Ten key messages of the Latin American and Caribbean Regional Consultation on Financing for Development

The Regional Consultation on Financing for Development in Latin America and the Caribbean took place in Santiago on 12 and 13 March 2015, in the framework of the twentieth session of Committee of High-level Government Exports (CEGAN), established by virtue of ECLAC resolution 310(XIV) and comprising Latin American and Caribbean member countries of the Commission. The Regional Consultation was held in preparation for the Third International Conference on Financing for Development, to be held in Addis Ababa in July 2015, and gave rise to 10 key messages.

Financing for climate change in Latin America and the Caribbean in 2014

Quantifying the resources mobilized to tackle climate change makes it possible to ascertain the region’s status in this area and the opportunities it offers. It provides countries with the detailed information they need to move forward and prepare to meet the objectives of the United Nations Framework Convention on Climate Change (UNFCCC). With accurate, up-to-date information on climate finance flows, countries can define their strategies for the transition to more sustainable development scenarios with a smaller environmental footprint and fiscal agents can identify gaps between supply and demand for specific financial instruments. The hope is that, rather than investment by fund providers and managers in sustainable initiatives with a smaller environmental footprint being an exception or anomaly, it will become a business model that gradually decouples economic development, investment and social inclusion from greenhouse gas (GHG) emissions.

Resolutions adopted by the Economic Commission for Latin America and the Caribbean at its Thirty-Sixth Session

Resolution 697(XXXVI) Horizons 2030 resolution .-- Resolution 698(XXXVI) ECLAC calendar of conferences for the period 2017-2018 .-- Resolution 699(XXXVI) Regional Conference on Women in Latin America and the Caribbean .-- Resolution 700(XXXVI) Mexico resolution on the establishment of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development .-- Resolution 701(XXXVI) Support for the work of the Latin American and Caribbean Institute for Economic and Social Planning (ILPES) .-- Resolution 702(XXXVI) Statistical Conference of the Americas of the Economic Commission for Latin America and the Caribbean .-- Resolution 703(XXXVI) Regional Conference on Social Development in Latin America and the Caribbean .-- Resolution 704(XXXVI) Programme of work and priorities of the Economic Commission for Latin America and the Caribbean for the biennium 2018-2019 .-- Resolution 705(XXXVI) Caribbean Development and Cooperation Committee .-- Resolution 706(XXXVI) Application of Principle 10 of the Rio Declaration on Environment and Development in Latin America and the Caribbean .-- Resolution 707(XXXVI) Regional Conference on Population and Development in Latin America and the Caribbean .-- Resolution 708(XXXVI) Ministerial Conference on the Information Society in Latin America and the Caribbean .-- Resolution 709(XXXVI) Committee on South-South Cooperation .-- Resolution 710(XXXVI) Conference on Science, Innovation and Information and Communications Technologies of the Economic Commission for Latin America and The Caribbean .-- Resolution 711(XXXVI) Implementation of the Vienna Programme of Action for Landlocked Developing Countries for the Decade 2014-2024 .-- Resolution 712(XXXVI) Regional integration of statistical and geospatial information .-- Resolution 713(XXXVI) Regional follow-up to the outcomes of conferences on financing for development .-- Resolution 714(XXXVI) Place of the next session.

Acordos de pesca: desafios de implementação e consolidação em áreas de várzea do município de Gurupá, Pará, Brasil

Considerando o contexto Amazônico em que muitas decisões para a proteção e conservação do meio ambiente para a região por vezes surgem de maneira vertical, com ausência da participação dos usuários dos recursos naturais, comunitários locais, em processos deliberativos, acabando por se esquecer as experiências empíricas dessa população é que se fez este estudo. Através das técnicas metodológicas: observação direta, aplicação de entrevistas semi-estruturadas, análises de fichas de monitoramento, procurou-se observar o contexto de vida da população gurupaense, em especial àquelas que vivem às várzeas do município, consideradas agroextrativistas e que possui na atividade pesqueira fonte de proteína, renda e que de maneira compartilhada vem praticando o mecanismo do Acordo de Pesca como forma de gestão desta atividade. A pesquisa enfoca o Manejo Comunitário do Camarão seu processo de implementação e consolidação, a participação de técnicos, ONG e projetos de financiamento, bem como as implicações sociais, econômicas e ambientais nos períodos em que houve ou não a atuação dessa mediação externa. O estudo mostrou que essa participação da mediação externa estimulou processos organizativos locais bem como proporcionou a ação coletiva, em que ainda com o término do apoio, a auto-gestão comunitária vigora e é repassada às novas gerações, contudo o estudo evidencia ainda o desafio de que para melhores indicadores a níveis ambientais se faz necessário apoio técnico científico com promoção de estudos no campo da Dinâmica de Populações de Estoque Pesqueiro.

Educação financeira: uma possibilidade de ensino a partir dos cenários para investigação

This work presents a proposal for teaching financial mathematics to students from secondary school using mathematics investigation. This methodology is used for many researchers and this work follows the main ideas of Fonseca, Brunheira, and Ponte (1999) and Skovsmose (2000). With this methodology, we intend to develop activities that approximate real situations of daily life and we aim to help students to understand and make decisions about single commercial and finances negotiations. Such activities have open questions that provide students the opportunity to think about mathematical subjects like loans, financing and saving account. We show a short description of studies about the importance of financial education in secondary school and university. Our proposal is applied in Secondary School because we considering to use contents of this area in a very simple way, dealing with mathematical ideas in order to develop skills of critical analysis. We suggest a qualitative research with phenomenological approach, as a possibility analysis of collected data from this teaching proposal

Multicollinearity and financial constraint in investment decisions: a bayesian generalized ridge regression

This paper addresses the investment decisions considering the presence of financial constraints of 373 large Brazilian firms from 1997 to 2004, using panel data. A Bayesian econometric model was used considering ridge regression for multicollinearity problems among the variables in the model. Prior distributions are assumed for the parameters, classifying the model into random or fixed effects. We used a Bayesian approach to estimate the parameters, considering normal and Student t distributions for the error and assumed that the initial values for the lagged dependent variable are not fixed, but generated by a random process. The recursive predictive density criterion was used for model comparisons. Twenty models were tested and the results indicated that multicollinearity does influence the value of the estimated parameters. Controlling for capital intensity, financial constraints are found to be more important for capital-intensive firms, probably due to their lower profitability indexes, higher fixed costs and higher degree of property diversification.

Two and a Half Cheers for the Midwestern Bourgeoisie: Role of the Virtues in Tempering Business Decisions

A recent book (The Bourgeois Virtues: Ethics for an Age of Commerce, D. N. McCloskey), raises the matter of the role of the virtues in business and economic choice, arguing that capitalism can indeed, be virtuous or at least better than the alternative(s). This argument is especially timely in light of the apparent excesses on Wall Street and in some banking/financial institutions. Excessive greed and often the lack of business ethics contributed in substantive ways to the financial crisis and near economic meltdown we have been experiencing. As McCloskey, (2006, pp. 1-2) argues (in setting the stage for the complex argument made in this 616-page book!): “The book … is directed toward you who are suspicious of the phrase ‘bourgeois virtues,’ pretty sure that it is a contradiction in terms. And the book is directed, with less optimism about changing their minds, toward you who think the phrase is worse: a lie. ‘Bourgeois virtues’ is neither. The claim here is that modern capitalism does not need to be offset to be good. Capitalism can on the contrary be virtuous. In a fallen world bourgeois life is not perfect. But it’s better than any available alternative. American capitalism needs to be inspirited, moralized, completed. Two and a half cheers for the Midwestern bourgeoisie (middle-class, small business owners…. yet)… Many a businessman is an ethical shell or worse. Even the virtues of the bourgeoisie, … do not lead straight to heaven.”

Analyzing ACRE: Results for 2009 and Decisions for 2010

In 2009, agricultural producers participating in federal farm programs had to decide between staying in the existing Direct and Counter-Cyclical Program (DCP), and the new Average Crop Revenue Election Program (ACRE). If producers chose to keep the DCP, their farm income safety net is strictly tied to crop prices, with a combination of marketing loans, counter-cyclical payments and direct payments. If producers chose the new ACRE program, they changed their farm income safety net to a combination of price and revenue. The new ACRE component is based on revenue and replaces the counter-cyclical payment. The other parts of the safety net for ACRE participants remain tied to price, albeit at lower levels (direct payments reduced 20 percent, marketing loan rates reduced 30 percent).

Using Machine Learning Classifiers to Assist Healthcare-Related Decisions: Classification of Electronic Patient Records

Surveillance Levels (SLs) are categories for medical patients (used in Brazil) that represent different types of medical recommendations. SLs are defined according to risk factors and the medical and developmental history of patients. Each SL is associated with specific educational and clinical measures. The objective of the present paper was to verify computer-aided, automatic assignment of SLs. The present paper proposes a computer-aided approach for automatic recommendation of SLs. The approach is based on the classification of information from patient electronic records. For this purpose, a software architecture composed of three layers was developed. The architecture is formed by a classification layer that includes a linguistic module and machine learning classification modules. The classification layer allows for the use of different classification methods, including the use of preprocessed, normalized language data drawn from the linguistic module. We report the verification and validation of the software architecture in a Brazilian pediatric healthcare institution. The results indicate that selection of attributes can have a great effect on the performance of the system. Nonetheless, our automatic recommendation of surveillance level can still benefit from improvements in processing procedures when the linguistic module is applied prior to classification. Results from our efforts can be applied to different types of medical systems. The results of systems supported by the framework presented in this paper may be used by healthcare and governmental institutions to improve healthcare services in terms of establishing preventive measures and alerting authorities about the possibility of an epidemic.

Decisions on Temporal Sampling Protocol Influence the Detection of Ecological Patterns

Within-site variability in species detectability is a problem common to many biodiversity assessments and can strongly bias the results. Such variability can be caused by many factors, including simple counting inaccuracies, which can be solved by increasing sample size, or by temporal changes in species behavior, meaning that the way the temporal sampling protocol is designed is also very important. Here we use the example of mist-netted tropical birds to determine how design decisions in the temporal sampling protocol can alter the data collected and how these changes might affect the detection of ecological patterns, such as the species-area relationship (SAR). Using data from almost 3400 birds captured from 21,000 net-hours at 31 sites in the Brazilian Atlantic Forest, we found that the magnitude of ecological trends remained fairly stable, but the probability of detecting statistically significant ecological patterns varied depending on sampling effort, time of day and season in which sampling was conducted. For example, more species were detected in the wet season, but the SAR was strongest in the dry season. We found that the temporal distribution of sampling effort was more important than its total amount, discovering that similar ecological results could have been obtained with one-third of the total effort, as long as each site had been equally sampled over 2 yr. We discuss that projects with the same sampling effort and spatial design, but with different temporal sampling protocol are likely to report different ecological patterns, which may ultimately lead to inappropriate conservation strategies.