This survey examines the economic performance of economies of the Caribbean in 2019 and the first half of 2020 and comprises six chapters. The first chapter gives an overview of global, regional and subregional economic performance in the Caribbean. The second provides an analysis of the subregion’s fiscal performance and debt burden. The third looks at monetary policy and their imapcts. The fourth is focused on the external sector. The fifth chapter focuses on the COVID-19 lockdown measures implemented globally as well as in Caribbean countries and their impact on the tourism and energy secto…
The coronavirus disease (COVID-19) pandemic has magnified structural gaps in the region’s countries while also increasing their financing needs to confront the emergency, and it has prompted a rise in debt levels that jeopardizes the recovery and countries’ capacity to achieve a sustainable rebuilding with equality, the Economic Commission for Latin America and the Caribbean (ECLAC) indicated today.
During a virtual meeting with the Latin American and Caribbean member countries of ECLAC, the United Nations organization’s Executive Secretary, Alicia Bárcena, presented the institution’s Special …
La pandemia de la enfermedad por coronavirus (COVID-19) ha magnificado las brechas estructurales de los países de la región, al tiempo que ha ampliado sus necesidades financieras para afrontar la emergencia y ha generado un aumento de los niveles de endeudamiento que pone en peligro la recuperación y la capacidad de los países para una reconstrucción sostenible y con igualdad, afirmó hoy la Comisión Económica para América Latina y el Caribe (CEPAL).
Durante una reunión virtual con los países de América Latina y el Caribe miembros de la CEPAL, la Secretaria Ejecutiva del organismo de las Nacion…
A pandemia da doença pelo coronavírus (COVID-19) tem ampliado as brechas estruturais dos países da região, ao mesmo tempo em que amplia suas necessidades financeiras para enfrentar a emergência e gera um aumento dos níveis de endividamento que coloca em perigo a recuperação e a capacidade dos países para uma reconstrução sustentável e com igualdade, afirmou hoje a Comissão Econômica para a América Latina e o Caribe (CEPAL).
Durante uma reunião virtual com os países da América Latina e do Caribe membros da CEPAL, a Secretária-Executiva da Comissão regional das Nações Unidas, Alicia Bárcena, apr…
In 2020, the Latin American and Caribbean region faced the worst crisis on historical record and the sharpest economic contraction (-7.7% and -20%, respectively, in GDP and investment growth for 2020) within the developing world. The available data also show that the contraction of investment relative to that of GDP was greater in Latin America and the Caribbean than in other developing regions.
The pandemic has magnified the structural and institutional gaps of Latin America and the Caribbean. The crisis has severely impacted productive structures, resulting in the closure of more than 2.7 mi…
En 2020, América Latina y el Caribe se enfrentó a la peor crisis de la que se tenga constancia y a la mayor contracción económica del mundo en desarrollo (el PIB y la inversión se redujeron un 7,7% y un 20%, respectivamente). Los datos disponibles también muestran que la caída de la inversión respecto de la del PIB fue mayor en América Latina y el Caribe que en otras regiones en desarrollo.
La pandemia de enfermedad por coronavirus (COVID-19) ha profundizado las brechas estructurales e institucionales de América Latina y el Caribe. La crisis ha afectado gravemente las estructuras productivas y…
Capital flows to Latin America and the Caribbean: 2020 year-in-review in times of COVID-19 presents and analyses the developments concerning capital flows to Latin America and the Caribbean in 2020. This report is published three times a year and provides an overview of bond issuances from Latin American and Caribbean issuers, including of green, social and sustainability bonds, as well as bond spreads and credit ratings.…
The countries of Latin America and the Caribbean will hold on March 15-18, 2021 the fourth meeting of the Forum on Sustainable Development, in which representatives of governments, international institutions, the private sector, academia and civil society will review the progress and challenges related to implementation of the 2030 Agenda for Sustainable Development in the region.
This gathering, to be held virtually for the first time, will be inaugurated on Tuesday, March 16 at 8 a.m. local time in Costa Rica (GMT-6) by Carlos Alvarado, the President of Costa Rica, which currently holds ECLA…
Los países de América Latina y el Caribe celebrarán del 15 al 18 de marzo de 2021 la cuarta reunión del Foro sobre el Desarrollo Sostenible, en la que representantes de gobiernos, instituciones internacionales, sector privado, academia y sociedad civil revisarán los avances y desafíos de la implementación de la Agenda 2030 para el Desarrollo Sostenible en la región.
El evento, que por primera vez se realizará de manera virtual, será inaugurado el martes 16 de marzo a las 08:00 a.m. hora de Costa Rica (GMT-6) por Carlos Alvarado, Presidente de Costa Rica, país que ejerce la presidencia pro témp…
Os países da América Latina e do Caribe realizarão a quarta reunião do Fórum sobre o Desenvolvimento Sustentável de 15 a 18 de março de 2021, onde representantes de governos, instituições internacionais, do setor privado, do meio acadêmico e da sociedade civil analisarão os avanços e os desafios da implementação da Agenda 2030 para o Desenvolvimento Sustentável na região.
O evento, que pela primeira vez será realizado de forma virtual, será inaugurado na terça-feira, 16 de março às 8:00 a.m., hora da Costa Rica (GMT-6), por Carlos Alvarado, Presidente da Costa Rica, país que exerce a presidênc…
“The current health and climate crises are the result of an unsustainable development model. Both are global public ills. They arise from the destruction of nature and require collective, simultaneous action along with international cooperation,” underscored Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), during a virtual keynote lecture organized by the Oxford University International Development Department (United Kingdom).
The current development model, explained Bárcena, is associated with, among other things, a falling rate of pr…
“La actuales crisis sanitaria y climática son el resultado de un modelo de desarrollo insostenible. Ambas son males públicos globales. Surgen del abuso de la naturaleza y requieren de una acción colectiva y simultánea, y de la cooperación internacional”, subrayó hoy Alicia Bárcena, Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), durante una conferencia magistral virtual organizada por el Departamento de Desarrollo Internacional de la Universidad de Oxford (Reino Unido).
El actual modelo de desarrollo, explicó Bárcena, está asociado, entre otras cosas, a u…
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