The oil and gas sector has led the economy of Trinidad and Tobago since the late 1970s and, more pronouncedly, since 2000, accounting for a large share of gdp, total exports and tax revenue. Its prospects in the medium term could be negatively affected, however, if oil and gas extraction expands in other countries, and if the United States attains energy self-sufficiency. This paper offers an analysis of the evolution and competitiveness of its oil and non-oil exports to both the United States and global markets, based on the revealed comparative advantage (rca) index used by eclac. Other fore…
El sector del petróleo y el gas (sobre todo a partir del año 2000) ha liderado la economía
de Trinidad y Tabago desde finales de los años setenta, gravitando fuertemente en el pib,
las exportaciones totales y los ingresos fiscales. Pero sus perspectivas de mediano plazo
pueden deteriorarse si la explotación petrolífera y gasífera aumenta en otros países, y si
los Estados Unidos de América alcanzan la autosuficiencia energética. Por ello, resulta
relevante analizar la evolución y competitividad de sus exportaciones petroleras y no
petroleras, aplicando el indicador de ventaja comparativa revela…
United States Trade Developments, 2014-2015, provides an overview of the most relevant trade developments in the United States trade relations with Latin America and the Caribbean and the measures that inhibit the free flow of goods among countries in the Western Hemisphere.The report presents trade figures and trends over the last few years to illustrate the nature of the U.S. engagement through trade with the world and with the Latin America and Caribbean region.…
The structural gaps that persist in the region have hampered dynamic and sustained economic growth and greater social development in Latin America and the Caribbean, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said during a keynote lecture in Mexico City on Thursday, 12 November.
The senior United Nations official gave a lecture at the National Autonomous University of Mexico (UNAM) entitled “Circumstances and Structures. Decolonizing the development agenda in Latin America and the Caribbean.” In it, she presented the foundations …
Las brechas estructurales que persisten en la región han dificultado un crecimiento económico dinámico y sostenido y un mayor desarrollo social de América Latina y el Caribe, indicó hoy Alicia Bárcena, Secretaria Ejecutiva de la CEPAL, durante una conferencia magistral dictada en Ciudad de México.
La alta funcionaria de las Naciones Unidas dictó una cátedra en la Universidad Nacional Autónoma de México (UNAM) titulada “Coyuntura y estructura. Descolonizando la agenda del desarrollo en América Latina y el Caribe”, en la que presentó los fundamentos del pensamiento estructuralista y las razones …
The region of Latin America and the Caribbean must decidedly make progress on economic integration and move towards an integrated space with common rules for trade and investment, Alicia Bárcena, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), said today during a high-level conference held in Santiago, Chile.
The senior United Nations official was the keynote speaker during the first day of the 5th Plenary Meeting of the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development—a gathering organized by …
La región de América Latina y el Caribe debe avanzar decididamente en su integración económica y hacia un espacio integrado con reglas comunes para el comercio y la inversión, indicó hoy Alicia Bárcena, Secretaria Ejecutiva de la CEPAL, durante una conferencia de alto nivel realizada en Santiago, Chile.
La alta funcionaria de las Naciones Unidas fue la oradora principal de la primera jornada de la Quinta reunión plenaria de la iniciativa de la OCDE para el diálogo de política sobre cadenas globales de valor, transformación productiva y desarrollo, encuentro organizado por la Organización para …
Foreign direct investment (FDI) by Latin American companies has increased sharply since the beginning of the 2000s. While most investment flows correspond to firms from large economies (i.e. Argentina, Brazil, Chile, Mexico and Colombia), small economies have also witnessed the increasing internationalisation of their domestic companies. This study examines the strategies followed by multinational enterprises (MNEs) from Latin America when they decide to invest in other countries, highlighting differences by sector and issuer-country size. To that end a new database, which comprises quantitati…
Desde el inicio de los años 2000, la inversión extranjera directa (IED) realizada por compañías latinoamericanas viene creciendo de manera pronunciada. Si bien la mayoría de los flujos de inversiones corresponden a empresas radicadas en las grandes economías (Argentina, Brasil, Chile, México y Colombia), las pequeñas economías también han sido testigos de la creciente internacionalización de sus empresas locales. Este documento tiene dos aportes principales. En primer lugar, se analizan las estrategias adoptadas por las empresas multinacionales de América Latina cuando deciden invertir en otro…
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), together with all four other United Nations regional commissions, today launched the first global report on the implementation of measures to simplify import, export and transit procedures, calling for more to be done to cut trade costs and promote growth.
The inaugural Global Report of the Trade Facilitation and Paperless Trade Implementation Survey provides data for 119 countries and serves as a useful basis for bench marking and monitoring trade facilitation performance. Within the Asia-Pacific region, the r…