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Compacts for equality

Towards a sustainable future

image of Compacts for equality
Compacts for Equality: Towards a Sustainable Future is presented by ECLAC to the States members at the thirty-fifth session of the Commission (Lima, 5 - 9 May 2014). In this third volume, the aim of equality dovetails with development that is more economically, socially and environmentally sustainable in the medium and long terms in Latin America and the Caribbean. This new proposal firmly embraces the gender perspective, natural resource governance and the dynamics of labour and consumption, and advocates medium- and long-term social covenants, engaging a broad range of actors in the exercise of citizenship, as a condition for successful development.

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Equality and sustainability at the current development crossroads in Latin America and the Caribbean

The Latin American and Caribbean region has, with considerable variation between countries, a mix of structures and institutions that produces highly segmented low-productivity economies, as well as societies with inequalities of means, capacities, relational networks and reciprocal recognition. The combination of poorly diversified structures, with few knowledge-intensive activities, and inefficient institutions that are often controlled by powerful economic and political interests leads to a primary “i.e. market-driven” distribution of resources that is highly unequal and, in turn, only marginally shaped by fiscal and social policies. Sharp inequality is not confined to means and resources, but rather encompasses various dimensions of wellbeing and individual capacities and permeates the relationships that these individuals form. Although the region has made major strides towards greater equality over the past decade, that progress is fragile. This recognition is the starting point; the challenge for the next decade is to move towards a new combination of structures and institutions capable of generating increasing levels of productivity and equality, in the framework of development with sustainability in different dimensions.

English

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