Our Perspective

      • Consumption consumes you | George Gray Molina

        10 Jan 2014

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        CASIMIRA SANCHEZ PREPARES PIECES OF GYM EQUIPMENT AT A PLANT IN MEXICO CITY. A UNDP PROGRAMME TO STRENGTHEN SMALL AND MEDIUM-SIZED BUSINESSES INCREASED THEIR ACCESS TO NEW MARKET TECHNOLOGY. PHOTO: LUIS ACOSTA/AFP FOR UNDP

        Scott Fitzgerald used to say about alcohol: “First, you take the drink, then the drink takes a drink, then the drink takes you”. The same thing could be said about consumerism as a way of achieving social status and recognition. First, let’s  look at a few facts. Consumerism is the engine driving growth in Latin American economies. It represents 59% of the GDP in Brazil, 66% in Mexico, 69% in Chile, 77% in Honduras and 88% in the Dominican Republic ,so more than two thirds of the economic growth in Brazil, Mexico and Chile over the past twelve months. Consumerism also led to a significant reduction in poverty  and favored the emergence of the middle class in the region. Today, most of the population is no longer “poor” in the statistical sense of the term, but “vulnerable” as they work in precarious labor markets yet enjoy higher levels of income and purchasing power than before. Secondly, let’s look at some areas of concern. Consumption is intrinsically linked to high levels of liquidity, easy access to credit, and household debt. Household debt has increased throughout the region: According to Morgan Stanley, the ratio of household debt to income is 60%, in Brazil, the ratio stands at more than 30%,Read More

      • Why Latin America and the Caribbean matter for the Post-2015 Agenda | Alejandra Kubitschek Bujones

        09 Jan 2014

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        CHILDREN WITH ACCESS TO EDUCATION

        Latin America could emerge as one of the most influential regions in the negotiations on what will follow the Millennium Development Goals when they expire in 2015. First: The politics - As discussed in the recent UNDP-commissioned, NYU/Center on International Cooperation (CIC) independent report, A Laboratory for Sustainable Development? Latin America, the Caribbean, and the Post-2015 Agenda, Latin America has successfully captured the most important positions in the bodies engaged with the post-2015 framework. This gives the region a unique opportunity to lead and influence the outcome of post-2015 negotiations. Colombia currently presides over the Economic and Social Council, Bolivia heads the G77 group of nations, and Antigua and Barbuda will hold the Presidency of the General Assembly until the 69th session. In addition, Brazil currently leads the World Trade Organization; and the COP 20 climate negotiations will take place in Lima, Peru. Second: The lessons and experience - Latin America has served as a laboratory for designing and implementing innovative sustainable development approaches. The region has developed some of the best-recognized development programs, combining poverty reduction with social inclusion. Successful cash transfer schemes, such as Brazil’s Bolsa Familia, Mexico’s Oportunidades, and Chile’s Solidario have played an important role in increasingRead More

      • Boosting transparency and accountability policies in Latin America | Gerardo Berthin

        19 Dec 2013

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        One of the main challenges undermining human development and democratic governance in Latin America and the Caribbean is the lingering perception of corruption, particularly bribes. This jeopardizes the potential of public policies as important means to promote greater equality and human development. For example, people make a direct correlation between the perceived corruption and the quality and effectiveness of public services in a given country. In November 2013 the Fifth Session of the Conference of the States Parties to the UN Convention against Corruption (UNCAC ) took place in Panama City with more than 1,500 Member States delegates, in addition to representatives from civil society, academia, the private sector and media outlets. To date, the UNCAC has been ratified by 169 states, and in Latin America only half a dozen of countries are not part of the convention. UNDP and the UN Office on Drugs and Crime (UNODC) have been boosting efforts to better understand how UNCAC parties have been designing and implement transparency and accountability policies. The region and the entire world still lack further studies to assess the impact of coordinated anti-corruption policies and the role of specialized agencies in preventing. That’s how this first attempt to systematize anti-corruptionRead More