ECLAC Proposes Policies to Foster Regional Integration

Eldonita de Juan Leandro
2014-05-10 12:43:22

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Lima, May 10 (RHC-ANDINA) -- The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has introduced proposals to move toward regional integration through more coordinated production among countries.

Such integration should enable them to respond to the accelerated technological innovation that characterizes this moment in history, the changing positions of different actors in the global economy and the formation of broader regional markets.

In its document 'Regional Integration: Towards an Inclusive Value Chain Strategy,' ECLAC stresses the validity of the integration concept in the current international context as a basic component of productive transformation and strategies for growth with equality.

In this report, ECLAC calls on countries to carry out joint actions in matters of financial, infrastructure, digital, social and environmental integration to foster broader regional productive integration.

Likewise, it promotes collective action in matters of innovation and science and technology in order to boost the presence of companies and technological centers of the region in global knowledge networks.

These actions aim to build advantages to allow the region to position itself in a restructuring global context, where emerging and developing economies gain ground in the international scenario.



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