This survey provides an overview of the economic performance of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and Trinidad and Tobago, together with the eight member countries of the Eastern Caribbean Currency Union (ECCU) countries for 2010 and their outlook for 2011. The first section is a summary of the main issues raised in the report including an assessment of the economic prospects for 2011. Chapter II analyses the impact of the global economy on the subregion then provides a comparative analysis of the GDP and sectoral growth performance. This is followed by the subsection on…
The mission was made at the request of the Jamaican Government, undertaken with the UNDP
with a group of multi-sectoral, inter-institutional group of experts and consultants that assessed
the damage following ECLAC's methodology for the evaluation of the socio-economic and
environmental impact of disasters 2 and prepared a report with the assistance of the Planning
Institute of Jamaica. The report was presented on 19 October 2004 to the Minister of Finance for
their consideration in organizing the reconstruction process, establish additional resources needed
for the country and adopt miti…
This survey provides an overview of the macroeconomic performance of countries of the Caribbean Development and Cooperation Committee (CDCC) for the year 2006 and their outlook for 2007. The report consists of three chapters. The first one provides a regional analysis of the main economic indicators from a comparative perspective. The second chapter deals with two selected topics of particular relevance for the economic development of Caribbean countries, namely remittances and migration, and natural resources dependency. The last chapter presents country briefs with the main macroeconomic dev…
Introduction
With its programme of assistance to the Caribbean, the Economic Commission for Latin
America and the Caribbean (ECLAC); Subregional Headquarters for the Caribbean has prepared
these economic profiles for 26 independent and non-independent countries of the Caribbean
subregion. These countries are: Anguilla, Antigua and Barbuda, Aruba, the Bahamas,
Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominica,
Dominican Republic, Grenada, Guyana, Jamaica, Haiti, Montserrat, Netherlands Antilles,
Puerto Rico, St. Kitts and Nevis, Saint Lucia, St. Vincent and the G…
The U.S labor market is tight and is expected to return to full employment in 2017. However, productivity has risen less than 1% for six consecutive years. Sluggish productivity has implications for wage growth, which has been low by historical standards during this economic recovery. Wage growth seems to be already picking up, though, as the economy continues to advance. Average hourly earnings for private-sector workers rose 2.9% in December 2016 from a year earlier. That was the strongest growth of the current expansion.
Inflation has been low for the past four years. However, as the expans…
(17 May 2012) The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) Alicia Bárcena concluded her official visit to the Republic of Korea on Wednesday, during which she met with authorities of this Asian country and participated in the 2012 High-Level Forum on Korea-Latin American and Caribbean Partnership.
The United Nations high-level official held a meeting with Keun Ho Jang, Director-General for Latin American and Caribbean Affairs Bureau of the Ministry of Foreign Affairs and Trade of Korea, as well as with other authorities, with whom she reaffirme…
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…
On an official visit to Chile, the Speaker of the Swedish Parliament Urban Ahlin participated on Monday, March 7 in a round table at the headquarters of the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, in which they addressed the region’s economic, social and environmental challenges.
The senior official and his delegation, formed by Kiefer Jakob, Sweden’s Ambassador to Chile and other representatives of the Swedish Parliament, the Embassy of Sweden in Chile and the Chilean-Swedish Institute of Culture, were received by ECLAC’s Deputy Executive Secretary, Antoni…
This publication is a contribution by the Economic Commission for Latin America and the Caribbean (ECLAC) to the analysis of trade and investment relations between the United States of America and Latin America and the Caribbean, on the occasion of the visit of President Barack Obama to Brazil, Chile and El Salvador in March 2011. The early years of this new decade have brought good news for Latin America and the Caribbean. The region weathered the international crisis with unprecedented resilience and emerged from it sooner and more strongly than the developed economies. It grew by 6%…
Bangkok (ESCAP News) – Developing economies in the Asia-Pacific region continue to fare well in comparison to the rest of the world, but structural weaknesses constrain growth prospects, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in its latest regional macroeconomic outlook report released today, emphasizing that more inclusive economic growth is key to ensuring sustainable prosperity for all.
Growth in the region’s developing nations will increase only slightly, to 5.9 per cent in 2015 from 5.8 per cent last year, with no significant change expecte…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, will present on Tuesday, August 31 the Economic Survey of Latin America and the Caribbean 2021: Labour dynamics and employment policies for sustainable and inclusive recovery beyond the COVID-19 crisis, one of the institution’s most important flagship annual reports, which takes stock of the region’s economies in the last year, especially regarding the impact of the COVID-19 crisis, and provides outlooks for 2021 and 2022.
The latest iteration of this document – which has been publis…
The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Thursday, December 17 its Preliminary Overview of the Economies of Latin America and the Caribbean 2015, in which it will provide the latest growth estimates for the region’s countries in 2015 and projections for next year.
Alicia Bárcena, ECLAC’s Executive Secretary, will give a press conference to present the report at the Commission’s headquarters in Santiago, Chile, at 11:00 a.m. local time. The event will also be broadcast live on the Internet via the institution’s Web site.
The Preliminary Overview of the…
The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Tuesday, October 6 its Economic Survey of Latin America and the Caribbean 2020: Main conditioning factors of fiscal and monetary policies in the post-COVID-19 era, the institution’s flagship annual economic report, which takes stock of the region’s economies in the last year, with special emphasis on the impact of the COVID-19 crisis, and examines the prospects for the coming months.
The latest edition of this document – published by the United Nations regional commission since 1948 – will present an analysis o…
In its latest edition, the Foreign Direct Investment in Latin America and the Caribbean report analyzes in-depth the FDI received by the Caribbean, where these flows are much more significant than in the rest of the region as a proportion of Gross Domestic Product (GDP). The study also examines the impact of FDI on the environment, which has not been measured or regulated sufficiently by countries in the region…
De visita en Chile, el Presidente del Parlamento sueco, Urban Ahlin, participó el lunes 7 de marzo en una mesa redonda en la sede de la Comisión Económica para América Latina y el Caribe (CEPAL) en Santiago, en la que se abordaron los desafíos económicos, sociales y ambientales de la región.
El alto funcionario y su delegación, integrada por Kiefer Jakob, Embajador de Suecia en Chile, y otros representantes del Parlamento sueco, la Embajada de Suecia en Chile y el Instituto Chileno Sueco de Cultura, fueron recibidos por el Secretario Ejecutivo Adjunto de la CEPAL, Antonio Prado, quien enc…
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…
Esta publicación es una contribución de la Comisión Económica para América Latina
y el Caribe (CEPAL); al análisis de las relaciones comerciales y de inversiones entre los Estados Unidos y
América Latina y el Caribe, con motivo de la visita del Presidente Barack Obama al Brasil, Chile y El Salvador
en marzo de 2011. Los primeros años de esta nueva década han sido portadores de buenas noticias para
América Latina y el Caribe. La región ha demostrado una capacidad de recuperación sin precedentes
frente a la crisis internacional, de la que ha salido antes y con más pujanza que las economías
des…
(17 de mayo, 2012) La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, finalizó el miércoles una visita oficial a la República de Corea, en la cual sostuvo encuentros con autoridades de ese país asiático y participó en el Foro de Alto Nivel para la Cooperación Corea-América Latina y el Caribe 2012.
La alta funcionaria de las Naciones Unidas se entrevistó con Keun Ho Jang, Director General para Asuntos de América Latina y el Caribe del Ministerio de Relaciones Exteriores y Comercio de Corea, y otras autoridades con las que reafirmó el progra…
Preface This study was prepared for the Government of Jamaica following the significant physical damage and economic losses that the country sustained as a result of flood rains associated with the development of Hurricane Michelle. The Planning Institute of Jamaica (PIOJ) submitted a request for assistance in undertaking a social, environmental and economic impact assessment to the Economic Commission for Latin America and the Caribbean (ECLAC) on 14 November 2001. ECLAC responded with haste and modified its work plan to accommodate the request. A request for training in the use of th…