acciones renovadas y audaces para acelerar el cumplimiento de los ODS

Los países de América Latina y el Caribe instaron hoy a revitalizar el compromiso con la Agenda 2030 para el desarrollo sostenible y propiciar políticas y acciones renovadas y audaces para acelerar el paso hacia el cumplimiento de los Objetivos de Desarrollo Sostenible (ODS), durante la inauguración de la séptima reunión del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible, que se celebra hasta el jueves 18 en la sede principal de la CEPAL en Santiago, Chile. En la apertura del encuentro -que reúne a representantes de los 33 países de la región, de agencias de la…

Cuba: evolución económica durante 2006 y perspectivas para 2007

Cuba: evolución económica durante 2006 y perspectivas para 2007 ,/p Abstract: Cuba: economic evolution during 2006 and outlook for 2007 ,/p…

México: evolución económica durante 2006 y perspectivas para 2007

México: evolución económica durante 2006 y perspectivas para 2007. Abstract: Mexico: economic evolution during 2006 and outlook for 2007.…

Trade unions in the "South" in the era of globalization

This article examines the effects of globalization on the trade unionmovement in developing countries (the South );. It concludes, first, thatglobalization has been asymmetrical: much further-reaching for tradein goods than for capital flows, weak for technology transfer and verylimited in migratory flows. Second, it examines the role and economicrepercussions of labour unions. It finds that, contrary to the orthodoxview, these have little negative impact on employment but do significantlyreduce wage inequalities. In view of the shift in the South since the 1980saway from developmen…

COVID-19 Pandemic Will Lead to the Biggest Contraction in Economic Activity in the Region’s History: A -5.3% Drop in 2020

The coronavirus (COVID-19) pandemic is affecting the economies of Latin America and the Caribbean through external and domestic factors, the combined effect of which will lead to the worst contraction that the region has ever undergone, exceeding those seen in 1914 and 1930. According to the latest estimates, an average regional contraction of -5.3% is forecast for 2020, ECLAC indicated today while launching a new report. The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, presented on this Tuesday, April 21, the COVID-19 Special Rep…

Report of the twenty-ninth session of the Caribbean Development and Cooperation Committee of the Economic Commission for Latin America and the Caribbean

Central American Isthmus: economic evolution during 2005 and perspectives for 2006 (final evaluation)

1. Rasgos generales de la evolución reciente La actividad económica en el Istmo Centroamericano registró en 2005 una expansión igual a la del año anterior (4%), apenas por debajo del promedio de América Latina y el Caribe (4,3%). Excluyendo a Panamá, la tasa de crecimiento se elevó de 3,3% a 3,6%. También fue notable una menor dispersión de las tasas alrededor del promedio. Todos los países se hallan en la fase expansiva del ciclo económico, ya que se cumplieron tres años de incremento del producto interno bruto (PIB) por habitante, después del retroceso ocurrido en el bienio 2001-2002. Si …

Caribbean in Brief: an information document for Caribbean Small Island Developing States

This brief is intended to provide general information on the upcoming United Nations Ocean Conference on scaling up ocean actions based on science and innovation for the implementation of Agenda 2030 - Sustainable Development Goal 14 (SDG 14), with a view to stimulating more active, engaged participation of the Caribbean in the discussions. The United Nations Ocean Conference will be co-chaired by Kenya and Portugal, and hosted by the Government of Portugal in Lisbon, during 2021. The objective of this conference is consistent with the 2017 UN General Assembly proclamation on the Decade of Oce…

Caribbean SIDS Prepare for Johannesburg 2002 - The World Summit on Sustainable Development

Inauguración séptima reunión del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible

PALABRAS JOSÉ MANUEL SALAZAR-XIRINACHS, SECRETARIO EJECUTIVO DE LA CEPAL, EN LA INAUGURACIÓN DE LA SÉPTIMA REUNIÓN DEL FORO DE LOS PAÍSES DE AMÉRICA LATINA Y EL CARIBE SOBRE EL DESARROLLO SOSTENIBLE (Santiago, 16 de abril de 2024) Muy buenos días. Estimada Laura Fernández, Ministra de Planificación Nacional y Política Económica de Costa Rica, en su calidad de Vicepresidenta del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible. Estimada Amina Mohammed, Vicesecretaria General de las Naciones Unidas Estimado Guy Ryder, Secretario General Adjunto de Políticas …

Séptima Reunión - Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible 2024

La Séptima Reunión del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible se llevará a cabo en Santiago, del 15 al 18 de abril de 2024.…

Foro de Desarrollo Sostenible en América Latina y el Caribe: ejemplo de multilateralismo en acción

El Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible es ejemplo de multilateralismo en acción y de la capacidad de convenir voluntades, buscar acuerdos y alianzas, y avanzar en agendas comunes de cooperación, coincidieron hoy representantes de países de la región, de agencias de las Naciones Unidas y organismos regionales, multilaterales y de la sociedad civil presentes en la octava reunión de la plataforma, que finalizó este viernes 4 de abril en la sede principal de la CEPAL en Santiago de Chile. A cinco años de que se cumpla el plazo de la Agenda 2030, los…

Strategies for increasing economic resilience in the Caribbean