Abstract This paper uses a political economy approach to examine the nature and social impact of Ireland's economic 'miracle', namely the period of high economic growth known as the 'Celtic Tiger', which lasted from 1995 until 2000. Its principal purpose is to offer a broad and multifaceted reading of this period of Irish development, paying particular attention to the links between macroeconomic success and social vulnerability, in order to draw policy lessons for Latin America. The examination of the Celtic Tiger is prefaced by a brief introduction to some of the sa…
Scant empirical evidence is available on how the Latin American and Caribbean region participates in global value chains (GVCs) and what drives this process. Frequent questions in this connection are: How has the spread of information and communications technologies and free trade agreements facilitated the region’s participation in GVCs? To what extent do small firms participate in GVCs? What learning mechanisms and production and technological feedbacks operate in different types of GVCs? How can countries and firms take advantage of upgrading processes in GVCs? What role do policies play to…
Given the risks the world economy is still facing and the ascendancy of Brazil and India as major growth poles of the global economy, government authorities in Latin America and the Caribbean should redouble their efforts to identify and capitalize upon the potential complementarities created by greater integration with the BRICs. In view of the inter-industrial nature of trade between India and Latin America including Brazil, the region should seek to create partnerships between its firms and successful Indian companies, in order to gain access to supply chains that produce more complex, tech…
The bursting of the property bubble – subprime mortgage crisis – in 2007 in the United
States has engendered panic, recession fears and turmoil in the global financial system. Although
the United States economy grew by 0.6 per cent in the last quarter of 2007, down from 4.9 per
cent in the previous quarter, day by day worsening scenarios emerge, from escalating oil prices,
to a depreciating dollar and financial institutions’ bailout by the Federal Reserve. Many
economists and policy makers share the view that a subprime-led recession – i.e. two consecutive
quarters with negative growth – is in…
(*) This document was prepared by André A. Hofman of the Economic Projections Center of the Statistics Division, and Heriberto Tapia research assistant in the office of the Executive Secretary of ECLAC. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization.. Abstract Potential output estimates are becoming increasingly important in policy design in Latin America (ECLAC, 2002) and the objective of this paper is to make a methodological contribution to this field of work…
The current survey provides an overview of the economic performance for 2013 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 2014 and 2015. Data were collected from a review of reports from national governments and through interviews with government officials in each of the countries analyzed.…
Abstract Central America needs a regular, flexible, safe and affordable infrastructure and transport services in order to prevail over the existing bottlenecks and constrained intra-regional trade patterns. This need is widely recognized to achieve a sustained economic development, both national and regionally. Today, Central American countries face the following problems in their transport systems: lack of sufficient transport infrastructure and high transport costs. These problems have led to a decline in the competitiveness of the regional economies and sluggish economic growth …
Multinational transport infrastructure (MTI) projects are fraught with coordination issues. This paper contributes by identifying the key issues necessary for effective MTI coordination, analyzing them using economic theory and putting them into perspective within the framework of major ongoing coordination efforts for MTI in Europe and Latin America. Specifically, this paper carries out the following. First, after mentioning the importance of transport infrastructure for growth and integration, we describe the characteristics of transport networks that make coordination essential. Second, we …
Hubert Escaith is Director of Statistics and Economic Projections Division, ECLAC. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization.. This paper was prepared for the REDIMA workshop on Modeling Macroeconomic Coordination in the Andean Community, Santiago, Chile 22 October 2003. Introduction The early 1990s opened a new era for the analysis of economic interactions between Latin America and Caribbean (LAC) countries. Two channels, real and financial, conveyed th…
Con un llamado a fortalecer el multilateralismo, la democracia y la cooperación regional se inauguró hoy en la sede de la CEPAL en Santiago de Chile, la tercera reunión del Foro de los Países de América Latina y el Caribe sobre el Desarrollo Sostenible, que reúne a representantes de gobiernos, sociedad civil, organismos internacionales, sector privado y academia, con el objetivo de revisar los avances y desafíos de la implementación de la Agenda 2030 en la región.
El evento de alto nivel, organizado por la Comisión Económica para América Latina y el Caribe (CEPAL) y el Gobierno de Cuba -en su…
17 Feb 2025, 08:00 - 09:30
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Evento (Meetings and technical symposiums)
This side event of the 56th session of the United Nations Statistical Commission aims to promote the adoption of small area estimation (SAE) in national statistical offices through two key initiatives: the innovative use of geospatial data and capacity-building initiatives.…
Abstract
The paper presents the challenges and lessons learnt from the Project Development of Social Statistical Databases and the Methodological Approaches for a Social Vulnerability Index (SVI); for Small Island Developing States' (NET/00/035);, which was undertaken by the Social Development Unit of
the ECLAC/CDCC secretariat. The Project aims to make available to social planners and decision makers in the Caribbean, a body of social statistics comprised of data sets being generated by national central statistical offices of the ECLAC/CDCC member States. The paper situates the Pro…
Abstract
This Manual is part of the teaching material prepared especially for the use of training workshops dealing with techniques for collecting information, country by country, on all measures pertaining to trade in services in the countries of the western hemisphere. The Manual is designed to be updated as the training workshops progress, to take account of the suggestions and improvements that come out of these.
The Manual includes basic background material on quantitative aspects of services trade in the world and in the countries of the hemisphere (Section I);. Next, information is give…
The data revolution for sustainable development has triggered interest in the use of big data for official statistics such that theUnited Nations Economic and Social Council considers it to be almost an obligation for statistical organizations to explore big data. Big data has been promoted as a more timely and cheaper alternative to traditional sources of official data, and one that offers great potential for monitoring the sustainable development goals. However, privacy concerns, technology and capacity remain significant obstacles to the use of big data. This study makes a case for incor…
The data revolution for sustainable development has heralded a renewed focus on evidence-based policymaking in policy planning and implementation, but the legal foundation for the production of official statistics to inform these processes has lagged among most Caribbean countries.
By incorporating and supporting the United Nations Fundamental Principles of Official Statistics (UNFPOS) in national statistical legislation, Caribbean countries will improve the quality of and timeliness in the dissemination of official statistics. This can be achieved by revising current statistical laws or crea…