Treasury, Economy and Finance ministers and high-level officials from 16 of the region’s countries approved the instrument establishing governance of the Regional Tax Cooperation Platform for Latin America and the Caribbean, which is the main outcome of the First Latin American and Caribbean Summit for an Inclusive, Sustainable and Equitable Global Tax Order, taking place in Cartagena, Colombia through tomorrow, July 28.
So indicates the joint declaration (“Cartagena de Indias Declaration”) signed today in the framework of the event, which drew government authorities, political leaders, repres…
(12 June 2013) Investment in education, science, technology and infrastructure, along with improvements to the budgetary framework and better tax evasion controls, are key to raising the level of tax revenues in the region's countries, according to Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), speaking today in Mexico City.
The senior United Nations official was one of the main speakers at the International Seminar on Tax Policy: Challenges and Trends, organized by the Centre of Public Finance Studies (CEFP) of the Mexican Chamber o…
(10 November 2010) The urgent need to close equality gaps in Latin America and the Caribbean should be complemented by the imperative of attaining low-carbon sustainable development, stated ECLAC Executive Secretary Alicia Bárcena today in Germany.
The high-ranking United Nations official participated in the Latin American and the Caribbean-European Union Forum (LAC-EU): Fiscal Policy and an Environmentally Sustainable Economy in the Context of Climate Change taking place in Berlin. The event was convened by the Federal Ministry of Economic Cooperation and Development (BMZ) of Germany, the Min…
Leading officials and other authorities from the Finance Ministries of 12 Latin American and Caribbean countries, along with prominent international experts, concluded today the XXXIV Regional Seminar on Fiscal Policy, where they addressed the fiscal policy challenges for a sustainable and inclusive recovery.
The event – organized by the Economic Commission for Latin America and the Caribbean (ECLAC), with support from the Inter-American Development Bank (IDB), the Organisation for Economic Co-operation and Development (OECD), the World Bank and the International Monetary Fund (IMF), and spons…
The Economic Commission for Latin America and the Caribbean (ECLAC) dialogued on Thursday, August 20, with authorities from the Finance Ministries of numerous Latin American countries regarding fiscal policy challenges in mitigation of the COVID-19 pandemic’s economic and social effects and in the processes for reactivating economies.
At the meeting – held in the framework of the XXXII Regional Seminar on Fiscal Policy that ECLAC organizes annually, which took place virtually on this occasion – the participants included Ministers and Deputy Ministers as well as high-level technical officials …
Vice-presidents, ministers and vice-ministers of finance from several Latin American and Caribbean countries attending a seminar at ECLAC headquarters in Santiago, Chile, today called for fiscal responsibility to be maintained in order to promote growth and equality, particularly in light of the current complex economic and political context.
The officials and other international experts were attending the Twenty-ninth Regional Seminar on Fiscal Policy, which is to run until tomorrow, Friday 24 March. Organized by ECLAC, the meeting is also supported by the International Monetary Fund (IMF), t…
Latin America and the Caribbean is going through a difficult economic, political and social phase but has the opportunity to change its development trajectory towards more inclusive growth, with more sustainable investment and consumption patterns, Alicia Bárcena, the Executive Secretary of ECLAC, said during the XX Annual Conference of CAF – Development Bank of Latin America.
The senior United Nations official added that the macroeconomic toolbox must be expanded to include fiscal policies that put greater emphasis on tax evasion and avoidance, which in the region represents 6.7% of regional …
(5 December 2012) On the sidelines of the UN Climate Change Conference in Doha, representatives from business, UN, government and other stakeholder groups engaged in discussions on the role of fiscal instruments in environmental policy-making with the objective of identifying principles for a framework for environmental taxation and environment-related tax measures that promote green, inclusive economies.
The official side event on this matter, which took place today, was organized by the International Chamber of Commerce (ICC) in partnership with the UN Economic Commission for Latin Am…
(20 January 2010) Authorities and experts from the region and international organizations will discuss crisis exit strategies and the fiscal policy challenges faced by governments during the XXII Regional Seminar on Fiscal Policy, to open on Tuesday, January 26 at ECLAC headquarters in Santiago, Chile.
Antonio Prado, Deputy Executive Secretary of the Economic Commission for Latin America and the Caribbean, will inaugurate the event at 9 a.m. High-level government officials and representatives of international and multilateral organizations will take part in the seminar, which lasts until Janua…
This annual publication, one of the most important of ECLAC, includes official country figures up to November 30th, and an analysis of developments in the region's economy in 2004 and projections for 2005. The Latin American and Caribbean economy grew by 5.5% in 2004, outstripping the most optimistic forecasts, while the region's per capita GDP is estimated to have risen by about 4%. In 2005 GDP growth is projected to come in at about 4%; this rate would be high enough to bring about a further increase in per capita GDP. All the countries except Haiti turned in positive growth rates…
Did the coronavirus disease (COVID-19) pandemic embolden ideas favourable to inclusive social policy in Latin America? This article addresses that question by examining the emergency cash transfer programme that was implemented in Costa Rica in 2020. Drawing on legislative debates and interviews with senior officials and analysts, the study reveals the fleeting emergence of ideas in favour of expanding non-contributory social protection. The new programme was quickly reined in by a discourse that assimilated fiscal responsibility to cutting social spending rather than expanding revenues. Avoid…
On Monday March 6, 2023, government officials and experts will come together at two high-level events organized by the CAF-development bank of Latin America- and the Economic Commission for Latin America and the Caribbean (ECLAC). Among other topics, participants will debate the challenges related to taxation and decentralisation in the region and the role of public policies and cooperation for gender equality.
Both in-person events will be held at the ECLAC headquarters in Santiago to coincide with the CLXXVII meeting of the CAF board of directors scheduled for March 6-9 in Chile.
The first, …
Alicia Bárcena, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), pointed out today at United Nations Headquarters in New York that progress toward meeting the Sustainable Development Goals (SDGs) of the 2030 Agenda is limited and mixed in the different regions of the world and their fulfillment is at risk in some.
In her capacity as coordinator of the five UN regional commissions, the senior international official made a presentation on behalf of these regional bodies in the framework of the session on “Progress, gaps and obstacles: are we on trac…
This edition of Fiscal Panorama of Latin America and the Caribbean coincides with an
important milestone: the thirtieth anniversary of the Regional Seminar on Fiscal Policy
organized by the Economic Commission for Latin America and the Caribbean (ECLAC).
Over the past 30 years, this seminar has become a key fixture on the agenda of fiscal
policy events in the region.
Throughout these three decades, the successive editions of the seminar have
served as a forum for national authorities, tax experts and officials from international
organizations to discuss the performance, challenges and opportun…
At the Economic Commission for Latin America and the Caribbean (ECLAC), authorities and experts discussed the options for implementing active fiscal policies and countercyclical arrangements in the region to protect public investment, social progress and boost growth – particularly at a time of global uncertainty and a slowdown of growth and trade.
Finance Ministers, fiscal policymakers, officials from international agencies and academics from several countries are attending the XXVIII Regional Seminar on Fiscal Policy, which has been organized in Santiago, Chile, by ECLAC with the support of …
(January 30, 2015) Costa Rica’s Government and the Economic Commission for Latin America and the Caribbean (ECLAC) agreed today to strengthen mutual cooperation to boost the Central American country’s development, during a bilateral meeting held in San José by the President of the Republic, Luis Guillermo Solís, and the Executive Secretary of the regional United Nations organization, Alicia Bárcena.
The officials shared their visions on the development of the country and of Latin America and the Caribbean in general while also discussing the recent Summit of the Community of Latin American and…
(15 January 2015) The Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed today the links between the studies of this United Nations regional commission -with the main focus on equality- and the work of Thomas Piketty, during the visit of the renowned French economist to its headquarters.
Piketty, who is Director of Studies of the School for Advanced Studies in Social Sciences (EHESS) and Professor of Economics at the Paris School of Economics, took part in a lunch meeting attended by ECLAC officials and special guests from academia and politics in Chile. On this ocassio…
This annual publication, one of the most important of ECLAC, includes official country figures up to November 30th, and an analysis of developments in the region's economy in 2005 and projections for 2006. The Latin American and Caribbean economy grew by 4.3% in 2005, which represents the third consecutive year of growth in the region. Per capita GDP is estimated to have risen by about 3%. Unemployment rate fell from 10.3% in 2004 to 9.3% in 2005 and poverty indices decreased from 44% in 2002 to 40.6% in 2005. The performance of the domestic demand and the expansion of 3.3% of the world …
Latin American government authorities, international officials and fiscal policy experts will participate on March 10-11 in the XXVII Regional Seminar on Fiscal Policy, which will be held at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
The event is organized by ECLAC (through its Economic Development Division) with the support of the International Monetary Fund (IMF), the World Bank, the Inter-American Development Bank (IDB), and the Organization for Economic Cooperation and Development (OECD). It is also backed by the Spanish Agen…
Political will and changes to the productive structure and tax system are essential for fighting inequality in Latin America and the Caribbean, senior officials from the United Nations and representatives from Governments, academia and civil society coincided during a debate held on Monday, March 2 at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC).
María Fernanda Villegas, Chile’s Minister of Social Development; Jorge Coronado Marroquín, representative of the Tax Justice Network for Latin America and the Caribbean; and Ricardo Ffrench-Davis, a professor…