Declining economic growth and competitiveness, the impact of the 2007–2009 global financial crisis, and the challenge of climate change and extreme weather events have hindered the sustainable development of Caribbean economies, the generation of sustained welfare gains and the achievement of key Sustainable Development Goals (SDGs). Moreover, the COVID-19 pandemic has exacerbated the subregion’s vulnerability to the vagaries of global aggregate demand and commodity prices, which have largely driven the subregion’s debt upwards and dampened economic growth before its onset, compromising its ec…
Although the notion of a circular economy (CE) has been conceived and debated for more than half a century
(Henrysson and Nuur, 2021), it has gained considerable popularity in the lexicon of economists, ecologists and
other development thinkers over the past two decades. The increasing evidence of the existential threat of
human-induced climate change and the related imperatives of decarbonizing the global economy, have led to greater focus on strategies for a more sustainable use of the natural and environmental resource base.…
A disaster can cause countries to lose the economic and social ground that they have worked for decades to gain and can have even more severe impacts on the most vulnerable groups in their populations. The extent of its impacts will depend on the countries’ ability to identify and address their vulnerabilities.
This study, which is intended for use by policymakers, in particular, explores the ways in which development planning can lay the foundation for a comprehensive transition from disaster management to disaster risk management. It advocates the adoption of system-based approaches, in keep…
En este documento se estiman los efectos e impactos de la pandemia de enfermedad por coronavirus (COVID-19) en el sector del turismo receptor de los países del Caribe, Centroamérica y México y América del Sur, utilizando la metodología DaLA. Debido a la incertidumbre sobre la duración de la pandemia, se esperan pérdidas por varios años. Entre 2020 y 2023 las pérdidas acumuladas de estas subregiones oscilarán entre 53.000 millones y 75.400 millones de dólares en el Caribe; entre 69.100 millones y 89.200 millones de dólares en Centroamérica y México, y entre 53.000 millones y 72.400 millones de …