Seminario Internacional de UNASUR "De la Integración Política a la Integración Económica y Financiera". Panel: América Latina, la institucionalidad regional y los foros internacionales: la UNASUR, el G-20, el G-24, el G-77, el G-192

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

Potential output in Latin America: a standard approach for the 1950-2002 period

(*) This document was prepared by André A. Hofman of the Economic Projections Center of the Statistics Division, and Heriberto Tapia research assistant in the office of the Executive Secretary of 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.. Abstract Potential output estimates are becoming increasingly important in policy design in Latin America (ECLAC, 2002) and the objective of this paper is to make a methodological contribution to this field of work…

Why is the Debate on Commodities so Crucial for Latin America?

Distributional impacts of low for long interest rates

This paper asks whether tepid inflation in Canada since the financial crisis can in part be explained by the effects of monetary policy on inequality. Using different structural vector autoregression models we show that expansionary monetary policy post-crisis has offset otherwise falling inequality through the shifting of resources away from lower-income individuals, which in general have higher marginal propensities to consume. As a result, aggregate demand has not risen as much as it otherwise would have, leading to a more muted inflationary response. Our results suggest that failure to acc…

Whither reform? Towards a new agenda for Latin America

The article outlines a new agenda for reform that focuses on what Latin American countries can do given the current international regime, and identifies the failings of the earlier reform agenda: i); the reforms increased countries' exposure to risk without increasing their capacity to cope with it; ii); the macroeconomic reforms were unbalanced; iii); the reforms pushed privatization and measures for strengthening the private sector, but placed too little weight on improving the public sector. The article further argues in favour of formulating a set of economic policies that reflect a b…

Agricultura brasileira: da porteira para dentro e de fora para o mundo

Agricultura Brasileira: da porteira para dentro e de fora para o mundo é um livro que reúne quinze estudos, abordando temas como produção, competitividade, produtividade, infraestrutura, inflação, comércio exterior, política cambial, sustentabilidade, crédito, gastos públicos e políticas de fomento setorial. A coletânea de textos foi cuidadosamente selecionada, originando-se dos produtos entregues no âmbito do Programa Executivo de Cooperação entre a CEPAL e o Ipea, além de incluir outros textos pertinentes à discussão proposta. Os estudos presentes nesta coletânea visam estimular novas reflex…