Natural resources: status and trends towards a regional development agenda in Latin America and the Caribbean. Contribution of the Economic Commission for Latin America and the Caribbean to the Community of Latin American and Caribbean States

Includes bibliography.

Infrastructure, transport and integration: the link with productive development and regional competitiveness

A vision of the role played by infrastructure, transport and related services in the development of competitiveness and productivity is fundamental for proposing public policies linked to productive development. In particular, the supply costs and the quality of public utility and transport services are extremely relevant to countries’ productivity, GDP growth and competitiveness, and also for the development and economic integration of Latin America.

Trade Facilitation: Promoting Trade as an Engine of Growth Using Information and Communication Technologies (ICTS)

Three factors define the main difficulties faced by developing countries in the area of trade facilitation: (i) limited understanding and use by governments and business (especially SMEs) of trade facilitation and of ICT tools and techniques; (ii) developing countries' limited capacity for policy analysis and inadequate policy instruments for the implementation of trade facilitation, and (iii) inadequate policy coordination for negotiation on trade facilitation. These obstacles tend to reduce countries' development opportunities and to increase the costs of general economic development and social welfare.The United Nations, through its five regional commissions, is launching a project that seeks to disseminate the benefits of trade facilitation and the standards, tools and requirements for its successful implementation. The project will focus on trade facilitation promoted by: (a) enhanced knowledge and understanding of governments and business regarding trade facilitation and the role of ICT; (b) enhanced use of ICT by SMEs in trade facilitation, and (c) national capacity-building for trade facilitation negotiations.

Evaluation report of the training workshop on the use of the module to analyse growth of international commerce (Magic Plus) and the competitive analysis of nations (TRADECAN 2009) software

The aim of the workshop was to provide a functional overview of the software package, to enable participants to use the software in order to inform more evidence-based trade strategies, and build capacity for researchers and trade negotiators to provide more rigorous, analytical policy research to inform future trade negotiations. Participants came from the ministries of trade of the following CDCC member countries: Dominica, Grenada, Jamaica, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Trinidad and Tobago. Representatives of the following regional institutions were represented: the Caribbean Community/Caribbean Regional Negotiating Mechanism (CARICOM/CRNM); the Organisation of Eastern Caribbean States (OECS); the University of Guyana, University of Suriname and the University of the West Indies (UWI). It was hoped the workshop would be a stepping stone towards more advanced trade analysis training. The list of participants appears as Annex I.

Latin America and the Caribbean in the World Economy 2015. The regional trade crisis: assessment and outlook.

With external conditions sluggish and highly uncertain as the global economy still struggles to shake off the effects of the economic crisis of 2008-2009, the Latin American and Caribbean region is not isolated from these effects and is projected to record a small drop in gross domestic product (GDP) in 2015, followed by a weak recovery in 2016. Against this backdrop, 2015 will be the third consecutive year of increasing declines in regional export values; a state of affairs not seen since the Great Depression of the 1930s. This poor performance reflects the end of the commodity price boom, the slowdown of the Chinese economy, the weak recovery of the eurozone and the lacklustre economic activity in the region, particularly in South America.

Descentralización fiscal y crecimiento económico en Colombia: evidencia de datos de panel a nivel regional

En este trabajo se ofrece evidencia de los efectos positivos de la descentralización fiscal en el crecimiento económico regional en Colombia desde la promulgación de la Constitución Política de 1991. La estrategia empírica incluyó la elección de un estimador adecuado para el enfoque de panel de datos, el estimador “promedio del grupo aumentado” (amg, por sus siglas en inglés), que permitió agregar factores determinantes no observados, sugeridos por la literatura, a los factores explicativos de largo plazo tradicionales. La estrategia se complementó con ejercicios que brindaron apoyo a los resultados de i) modelos de corte transversal para diferentes períodos y diversas variables de control, ii) una prueba de la hipótesis de complementariedad entre los bienes públicos suministrados por diferentes jurisdicciones (efectos indirectos), y iii) una evaluación de la convergencia incondicional en las diferencias de ingreso regionales.