|ECLAC Structural Change for Equality publication launched : -proposals in-tandem with Guyana’s development agenda – President|
|Friday, 12 October 2012 19:32|
THE Economic Commission for Latin America and the Caribbean (ECLAC) launched a “Structural Change for Equality” publication at the Guyana International Conference Centre (GICC) Thursday, detailing a suite of measures that President Donald Ramotar said identifies with Guyana’s development agenda.
The release of the document, which coincides with UN Month activities, marks the first time such a publication is being launched in a Caribbean Community (CARICOM) member state.
It follows a previous publication that was launched last August in El Salvador, and an agreement between the Executive Secretary of ECLAC Alicia Barcena, and Guyana’s Minister of Foreign Affairs Carolyn Rodrigues-Birkett, who chairs the Caribbean Development and Cooperation Committee (CDCC), for a publication to be launched in the Caribbean.
The 75-page report proposes recommendations for countries in the Caribbean and Latin America to meet the goals of achieving high and sustained rates of growth to close structural gaps and generate quality jobs, change consumption and production patterns, and guarantee equality on the basis of greater convergence in the production structure with universal social protection and capacity building.
According to the report, such an endeavour requires the “return of politics and of the state’s role in promoting investment and growth, redistribution and regulation, with a view to structural change for equality, through industrial, macro-economic, social and labour politics.”
The compilation was influenced mainly by the challenges in recent years affecting the world, according to Director of the ECLAC sub-regional headquarters for the Caribbean, Diane Quarless, who was among those witnessing the launch.
“The global crisis has pointed clearly to the need for an integrated approach to restructuring the regional economy so that it can deliver high growth rates, better living standards, and improved equality among different segments of the population,” Quarless said.
Growth and development in Latin American nations like Brazil, which is today the world’s fifth largest economy, and how they managed to do it, even in a period of economic recession, were highlighted as models.
Guyana’s five consecutive years of growth and stability during the volatile period, and progress over the last two decades were also recognized. According to President Ramotar, these achievements came as a result of deliberate structural changes in the economy.
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