Regulation, worker protection and active labour-market policies in Latin America

Includes bibliography

Returning to an external debate: the terms of trade for commodities in the twentieth century

Includes bibliography

La estabilidad de la relación de precios del intercambio en los países poco desarrollados = Stabilizing the terms of trade of underdeveloped countries

Publicado separadamente en cada idioma

Conceptos y métodos de cálculo de la relación de precios del intercambio exterior = The concept of terms of trade and methods of computation

Incluye Bibliografía

MERCOSUR: its challenges to small and medium-sized industrial enterprises in terms of competition

Includes bibliography

The terms of trade for commodities in the twentieth century

Includes bibliography

Terms of reference and rules of procedure of the Economic Commission for Latin America and the Caribbean

Presenta las atribuciones y reglamentos de la Comisión en cuanto a las reuniones, la Secretaría, las votaciones, los idiomas, los informes, etc.

Enmiendas al texto de las atribuciones y reglamento de la CEPAL = Amendments to the text of the terms of reference and rules of procedure of ECLAC = Amendements au texte du mandat et règlement intérieur de la CEPALC

Somete a consideracion de las delegaciones las enmiendas propuestas al texto de las atribuciones de CEPAL, documento E/CN.12/850/Rev.1.

Términos económicos y sociales de la Lista Común de Descriptores de la OCDE y su traducción al español = Economic and social terms in the OECD Aligned List of Descriptors and their translation into Spanish

Incluye Bibliografía

Términos de referencia para la elaboración de un estudo sobre costos, mercado y sistema de transmisión para el Proyecto Regional de Interconexión Eléctrica del Istmo Centroamericano = Terms of reference for the preparation of a study on costs, market and transmission systems for the Regional Electric Interconnection Project of the Central American Isthmus

Incluye Bibliografía

Capital flows to Latin America: third quarter 2001

Events in Argentina dominated most of the third quarter of 2001 until September 11, when the terrorist attacks against the United States prompted a sell-off of emerging markets assets, increasing uncertainty and risk aversion against a background of global economic slowdown. Emerging markets' short term prospects to tap international capital markets deteriorated significantly. In the third quarter of 2001, Latin American countries issued US$7.6 billion in bonds, following US$11.2 billion in the second quarter and US$13.2 billion in the first quarter, which had been a jump from only US$2.9 billion in the last quarter of 2000. At first, it seemed that the pace of debt issuance would slow down considerably given Argentina's troubles in July, as Argentina's bond auction at the beginning of the month was poorly received, forcing the government to shorten the maturity of the new debt and to pay rates as high as those during the Russian crisis in 1998. By August, however, emerging markets rebounded strongly on the back of a new US$8 billion IMF assistance package to Argentina, with both Mexico and Brazil successfully launching large issues. International markets displayed considerable flexibility as investors gave Mexico's US$1.5 billion 30- year bond and Brazil's JPY200 billion two-year samurai issue a warm reception. This return to capital markets was interrupted by the events of September 11, which caused debt issuance to fall sharply in September and October. Following the events of September 11, EMBI+ spreads widened above 1,000 basis points for the first time in nearly two years. According to J.P. Morgan there was a 3.7% market decline in September, which brought year-to-date returns for the EMBI+ to only 0.06%. Emerging markets debt, however, fared better than most other fixed income and equity markets in the immediate aftermath of the attacks. U.S. high-yield market suffered its worst month since August 1998, declining by 6.5%, while the S&P 500 and Nasdaq declined by 8.2% and 17%, respectively. Emerging equity markets suffered even greater declines, with losses as severe as 24% in local currency terms and 31% in U.S. dollar terms.

Atribuciones y reglamento de la Comisión Económica para América Latina y el Caribe = Terms of reference and rules of procedure of the Economic Commission for Latin America and the Caribbean = Mandat et règlement intérieur de la Commission Economique pour l'Amérique latine et les Caraïbes

Presenta las atribuciones y reglamentos de la Comisión en cuanto a las reuniones, la Secretaría, las votaciones, los idiomas, los informes, etc.