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In 2021, economic growth in the United States was the strongest since 1984 (5.7%) but in the first quarter of 2022 the economy contracted. Here is the economic outlook in five charts:…
Economic growth in the United States slowed to a 2.1% annual rate in the third quarter of 2021, from a 6.7% annual rate in the second.…
Capital Flows to Latin America and the Caribbean—First four months of 2021 Latin American and Caribbean debt issuers reached a milestone in the first quarter of 2021, registering the highest quarterly issuance on record in international bond markets. In the first four months of 2021, the total reached US$ 65.5 billion.…
The United States economy contracted at a 3.5% annual rate in 2020; faster growth is expected in 2021.…
Global financial conditions have shown signs of stabilization since end of March, due to the action of the major central banks.…
In the context of the ECLAC-BMZ/giz Cooperation Program Sustainable development paths for middle-income countries in the framework of the 2030 Agenda for sustainable development in Latin America and the Caribbean , a virtual workshop on emerging occupations and regulation of platform work in Costa Rica was organized on June 4th, 2020. The workshop was part of the work being carried out in Cluster 2 on digital change of the current ECLAC-BMZ/giz Cooperation Program.…
The U.S. economy grew 2.3% in 2019; a recession is expected in 2020.…
This webinar is part of a series of virtual events organized by the GADeR-ALC Gender and Energy+ Workstream to bring the different topics together and which propose to incorporate the innovative and disruptive gender approach in different parts of Latin America.…
The U.S. economy slowed from around 3% annualized growth in 2018 to 2% in 2019.…
In the first quarter of 2019 the U.S. economy grew at an above-trend annualized rate of 3.1%…
The U.S. debt burden became heavier as a result of the unprecedented policy response to the global financial crisis and economic recession, and it has continued to grow.…
Representatives of the governments of Argentina, Chile and the Dominican Republic participated in the side event on Technological Revolution: Challenges and Opportunities for Industry, Employment, Gender Equality and Social Development , which took place on Wednesday, April 24th, 2020. The event was organized by the Divisions of Social Development (DDS), Production and Enterprise Development (DPPE), Economic Development (DDE) and Gender Affairs (DAG) with the support of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).…
In its annual publication “Fiscal Panorama of Latin America and the Caribbean 2019,” ECLAC highlights the role of tax policy in fulfilling the 2030 Agenda for Sustainable Development. The second publication, The Latin American Economic Outlook (LEO) analyses issues related to sustainable and inclusive development in Latin America and the Caribbean.…
The U.S. economic expansion, which is in its tenth year, is approaching record length but not strength. November marked the 113th month of growth for the U.S. economy, and there have been 38 consecutive quarters of growth. This is the second longest expansion on record, only the 1991-2001 expansion is longer, and it is expected to continue into next year and become the longest on record.…
On March 21st, 2018, as part of its 2018 presidency, Argentina hosted the G20 Conference “G20 and Locally Focused Banks – Good for Sustainable Societies” organized by the World Savings and Retail Banking Institute (WSBI). Esteban Pérez from ECLAC’s Financing for Development Unit, who is currently carrying out a project on financial inclusion of SMEs and development bank innovation policies, participated in “Panel 2: Building a Financial Business Ecosystem in the Digital Age” that is summarized below. Panel 2: Building a Financial Business Ecosyst…
A regional study analyzing the state of financial inclusion of SMEs in seven Latin American countries, and the role of development banks in improving it through innovative practices and focused financial instruments, has been elaborated as part of the similarly titled project headed by the Financing for Development Unit at ECLAC. As of date, the regional report has been published in both Spanish and its original language, Portuguese. It brings together the main findings from the seven country cases studies—Argentina, Brazil, Colombia, Costa Rica, Ecuador, Mexico and Peru—and supplements them …
On the 18th and 19th of October 2017 ECLAC welcomed leaders of Latin American development banks, central banks, government policy makers and other international experts for a constructive discussion on financial inclusion of SMEs in Latin America at its headquarters in Santiago, Chile.…
October 2017 | ECLAC OFFICE IN WASHINGTON, D.C. (STUDIES AND RESEARCH PAPERS)…
The main guidelines of ECLAC’s project on financial inclusion of SMEs and the case study of Argentina were presented during a Day on Regional Economic Development in Chaco, Argentina, organized by the Economic and Social Council of the Province of Chaco.…