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The Case for Economic Restructuring Post-COVID-19 in the Caribbean

1 Jun 2022 | Publication

Since the global crisis of 2008-2009, there has been less confidence in the primacy of markets to lead sustainable development among developing countries in general and small island developing States (SIDS) in particular. It is acknowledged that markets need discipline and an institutional context that can support private gains while reducing social costs and delivering less inequality. Prompted by declining competitiveness in leading sectors, and a commitment to addressing the United Nations Sustainable Development Goals (SDGs), governments in the subregion have been developing long-term plan…

Post-COVID-19 Inflation in the Caribbean

1 Jun 2022 | Publication

The COVID-19 pandemic was an economic shock in 2020 that led to a significant fall in aggregate demand around the world, as countries implemented different strategies (including the closure of borders) to slow the spread of the disease. The following year saw economies begin to reopen as restrictions were lifted, following widespread distribution of COVID-19 vaccines, and a reduction in mortality rates.…

Fostering Export Diversification and Structural Change in the Caribbean

1 Jun 2022 | Publication

As part of the repositioning of the economies of the subregion, economic diversification, and structural change are vital. To achieve these, the subregion must build the requisite economic resilience, among other things, and these must be buttressed by regional integration drivers and various forms of cooperation.…

Director's Desk: Post-COVID-19 Economic Aspects of Digital Transformation

1 Jun 2022 | Publication

The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on travel and tourism. The decisions now to be made by policy makers will determine if the countries are able to achieve the SDGs by 2030. They must decide whether to choose the business-as-usual path, or the path of structural transformation of their economies and societies.…

Towards construction of comprehensive care systems in Latin America and the Caribbean: Elements for their implementation

25 May 2022 | Publication

This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) and UN Women, has been conceived to serve as a guiding framework for those involved in the development of comprehensive national Care Systems as a pillar of social protection in the countries of the region. We believe that these systems should be designed from a human rights perspective, with particular emphasis on mainstreaming the gender perspective to achieve care models co-responsible between the State, the market, the community, and families, and between men and women.…

Child Labour Risk Identification Model: Methodology for designing preventive strategies at local level

25 May 2022 | Publication

Considering that it is imperative to provide reliable, comprehensive and timely data that serve as a basis to determine the priorities of national and sub-national action aimed at the prevention and elimination of child labour, the ILO Regional Office for the Americas promoted an alliance with the Economic Commission for Latin America and the Caribbean (ECLAC) in order to jointly generate tools and knowledge that enable the timely identification of children and adolescents who are on the path towards child labour. From this alliance, a tool with two methodologies emerged: the Child Labour Risk…

Social cohesion and inclusive social development in Latin America: A proposal for an era of uncertainties

20 May 2022 | Publication

What holds societies together? What identifies people and motivates them to live together voluntarily without the need for constant external coercion or immediate self-interest? At times of great uncertainty, crises and existential challenges, social cohesion assumes a central role in the progress of Latin American and Caribbean countries towards sustainable development. This publication examines the concept of social cohesion and offers an equality-centred theoretical approximation, a measurement framework for 18 of the region’s countries and a policy agenda for social cohesion, against a bac…

Development bank financing in the context of the COVID-19 crisis in Latin America and the Caribbean

18 May 2022 | Publication

The world’s financing needs multiplied rapidly from 2020 onward owing to the effects of a systemic crisis considered to have been the worst global crisis since the Second World War: that unleashed by the COVID-19 pandemic. Furthermore, flows from China, FDI and other inflows of international cooperation and multilateral resources which had been the largest in the region for some years fell back from their pre-pandemic levels. In this context, the debate about the fundamental role of development banks in alleviating market constraints in a crisis has come to the fore. The present study seeks to…

Preliminary overview of the economies of the Caribbean 2020–2021

13 May 2022 | Publication

This overview examines the economic performance of economies of the Caribbean in 2020 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter looks at areas of focus in the Caribbean. The third chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and a subregional assessment of the coun…

Natural Resources in Latin America and the Caribbean - No.3

9 May 2022 | Publication

In 2021, Latin America and the Caribbean saw an increase in the prices of the main export commodities, mainly as a result of the recovery in global demand following the impact of the COVID-19 pandemic. Issue No. 3 of the ECLAC Natural Resources in Latin America and the Caribbean Bulletin, prepared by the Natural Resources Division of ECLAC, offers an analysis of the movements in prices of non-renewable natural resources and agricultural products in Latin America and the Caribbean, considering the effects of climate change, the COVID-19 pandemic and sustainable economic recovery in the region. …

Regional policy brief on building urban economic resilience during and after COVID-19 in Latin America and the Caribbean

6 May 2022 | Publication

This document, prepared in the framework of the United Nations Development Account twelfth tranche residual balance (DAT12A) project “Building Urban Economic Resilience during and after COVID-19”, aims to provide a critical analysis of the challenges faced by Latin American and Caribbean countries amid the coronavirus disease (COVID-19) pandemic, and of the main elements that build economic and financial resilience. First, a detailed description of the project is given and the importance of economic and financial resilience is explained. The background and challenges in the region and the spec…

5334 search results. Displaying 20 per page.