Highlights:
-In the third quarter of 2018, the U.S. economy grew at an annualized rate of 3.5% after rising 4.2% in the second quarter. Growth remained strong, but its composition deteriorated, as inventories accounted for almost two-thirds of the growth. Growth was led by consumer spending, which contributed 2.45% to growth, down from 2.6% in the second quarter, and inventories, which contributed 2.3%.
-U.S. employers added 2,268,000 jobs from January to November 2018, more jobs than in 2017.
Unemployment rate held steady at 3.7% at the end of November, the lowest level since 1969, while year…
31 Ene 2018, 00:00 - 14 Oct 2025, 15:54
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Publicación
This paper examines the genesis and evolution of debt and debt overhang in the Caribbean with individual case studies, to extract lessons and make broad recommendations with regard to appropriate mechanisms and policy measures that can be implemented to reduce the debt burden of the subregion. The econometric model utilized in the paper has shown that a one percent increase on debt to GDP ratio causes a 0.015decline in real GDP growth for the countries in the Caribbean panel, suggesting that debt has a pernicious effect on growth on Caribbean economies. What is even more worrisome was that Car…
31 Ene 2018, 00:00 - 14 Oct 2025, 15:49
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Publicación
This study is intended to be exploratory in nature. It seeks a better understanding of i) how the OMU cluster emerged; ii) the characteristics of the offshore medical universities in the Caribbean cluster; iii) the contribution of the offshore medical universities to the economy of the host Caribbean countries; and iv) the prospects for enhancing the educational quality, and value added captured by the Caribbean in the medical value chain.…
13 Feb 2018, 00:00 - 14 Oct 2025, 15:54
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Publicación
The U.S. economic expansion remains on track and it has entered its ninth year. January marked the 103th month of growth for the U.S. economy. By May, the current economic expansion will become the second longest on record.1 The unemployment rate sits at 4.1%, the lowest level since December 2000, suggesting the economy has reached, or nearly reached, full capacity.…
23 Ene 2018, 00:00 - 14 Oct 2025, 15:54
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Noticias
Experts across the region agree that there is significant potential for strengthening the economic contribution of the music and film industries in Jamaica and the wider Caribbean. However, this can only be fully realized by learning from industry success factors and, more importantly, by addressing existing constraints.
These findings emerged from a newly published study from the Economic Commission for Latin America and the Caribbean (ECLAC) on “The Film and Music Sectors in Jamaica: Lessons from Case Studies of Successful Firms/Ventures”.
Success factors in the Caribbean’s m…
Liu Zhenmin, the United Nations Under-Secretary-General in charge of the Department of Economic and Social Affairs (DESA), met today with the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, and the directors of all the Commission’s divisions, in the framework of his visit to Chile.
During the meeting, both UN entities reaffirmed the cooperation ties that unite them and renewed their pledge to continue working together to help the global organization’s member countries to advance on fulfilling the 2030 Agenda and its 17 Sustainable Dev…
The distinguished US Economics Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute (in Santa Fe, New Mexico), Samuel Bowles, will give a keynote lecture at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, next Tuesday, March 13.
In the framework of a visit to Chile, Professor Bowles will offer a talk entitled “The Origins and Future of Economic Inequality: Institutions, Technology and Politics” at 11 a.m. in ECLAC’s Raúl Prebisch conference room. He will be welcomed by the Executive Secretary of the Unit…
El destacado Profesor de Economía estadounidense y Director del Programa de Ciencias del Comportamiento del Santa Fe Institute, Santa Fe, Nuevo México (Estados Unidos), Samuel Bowles, dictará una conferencia magistral en la sede de la Comisión Económica para América Latina y el Caribe (CEPAL) en Santiago, Chile, el próximo martes 13 de marzo.
En el marco de su visita a Chile, el Profesor Bowles ofrecerá una charla titulada “Los Orígenes y el Futuro de la Desigualdad Económica: Instituciones, Tecnología y Política” (The Origins and Future of Economic Inequality: Institutions, Technology and Pol…
LIU Zhenmin, Vicesecretario General de las Naciones Unidas a cargo del Departamento para Asuntos Económicos y Sociales (DESA, por sus siglas en inglés), se reunió hoy con la Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, y los directores de todas las divisiones de la Comisión, en el marco de la visita que realiza a Chile.
Durante la reunión, ambas entidades de la ONU reafirmaron los lazos de cooperación que los unen y renovaron su intención de continuar trabajando en conjunto para ayudar a los países miembros del organismo mundial a avanz…