This survey examines the economic performance of economies of the Caribbean in 2021 and the first few months of 2022 and comprises five chapters. The first chapter gives an overview of global, regional and subregional economic performance in the Caribbean. The second provides an analysis of the subregion’s fiscal performance and debt burden. The third looks at monetary policy and their impacts. The fourth is focused on the external sector, while the fifth concludes.…
En este libro se presenta un análisis comparativo de las respuestas de política de los países en desarrollo de África, Asia y América Latina y el Caribe a los retos que una mayor apertura financiera externa y la flexibilidad de los precios y el tipo de cambio plantean a la estabilidad económica. La mayor apertura externa ha reducido considerablemente el margen normativo de las economías en desarrollo y, al mismo tiempo, ha aumentado el potencial de fragilidad e inestabilidad financieras. Estos retos, que han pasado a un primer plano desde la crisis financiera mundial de 2008-2009, también se m…
The Joint Program “Support for the development of an Integrated National Financing Framework for the SDGs in Cuba” (CIFFRA) is part of the more than 60 experiences implemented worldwide to finance the 2030 Agenda under the global framework agreed upon by world leaders in Addis Ababa, Ethiopia in 2015. CIFFRA is part of the initiatives funded by the Joint SDG Fund of the United Nations System (Joint SDG Fund).
CIFFRA Policy Notes represent an effort by the project's Technical Committee to document, executively, its main progress, results and messages. This first note is dedicated t…
This overview examines the economic performance of economies of the Caribbean in 2021 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, and a subregional assessment of the countries of the Eastern Caribbean Currenc…
This book presents a comparative analysis of the policy responses of developing countries in Africa, Asia and Latin America and the Caribbean to the challenges that greater external financial openness and price and exchange-rate flexibility pose to economic stability. Greater external openness has significantly narrowed developing economies’ policy space, while at the same time increasing the potential for financial fragility and instability. These challenges, which have come to the fore since the global financial crisis of 2008–2009, are also manifest in the profound impact of the COVID-19 pa…
Los bonos de impacto son un innovador mecanismo de financiamiento que busca atraer inversión privada hacia políticas públicas sociales, con énfasis en intervenciones preventivas o de atención temprana parala salud, la educación y la administración de justicia. Asimismo, ofrecen la posibilidad de compartir algunos de los riesgos inherentes a la innovación de políticas, y su financiamiento, con inversionistas privados.
Destacando el potencial de los bonos de impacto como un mecanismo para encontrar soluciones innovadoras a los desafíos de la política social, este documento evalúa el papel de los…
United States trade in goods sustained the recovery that began in 2021. In the first six months of 2022, goods exports increased by 21% compared to the prior-year period, while goods imports rose by 22%. Trade in services has not fully recovered, as major service industries such as travel and transport are still experiencing the lingering effects of the COVID-19 pandemic.
United States-Latin America and the Caribbean Trade Developments 2022 provides an overview of selected developments in trade relations between the United States and Latin America and the Caribbean. In light of the global focu…
The United States economy grew by 2.9% in the third quarter of 2022, a sharp turnaround following two quarters of contraction. Trade was the main source of growth, followed by consumer spending. The labour market averaged 392,000 new jobs per month from January–November 2022, with 4.3 million new jobs created in the period. Inflation rose by 7.1% in November, the slowest 12-month pace since December 2021, closing out a year in which it climbed to the highest level in four decades. The rapid pace of price increases in 2022 added pressure on the Federal Reserve to tame inflation by raising inter…
Naciones Unidas