The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, called on the region’s countries to implement universal, redistributive and solidarity-based policies to avoid another lost decade, during a virtual meeting on the role of Social Development Ministries and equivalent agencies in the face of the crisis that the world and the region are undergoing due to the COVID-19 pandemic.
The first gathering of this kind convened 13 Latin American countries, and the second one will be held with English- and French-speaking Caribbean countries. Bot…
La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, llamó hoy a los países de la región a implementar políticas universales, redistributivas y solidarias para evitar otra década perdida, durante una reunión virtual sobre el rol de los Ministerios de Desarrollo Social y entidades equivalentes frente a la actual crisis que está viviendo el mundo y la región producto de la pandemia del COVID-19.
El primer encuentro convocó a trece países de América Latina. El segundo encuentro será con los países del Caribe de habla inglesa y francesa, ambos o…
Todo parece una gigantesca equivocación. Todo ha pasado como no debería haber pasado, decimos para consolarnos. Pero somos nosotros los equivocados, no la historia. Tenemos que aprender a mirar cara a cara a la realidad. Inventar si es preciso, palabras nuevas e ideas nuevas, para estas nuevas y extrañas realidades que nos han salido al paso. Pensar es el primer deber de la inteligencia. Y en ciertos casos, el único.
Octavio Paz
El Laberinto de la Soledad
Es verdad que la historia registra antes el paso devastador de grandes pandemias, pero ninguna irrumpió en un mundo tan poblado (más …
The report Capital Flows to Latin America and the Caribbean: 2019 Year-in-Review, recently released by ECLAC’s Office in Washington D.C., reviews the main 2019 trends in capital flows to the region. According to the study, lowering global interest rates supported Latin American and Caribbean (LAC) bond activity in 2019. Borrowers enjoyed easy financing conditions, as interest rate cuts from the U.S. Federal Reserve and the European Central Bank allowed them to issue foreign currency denominated bonds at increasingly low rates.
Mexican, Brazilian and Chilean borrowers were the main contributor…
El informe Flujos de capital hacia América Latina y el Caribe. Resumen del año 2019 (disponible solo en inglés), difundido recientemente por la Oficina de la CEPAL en Washington, repasa las principales tendencias de 2019 respecto de los flujos de capital hacia la región. Según el estudio, las tasas de interés globales a la baja apoyaron la actividad de bonos en América Latina y el Caribe en 2019. Los prestatarios gozaron de condiciones de financiamiento fáciles, ya que las reducciones en las tasas de interés hechas por la Reserva Federal de los Estados Unidos y el Banco Central Europeo permiti…
O relatório Fluxos de capital para a América Latina e o Caribe. Resumo de 2019 (disponível somente em inglês), difundido recentemente pelo Escritório da CEPAL em Washington, examina as principais tendências dos fluxos de capital para a região em 2019. Segundo o estudo, as taxas de juros globais em queda apoiaram a emissão de títulos da América Latina e do Caribe em 2019. Os mutuários desfrutaram de condições de financiamento fáceis, já que as reduções nas taxas de juros feitas pela Reserva Federal dos Estados Unidos e pelo Banco Central Europeu permitiram que emitissem títulos denominados em m…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, warned today that the Coronavirus (COVID-19) pandemic will have devastating effects on the global economy that will certainly be more intense than and distinct from those felt during the 2008-2009 global financial crisis, adding that Latin American and Caribbean countries will not be spared since they will be affected through numerous channels.
The senior United Nations official participated this Thursday, March 19, in an Inter-American Dialogue Conference Call on the Coronavirus an…
La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, advirtió hoy que la pandemia del Coronavirus (COVID-19) tendrá efectos devastadores sobre la economía mundial, seguramente más intensos y distintos que los sufridos durante la crisis financiera global de 2008-2009, y que los países latinoamericanos y caribeños no estarán ajenos a ellos, ya que serán impactados a través de varios canales.
La alta funcionaria de las Naciones Unidas participó este jueves 19 de marzo en una teleconferencia del Diálogo Interamericano sobre el Coronavirus y sus …
These are the main highlights of the Capital Flows to Latin America 2019 Year-in-Review edition:
• In 2019, international bond issuance from Latin America and the Caribbean (LAC) increased and bond spreads tightened, but credit quality continued to deteriorate although at a slower pace relative to 2018.
• Lowering global interest rates brought issuance volume up in the region. Total LAC debt issuance in international markets in 2019 was US$ 119 billion, 26% higher than in 2018.
• Mexican, Brazilian and Chilean borrowers were the main contributors to the region’s performance. Together they were…
The economies of Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) and the Dominican Republic – known as the CARD countries in Spanish – will have a weighted average growth rate of 3.2% in 2020, with the highest rates forecast for the Dominican Republic and Panama, the Economic Commission for Latin America and the Caribbean (ECLAC) revealed.
The document Preliminary Overview of the Economies of Central America and the Dominican Republic in 2019 and Prospects for 2020 explains that the international context was affected by trade tensions and great political un…
En el presente documento se hace un balance preliminar de las economías de Centroamérica (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua y Panamá) y la República Dominicana (CARD) en 2019 y se ofrecen perspectivas para 2020. Es un análisis de coyuntura elaborado por la Unidad de Desarrollo Económico de la Sede subregional de la Comisión Económica para América Latina y el Caribe (CEPAL) en México, con información disponible al 31 de enero de 2020.…
Este Balanço Preliminar das Economias da América Latina e do Caribe vem à luz num contexto econômico e social extremamente complexo para a região. A América Latina apresenta desaceleração econômica generalizada e sincronizada nos países e nos diversos setores. Em 2019, contrastando com anos anteriores, 18 dos 20 países da América Latina, bem como 23 das 33 economias da América Latina e do Caribe, apresentam desaceleração na taxa de crescimento da atividade econômica. O menor dinamismo da demanda interna foi acompanhado por baixa demanda agregada externa e mercados financeiros internacionais ma…
This survey examines the economic performance of economies of the Caribbean in 2018 and comprises six chapters. The first chapter gives an overview of global, regional and subregional economic performance as well as unemployment in the Caribbean. The second provides an analysis of governments in the subregion’s fiscal performance and debt burden. The third looks at monetary policy and variables. The fourth is focused external sector and its factors. The fifth chapter concludes, while the final chapter includes individual country briefs that give an overview of the economic situation for the Ba…
Highlights
• In the third quarter of 2019, the U.S. economy grew at a 2.1% annualized rate. Growth was driven by consumer and government spending, and a buildup in inventories.
• The third quarter of 2019 was the 41st consecutive quarter of growth and November the 125th month of consecutive growth for the U.S. economy. The current expansion is the longest on record.
• The Federal Open Market Committee (FOMC) cut the federal funds rate three times this year, in July, September and October, due to slowing global growth and trade uncertainty, contributing to diminish recession fears. Federal Rese…
The economic overview for Latin America and the Caribbean in 2019 is occurring in a particularly complex context. The region is exhibiting an economic deceleration that is widespread and synchronized among countries and sectors, topping off six consecutive years of low growth, ECLAC indicated today in its last annual report released at its central headquarters in Santiago, Chile.
In its Preliminary Overview of the Economies of Latin America and the Caribbean 2019, the United Nations regional organization indicates that the deceleration in domestic demand is being accompanied by low external ag…
El balance económico de América Latina y el Caribe en 2019 se presenta en un contexto particularmente complejo. La región muestra una desaceleración económica generalizada y sincronizada a nivel de países y de sectores, completando seis años consecutivos de bajo crecimiento, señaló hoy la CEPAL en su último informe anual dado a conocer en su sede central de Santiago, Chile.
En su Balance Preliminar de las Economías de América Latina y el Caribe 2019, el organismo regional de las Naciones Unidas indica que la desaceleración en la demanda interna se acompaña por una baja demanda agregada externa…
O balanço econômico da América Latina e do Caribe em 2019 é apresentado em um contexto particularmente complexo. A região mostra uma desaceleração econômica generalizada e sincronizada em países e setores, completando seis anos consecutivos de baixo crescimento, afirmou hoje a CEPAL em seu último relatório anual divulgado em sua sede em Santiago, Chile.
Em seu Balanço Preliminar das Economias da América Latina e do Caribe 2019, a Comissão Regional das Nações Unidas indica que a desaceleração da demanda interna é acompanhada por uma baixa demanda agregada externa e mercados financeiros internac…
Naciones Unidas