This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (third quarter of 2015) concerning capital flows to Latin America and the Caribbean.…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first half of 2015) concerning capital flows to Latin America and the Caribbean.…
Al finalizar la Quinta Reunión del Foro de los países de América Latina y el Caribe sobre el Desarrollo Sostenible, representantes de la región se comprometieron a redoblar esfuerzos para implementar efectivamente la Agenda 2030 y concluyeron que la erradicación de la pobreza en todas sus formas es el mayor desafío actual y constituye un requisito indispensable para el desarrollo sostenible.…
Although tourism has been a major economic sector in the Car ibbean s ince the mid-1960s, the sector now faces significant challenges as competit ion intensif ies in the global tourism market. These challenges include environmental impacts, and the need for continued high levels of public investment in order to sustain the tourism product. The precariousness of the sector was made starkly evident with the onset of the global recession in 2009, when the sector recorded significant decline. Notwithstanding some limited recovery since that time, the recent experience highlighted the need for Cari…
The energy debate has one dimension that is often sidelined: its relationship with poverty and development. This document attempts to shed some light on this aspect, unnoticed when public policies are being formulated.The document describes the results of the joint effort of the Economic Commission for Latin America and the Caribbean (ECLAC), the United Nations Development Programme (UNDP) and the Club de Madrid, which highlight the crucial role of access to energy services[1] in the attainment of the Millennium Development Goals.Access to energy services, as a basic factor for poverty reducti…
The energy debate has one dimension that is often sidelined: its relationship with poverty and development. This document attempts to shed some light on this aspect, overlooked when public policies are being formulated.The document describes the results of the joint effort of the Economic Commission for Latin America and the Caribbean (ECLAC), the United Nations Development Programme (UNDP) and the Club de Madrid, which highlight the crucial role of access to energy services in the attainment of the Millennium Development Goals.Access to energy services, as a basic factor for poverty reductio…
The global economic crisis has put an end to a period of six consecutive years of growth in Latin America and the Caribbean, growth on a scale that had not been seen for decades. This crisis is different from those which had been seen in the past, not only because its origin is different but also because, as the Economic Commission for Latin America and the Caribbean (ECLAC) has reported on several occasions, the region is much better prepared to deal with it. The favourable international environment which had been enjoyed by most of the countries of the region in recent years went hand in han…
Studies of Argentina, Colombia, Chile and Mexico conducted collaboratively by ECLAC and GTZ point to environmental impacts associated with small and medium enterprises (SMEs), particularly in the manufacturing sector. This impact is essentially local, though it can become significant at the aggregate level, i.e., SMEs are responsible for some of the environmental problems caused by industry as a whole. Though SMEs account for only a small fraction of such problems -at the national level, the effect is often marginal in terms of environmental degradation- the impact may be significant and fairl…
The present level of intra-regional trade of Latin America and the Caribbean in relation to their total exports is still low when compared to the peak of 21.1% registered in 1997, despite its rebound in 2003 and continued recovery into 2004. While this trade holds a high potential for future growth, there are a series of problems to be addressed in order for regional integration to continue on the paths of recovery and deep integration. The countries in the region should keep working on the constraints that its regional integration process continues to suffer from the persistence of non-tariff…
During the second quarter, the prospect of an unexpected U.S. interest rate increase weakened investors' appetite for risk, and capital flows to Latin America faded in response. Latin American spreads increased by 71 basis points during the quarter, up to 607 bps at the end of June, from 536 bps at the end of March. Quarterly issuance in Latin America also suffered, dropping to US$4.7 billion, a level not seen since the last quarter of 2002. As a result, Latin America moved behind Eastern Europe, which issued US$6.3 billion or 39% of total emerging market issuance, compared to 29% for L…
Executive Summary The global economy is experiencing a recession, which originated in the United States and is affecting developed and developing economies alike. Between the second and third quarter of 2001, the United States GDP growth rate decreased from 2.6 per cent to 1.2 per cent. For the same period, the European Union's GDP growth rate declined from 2.4 per cent to 1.7 per cent. For Latin America and the Caribbean the growth will fall from 4 per cent in 2000 to 1 per cent in 2001. A central issue regarding the current recession is whether it will be short lived or rather …
Now that the 1990s have ended and a new millennium is dawning, the low rate of economic growth, the region's vulnerability to international financial instability and the limited progress made in terms of equity oblige us to reflect on the social agenda for the future. An important role in that agenda will continue to be played by the efforts to overcome poverty and indigence, conditioned to a large extent by the region's capacity for economic change and its dynamism in creating large numbers of jobs of higher quality in terms of productivity and income. At the same time, in view of t…
Background In its resolution 47/5 of 16 October 1992, the General Assembly decided to observe the year 1999 as the International Year of Older Persons (1) and to take note of the conceptual framework of a programme for the preparation and observance of the International Year of Older Persons in 1999, as contained in the report of the Secretary-General (A/50/114). In resolution 50/141 entitled International Year of Older Persons: Towards a society for all ages , the General Assembly, inter alia, invited the regional commissions, within the existing mandates, to bear in mind the goa…
The objective of these workshops is to promote the use of gender statistics for policymaking to ensure that no women and girls are left behind, in keeping with the commitments set out in the Regional Gender Agenda and the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs). The focus of these workshops will be on mapping existing data and identifying gaps in the production of gender statistics, and providing recommendations regarding the production, development, systematisation and dissemination of statistical information and gender-sensitive indicators.…
The workshop takes place within the scope of the project “Building a national and regional strategy for the development and adoption of sustainable technologies”, led by the National Institute of Industrial Property (INPI) in Brazil and implemented by the Economic Commission for America Latin America and the Caribbean (ECLAC/CEPAL) with support of the European Union through Euroclima+. In addition, the workshop builds on a series of actions that are in course in the context of a fruitful network coordinated by World Intellectual Property Organization (WIPO) Green in partnership with representa…
This document analyses the origins and consequences of debt accumulation in the Caribbean. The focus is placed on Caribbean Community (CARICOM) economies. The document also examines current strategies for the reduction of debt…
Virtual meeting organized by ECLAC in its capacity as Regional Coordinator for Latin America and the Caribbean of the ICP.…
Virtual meeting organized by ECLAC in its capacity as Regional Coordinator for Latin America and the Caribbean of the ICP.…
The regional workshop is jointly organised by United Nations Regional Committee on Global Geospatial Information Management for the Americas (UN-GGIM: Americas) and ECLAC…
This study presents an assessment of national statistical legal frameworks across the Caribbean. It aims to ascertain the extent to which the UNFPOS are incorporated in the statistical laws of Member and Associate Member Countries of the Caribbean Development and Cooperation Committee (CDCC). Such an assessment provides the basis for making recommendations to the respective countries on policy actions needed to ensure the full incorporation of these principles in their statistics legislation thereby laying a solid foundation for the effective functioning of their NSS. Furthermore, an up-to-dat…