Tag: Alicia BárcenaAlicia Bárcena
Latin America and the Caribbean received last year a record 173.361 billion dollars in foreign direct investment (FDI) (6.7% more than in 2011), despite an international context characterized by shrinking FDI flows worldwide, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
A weak global economy, mainly due to the difficulties faced by Europe, United States and China has affected growth in Latin America and the Caribbean. In 2012 the original growth estimate will fall from 3.7% to 3.2%, according to the latest estimate from the UN Economic Commission for Latinamerica and the Caribbean.
Foreign trade in Latin America and the Caribbean will suffer from the economic slowdown that started in the second half of 2011. The value of regional exports will increase by 4% in 2012, whereas imports will grow 3% - according to estimates presented in the new Economic Commission for Latin America study released on Thursday.
Premier of China, Wen Jiabao, will visit the headquarters of the UN Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, on Tuesday 26 June to deliver a lecture.
Poverty and indigence in Latin America and the Caribbean are at their lowest in twenty years according to the latest report from the UN Economic Commission for Latin America and the Caribbean, ECLAC, released on Tuesday in Chile.
Argentina will be hosting on Thursday the first meeting of the South American Economy and Finance Council that will bring together Economy ministers and Central bank governors from members of Unasur, Union of South American Nations.
Mercosur full member countries with the exception of Brazil will have the best growth performance in the region this year, according to the annual report from the UN Economic Commission for Latin America and the Caribbean, Cepal which was announced this week in Santiago de Chile.
Latin America and the Caribbean is consolidating its recovery from the global economic slowdown, posting higher-than-expected growth in recent months. Although some countries in the region face serious pitfalls, according to a new United Nations report, Mercosur stands out as driving the revival.