Liu Zhenmin, the United Nations Under-Secretary-General in charge of the Department of Economic and Social Affairs (DESA), met today with the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, and the directors of all the Commission’s divisions, in the framework of his visit to Chile.
During the meeting, both UN entities reaffirmed the cooperation ties that unite them and renewed their pledge to continue working together to help the global organization’s member countries to advance on fulfilling the 2030 Agenda and its 17 Sustainable Dev…
To promote public investment is crucial for sustaining economic growth in the region, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) said in Lima, Peru, where she participated in several high-level events.
Alicia Bárcena held a series of interviews with authorities of the Ministries of Economy and Finance of several countries of the region and will accompany the UN Secretary-General, Ban Ki-moon, during his visit to Peru to attend the 2015 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) being he…
In the framework of his official visit to the country, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, met today in Guatemala City with the President of the Republic of Guatemala, Bernardo Arévalo de León, where they discussed the current cooperation agenda between the Government and the United Nations regional organization and explored areas of collaboration for the Central American nation’s development.
ECLAC has stressed the importance of Latin American and Caribbean countries invigorating their growth and making…
The Government of Peru and the Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed their resolve to strengthen cooperation on distinct matters related to economic, social and environmental development, during an official visit lasting 24 hours that Alicia Bárcena, Executive Secretary of ECLAC, made today to that country.
The senior United Nations authority led an official ECLAC mission to Lima, the first since President Pedro Castillo was sworn into office on July 28 of this year, with the aim of reaffirming the organization’s willingness to work jointly on those ar…
Latin America and the Caribbean have great potential for improving their economic and cooperative ties with China, a country that has already become the region’s second-largest trading partner, according to a new ECLAC document presented during the visit made by President Xi Jinping to the headquarters of the United Nations Regional Commission in Santiago, Chile, on 22 November 2016.
The report Economic Relations between Latin America and the Caribbean and China: Opportunities and Challenges (in Spanish) was presented by the Executive Secretary of ECLAC, Alicia Bárcena, at the Summit of Media …
This document was prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) for the official visit of Geung-hye Park, President of the Republic of Korea, to several countries in the region.
The Republic of Korea’s success in economic and social development offers many lessons for Latin America and the Caribbean and the developing world as a whole. From being one of the poorest countries in the world in the early 1960s, in six short decades the Republic of Korea has succeeded in transforming itself into a high-income economy, a major manufacturing, scientific and export po…
(22 August 2002) Next Monday 26 August Professor Joseph Stiglitz, Nobel Laureate in Economics, 2001, will visit the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC), to give a Magisterial Lecture entitled: Whither Reforms? Towards a New Agenda for Latin America, on the occasion of the Second Raúl Prebisch Chair Magisterial Lecture.
The lecture will take place at 11:00 am in the Raúl Prebisch Room at ECLAC (Av. Dag Hammarskjöld s/n, Vitacura, Santiago) and will be chaired by the Executive Secretary of this Regional …
The Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, presented the El Salvador-Guatemala-Honduras-Mexico Comprehensive Development Plan to President Juan Orlando Hernández and the Government of Honduras and participated in the inauguration of the National Commission on the 2030 Agenda for the Sustainable Development Goals (NC-SDG) and the Technical Committee for Sustainable Development, in the context of an official visit to Tegucigalpa on July 24-25.
“The 2030 Agenda for Sustainable Development and the Central America-Mexico Compre…
The distinguished US Economics Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute (in Santa Fe, New Mexico), Samuel Bowles, will give a keynote lecture at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, next Tuesday, March 13.
In the framework of a visit to Chile, Professor Bowles will offer a talk entitled “The Origins and Future of Economic Inequality: Institutions, Technology and Politics” at 11 a.m. in ECLAC’s Raúl Prebisch conference room. He will be welcomed by the Executive Secretary of the Unit…
On an official visit to Chile, the Speaker of the Swedish Parliament Urban Ahlin participated on Monday, March 7 in a round table at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, in which they addressed the region’s economic, social and environmental challenges.
The senior official and his delegation, formed by Kiefer Jakob, Sweden’s Ambassador to Chile and other representatives of the Swedish Parliament, the Embassy of Sweden in Chile and the Chilean-Swedish Institute of Culture, were received by ECLAC’s Deputy Executive Secretary, Antoni…
Turkey wants to broaden its political and trade relationships with Latin America and the Caribbean, President Recep Tayyip Erdoğan said at a keynote lecture given today at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC), in which he asked for international collaboration to cope with the crisis of Syrian refugees and the challenges to peace in the Middle East.
The Turkish Head of State arrived in Chile on Sunday, January 31 in the framework of a trip to the region that will extend until February 4, and which will include visits to Peru and Ecuador. He was…
This publication is a contribution by the Economic Commission for Latin America and the Caribbean (ECLAC) to the analysis of trade and investment relations between the United States of America and Latin America and the Caribbean, on the occasion of the visit of President Barack Obama to Brazil, Chile and El Salvador in March 2011. The early years of this new decade have brought good news for Latin America and the Caribbean. The region weathered the international crisis with unprecedented resilience and emerged from it sooner and more strongly than the developed economies. It grew by 6%…
Against a backdrop of higher global interest rates and borrowing costs, total Latin American and Caribbean (LAC) international bond issuance in 2022 was US$ 64 billion, down 57% from 2021 and the lowest annual amount since 2008, according to ECLAC’s latest report on capital flows to the region.
Capital Flows to Latin America and the Caribbean: 2022 year-in-review and 2023 early developments provides an overview of the region’s international bond issuances, spreads and credit ratings in 2022 and in the beginning of 2023. This report presents and analyses the main trends and developments concern…
The coronavirus (COVID-19) pandemic is affecting the economies of Latin America and the Caribbean through external and domestic factors, the combined effect of which will lead to the worst contraction that the region has ever undergone, exceeding those seen in 1914 and 1930. According to the latest estimates, an average regional contraction of -5.3% is forecast for 2020, ECLAC indicated today while launching a new report.
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, presented on this Tuesday, April 21, the COVID-19 Special Rep…
Bangkok (ESCAP News) – Developing economies in the Asia-Pacific region continue to fare well in comparison to the rest of the world, but structural weaknesses constrain growth prospects, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in its latest regional macroeconomic outlook report released today, emphasizing that more inclusive economic growth is key to ensuring sustainable prosperity for all.
Growth in the region’s developing nations will increase only slightly, to 5.9 per cent in 2015 from 5.8 per cent last year, with no significant change expecte…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, will present on Tuesday, August 31 the Economic Survey of Latin America and the Caribbean 2021: Labour dynamics and employment policies for sustainable and inclusive recovery beyond the COVID-19 crisis, one of the institution’s most important flagship annual reports, which takes stock of the region’s economies in the last year, especially regarding the impact of the COVID-19 crisis, and provides outlooks for 2021 and 2022.
The latest iteration of this document – which has been publis…
Increasing public revenue is key to strengthening fiscal policy’s capacity for action and bolstering the mobilization of resources to finance the 2030 Agenda. This according to the Fiscal Panorama of Latin America and the Caribbean 2019, an annual publication by ECLAC released today on the institution’s website.
The report – which analyzes current fiscal trends, the evolution of fiscal policies and their future challenges – adds that tackling the high level of tax incompliance and illicit financial flows in the region is more necessary than ever. According to the latest estimate of the Economi…
Progressive structural change in rural areas requires innovative strategies and tools for its implementation, together with greater capacity for coordination among multiple actors and instruments, where the public sector is strategically placed to serve as a catalyst, according to a new publication by the Economic Commission for Latin America and the Caribbean (ECLAC).
The Financial inclusion of small rural producers reveals the vast inequalities existing in rural areas where, according to the latest estimates, poverty and indigence rates practically double those of urban areas.
This means tha…
The low economic growth experienced by Latin American and Caribbean countries in the last few years will continue affecting the region’s labour market performance in 2017. According to the latest estimates, the rate of regional urban unemployment could reach 9.4% on average this year, which represents a 0.5 percentage point increase from the 8.9% recorded in 2016, ECLAC and the ILO indicated today in a new joint report.
The Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO) released the newest edition of their joint publication Emplo…
Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.
According to the report, jointly produced by the Development Centre of the Organisation for Economic Co-operation and Development (OECD), the United Nations Commission for…