Latin American employment will not recover in 2016

Subject The outlook for unemployment in Latin America. Significance Unemployment in the region will rise this year for the first time since 2009, according to an October report by the UN Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO). There are also signs of deterioration in job quality and that households are beginning to feel the pinch of slower GDP growth. Impacts In Brazil, the number of wage earners fell in absolute terms in the first half of 2015, a trend that is accelerating. In a typical feature of economic slowdowns, the number of women seeking jobs will continue to increase sharply. An already large productivity gap between micro and larger businesses is likely to widen.

Subject Declining regional growth projections. Significance According to a report issued on December 17 by the UN Economic Commission for Latin America and the Caribbean (ECLAC), the region's GDP contracted by 0.4% this year, slowing for a fifth consecutive year, and will grow by a mere 0.2% in 2016. Impacts Brazil's forecast 2.0% contraction next year partly reflects, and will contribute to, the country's political crisis. ECLAC's 0.8% growth forecast for Argentina depends on the new government's success in reactivating investment. If private consumption and investment continue to contract, the region's labour markets will weaken again next year.


Subject The deteriorating fiscal position. Significance According to the UN Economic Commission for Latin America and the Caribbean (ECLAC), government deficits in most South American countries and Mexico widened in 2015 for the third consecutive year, in a context of slower economic growth and lower commodity prices. Barring Brazil, the increase was generally small but government borrowing, rising for several years, is increasingly limiting administrations' room for fiscal manoeuvre. Impacts Government borrowing is rising -- as are borrowing costs. Declining revenues may force unpopular spending cuts, worsening growth prospects. Caribbean countries in particular face unsustainable debt-servicing burdens that leave little for social and investment spending.


Subject Social and economic inequality. Significance After its progress in reducing poverty, highlighted by a recent report of the UN Economic Commission for Latin America and the Caribbean (ECLAC), Chile faces the complex and socially divisive challenge of tackling its deep-rooted economic and social inequalities. Impacts The key problem in addressing poverty will be its concentration in specific groups of the population. Some of the government’s planned reforms, such as pension reform, would help to improve income distribution. The outcome of the government’s Country Undertaking initiative will depend on its ability to implement the resulting ideas.


Author(s):  
Hurova Anna ◽  
Lustosa Maryna ◽  
Mongrolle Zhulien

The Aarhus Convention concerning the right of information, participation and access to the justice in the environmental field was adopted in 25 June 1998, and came into effect in 30 October 2001 as part of the United Nations Economic Commission for Europe (ECE-UN) is open for the adherence for every State even if not located in the European continent. However, in Mars 4, 2018, the Escazú Convention was adopted as a part of the Economic Commission for Latin America and the Caribbean (ECLAC), enshrining the same procedurals rights that Aarhus. The objective of this article is to understand why Latin-American states have chosen to create their own regional convention, even if they could have joined the Aarhus Convention concerning the same rights? The approach used to the making of this article was the bibliographic research et the interpretation of legislation and the conventions. In conclusion there’s two hypotheses justify the adoption of a certain convention, the Escazú Convention could be the answer of the Latin American towards the effectiveness of the Aarhus Convention, for instance minimization of effective realization of judicial protection of environmental rights and also, the Escazú Convention is the translation of the specific conception of environmental protection in Latin America. Also, the study found that States of Latin American and the Caribbean, through preservation of indigenous peoples, are able to transform the concept of sustainable development into so-called "continued development" and "good life" concepts. These concepts are not based on the balance of environmental and economic interests, but on the predominance of the first one. The practical implementation of these ideological foundations must go a long way to being effective, but clear wording of individual legal personality of people in fragile environmental situations, which is expressed in particular at the international level, in our opinion, already, forms the basis for further changes towards saving the planet for future generations.


Subject The expansion of low-cost airlines in Latin America. Significance In late October, the first tickets for flights with Wingo -- a new no-frills carrier running routes between Colombia, Central America and the Caribbean -- went on sale. The new Colombia-based company is competing directly against several traditional and budget airlines for a share of the growing market for domestic and international air travel within the region. Wingo's creation, together with that of Viva Air Peru in November, highlights the continued disruption to a sector long dominated by a small number of high-cost carriers. Impacts Greater availability of reasonably priced international flights will boost Latin American tourism to the Caribbean. Cheap air travel may also help expand and consolidate regional trade ties, reducing the cost of business trips. Increased flight frequency and passenger numbers will help regional airports which have often operated below capacity.


Author(s):  
Daniel Ricardo Quiroga-Villamarín

Abstract Latin America played a crucial role in furthering the cause of human rights at the nascent United Nations (UN) when great powers were mostly interested in limiting the scope to issues of collective security. Following this line of thought, this article aims to understand the Latin American contributions to the promotion of ESCRs in both global and regional debates by tracing the figure of the Chilean diplomat Hernán Santa-Cruz and his efforts as both a drafter of the Universal Declaration of Human Rights (UDHR) and founder of the Economic Commission for Latin America and the Caribbean (ECLAC). In Santa-Cruz’s silhouette we can find a vivid example of Latin American thought regarding social rights, marked by the intersections and contradictions of regional discourses such as social Catholicism, socialist constitutionalism, and developmentalist economic theories.


Significance However, according to the UN Economic Commission for Latin America and the Caribbean (ECLAC), the coronavirus pandemic may undo more than a decade’s progress on labour participation, with a disproportionate effect on poorer women. Impacts Even pre-pandemic, one in four women compared with one in ten men lacked an income of their own; this will worsen. The number of women below the poverty line increased by almost one-fifth in 2020, which will affect families and children in particular. Some LAC countries are approaching gender parity in political institutions such as parliaments.


2018 ◽  
Vol 77 (306) ◽  
pp. 74
Author(s):  
Pedro Cezar Dutra Fonseca ◽  
Ivan Colangelo Salomão

<p align="center"><strong>ABSTRACT</strong></p><p>The second half of the 1950s saw a conflict between Raúl Prebisch —the Executive Secretary of Economic Commission for Latin America and the Caribbean (ECLAC)— and Celso Furtado, who was one of the most respected economists in the institution. The conflict is little explored in the literature and, somehow, it has become taboo within the institution itself, since it motivated Furtado’s abandonment of ECLAC in 1957. By investigating two official documents they prepared to subsidize the Argentinian and the Mexican governments, the current study highlights the main differences regarding anti-inflation and external insertion policies and, taking a broader view, the role played by the State in leading the development process.</p><p align="center"> </p><p align="center">FURTADO VS. PREBISCH: UNA CONTROVERSIA LATINOAMERICANA</p><p align="center"><strong>RESUMEN</strong></p>En la segunda mitad de la década de 1950 se registró un conflicto entre Raúl Prebisch, el Secretario Ejecutivo de la Comisión Económica para América Latina y el Caribe (CEPAL), y Celso Furtado, uno de los economistas más respetados de la institución. El conflicto está poco explorado en la literatura y se ha convertido en un tabú dentro de la propia institución, ya que motivó el abandono de la CEPAL por parte de Furtado en 1957. Al investigar dos documentos oficiales que ellos prepararon para subsidiar a los gobiernos de Argentina y México, el presente artículo destaca las principales diferencias respecto a las políticas de combate a la inflación y de inserción externa y, a partir de una visión más amplia, el papel desempeñado por el Estado en la conducción del proceso de desarrollo.


2021 ◽  
Author(s):  
◽  
◽  
◽  

This report compiles comparable tax revenue statistics over the period 1990-2019 for 27 Latin American and Caribbean economies. Based on the OECD Revenue Statistics database, it applies the OECD methodology to countries in Latin America and the Caribbean to enable comparison of tax levels and tax structures on a consistent basis, both among the economies of the region and with other economies. This publication is jointly undertaken by the OECD Centre for Tax Policy and Administration, the OECD Development Centre, the Inter-American Center of Tax Administrations (CIAT), the Economic Commission for Latin America and the Caribbean (ECLAC) and the Inter-American Development Bank (IDB). The 2021 edition is produced with the support of the EU Regional Facility for Development in Transition for Latin America and the Caribbean, which results from joint work led by the European Union, the OECD and its Development Centre, and ECLAC.


Sign in / Sign up

Export Citation Format

Share Document