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Bill Clinton coming to cut a ribbon on a windmill park

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wind
From a distance in the next district over, the windmill farm outside Penonome. Photo by Eric Jackson.

Bill Clinton’s coming to inaugurate a windmill park — but with whom and what do we deal?

by Eric Jackson

Former US President Bill Clinton will be in Panama on November 10 to dedicate the next phase of a windmill park in Penonome district, east of the town of Penonome. The company involved is Union Eolica Panameña SA (UEP), which was widely reported to be a subsidiary of Spain’s Union Eolica Española back when it began to get energy generation concessions from Panama during the Martinelli administration, and is still described as such in recent reports. The several-phase windmill farm project contemplates an eventual 113 windmills that will generate about 10 percent of Panama’s electricity, depending on the season, with a greater share during dry months when the nation’s hydroelectric dams are less productive.

So, who is the parent company in Spain? Actually, Union Eolica Española was dissolved in 2012. Look a bit deeper and you find it reported that a majority share — with hard to identify minority stakeholders, is now owned by InterEnergy Holdings LP, a private equity fund based in the corporate secrecy shrouds of the Cayman Islands. But we do more or less know who InterEnergy Holdings is: Rolando González Bunster, the former VP in charge of international operations for Gulf & Western Industries. The Argentine-born businessman splits his time between homes in Greenwich, Connecticut and the Dominican Republic and controls vast assets in the DR, Jamaica, the Bahamas, Argentina and Panama. He is a member of the board of directors of the Clinton Foundation.

In the 1980s González Bunster was a central player in the privatization of the Dominican energy sector, and earlier this year was accused by the Dominican Alliance Against Corruption (ADOCCO) of defrauding the government of taxes and fees to the tune of some $90 million by grossly inflating management costs — and thus understating profits — of the EGE HAINA and EGE ITABO companies that were spun off of the old public electric company. The allegation had been made in public for at least two years before that. The two private entities would according to the privatization deal owe the government’s Heritage Fund for Reformed Enterprises (FONPER) a share of profits and in any case be liable to the state treasury for income taxes on profits. Prosecutors have not seen fit to file any charges and InterEnergy dismissed the allegations against its CEO and several directors of its Dominican subsidiaries as “baseless.”

The business exec’s daughter Carolina González Bunster, who graduated from Georgetown in 2008, then went to work for Goldman Sachs in Dubai before returning to the United States to take a job with the Clinton Foundation, calls Bill Clinton a mentor. The former president attended her 2014 wedding to equity fund manager Stefano Bonfiglio at the González Bunster home in the Dominican Republic.

By various accounts the Chinese company that made the windmills that are installed in Penonome, Goldwind International Holdings (HK) Limited, holds a minority stake in the project. Of the reported $564 million that has been or will be invested in the Penonome windmill park, at least $300 million comes from the International Finance Corporation (IFC), a division of the World Bank. The Inter-American Development Bank, Panama’s state-owned Caja de Ahorros and Banco Nacional de Panama and several private lenders are also involved in the financing, in a deal brokered among Bill Clinton, Rolando González Bunster and Ricardo Martinelli in 2013 under the auspices of the Energy Committee of the Clinton Global Initiative.

Which of the lenders is supposed to manage the disbursement of investment funds? The institution that was designated to perform that role in 2013, the New York branch of Portugal’s Banco Espirito Santo de Investimento SA, is no more. Banco Espirito Santo fell in a spectacular collapse that involved a European Union and Portuguese government bailout and sale to a new entity, and which has the bank’s former CEO Ricardo Espírito Santo Silva Salgado under house arrest awaiting trial on charges of keeping false business records, forgery of documents, breach of fiduciary duty, tax fraud, corruption of public officials and money laundering. The New York investment banking part of the business was sold off to a Chinese company, Haitong Securities. The Chinese brokerage is moving into the banking business and has a securities market presence in Panama, but it appears that its role in the Penonome windmill farm is as an arranger and bookrunner rather than a manager and that it is performing these tasks via its Brazilian subsidiary.

Is there carbon credit income involved in the project? It would be surprising if there were not, but none of the parties are mentioning this in their online statements.

Is this the progressive and green face of globalized capitalism, in keeping with the environmental assurances given by Washington at the time that the US Congress was persuaded by then Secretary of State Hillary Clinton and others to ratify the US-Panama Trade Promotion Agreement? Perhaps, but maybe not. This past May UEP went to Panama’s Supreme Court of Justice seeking exemption from the jurisdiction of the Ministry of the Environment. Those were the terms of its deal with the Martinelli administration, the company asserted. A decision on that claim has yet to be announced.

Martinelli won’t be in Penonome for the ribbon cutting. By most accounts other than his own, he ran a grossly corrupt government between 2009 and 2014 and is facing multiple criminal charges before Panama’s Supreme Court, including for theft on a grand scale, illegal wiretapping, international insider stock trading, money laundering and other offenses. He lives in self-imposed exile in Miami.

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¿Wappin? A Saturday night between holidays

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Joe
Black Joe Lewis and the Honeybears. Photo by Jackman Chiu.

¿Wappin? A Saturday night between holidays

Marvelettes – Dont Mess With Bill
https://youtu.be/OVsW_6AomOQ

Maná – Ironía
https://youtu.be/AYNdyHkycsY

Black Joe Lewis & The Honeybears – Livin’ In The Jungle
https://youtu.be/xD8tu77WxXA

The Lowrider Band – The World Is A Ghetto
https://youtu.be/rsxFvlbu5Xg

Motherland – Natalie Merchant
https://youtu.be/A2JbLUVt0Z0

Santana – Samba Pa Ti
https://youtu.be/ACdwCIld3kE

Café Tacvba – Esta Vez
https://youtu.be/3a8q_SL9RRE

Lenny Kravitz – The Chamber
https://youtu.be/jAHlQ77lm10

Sia – Alive
https://youtu.be/t2NgsJrrAyM

Adele – Hello
https://youtu.be/YQHsXMglC9A

Patti Smith – People Have The Power
https://youtu.be/pPR-HyGj2d0

Zoé – Últimos Días
https://youtu.be/AJkJ6jBStuU

Zahara – Country Girl
https://youtu.be/YUTi1NTTcSE

Neil Young – Harvest Moon
https://youtu.be/n2MtEsrcTTs

Gondwana – Festival de Viña 2001
https://youtu.be/gA5-q6m2MXg

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Scenes from the Democratic Candidates’ Forum in South Carolina

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Dems
Hillary Clinton, Martin O’Malley and Bernie Sanders in South Carolina.

The Democrats in South Carolina

There are three candidates left in the race and we can get into arguments aboout whether “really” there are only two or there is only one, but the first votes won’t be cast for months and then other dynamics will set in. In South Carolina a little more than half of the Democrats are African-American and one poll taken a week before the forum showed Hillary Clinton with about a four to one advantage over Bernie Sanders in that sector. If Sanders can break off at least a quarter of Clinton’s black support and have those voters cross over to him, or if he can be the beneficiary of an extraordinary turnout by younger black voters, he will have a chance to win the South Carolina primary. If Clinton can maintain her lead, she will be hard to beat.

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The Panama News blog links, November 6, 2015

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The Panama News blog links, November 6, 2015

Splash 24/7, Delays of up to 10 days at the Panama Canal

Fortune, The new Panama Canal is leaking water — and money

El Espectador, Ampliación del Canal de Panamá podría retrasarse aún más

SeaTrade Maritime News, First LNG-powered vessel transits the Panama Canal

Al Jazeera, Nicaragua commission gives go-ahead for canal project

IPS, Nicaragua’s canal a nightmare for environmentalists

Nunatsiaq News, Finnish icebreakers arrive after late-season NW Passage transit

CBC, Chinese company plans Arctic shipping route through Russia

Mi Diario, Oro para Panamá en Juegos Mundiales Indígenas

CubaDebate, Urquiola dirigirá equipo de béisbol de Chiriquí

AP: Fired by Panama condo owners, Trump demands $75 million

ANP, Plantean cable de luz submarino entre Panamá y Colombia

Des Moines Register, Iowa coffee shop has a farm in Panama

Video, Empresas interesadas en la exploración de petróleo en el caribe panameño

Jamaica Gleaner, Investors win billion-dollar judgment against Panamanian company

OK Diario, Los Pujol escondían en Panamá más de €2.400 millones

LaInformacion, Pujol Jr. cerró su sociedad después de la confesión de su padre

Finanzas, El clan Pujol ha dispersado en 10 paraísos fiscales su fortuna

EFE, Panamá extradita a España a rusos acusados de lavando dinero para Obiang

El País, The long hunt for the Kokorevs

EFE: Blanqueo de capitales por redes sociales, nueva alerta para el Istmo

KTVA, Alaska surgeon who hid money here convicted of tax evasion and fraud

AFP, Panamá condiciona intercambio de información fiscal con OCDE

EFE, Panama money launderers said to link Chapo and FARC busted

Gambling Insider, US racketeering conviction for gambling via Panama

Senator Bernie Sanders, The complete text of the proposed TPP agreement

AFP/CNN, Martinelli compara a Varela con Maduro y dice que volverá a Panamá

Greenwald: Pro-Clinton group censored on Israel, into warped militarism

Nation of Change, Koch brothers’ foundation network explained

The Guardian, College apologizes to leftist professor fired in 1962

STRI, Bat man IDs bats by smell alone

Video, Howler monkeys chase off a lone male visitor

Mongabay, Galapagos “gold rush” for shark fins and sea cucumbers

Jones, Chile’s new marine reserve

Caribbean News Now!, Caribbean called on to adopt climate resilient food systems

Gandásegui, Protesta social o terrorismo

Beluche, ¿Presos políticos en Panamá?

Casullo, Argentina’s Cambiemos

Wallerstein, The important Canadian elections

Karszenbaum, Bibi y la nueva historia de la Shoá

Weisman, Rethinking the neo-con threat

Vatican Radio, Pope: Church is called to serve, not to be served

Boff, La religión puede hacer el bien mejor y también el mal peor

Huffington Post, Court ruling could pave way for marijuana legalization in Mexico

WOLA, Increased incarceration for drug offenses in the Americas

Video, Colombian court approves gay and lesbian adoptions

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Flag Day in Panama, 2015

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San Carlos. Photo © Michael Nixon.

Flag Day in Panama

BA PC
Balboa Academy marching in Panama City. Photo by Billy Foster.

 

The principal. Photo by Billy Foster.
The principal. Photo by Billy Foster.

 

Boquete. Photo by the Alcaldia.
Boquete. Photo by the Alcaldia.

 

Boquete. Photo by the Junta Comunal of Alto Boquete.
Boquete. Photo by the Junta Comunal of Alto Boquete.

 

Panama City. Photo by Allan Hawkins V.
Panama City. Photo by Allan Hawkins V.

 

PC AH1
Panama City. Photo by Allan HAwkins V.

 

PC AH 3
Panama City. Photo by Allan Hawknis V.

 

PC AH 4
Panama City. Photo by Allan Hawkins V.

 

SC 2
San Carlos. Photo © by Michael Nixon.

 

At the Presidencia.

 

In La Cabima.

 

In San Miguelito.

 

In Condado del Rey.

 

The Bomberos in Panama City.
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Jackson, So what about this flag?

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bandera
The flag, on a day when many in the city have taken off for the beach. Photo by Chris Taylor

So what about this flag?

by Eric Jackson

If there is anything to the legend that on Mount Sinai God inscribed on a tablet instructions that his people should not worship idols or take graven images as substitutes, we can still argue about what that meant and why, and even argue about whether it is permissible to pose such questions. I take it as an assertion that there is but one god — call that supernatural person Eloim as the ancient Hebrews once did or Allah as the Arabic name recognized by Muslims, or Jah or Yaweh or Jehovah or so on — but the important thing is not to let some human being who deals in symbols substitute his or her imagery and beliefs for a divinely ordered nature of things. Believe it or don’t believe it, but it seems to this writer that the swap of shallow and manipulable symbolism for more profound truths was the gist of what was forbidden.

Isn’t it also like that with a nation’s symbols?

I’m a Panagringo, a US-Panamanian dual citizen. I know how so many Americans (in the narrow sense of the word) get about the US national symbols. For so many it’s about how not supporting corporate economic interests or foreign wars or torture or assassination is taken to be something like spitting on the flag. For folks like that freedom and democracy, rather than being real values that sometimes oppose one another, become a unitary and vacuous partisan slogan. You hardly ever convince people like that in an election campaign. Generally the best you can do is to defeat them.

But what about the Panamanian tricolor, the same colors as Old Glory, but the symbol of an entirely different nation with a different culture, history and set of commonly held values? Did people die for the Panamanian flag on the Day of the Martyrs? Did Panama become truly sovereign, an adult member of the family of nations, when they took down the American flag at the Panama Canal Administration Building for the last time, leaving Panama’s flag as the only one flying?

People died during the events of January 1964 for various reasons, some just because they were unlucky enough to be in the wrong place at the wrong time. But notwithstanding a scuffle in front of a high school flagpole in which a flag was torn, it really wasn’t about that. It was about Panama being divided in two by a foreign enclave that included a lot of people who didn’t like Panamanians and who would sometimes go out of their way to be abusive. It was about a set of rules often enforced by people who harbored no ill will whatsoever, but rules that said that Panamanians were not particularly welcome on part of the isthmus. The flags were just symbols. The national grievances and popular aspirations were the real issues.

Does the Panamanian flag flying alone at the Admin Building put a lump in the throat of every patriotic Panamanian? Don’t let that lump grow so large that it impairs your vision. The Panama Canal Authority plays all sorts of corny information control games, but neither those nor any sense of pride ought to obscure the reality that the canal — the nation’s principal public asset — is not well managed.

Should Panamanians be terribly upset that the Ministry of Education published a graphic that had the Panamanian flag flying backwards? Probably no more upset than Zonians were about the Canal Zone stamp boasting of the new bridge over the canal, but with the bridge missing from the picture. Stuff happens, but if our public schools can’t get flag etiquette right, that’s the least of their troubles. We have a terrible school system, one of the worst in the world, and only some major wise investments and determined policy decisions will change that.

Pay your respects to the flag when in Panama on this day, if you are a Panamanian as shorthand — but not a substitute for — respect for the country and people for which it stands. If you are a foreigner, show deference to the people among whom you live, including their symbols. Let’s keep it all real. Flag Day is about Panama and Panamanians, not an abstract three-color design on a piece of cloth.

Independence Day in Panama, 2015

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video of the national anthem in Juan Diaz by Allan Hawkins V.

Independence Day in Panama

Raising the flag in Colon. Photo by the Alcaldia de Colon.
Raising the flag in Colon. Photo by the Alcaldia.
Dianas at the Presdencia. Photo by the Presidencia.
Dianas at the Presdencia. Photo by the Presidencia.
santeños
Marching in Los Santos. Photo by the Bomberos.
Boquete
City workers parade through Boquete. Photo by the Alcaldia.
by the statue
Gathering in the Casco Viejo. Photo by Chris Taylor.
The parade begins in the Casco Viejo. Photo by the Bomberos.
The parade begins in the Casco Viejo. Photo by the Bomberos.
Polleras sí, Instagram no. Photo by Chris Taylor.
Polleras sí, Instagram no. Photo by Chris Taylor.
note the bushy red tails
Assuming the position. Photo by the Presidencia.
Anglican kids
Colegio Episcopal kids. Photo by Chris Taylor.
El Hogar band
Banda El Hogar, one of Panama’s independent bands, a tradition that the previous administration tried mightily to suppress. Photo by the Presidencia.
the masses
The crowd along the Cinta Costera. Photo by Chris Taylor.
mi gente
Drummer in Juan Diaz. Photo by Allan Hawkns V.
Genaro y Saúl
Labor leaders Genaro López and Saúl Méndez. Photo by FRENADESO.
the heat
Cops in Juan Diaz. Photo by Allan Hawkins V.
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Harrington, The three monkeys

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JCV and cops in Chiriqui
President Varela meets Security Minister Aguilera and police commanders in Chiriqui. Photo by the Ministerio de Seguridad.

Hear no evil, see no evil, speak no evil!

by Kevin Harrington-Shelton
There is no reason to think there will be less corruption in this government, than in any previous government.
Barbara Stephenson (via WikiLeaks)

President Juan Carlos Varela spent the better part of this week grandstanding against crime in Chiriqui. Violence there is nothing new, but this episode does show up how the president shirks from taking any stance on a problem as a matter of course — thus making matters worse.

In the event, the heart of this particular problem has been previously documented. The 31 March 2011 issue of El Panama America carried an interview with a former National Police Director, focusing on a major cause of disorder in Chiriqui. Questioned as to a then revealed cable, don Gustavo Pérez de la Ossa states “there are no evidence” substantiating what an August17, 2009 US embassy cable stated had been garnered “from official Panamanian sources.” With her brush then-ambassador Barbara Stephenson painted a word picture of having “credible information that a network of corrupt National Police line officers, as well as politicians, who smuggle drugs and weapons crossborder with Costa Rica, in vehicles with government plates” (as El Panama America summed it up, with a duty of care regarding a presumption of innocence omitted in the official in-house embassy cable, which identifies one lieutenant colonel by name.) Yet shortly thereafter, said officer received a scholarship for continuing military education in the USA plus a desk job on his promotion to Panama City headquarters upon his return. This volte-face suggests Uncle Sam has sundry “Tailors of Panama” within local military ranks — village gossips who regularly deliver stories about competing peers which are rather economical with the truth. Or worse.

Little would appear to have changed since in the frontier no-man’s land — even with Washington´s darling SENAFRONT border police — where police code “Sierra 97” for absolute radio silence and “Eyes left!” is the norm for staff on routine border patrols: “Hear no evil, see no evil, speak no evil.” Even if Robert Lady is not about.

And dereliction of duty is not limited to border police. As commander in chief, Mr. Varela should be better advised: it reflects poorly on his credibility to keep kicking the can. In order to lead effectively, he needs face up to his duty to impose discipline among his civil and military subordinates — and not simply hope that problems go away by themselves. He is perceived as increasing police pay and perks just as levels of violence surge throughout Panama. Lest, in the tattler role he cultivated as vice president — wherein he rendered to US Embassy alarming reports on the canal expansion which he still refuses to share with his people — a less tactful diplomat might now remind him of Caesar’s divorce plea: “My wife ought not even to be under suspicion.”

Those of us who eat three square meals a day bear an obligation to those who do not, as well as to discharge it by bearing witness to the rule of law as it should be carried out — with probity.

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Cantus benefit for Spay Panama, December 13

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will the do The Birdor will the do The Dog

 

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CEPAL, Nuevo estudio sobre la economía regional indica desaceleración

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América Latina, región de contrastes. Foto de Caracas de WikiCommons.
América Latina, región de contrastes. Foto de Caracas de WikiCommons.

CEPAL llama a redoblar esfuerzos contra la pobreza y desigualdad en escenario de desaceleración

Un nuevo estudio sobre la economía regional

por CEPAL

La Comisión Económica para América Latina y el Caribe (CEPAL) llama a redoblar esfuerzos para abatir la pobreza y reducir la desigualdad en el actual contexto de desaceleración económica que vive la región en su último estudio titulado Desarrollo social inclusivo: una nueva generación de políticas para superar la pobreza y reducir la desigualdad en América Latina y el Caribe.

Este nuevo documento del organismo regional de las Naciones Unidas será presentado oficialmente, y analizado por autoridades y especialistas de la región, durante la Conferencia Regional sobre Desarrollo Social de América Latina y el Caribe, que se llevará a cabo entre el lunes 2 y el miércoles 4 de noviembre en Lima, Perú.

Según la CEPAL, América Latina y el Caribe logró en el último decenio avances notables en diversas áreas del desarrollo social, entre ellos, una significativa reducción de la pobreza y una moderada caída de la desigualdad como resultado de políticas sociales y de mercado de trabajo implementadas en un escenario económico favorable, que permitió que los objetivos relacionados con la inclusión social ganaran un espacio inédito en la agenda pública y en las estrategias de desarrollo.

Pero aún queda mucho camino por recorrer, enfatiza la Comisión, sobre todo considerando la actual coyuntura económica que augura dificultades para recuperar las tasas de crecimiento registradas en años anteriores y mantener el nivel del gasto público en algunos países.

La reducción de la pobreza se ha estancado desde 2012 y la indigencia muestra una leve tendencia al alza. Además, América Latina y el Caribe sigue siendo la región más desigual del mundo en términos de distribución del ingreso. Según las últimas estimaciones del organismo regional para 19 países de América Latina, en 2014 existían 167 millones de personas en situación de pobreza (28% del total de la población), de los cuales 71 millones (12% del total de la población) se encontraban en la indigencia.

Además, datos de 2013 indican que solo la mitad de la población de América Latina y el Caribe (49,1%) se encuentra fuera de las situaciones de indigencia, pobreza o vulnerabilidad a la pobreza. Los niños y niñas, las mujeres, los jóvenes, los adultos mayores, las personas con discapacidad, los pueblos indígenas y las poblaciones afrodescendientes son quienes más sufren situaciones de discriminación, carencia, privación de derechos o vulnerabilidad en la región, señala la CEPAL.

Según información recogida en encuestas de hogares de ocho países de América Latina en 2011, 7% de la población no indígena ni afrodescendiente es indigente o altamente vulnerable a la indigencia, porcentaje que se eleva a 11% en el caso de la población afrodescendiente y a 18% de los pueblos indígenas. De igual forma, mientras el 62% de la población no indígena ni afrodescendiente era considerada no vulnerable, esa cifra baja a 56% en el caso de la población afrodescendiente y a solo 33% en el de los pueblos indígenas.

En la misma línea, en la región las mujeres constituyen aproximadamente el 51% de la población total, pero solo acceden al 38% de la masa de ingresos monetarios que generan y perciben las personas, correspondiendo el otro 62% a los hombres.

“Entre los ámbitos de la sociedad que producen, exacerban o mitigan desigualdades, el más decisivo es el mundo del trabajo. Ahí se genera la mayor parte del ingreso de los hogares en América Latina y el Caribe, así como las desigualdades inherentes a su distribución”, explica el organismo en el documento.

Según cálculos realizados por la CEPAL con datos de 17 países de América Latina alrededor de 2013, los ingresos laborales representan en promedio 80% del ingreso total de los hogares; 74% del ingreso total de los hogares en situación de pobreza; y 64% en los hogares en situación de indigencia. La Comisión también estima que 18,9% del total de personas ocupadas recibe ingresos por debajo de la línea de pobreza en América Latina y el Caribe.

De acuerdo con el estudio, estas cifras demuestran que un alto porcentaje de personas en situación de pobreza e indigencia en la región está inserto en el mercado de trabajo; no obstante, los ingresos que obtienen de esta fuente son insuficientes para satisfacer sus necesidades. De ahí la importancia del acceso a un empleo productivo y de calidad y al trabajo decente.

En este marco, resulta crucial redoblar los esfuerzos para fortalecer y mejorar las políticas sociales, en particular, las estrategias de reducción de la pobreza y la extrema pobreza, asegurando su sostenibilidad financiera y dotándolas de herramientas que garanticen su eficacia y efectividad, indica la CEPAL.

De esta forma, el organismo llamó trabajar en las tres dimensiones del desarrollo sostenible: la económica, social y ambiental.

“Reducir sustantivamente la desigualdad es condición indispensable para reducir la pobreza. Lo social no se juega solo en lo social, sino que también en la economía, en la política y en el medioambiente. Tampoco la diversificación productiva y el cambio estructural se deciden solo en el campo económico: el desarrollo social inclusivo y la mejora de las condiciones de vida de la población son un requisito necesario para asegurar la prosperidad económica”, señala la Secretaria Ejecutiva de la CEPAL, Alicia Bárcena, en el prólogo del documento.

Aunque la región cumplió la meta establecida en el primero de los ocho Objetivos de Desarrollo del Milenio (ODM) de reducir a la mitad la indigencia en 2015 (comparado con los niveles de 1990), la CEPAL insiste en que es indispensable realizar esfuerzos significativos para cumplir los recién adoptados Objetivos de Desarrollo Sostenible (ODS), especialmente el primero que plantea erradicar la extrema pobreza en todas sus formas en 2030.

Además de ofrecer un diagnóstico de los avances recientes y los desafíos que persisten en materia de pobreza y desigualdad, el nuevo informe de la CEPAL analiza la institucionalidad a cargo de las políticas sociales y plantea orientaciones de política en diversos ámbitos clave para el desarrollo inclusivo.

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