Los países de América Latina y el Caribe enfrentan un panorama económico desafiante en 2023. En el frente externo se espera una mayor desaceleración tanto del crecimiento como del comercio mundial, precios de productos básicos más bajos que en 2022 y condiciones financieras a nivel mundial que seguirán influidas por la aversión al riesgo y las políticas monetarias restrictivas en los países desarrollados.…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), José Manuel Salazar-Xirinachs, proposed cluster-based policies as a powerful instrument to promote growth and productive diversification to help pull the region out of the prolonged, development crisis that has impeded high, sustained and sustainable growth in the last decades, except in cases of price bonanzas in primary products.
The United Nations senior official is in Davos, Switzerland for the 2023 World Economic Forum Annual Meeting (WEF) from January 16-20. The 53rd edition brings together th…
El Secretario Ejecutivo de la Comisión Económica para América Latina y el Caribe (CEPAL), José Manuel Salazar-Xirinachs, propuso la implementación de políticas basadas en clusters como instrumento poderoso para promover el crecimiento y la diversificación productiva, que ayuden a sacar a la región de la prolongada crisis de desarrollo que la caracteriza y que le ha impedido crecer de manera elevada, sostenida y sostenible en las últimas décadas, excepto cuando ha habido bonanzas en los precios de los productos primarios.
El alto funcionario de las Naciones Unidas se encuentra en Davos, Suiza,…
O Secretário Executivo da Comissão Econômica para a América Latina e o Caribe (CEPAL), José Manuel Salazar-Xirinachs, propôs a implementação de políticas baseadas em clusters como instrumento poderoso para promover o crescimento e a diversificação produtiva, que ajudem a tirar a região da prolongada crise de desenvolvimento que a caracteriza e que a impediu de crescer de maneira elevada, sustentada e sustentável nas últimas décadas, exceto quando houve bonanças nos preços dos produtos primários.
O alto funcionário das Nações Unidas participou na Reunião Anual 2023 do Fórum Econômico Mundial (W…
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…
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…
United States economic outlook: third quarter of 2022
The United States economy rose 2.9% in the third quarter of 2022, a sharp turnaround following two quarters of contraction. Here is the economic outlook in five charts:…
The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on tourism. As a result, the Caribbean has seen a reversal of the hard-won gains achieved in growing their economies and reducing unemployment and inequality. The inflation stemming from pandemic supply chain disruption, which has been exacerbated by the war in Ukraine, has made the sustained uptick in economic performance beyond pre-pandemic levels unlikely, notwithstanding strong growth estimates for 2021 and 2022. The last two years have taught the region that continued ‘business as usual’ is…