In spite of these risks, ECLAC underscores the positive regional growth figures for 2008. As in recent years, South America will grow more than Mexico, Central America and the Caribbean. Although the risks mentioned would have a moderate impact in 2008, economic deceleration will likely continue for some time, with which growth rates for Latin America and the Caribbean could reach approximately 4% in 2009.
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Latin America and the Caribbean Continues to Grow, in Spite of Deteriorating International Economic Context. ECLAC report estimates a deceleration in 2009 due to volatility and uncertainty, as well as rising inflation and other factors. Produced by Economic Commission for Latin America and the Caribbean (ECLAC) 2008
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'The rise of social entrepreneurship has resulted in an increasing number of businesses seeking to maximise both social and financial returns. Like traditional businesses, social enterprises need equity capital to grow and achieve their strategic objectives. nef's research indicates that traditional equity markets pose a challenge to many social purpose businesses because of their single-minded focus on profit maximisation, short term perspective, and speculative nature, which does not value s more...
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The Global Urban Competitiveness Project publishes periodic studies ranks 500 cities on their ability to attract and use resources to generate wealth. The cities are assessed on nine measures, including income, economic growth, innovation, jobs, prices and the presence of multinational firms.
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'This report provides an overview of FDI flows to and from the region in 2007 and of the recent activities of transnationals in the region and of trans-Latins outside their home countries.'
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The theme of this paper is that current difficulties in the United States economy and vulnerabilities in emerging markets are not unrelated to financial excesses that made a major contribution to global expansion in the past six years, including credit, asset and investment bubbles triggered by rapid expansion of global liquidity.
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'The main view expressed in the paper is that Foreign Direct Investments are not a panacea for poverty reduction in all countries.'
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