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

1 Jun 2022 | Publicación

Área(s) de trabajo

Economic development Social development Sustainable development and human settlements

Tema(s)

Structural change COVID-19 Economic growth Sustainable development Youth

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

  • Tipo de publicación: Revista FOCUS
  • Autor: Alleyne, Dillon
  • Autor corporativo de la publicación (Autor institucional): CDCC
  • Descripción física: páginas. 8-9, 12
  • Editorial: ECLAC, Subregional Headquarters for the Caribbean
  • Fecha: 1 de Junio de 2022
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Resumen

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 plans aimed at economic change.

ODS(s)

8. Decent work and economic growth 17. Partnership for the goals