The Regional Seminar on Fiscal Policy, one of the main points of reference for discussing issues related to Latin American and Caribbean countries’ public finances, will hold its 30th session in 2018.
The event, organized by the Economic Commission for Latin America and the Caribbean (ECLAC) with support from the International Monetary Fund (IMF), the World Bank, the Inter-American Development Bank (IDB) and the Organisation for Economic Co-operation and Development (OECD), will be held on March 26 and 27 at ECLAC’s central headquarters in Santiago, Chile.
The meeting, which is also sponsore…
Este documento presenta un balance preliminar de las economías de Centroamérica (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua y Panamá) y la República Dominicana (CARD) en 2017 y ofrece perspectivas para 2018. Es un análisis de coyuntura elaborado por la Unidad de Desarrollo Económico (UDE) de la Sede Subregional de la Comisión Económica para América Latina y el Caribe (CEPAL) en México, con información disponible al 30 de enero de 2018.…
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…