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…
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…
Mexico’s Foreign Direct Investment (FDI) has increased during the 2009-2017 period in the Central American region, but it has shown less dynamism than the total amount of investment abroad, according to the document Mexican investment in Central America (in Spanish only), published recently by ECLAC’s Subregional Headquarters in Mexico. This reduced dynamism suggests that Mexican companies have readjusted their investment strategies, the study indicates.
Mexico figures as the second-biggest investor in nearly all Central American countries, with the exception of Panama, where its FDI has been …
La inversión extranjera directa (IED) de México se ha incrementado durante el período 2009-2017 en la región de Centroamérica, pero su dinamismo ha sido menor al observado en el total de su inversión en el exterior, señala el documento La inversión mexicana en Centroamérica, publicado recientemente por la Sede Subregional de la CEPAL en México. Este menor dinamismo sugiere un reacomodo en las estrategias de inversión de las empresas mexicanas, indica el estudio.
México se ubica como el segundo inversionista en casi todos los países centroamericanos, a excepción de Panamá donde su IED ha…
O investimento estrangeiro direto (IED) do México aumentou durante o período 2009-2017 na região da América Central, mas seu dinamismo foi menor do que o observado no total de seu investimento no exterior, assinala o documento Investimento mexicano na América Central, publicado recentemente pela Sede Sub-Regional da CEPAL no México. Este menor dinamismo sugere uma reacomodação nas estratégias de investimento das empresas mexicanas, indica o estudo.
O México é o segundo maior investidor em quase todos os países centro-americanos, com exceção do Panamá, onde seu IED tem sido menor. Durante 2009-…
En el presente documento se hace un análisis de las economías de Centroamérica (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua y Panamá) y la República Dominicana en 2018 y se ofrecen perspectivas para 2019. 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 15 de julio de 2019.…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first quarter of 2019) concerning capital flows to Latin America and the Caribbean.…
The Economic Survey of the Caribbean 2018 analyses the performance of the Caribbean subregion to the global economy. It provides a comparative analysis of global economic growth, commodity price performance, Caribbean growth performance, and unemployment. This is then followed by a subsection on fiscal policy and public debt. Subsequent subsections elaborate on monetary policy, and the external sector. Section II presents country briefs for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, and Trinidad and Tobago, together with the member states of the Eastern Caribbean Currency Union …
The report provides an overview of the economic performance for 2017 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight Member States of the Eastern Caribbean Currency Union (ECCU), and the outlook for 2018. Data were collected from a review of reports from subregional institutions as well as national governments and interviews with government officials in each of the countries examined.…
In 2018, bond issuance from Latin American and the Caribbean (LAC) slowed, bond spreads widened and credit quality deteriorated. The region saw the best and the worst conditions for tapping international capital markets in 2018. In January 2018, issuers from the region placed their highest ever monthly volume of debt in international markets. On the other hand, December 2018, with no issuance recorded, was the worst December on record for LAC issuers. Bond activity in 2018 was affected by a heavy electoral calendar at the domestic level, and by U.S. interest rate hikes, withdrawal of dollar li…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (third quarter of 2018) concerning capital flows to Latin America and the Caribbean.
The main highlights are:
The Latin America and Caribbean (LAC) region has seen the best and the worst conditions for tapping international capital markets this year. In January 2018, issuers from the region placed their highest ever monthly volume of debt in international markets: US$ 32 billion. First quarter debt issuance in international markets…
The economic challenges in the Caribbean can be linked in significant measure to the region’s external vulnerability. This paper looks at trends in financial flows in the context of the region’s need to strengthen its resilience. It starts by focusing on three concepts: vulnerability, fragility and resilience-building. Vulnerability is looked at as a ‘structural’ variable, dictated by geography and reinforced by economic forces. Fragility is looked at as a ‘process’ variable, a recurring feature of the workings of the institutions, underscored by a shortage of resources, and missing systems fo…
The document summarizes the situation in Latin America and the Caribbean as regards economic, social and population affairs, as well as foreign direct investment, trade and gender equality.…
En este documento se expone sintéticamente la situación de América Latina y el Caribe en temas económicos, sociales y de población, así como de inversión extranjera, comercio e igualdad de género.…
In the midst of current global tensions, the countries of the Community of Latin and American and Caribbean States (CELAC) and the European Union (EU) have the opportunity to renew their strategy of bi-regional cooperation based on multilateralism to advance toward achieving more modern, productive and inclusive societies, in line with the commitments of the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change, according to a new publication by the Economic Commission for Latin America and the Caribbean (ECLAC).
The document The European Union and Latin Ameri…
En medio de las actuales tensiones globales, los países de la Comunidad de Estados Latinoamericanos y Caribeños (CELAC) y la Unión Europea (UE) tienen la oportunidad de renovar su estrategia de cooperación birregional, con base en el multilateralismo, para avanzar hacia sociedades más modernas, productivas e inclusivas, en línea con los compromisos de la Agenda 2030 para el Desarrollo Sostenible y del Acuerdo de París sobre cambio climático, plantea la Comisión Económica para América Latina y el Caribe (CEPAL) en una nueva publicación.
El documento La Unión Europea y América Latina y el Caribe…
This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first quarter of 2018) concerning capital flows to Latin America and the Caribbean.
The main highlights are:
-In January 2018, issuers from Latin America and the Caribbean (LAC) placed their highest ever monthly volume of debt in international markets. First quarter debt issuance in international markets also broke a record.
-From January to May 2018, total LAC international debt issuance amounted to US$ 67 billion, 6% higher than…
The economic challenges in the Caribbean can be linked in significant measure to the region’s external vulnerability, states the report Resilience and Capital Flows in the Caribbean, released by the Washington Office of the Economic Commission for Latin America and the Caribbean (ECLAC).
The report, which focuses on the region’s access to external financing and how to improve it as part of the overall answer to its development challenges, looks at trends in international capital flows – including portfolio flows and foreign direct investment – to the Caribbean in recent years, in the context o…
Los desafíos económicos en el Caribe se pueden vincular en gran medida con la vulnerabilidad externa de la región, señala el informe La resiliencia y los flujos de capital en el Caribe (disponible solo en inglés), difundido por la Oficina de Washington de la Comisión Económica para América Latina y el Caribe (CEPAL).
El informe, enfocado en el acceso de la región al financiamiento externo y en cómo mejorarlo como parte de la respuesta global a sus desafíos de desarrollo, analiza las tendencias en los flujos internacionales de capital hacia el Caribe en los últimos años –incluyendo los flujos d…
Os desafios econômicos do Caribe podem ser vinculados em grande medida à vulnerabilidade externa da região, assinala o relatório A resiliência e os fluxos de capital no Caribe (disponível somente em inglês), divulgado pelo Escritório da Comissão Econômica para a América Latina e o Caribe (CEPAL) em Washington.
O relatório, focado no acesso da região ao financiamento externo e em como melhorá-lo como parte da resposta global aos desafios de desenvolvimento, analisa as tendências nos fluxos internacionais de capital para o Caribe nos últimos anos (incluindo os fluxos de carteira e o in…
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