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LOCALWednesday 8 June 2016

Alicia Bárcena, Executive Secretary of ECLAC (center, in blue) during the OECD meetings held in Paris. At the forefront, Presidents of Chile, Michelle Bachelet and
Peru, Ollanta Humala, joined by OECD’s Secretary-General Ángel Gurría.

(OECD Photo)

ECLAC Highlights at OECD Forum Importance of 2030 Agenda for
Integration and Change Towards the New Development Pattern

-The organization’s Execu- official was a panelist in fundamental tool for ad- In this sense, Bárcena said 2030 Agenda’s goals.
tive Secretary, Alicia Bárce- the OECD Forum 2016, the vancing towards inclusive that programs such as the “For years ECLAC has ad-
na, emphasized in Paris the motto of which was “Pro- growth. She also indicated one that fights against Base dressed the region’s prob-
similarities between both ductive economies, inclu- that equality must be at the Erosion and Profit Shifting lems with a comprehensive
institutions for supporting sive societies,” and she par- center of countries’ devel- (BEPS), implemented by the view of development. This
country implementation of ticipated in the high-level opment strategies and to OECD, are very interesting. has been demonstrated
this agenda. meeting of the Governing achieve that, it is necessary “Currently in Latin America in our latest institutional
ORANJESTAD/PARIS - The Board of the OECD Devel- to take the path of pro- evasion accounts for $320 documents presented to
Executive Secretary of the opment Centre. gressive structural change billion dollars a year. With member countries during
Economic Commission for Other prominent figures and use Politics as an instru- that we could finance the the Commission’s biennial
Latin America and the Ca- who attended the OECD ment. 2030 Agenda,” she said. meetings (which make up
ribbean (ECLAC), Alicia Forum 2016 included heads “We are living through a “Inequality is a risk that con- the trilogy of equality), and
Bárcena, reaffirmed last of State such as Chilean profound change of era. spires against democracy. in the most recent of these,
week in Paris that the 2030 President Michelle Bach- The current development We must move ourselves Horizons 2030: Equality at
Agenda for Sustainable elet and Peruvian Presi- model is not sustainable. from a culture of privilege the Centre of Sustainable
Development is a unique dent Ollanta Humala, as If the world is to come out to a culture of equality. Development, which we
opportunity to change the well as senior authorities of the recessive bias it is The conversation has to just released in Mexico dur-
development pattern and from France and various experiencing, collective change with the private ing the thirty-sixth session,”
move towards more pro- Latin American countries. and coordinated action sector and the social sec- she indicated.
ductive societies focused At the event the OECD’s among economies is need- tor,” said Bárcena, who in- On Friday, June 3, Alicia
on people’s well-being. program for the region ed to reactivate growth,” vited all the participants to Bárcena was one of the
Bárcena was participat- was presented. During the Bárcena said. The official work on the 2030 Agenda. main speakers at the Inter-
ing in the Organisation for OECD Forum 2016’s panel also explained that there Meanwhile, in her presen- national Economic Forum
Economic Co-operation on productivity, inclusive is an imbalance between tation before the Govern- on Latin America and the
and Development (OECD) growth and governance the financial sector and ing Board of the OECD Caribbean 2016. On that
Week 2016 and in the Inter- in Latin America, ECLAC’s the real sector, since even Development Centre on occasion, she participat-
national Economic Forum Executive Secretary insisted though there is plenty of Thursday, June 2, Bárcena ed in the event’s closing
on Latin America and the on the importance of the liquidity in markets (given emphasized the similari- speech, along with French
Caribbean 2016, which was 2030 Agenda for produc- that financial assets are 10 ties between the work of Minister of Foreign Trade
held in the French capital tive integration, which is times greater than global ECLAC and the OECD to and Tourism, Matthias Fekl.
from May 31 through June one of the drivers of the GDP) the resources are not give support to countries in More information at www.
3. The senior United Nations region’s economy and a in good hands. the implementation of the cepal.org. q

ECLAC Will Release New Figures on Foreign Direct Investment in the Region

-On Thursday, June 9, the 9 its annual report Foreign global and regional evolu- an analysis of the patterns ents the main character-
Executive Secretary of the Direct Investment in Latin tion of foreign direct invest- of origin and destination istics of the global metal-
United Nations regional or- America and the Caribbe- ment (FDI) flows. The press countries and the situation lic mineral market’s trans-
ganization, Alicia Bárcena, an 2016 at the regional or- conference will be broad- of Latin American transna- formation processes and
will present the annual re- ganization’s headquarters cast live on the Internet via tional companies, known their link to foreign invest-
port at a press conference. in Santiago, Chile. the organization’s Web site as “trans-Latins.” This sec- ment in Latin American
ORANJESTAD/MEXICO CITY ECLAC’s Executive Secre- www.cepal.org/en/cepal- tion details the amounts re- and Caribbean countries,
- The Economic Commis- tary, Alicia Bárcena, will en-vivo. The document ceived by each country in while the third discusses
sion for Latin America and present to the media the has three chapters. The 2015 and makes a regional the importance of FDI as a
the Caribbean (ECLAC) will main conclusions of the first gives a general over- projection for 2016. driver of intangible capital
launch on Thursday, June report that examines the view of FDI, which includes The second chapter pres- accumulation.q