The Economy of Latin America and the Caribbean Analytical Essay by Calwriter

This paper discusses the Economic Commission for Latin America and the Caribbean (ECLAC), which has been the main source of information and analysis of that area. A subsidiary organization of the United Nations Economic and Social Council, it was founded for the purposes of contributing to the economic development of Latin America and to reinforce economic relationships among the other nations of the world. The paper explains that the organization is guided by rules that govern its purpose. The paper outlines and examines these mandates: reinforcing economic relationships among the member countries and with the other nations of the world; promoting economic and social development; gathering information by organizing, interpreting, and distributing information about the region; providing advice to governments; promoting and executing cooperation for member country developments; organizing meetings, workshops, and conferences; and communicating global concerns to the region and regional concerns globally.