Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) José Manuel Salazar-Xirinachs insists that the Caribbean “must be an active architect, not merely a beneficiary of new development models.” Speaking at the meeting of the Monitoring Committee of the Caribbean Development and Cooperation Committee (CDCC), he made the point that development strategies in the Caribbean must be mission-oriented and must crosscut climate, finance, technology and social inclusion.
ES Salazar-Xirinachs was tackling the theme: Unlocking Caribbean Potential – Enhan…
In the last 35 years, Poland has gone from being a developing country to consolidating itself as a developed nation, and from a centrally planned economy to a fully market economy, Wojciech Zajączkowski, Undersecretary of State at the Ministry of Foreign Affairs of Poland, stressed today in a keynote lecture he delivered at the main headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
The diplomat gave a lecture entitled “The Polish transformation model” in which he analyzed his country’s development over the last three decades, reflected on t…
En los últimos 35 años, Polonia ha transitado de ser un país en vías de desarrollo a consolidarse como una nación desarrollada, y de una economía centralmente planificada a una plenamente de mercado, destacó hoy Wojciech Zajączkowski, Subsecretario de Estado del Ministerio de Relaciones Exteriores de Polonia, durante una conferencia magistral dictada en la sede principal de la Comisión Económica para América Latina y el Caribe (CEPAL) en Santiago, Chile.
El diplomático presentó la conferencia titulada “El modelo polaco de transformación”, en la que examinó el desarrollo de su país d…
Latin American and Caribbean international bond issuance totalled US$ 161 billion in the first nine months of 2025, 32% higher than the full-year total for 2024 and the highest amount on record. The average coupon rate of 6.6%, compared with 7.1% in 2024, points to easing external financing costs. The market remained open to high-yield issuers, though investment-grade borrowers accounted for 64% of total issuance.
While overall issuance reached new highs, green, social, sustainability and sustainability-linked (GSSS) bond issuance moved in the opposite direction. The region issued US$ 14.05 bi…
Embajadores y representantes oficiales de los países miembros de la Comisión Económica para América Latina y el Caribe (CEPAL) reafirmaron hoy su compromiso con el fortalecimiento del multilateralismo y reconocieron el papel indispensable de las Comisiones Regionales de las Naciones Unidas -entre ellas la CEPAL- como motores para la implementación de la Agenda 2030 para el Desarrollo Sostenible, durante el Trigésimo octavo período de sesiones del Comité Plenario de la Comisión.
Reunidos en la sede de las Naciones Unidas en Nueva York, las autoridades presentes revisaron el informe de acti…
Ambassadors and other official representatives of the member countries of the Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed their commitment today to strengthening multilateralism and recognized the vital role of the United Nations Regional Commissions – including ECLAC – as engines for implementing the 2030 Agenda for Sustainable Development, during the thirty-eighth session of the Commission’s Committee of the Whole.
Gathered at the United Nations headquarters in New York, the participating authorities reviewed the report on ECLAC’s activities in 2024 and li…
The Economic Commission for Latin America and the Caribbean (ECLAC) updated its growth projections for the region, estimating that Gross Domestic Product (GDP) will rise 2.4% in 2025 and 2.3% in 2026. The new estimate for 2025 represents an upward revision from the 2.2% forecast in the Economic Survey of Latin America and the Caribbean 2025, published on August 5. This is the second upward revision since April, when the outlook for regional growth was 2.0%. With this update, the expectation for regional growth is identical to the figure presented in December 2024 (2.4%).
In a press releas…
La Comisión Económica para América Latina y el Caribe (CEPAL) actualizó sus proyecciones de crecimiento para la región y estima que el producto interno bruto (PIB) aumentará 2,4% en 2025 y 2,3% en 2026. La nueva estimación para 2025 representa una revisión al alza respecto al 2,2% previsto en el Estudio Económico de América Latina y el Caribe 2025, publicado el 5 de agosto pasado. Esta sería la segunda revisión al alza desde abril, cuando la previsión del crecimiento regional fue de 2,0%. Con esta actualización, la expectativa del crecimiento regional es igual a la presentada en diciembre…
A Comissão Econômica para a América Latina e o Caribe (CEPAL) atualizou suas projeções de crescimento para a região e estima que o produto interno bruto (PIB) aumentará 2,4% em 2025 e 2,3% em 2026.A nova estimativa para 2025 representa uma revisão para cima em relação aos 2,2% previstos no Estudo Econômico da América Latina e do Caribe 2025, publicado em 5 de agosto passado. Esta seria a segunda revisão para cima desde abril, quando a previsão de crescimento regional era de 2,0%. Com essa atualização, a expectativa de crescimento regional volta ao mesmo nível apresentado em dezembro de 20…
In 2024, the United States economy expanded 2.8%, led by consumer spending. Job creation slowed and the unemployment rate edged up to 4.1% in December. Inflation eased to 2.4% in September but closed the year at 2.9%, with the core consumer price index (CPI) at 3.2%. The Federal Reserve cut rates in September, November and December, lowering the federal funds target range to 4.25%–4.50%, while trade and fiscal deficits widened.
In the first half of 2025, GDP growth averaged 1.4%, with a contraction of 0.3% in the first quarter and an uptick of 3.3% in the second. From January to July, the eco…
Caribbean countries must be able to make the connection between climate finance and sustainable development to receive much-needed funding for climate resilience, mitigation, and adaptation. That is the view of ECLAC Caribbean consultant Cathal Healy-Singh, on how Caribbean SIDS (Small Island Developing States) can tackle what has emerged as one of their main development challenges.…
Los países de América Latina y el Caribe enfrentan la urgente necesidad de acelerar la movilización de recursos para el desarrollo a fin de evitar una nueva década perdida, en un contexto internacional complejo y poco favorable. En esta edición del Estudio Económico de América Latina y el Caribe se sintetizan los principales mensajes que llevó la Comisión Económica para América Latina y el Caribe (CEPAL) —acompañando a los países de la región— a la Cuarta Conferencia Internacional sobre la Financiación para el Desarrollo, celebrada recientemente en Sevilla (España) en 2025.
En este Estudio se…
The countries of Latin America and the Caribbean must urgently step up resource mobilization for development to avoid a third lost decade, amid a challenging and grim global landscape. This edition of the Economic Survey for Latin America and the Caribbean summarizes the key messages presented by the Economic Commission for Latin America and the Caribbean (ECLAC) —along with the countries of the region— at the Fourth International Conference on Financing for Development, held in Seville, Spain, in 2025.
This Economic Survey analyses three key dimensions of resource mobilization: fiscal and str…