Context
The countries of Latin America and the Caribbean (LAC) have been exporting large quantities of raw materials for decades. However, this does not generate any significant profits in the region. Productivity is stagnating, particularly in rural areas. The national economies are also highly fragmented and barely intertwined from a geographical perspective. In an international comparison, tax revenues in LAC are below those of other regions.
Poverty and inequalities in LAC are strongly associated with a lack of social protection, unemployment, underemployment and unregistered jobs. Women suffer disproportionately in this context from a lack of social protection.
Approaches are therefore needed to drive economic performance forward in a way that is systematic, socially just, gender-equitable and environmentally friendly. To implement them in the LAC region, however, there is a lack of practical, sectoral and methodological knowledge as well as regional cooperation. This is where the Economic Commission for Latin America and the Caribbean (Comisión Económica para América Latina y el Caribe, CEPAL) comes into play, with the support of the project.
Objective
Public actors in CEPAL member states are able to tailor their budgetary, social and industrial policy towards a productive, environmentally friendly and socially just economy.
Approach
Through financial and specialist support, the project helps CEPAL to organise regional exchange formats, compile studies and provide training in the areas of social, industrial and fiscal policy. The main beneficiaries here are state institutions in the member states. This is intended to drive forward the transition to a productive, environmentally friendly and socially just economy.
Last update: February 2025