Caribbean Outlook 3: Economic recovery and repositioning in the era of COVID-19. Policy Brief

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…

Evento con países de América Latina y el Caribe enfatiza la importancia de garantizar un régimen de protección social universal

Reconstruir mejor implica hacerlo con igualdad y sostenibilidad, con un pacto social que incluya una nueva ecuación entre el Estado, el mercado y la sociedad, que permita alcanzar un régimen universal de protección social y de acceso a bienes públicos básicos, afirmó hoy Alicia Bárcena, Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL). La máxima representante de la Comisión regional participó en un evento paralelo al Foro Político de Alto Nivel de las Naciones Unidas 2020 (HLPF, por sus siglas en inglés), que se desarrolla virtualmente este mes de julio, ti…

Modelo de negocios de las empresas debe cambiar para adoptar patrones de consumo y producción sostenibles

Empresarios de grandes compañías y representantes del mundo de los negocios en América Latina y el Caribe, se reunieron hoy en la CEPAL con autoridades de gobiernos y expertos internacionales para evaluar la participación del sector privado en el cumplimiento de los Objetivos de Desarrollo Sostenible (ODS), acordados por las Naciones Unidas en su Agenda 2030 para el Desarrollo Sostenible. Durante la segunda reunión del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible, que se realiza en la sede de la CEPAL en Santiago de Chile, los participantes en la reunión “El …

Fourth Inter-American Dialogue of High-Level Msme Authorities Public Policies to Enhance the Competitiveness, Innovation and Internationalization of MSMEs

The Director of the ECLAC Washington Office, Inés Bustillo Moderates Panel on The Challenge of Access to Finance for MSME's OAS Headquarters, Washington, D.C.…

Seminario "América Latina y Europa: Los retos de la globalización, las PYMES como motor de crecimiento"

Organizado por CIDOB (Barcelona Centre for International Affairs) en colaboración con la DFD de la Comisión Económica para América Latina y el Caribe (CEPAL), la ESADE (Escuela Superior de Administración y Dirección de Empresas) y la Secretaría General Iberoamericana (SEGIB). VIII Seminario sobre la Agenda de Desarrollo Iberoamericana (ADI).…

Las comisiones económicas de la ONU— CEPAL Y ESCAP —tomaron acciones para facilitar la inclusión financiera para las PyMEs en Asia y América Latina

Las dos comisiones económicas organizaron un seminario sobre la inclusión financiera conjunto con el Asian Development Bank Institute (ADBI), The Asia Foundation (AF), Alliance for Financial Inclusion (AFI) y el Center for Internacional Financial Cooperation (CIFC) del Korean Institute of Finance.…

An analysis of the art and craft sector and its potential for sustainable tourism development in the Caribbean

Art and craft is considered to be an integral part of the tourism business, since it plays an important role as souvenirs and mementos, thereby spatially and temporarily expanding the visitor experience. It is also increasingly looked upon as an opportunity to diversify the tourism sector offerings, as well as the broader economic base. As part of the overall global creative economy, the art and craft sector has seen consistent trade growth over the past two decades, and has shown the capacity to forge even stronger linkages with the tourism sector. This paper examines the nature of this relat…

The European Investment Bank and SMEs: key lessons for Latin America and the Caribbean

This paper discusses the engagement of the European Investment Bank Group (EIB Group) with the financing and support of SMEs, both within the European Union (EU) as well as EU Candidate Countries and the Balkans. Indeed, lending and providing financial support to SMEs is one of the key core objectives of the EIB Group. The main focus of the paper is to describe and analyse the practises and experiences of the EIB Group in this field, to discuss the key lessons and to make policy recommendations to be considered within the Latin America and Caribbean (LAC) context. The large role played by the …

The Regional Coordination Mechanism for the Implementation of the Mauritius Strategy

Private-public alliances for export development: the Korean case

The present report explains the development path of Korea, from a country which started its development with a lack of natural resources, industrial facilities, sufficient foreign reserves and business experiences and with human resources as its only productive factor at the disposal, to its successful technological catch-up, export performance and economic development. The study clarifies this development by concentrating on the formulation and implementation mechanism of development strategies and policies with the emphasis on trade; the technological capability building process and institu…

Institutional requirements for market-led development in Latin America

Abstract This paper seeks to provide a systematized framework for the main ideas that have been developed by ECLAC concerning the effects that market-led reforms have had on labour, financial and technology markets. In order to explore these questions further, a research project has been undertaken by ECLAC with the sponsorship of the German Agency for Technical Cooperation (GTZ). The project deals with the institutional requirements for properly functioning financial, technology and labour markets. Particular attention is being devoted to the institutional forces affecting market access by tr…

Strategies for increasing economic resilience in the Caribbean