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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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Politics, policy and the importance of compacts

A social compact is a political instrument for putting into place, within a democratic framework, institutional reforms and policies such as those that the countries of Latin America and the Caribbean need at the development crossroads they have now reached. Through social dialogue, it provides a way of broadening the horizon of political and policy actions. As framed in this document, equality is the core value underpinning that horizon, and structural change with innovation and environmental sustainability are the pillars that, together, must drive equality forward. A social compact is, moreover, especially important now because the region is approaching a crossroads at which slowing growth in trade and consumption could call for bold decisions regarding social protection, investment and fiscal policy.

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