Financial liberalization and deregulation have made the world increasingly interconnected, interdependent, but also richer and much more unequal, affirmed Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) at the forum on New Forms of Solidarity Towards Fraternal Inclusion, Integration and Innovation, organized by the Pontifical Academy of Social Sciences in Vatican City.
The United Nations high official participated in the high-level panel on Transforming the Rules of the International Financial Architecture: Economic and Financia…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, reinforced today her call to promote structural change for equality and environmental sustainability in the region and urged for creating new social compacts and reworking the conversation between the State, the market and society.
The senior United Nations official and Doctor Honoris Causa of the National Autonomous University of Mexico (UNAM) gave a keynote lecture today at that educational institution’s School of Economics, entitled “Change of era and a new development model: The …
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, was received on Friday, January 15, by Guatemalan President Jimmy Morales, who took office this week and with whom she spoke about the challenges facing the Central American country in terms of maintaining current growth, of about 4%, and achieving greater levels of equality and social inclusion.
On Thursday, January 14, the most senior official from this United Nations regional organization—accompanied by the Director of ECLAC’s Subregional Headquarters in Mexico, Hugo Beteta—was pr…
This report tracks the development of the Industrial Strategy of the United Kingdom, from its publication in 2017 through to the period following the coronavirus disease (COVID-19) pandemic. Using information from official policy documents, grey literature and academic publications —as well as conversations with experts— this document provides an overview of the Strategy’s rationales and objectives and of the instruments adopted under it. The report also discusses implementation challenges and presents lessons for the future design and implementation of industrial strategies. Following the wit…
Convened by ECLAC Caribbean, and hosted by the Government of Suriname, the CDR was officially opened by the outgoing Chair, Minister of Foreign Affairs, Saint Vincent and the Grenadines, Keisal Peters. The meeting was held at the Royal Torarica Hotel, in Paramaribo, Suriname.
The Roundtable, Minister Peters said, was conceived as a forum to discuss critical issues that pose fundamental challenge to development in the Caribbean, and to explore solutions that will ultimately support inclusive growth and better living standards for our people, while protecting our environment. Reflecting …
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, emphasized today in Davos, Switzerland the key role of public, private and foreign direct investment for bolstering productive diversification, infrastructure, and the integration of countries in the region.
In the context of her participation in the annual meeting of the World Economic Forum (WEF), the senior United Nations official spoke at a session entitled Strategic Outlook: Emerging Markets on the outlook for emerging markets in 2020, where she presented an economic and social …
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, called today for rethinking the economic model and implementing a new paradigm that contributes to putting an end to economic, social and environmental inequalities and moving toward sustainable development.
The senior United Nations official participated in the high-level event entitled “Fractures in globalization and their implications for emerging economies,” held in Mexico City in the framework of the eighteenth World Congress of the International Economic Association (IEA), orga…
Permanent Secretary of the Ministry of Health in Antigua and Barbuda, Mr. Walter Christopher, emphasized the value and potential of the techniques imparted to bolster the efficiency of the budgeting exercise. He was attending the high level briefing seminar following a week-long training workshop hosted by the ECLAC subregional headquarters for the Caribbean.
The objective of the workshop was to build the capacity of public officials to conduct Public Expenditure Reviews (PERs) with appropriate applications for their respective sectors. The initiative complemented the recently launched ECLAC d…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, concluded this Friday, June 21, a two-day visit to Spain, where she participated in two high-level events and held bilateral meetings with government authorities and officials from international cooperation bodies.
During these activities, the senior United Nations official insisted on the necessity of carrying out a new, inclusive cooperation model in which middle income countries can fully participate.
On Thursday, June 20, Bárcena led the presentation of the report Latin American …
The Prime Minister of Trinidad and Tobago, Keith Rowley, visited today the central headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, where he was received by its Executive Secretary, Alicia Bárcena. During the meeting, both officials agreed to increase bilateral cooperation and technical assistance, especially with regard to the economy and energy.
Prime Minister Rowley, who is in Chile on an official visit, was accompanied by a delegation made up of the ministers of Foreign Affairs, Industry and Trade, Energy and Energy Industries, and the…
A recent training workshop facilitated by the Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean has “opened the eyes” of the Ministry of Finance of Saint Kitts and Nevis on how budgeting can be done “better”, according to Mr. Calvin Edwards, Deputy Financial Secretary in the Ministry of Finance. The objective of the workshop was to build the capacity of public officials to conduct Public Expenditure Reviews (PERs) with applications to their respective sectors.
PERs are intended to align expenditures with government’s pri…
The 29th session of the Caribbean Development and Cooperation Committee (CDCC) concluded on 14 October in Paramaribo, Suriname. Some of the most urgent and challenging issues facing the Caribbean were discussed at this meeting, inspiring a commitment to strategic action-oriented follow-up, to assure more dynamic sustainable development process.
Convened by ECLAC Caribbean, the CDCC meeting is held every two years and gathers Caribbean Prime Ministers, Ministers and distinguished government officials, with a focus on strengthening their countries’ institutional and technical capacities to impr…
Twenty Government officials from Belize benefited from a one week workshop to build capacity in Conducting Public Expenditure Reviews (PERs), focusing on Applications for Education, Health, Agriculture and Social Protection. PERs are intended to align expenditures with government’s priorities. They are also intended to provide savings, either from expenditure reallocation or by reducing unproductive expenditures. In addition they improve fiscal management and can provide fiscal space especially when a country is experiencing high debt levels.
The workshop conducted by ECLAC Caribbean, wh…
The report provides an overview of the economic performance for 2017 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight Member States of the Eastern Caribbean Currency Union (ECCU), and the outlook for 2018. Data were collected from a review of reports from subregional institutions as well as national governments and interviews with government officials in each of the countries examined.…
The Economic Commission for Latin America and the Caribbean (ECLAC) has provided a “strong answer” to what senior public officials across the Caribbean have been searching for in order to improve the budgeting process of public administrations, according to the participants of a week-long regional training workshop that provided officials with robust tools and techniques necessary for more effective management of public finances.
Public Expenditure Reviews (PERs) are intended to align public sector expenditure with the priorities of national governments. They also promote increased savings, ei…
Official statistics are an indispensable public good for the proper functioning of societies and democracy, according to the representatives of Latin American and Caribbean countries gathered at the Twelfth Meeting of the Statistical Conference of the Americas, which is taking place through Thursday, September 28 at the main headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
Starting today, the intergovernmental meeting – which is the main forum for discussing the development of statistics in the region – has convened authorities from Nation…