Tag: UN Economic Commission for Latin America and the Caribbean (ECLAC)

• Tuesday, January 2nd 2018 - 06:20 UTC

  Latin American poverty and extreme poverty rose in 2015/16 following a decade of decline

  

  Poverty and extreme poverty levels rose in Latin America as a regional average in 2015 and 2016, after more than a decade of declines in the majority of countries, while in 2017 they are expected to hold steady, the Economic Commission for Latin America and the Caribbean (ECLAC) said.

• Tuesday, October 6th 2015 - 07:40 UTC

  Latin America forecasted to contract 0.3% this year and 0.7% growth in 2016

  

  The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, forecasted a downward trend in the region’s economic activity for 2015 to -0.3% from 0.5%, and estimates that for 2016 growth will be close to 0.7%.

• Tuesday, March 10th 2015 - 06:46 UTC

  ECLAC estimates 28% of Latin America's population live in poverty

  

  Poverty affected 28% of Latin America’s population in 2014, revealing that its decline has stalled at around that level since 2012, while indigence rose to 12.0% from 11.3% during the same two-year period in an overall context of economic deceleration, according to the projections from a study released by the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.

• Tuesday, November 11th 2014 - 21:54 UTC

  An estimated 28.5m from Latam and Caribbean population live overseas, 70% in USA

  

  An estimated 28.5 million Latin American and Caribbean people live outside their birth countries, 70% of them in the United States, while a majority of the immigrant population of 7.6 million originated from other countries in the region, according to a new study by the Economic Commission for Latin America and the Caribbean (ECLAC).

• Wednesday, October 15th 2014 - 08:36 UTC

  Latin America with a huge deficit in infrastructure investment, says Eclac

  

  Argentina should double its current investment in infrastructure and spend 6.2% of its Gross Domestic Product to satisfy its demands for the period 2012-2020, according to a report of the UN Economic Commission for Latin America and the Caribbean (ECLAC).

• Friday, October 10th 2014 - 05:01 UTC

  Latam headed for a third year of foreign trade stagnation, reports ECLAC

  

  Latin America and the Caribbean's foreign trade will experience its third year of stagnation in 2014, because of minimal growth in exports and a slight decline in imports, the Economic Commission for Latin America and the Caribbean (ECLAC) reported on Thursday.

• Tuesday, August 5th 2014 - 06:50 UTC

  Barcena anticipates that Argentina will probably have negative growth in 2014

  

  Argentina's economy probably will contract in 2014, the head of the United Nation's body for Latin America and the Caribbean, ECLAC said on Monday, as fallout from a new sovereign debt crisis will keep the country out of money markets.

• Monday, July 7th 2014 - 23:09 UTC

  ECLAC sides with Argentina; calls for Collective Action Clause for sovereign debts

  

  The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, has sided with Argentina in the holdout hedge funds litigation arguing on the need to establish an international mechanism that would allow for the resolution of conflicts of interest caused by sovereign defaults:

• Tuesday, January 21st 2014 - 14:55 UTC

  Argentina and Brazil with the largest and fastest growing fiscal pressure in Latam

  

  Argentina’s tax revenue was at last count the largest and fastest growing in the region, the UN Economic Commission for Latin America and the Caribbean (ECLAC) revealed on Monday. At 37.3%, the latest tax revenue-to-GDP data put Argentina ahead of Brazil, with tax revenue worth 36.3% of its GDP in 2012 — and a few percentage points above the average for OECD countries at 34.6%.