Este documento detalla el proceso participativo que, con el objetivo de priorizar objetivos estratégicos del Plan Nacional de Desarrollo de Cuba (PND) y articularlos con los Objetivos de Desarrollo Sostenible (ODS), fue realizado a partir de la metodología de identificación de nodos y eslabones críticos definida por la CEPAL, con la participación de expertos de instituciones nacionales e internacionales. El resultado, que evidenció la alta convergencia entre el PND y los ODS, derivó en la construcción de ocho circuitos de objetivos estratégicos del desarrollo, entre los que destacan la potenci…
Conferencias Magistrales 75º Aniversario de la CEPAL
Palabras de bienvenida
José Manuel Salazar-Xirinachs, Secretario Ejecutivo de la CEPAL
18 de agosto, 2023 – Sala Raúl Prebisch, CEPAL, Santiago
Conferencista:
José Antonio Ocampo, Profesor de la Escuela de Asuntos Internacionales y Públicos de la Universidad de Columbia
“Reformas al sistema financiero internacional”
Muy Buenos días.
Un saludo y bienvenida muy cordial para todos y todas las presentes.
A las autoridades del Gobierno de Chile,
A representantes del cuerpo diplomático,
Funcionarios del Sistema de Naciones Unidas…
This study presents an exploratory analysis of the current state of financing the implementation of quality education and resilient infrastructure in Antigua and Barbuda, Barbados and Saint Lucia. The study will analyze domestic funding sources, including government budgetary resources, and foreign sources, including loans and grants. It will examine strategies the region can adopt to leverage funding at scale, such as blended finance, innovative PPPs, ESG-driven FDI and syndicated loans. The study will also examine how the countries can improve the efficiency and effectiveness of financing to…
In Latin America, “islands of modernity” associated with a new biological and digital paradigm in the exploitation of natural resources and the production of services and manufactures coexist with vast segments of the population mired in insecurity, poverty, stagnation and social exclusion. This structural dualism reflects a growing gap between a modern segment of society that emulates the behaviour patterns of developed nations and a segment that lags behind, in which labour informality, basic material deprivations and rising citizen insecurity predominate. The lack of an appropriate theory o…
We compare the effects of labour market shocks and social policy responses on people’s welfare following the outbreak of the COVID-19 pandemic in Argentina, Brazil, Chile and Uruguay. We assess the role of formal and informal sector labour incomes and social transfers in the changes observed in the distribution of income and welfare. We worked with harmonized household survey microdata and performed a microdecomposition analysis by income source. In all four countries, the loss of earnings was the main mechanism behind the loss of income, and developments in the informal sector were crucial in…
This article analyses recent changes in social and solidarity economy (SSE) policies in eight Latin American countries: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico and Uruguay. It outlines the institutional rules that limited or added to States’ policymaking capacity, as well as examining progress on legislation and regulations and changes in specialized institutional frameworks. The information was obtained through an extensive review of documents and databases produced by government and academic institutions and social and solidarity economy organizations. The conclusion …
How economic growth can be improved is a question that has always divided researchers, but it is one of the utmost importance, bearing directly on prosperity, quality of life and human well-being. The research presented here is an experimental review whose purpose is to evaluate the causal effects that the erosion of economic freedom has had on the economic growth rate, corruption, democracy, the transparency of laws, media censorship and judicial constraints in 19 Latin American countries during the twenty-first century. The results show that for each percentage point erosion of economic free…
This paper analyses the economic and social impact of a State aid programme designed to incentivize the development of the border provinces of the Dominican Republic. The intervention method chosen was based on tax exemptions, creating a possible tension between the objective of territorial cohesion and that of upholding market competition. In the competition sphere, the study analyses whether the law had the effect of increasing the market power of beneficiary companies. In the social sphere, it establishes a criterion of regional similarity and compares the evolution of the border provinces …
This study proposes using optimum currency areas (OCA) as a theoretical basis for analysis of the full dollarization of Ecuador, viewing the country and the United States as an informal monetary union. At least two facets of this are of interest: (i) the convergence properties of inflation rates between Ecuador and the United States; and (ii) the degree of vulnerability of the Ecuadorian economy to changes in United States monetary policy. Unit roots and stationarity tests are used to study inflation rate convergence, structural vector autoregressive models are used to examine the Ecuadorian e…
This article analyses Raúl Prebisch’s earliest activities while still a young student at the University of Buenos Aires, between 1918 and 1922. One of these activities was the translation of texts by foreign economists for the university’s Revista de Ciencias Económicas, contributing to the dissemination of ideas in Argentina. We analyse Prebisch’s 1919 translation of Adolph Wagner and find indications that he modified the text, firstly by selecting for translation excerpts critical of the idea that free trade was automatically beneficial to all nations, secondly by omitting Wagner’s defence o…
Health satellite accounts provide information to elucidate the interaction between the health sector and the rest of the economy. However, in Brazil these accounts have gaps, such as a lack of data on gross fixed capital formation. The aim of this article is to present a methodology to measure gross fixed capital formation in the health sector in 2010–2019 and to analyse the data thus obtained. The results show that gross fixed capital formation in the health sector is biased towards machinery and equipment rather than construction. The share of private investment increased throughout the peri…
Latin American and Caribbean bond activity in international markets recovered strongly towards the end of the first half of 2023, with a total of US$ 50 billion placed in the period. This figure was 9% higher than in the year-earlier period and 158% higher than in the second half of 2022. Decelerating inflation and currency appreciation supported the upturn in bond activity, as did the pause in increases in the benchmark interest rate decided by the United States Federal Reserve at its meeting on 13 and 14 June following 10 consecutive hikes. There was a flurry of new bond issuances in the las…
The renowned Colombian economist José Antonio Ocampo, Professor at Columbia University’s School of International and Public Affairs and former Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), will deliver a keynote lecture on Friday, August 18 at the United Nations regional organization’s central headquarters in Santiago, Chile.
The former Minister of Finance and Public Credit of Colombia will give a lecture entitled “Reform of the international financial system” at 11:00 a.m. local time in Chile (UTC/GMT -4:00). He will be received by the o…