1 Jun 2015, 00:00 - 14 Oct 2025, 14:54
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Publicación
Dynamic Asia has overtaken the European Union as Latin America and the Caribbean’s second largest export market, after the United States. However, the region’s exports to Asia remain concentrated in few commodities involving a small number of large firms. This book explores the present and future scope for the participation of small and medium-sized enterprises (SMEs) in biregional trade and value chains and the measures that can be taken to make those chains more inclusive and sustainable. SMEs have a low direct presence in the region’s export flows and their participation in the supplier net…
2 Ene 2023, 00:00 - 14 Oct 2025, 14:54
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Publicación
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…
The entry into force of the Additional Protocol of the Framework Agreement of the Pacific Alliance in May 2016 marked an important step towards the regional integration efforts of its four members: Chile, Colombia, Mexico and Peru. In addition to promoting trade and investment linkages among its members, a core objective of the Pacific Alliance —and what distinguishes it from other regional integration efforts in Latin America— is to serve as a platform for economic and commercial integration between Latin America and Asia-Pacific. It is, therefore, of particular interest to evaluate current e…
This article begins with a brief evocation of the main features of the legacy left to us by Raúl Prebisch, not only from the strictly intellectual point of view, but also as a model of humanism. It then goes on to deal with the present situation of the world, with special emphasis on trade, and highlights the return of a war economy mentality and the instability reigning in the oil market, both of which militate against the greater investment needed in order for the world economy to grow at a satisfactory rate. It notes that in spite of all this, in the present circumstances there has neverthe…
Executive Summary
One of the major challenges facing developing countries is to attain high levels of competitiveness in all areas in order to effect the necessary transformation of their production structures. Technological development and innovation are identified as key factors in the attempt to meet this challenge. In many ways technology, in the broadest sense, has become a sine qua non for attaining and
maintaining competitiveness, which is itself considered one of the imperatives of successful industrial development. Similarly, in the Caribbean, science and technology are identified as …
Processes of adjustment and restructuring of the production sectors to a new system of macroeconomic incentives are slow, costly and more inefficient than conventional microeconomic theory would lead one to suppose. In this article, the authors explore the process of the restructuring of production of a Chilean metal products and machinery company and the way it gradually modified its operations from the 1970s onwards, adapting them to new macroeconomic and mesoeconomic signals. As is well known, in the last two decades the system off incentives and the regulatory framework for production acti…
1 Abr 1995, 00:00 - 14 Oct 2025, 14:54
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Publicación
Most studies of the region's economy say little or nothing about the status of its environment and natural resources; few references are made to the environmental quality of population centres or to fluctuations in natural resource stocks, especially of renewable resources, despite their crucial importance for the region's development options. The no more than moderate pace of the region's absorption of technical progress, the intensification of its international trade and the declining value of the region's products in the international marketplace have all brought increas…
1 Ago 2008, 00:00 - 14 Oct 2025, 14:54
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Publicación
This paper develops and tests a model of growth that emphasizesthe introduction of new exports as the main source of growth in countriesthat are well within the global technology frontier and depend for growthon adapting existing products to their economic environment. It seeks tocapture the stylized facts behind growth in countries as different as theRepublic of Korea, Taiwan Province of China, Mauritius, Finland, Chinaand Chile, all of which have relied on export diversification. The wideningof comparative advantage is thus seen as the main driver of economicgrowth. The export diversificatio…
1 Abr 2004, 00:00 - 14 Oct 2025, 14:54
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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…
1 Ago 1999, 00:00 - 14 Oct 2025, 14:54
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Publicación
This article seeks to rethink the conceptual framework for the formulation of industrial policy in the conditions currently being faced by most of the more industrialized countries of the region; it may be noted that the debate has very similar features in the economies at an intermediate level of industrial development too. The authors review the different theories on government intervention (section II); and the industrial policy arguments (section III);. They then consider the situation of the developing countries, taking a structuralist view (section IV); and the interaction of the macro- …
1 Ago 1999, 00:00 - 14 Oct 2025, 14:54
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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…
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…
1 Abr 2001, 00:00 - 14 Oct 2025, 14:54
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Publicación
This article analyses the relations between the international specialization pattern and growth. For this purpose, it adopts as its analytical framework the recent literature emphasizing the importance of initial conditions and public policies, and not only factor endowment. It also analyses the empirical and economic policy implications of this approach. After an introduction (section I);, section II presents the analytical framework: a model with two internationally tradeable goods sectors and a non-tradeable inputs sector, with increasing returns to scale and dynamic pecuniary externalities…
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 …
31 Ene 2018, 00:00 - 14 Oct 2025, 14:54
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Publicación
This study is intended to be exploratory in nature. It seeks a better understanding of i) how the OMU cluster emerged; ii) the characteristics of the offshore medical universities in the Caribbean cluster; iii) the contribution of the offshore medical universities to the economy of the host Caribbean countries; and iv) the prospects for enhancing the educational quality, and value added captured by the Caribbean in the medical value chain.…
23 Dic 2024, 00:00 - 14 Oct 2025, 14:54
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Nota informativa
Representantes de la Comisión Económica para América Latina y el Caribe (CEPAL), la Cooperación Alemana, la Comisión Europea y expertos internacionales se reunieron en el evento Raw Materials for a Just Transition in Latin America and the Caribbean en Bruselas, Bélgica, para discutir estrategias de cooperación bi-regional que promuevan cadenas de valor inclusivas y sostenibles en minerales críticos, destacando las perspectivas y experiencias exitosas de colaboración facilitadas por la CEPAL entre América Latina y el Caribe y Europa en la transición energética global.…
8 - 09 Nov
2019, 21:35 - 14:00
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Evento (Reuniones y seminarios técnicos)
En el Marco de la IX Reunión de Ministros de Relaciones Exteriores del Foro de Cooperación América Latina-Asia del Este (FOCALE) celebrada en República Dominicana, el 9 de noviembre de 2019, la Comisión Económica para América Latina (CEPAL), y la Comisión Económica y Social para Asia y el Pacífico (ESCAP), presentaron avances de los principales resultados de los Proyectos: “Desarrollo de Cadenas de Valor para una Integración más Profunda entre América Latina y Asia Pacífico”, y “Reducción de la desigualdad en los Países miembros del FOCALAE: formulación de políticas innovadoras que no de…
15 Sep 2025, 00:00 - 14 Oct 2025, 14:48
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Nota informativa
La Comisión Económica para América Latina y el Caribe (CEPAL), a través de su División de Recursos Naturales (DRN), y la Corporación de Fomento de la Producción (CORFO) realizaron el Segundo Taller Presencial de Intercambio de Experiencias y Conocimientos y la Gira Técnica del Foro Permanente de Diálogo Técnico sobre Innovación, Desarrollo Tecnológico y Agregación de Valor al Litio. El evento, que tuvo lugar los días 26 y 27 de agosto de 2025 en Santiago, reunió a delegaciones de Argentina, Bolivia, Brasil, Chile y México.…
6 Mayo 2025, 00:00 - 14 Oct 2025, 14:54
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Nota informativa
En el contexto de la Octava Reunión del Foro de Desarrollo Sostenible 2025, la Comisión Económica para América Latina y el Caribe (CEPAL), en colaboración con la estrategia Global Gateway de la Unión Europea y la GIZ, organizó el evento paralelo titulado “Minerales estratégicos para una transición justa en América Latina y el Caribe”. El propósito del encuentro fue fomentar el diálogo sobre las oportunidades y desafíos relacionados con prácticas mineras responsables que promuevan el desarrollo sostenible en los países de la región y de la UE.…
21 Ago 2020, 00:00 - 14 Oct 2025, 14:54
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Publicación
El Boletín de Comercio Exterior del MERCOSUR analiza la dinámica comercial del Mercado Común del Sur desde una perspectiva estructural. Se trata de una publicación anual de la Comisión Económica para América Latina y el Caribe (CEPAL), elaborada en forma conjunta por las oficinas de la CEPAL en Brasilia, Buenos Aires y Montevideo, en coordinación con la División de Comercio Internacional e Integración y bajo la supervisión de la Oficina de la Secretaria Ejecutiva de la Comisión. El Boletín cuenta con el apoyo del Mecanismo Regional para el Desarrollo en Transición (Regional Facility for Develo…