Over the last 35 years the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has assessed major disasters in the Latin American region. Based on those exercises, which that have been conducted in a systematic manner using an evolving but comparable methodology over the years1, there is now historical evidence of the economic consequences these events have on the region's economies. This evidence-based approach sheds light on the link between economic performance, development dynamics and how disasters, as external shocks, generate lingering…
En 2008 el PIB real de El Salvador creció 2,5%, dos puntos porcentuales menos que en 2007, mientras que el PIB por habitante aumentó 0,9%, la tercera parte de la cifra registrada el año anterior. Al igual que en 2007, el sector de la agricultura presentó el mayor dinamismo. El Salvador: Economic evolution during 2008 and perspectives for 2009 Abstract: In 2008, the real GDP of El Salvador grew by 2,5%, two percentage points less than in 2007, while the GDP per inhabitant increased by 0,9%, equalling a third of the figure registered the previous year. Just like in 2007, the agricultu…
En 2008 la economía panameña mantuvo el intenso ritmo de crecimiento del PIB real y se expandió 9,2%, a pesar de haber desacelerado frente al 11,5% de 2007. El sector público no financiero (SPNF) registró un ligero superávit equivalente a 0,4% del PIB, cifra inferior al 3,5% registrado en 2007. Este resultado obedece a la reducción en la recaudación de fondos y el aumento de gastos corrientes para mitigar los efectos del alza de precios de los alimentos y el petróleo en el primer semestre del año. Panama: Economic evolution during 2008 and perspectives for 2009 Abstract: In 2008, …
En 2008 la economía hondureña se expandió 4%, 2,3 puntos porcentuales por debajo de la tasa registrada en 2007. El crecimiento sectorial fue muy heterogéneo: las actividades con mayor dinamismo fueron la intermediación financiera (18,1%) y las comunicaciones (14%). La inflación interanual alcanzó 10,8%, impulsada principalmente por el alza en los precios internacionales de los alimentos y el petróleo. Gracias al tipo de cambio de paridad móvil imperante, Honduras pudo amortiguar parcialmente el aumento de la inflación. Honduras: Economic evolution during 2008 and perspectives for 2009…
This paper examines four hypotheses: (i); in Brazil, as in otherperipheral countries in the post-crisis context, a policy choice appears tohave been made for a flexible exchange rate within a currency band ( dirtyfloat );; (ii); the underlying reasons for this policy appear to have more to dowith pass-through of exchange-rate variations and precautionary demandfor reserves than with the maintenance of a competitive real exchangerate; (iii); in the country's peculiar situation, considerable capital mobility isconjoined with large and liquid financial derivatives markets and a res…
This survey provides an overview of the economic performance of countries of the Caribbean
Community (CARICOM) for the year 2008 and their outlook for 2009. The report comprises
three chapters. The first provides a regional comparative analysis of the main macroeconomic
variables, namely GDP growth, inflation, fiscal and external accounts, as well as fiscal,
monetary and other policies, particularly those specifically devised to cope with the ongoing
global economic crisis. The second chapter deals with two topics relevant for economic
development in the region: economic growth and small and m…