Junto con examinar los retos de la política fiscal en el contexto actual de la pandemia y la evolución de las finanzas públicas durante 2019, el Panorama Fiscal de América Latina y el Caribe, 2020, analiza la problemática de la evasión fiscal en la región. La CEPAL estima que la región perdió 325.000 millones de dólares –equivalente al 6,1% del PIB– en 2018 por incumplimiento tributario. Frente a este desafío, los países de la región se encuentran desarrollando una serie de acciones e innovaciones para acotar los espacios para la evasión y así impulsar la movilización de recursos internos para…
The coronavirus disease (COVID-19) pandemic has generated a health, human and economic crisis without precedent in the past century. The region has responded rapidly, adopting packages of fiscal measures of diverse magnitude and scope. In this context, fiscal policy must play a key role in mitigating the human and economic impact in the short term, while also continuing to provide the impulse for achieving sustainable and inclusive growth in a post-COVID-19 world. As well as analysing the fiscal policy challenges of the current crisis, the Fiscal Panorama of Latin America and the Caribbean, 20…
In the new global scenario in times of pandemic prompted by COVID-19, it is essential to take urgent measures and evaluate the impact of those actions. For this reason, and in response to a request made by the Community of Latin American and Caribbean States (CELAC), the COVID-19 Observatory came into being with the aim of supporting the region’s countries on follow-up and monitoring of the effects of the crisis caused by the coronavirus in the medium and long term.
ECLAC – as part of a joint effort with the rest of the United Nations agencies, funds and programs and the support of the global …
El nuevo escenario global en tiempos de la pandemia provocada por el COVID-19 hace imperativo tomar medidas urgentes y evaluar los impactos de estas acciones. De este modo, y en respuesta a la solicitud hecha por la Comunidad de Estados Latinoamericanos y Caribeños (CELAC), surge el Observatorio COVID-19, con el objetivo de apoyar a los países de la región en el seguimiento y monitoreo de los efectos de la crisis generada por el coronavirus a mediano y largo plazo.
La CEPAL, en un esfuerzo conjunto con el resto de las agencias, fondos y programas de las Naciones Unidas y el apoyo de los coord…
O novo cenário global em tempos da pandemia de COVID-19 torna imperativo adotar medidas urgentes e avaliar os impactos dessas ações. Deste modo, em resposta ao pedido feito pela Comunidade de Estados Latino-Americanos e Caribenhos (CELAC), surge o Observatório COVID-19, com o objetivo de apoiar os países da região no acompanhamento e monitoramento dos efeitos da crise gerada pelo coronavírus no médio e longo prazo.
A CEPAL, num esforço conjunto com o resto das agências, fundos e programas das Nações Unidas e o apoio dos coordenadores residentes do organismo mundial na região, implementou este …
This overview examines the economic performance of economies of the Caribbean in 2019 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 looks at areas of focus in the Caribbean. The third 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 and a subregional assessment of the coun…
This study was prepared by the Economic Commission for Latin America and the Caribbean (ECLAC), at the request of the Government of Mexico in its capacity as Pro Tempore Chair of the Community of Latin American and Caribbean States (CELAC), at the virtual ministerial meeting on health matters for response and follow-up to the COVID-19 pandemic in Latin America and the Caribbean, held on 26 March 2020.
The report addresses three topics: the economic and social impacts of the pandemic in the region, the actions taken by ECLAC in response to the request by CELAC and, on the basis of these, a set …
Este estudio fue elaborado por la Comisión Económica para América Latina y el Caribe (CEPAL) en respuesta a la solicitud realizada por el Gobierno de México en el ejercicio de la Presidencia Pro Témpore de la Comunidad de Estados Latinoamericanos y Caribeños (CELAC) durante la Reunión Ministerial Virtual sobre Asuntos de Salud para la Atención y el Seguimiento de la Pandemia COVID-19.
En él se consideran tres temas: los impactos económicos y sociales de la pandemia en la región, las acciones puestas en marcha por la CEPAL y, con base en los dos puntos anteriores, un conjunto de recomendaciones…
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO).
The coronavirus disease 2019 (COVID-19) pandemic hit Latin America and the Caribbean in a period of economic weakness and macroeconomic vulnerability. Against this backdrop, the COVID-19 pandemic, which brings with it a combination of external and domestic shocks, will result in the region’s…
Highlights
• In the first quarter of 2020, the spread of the coronavirus, together with a precipitous decline in commodity prices, radically changed the financial landscape for Latin American and Caribbean (LAC) issuers. After a record breaking issuance of US$ 38 billion worth of bonds in January, bond issuance dried-up in February and March, bringing total quarterly issuance to US$ 45 billion.
• On March 26, however, Panama successfully placed a sovereign bond in cross-border markets to secure additional resources to combat the COVID-19 pandemic. It was followed in April by other four soverei…
El informe Coyuntura Laboral en América Latina y el Caribe es una publicación semestral elaborada en forma conjunta por la Comisión Económica para América Latina y el Caribe (CEPAL) y la Oficina para el Cono Sur de América Latina de la Organización Internacional del Trabajo (OIT).
Durante 2019 la escasa dinámica de la economía regional se puso de manifiesto en la debilidad de la generación de empleo asalariado —específicamente, de empleo registrado— y en el leve aumento interanual de la tasa de desocupación como promedio ponderado a nivel nacional. Los primeros meses de 2020 están marcados por…
The aim of this second Special Report is to quantify the economic impact of the pandemic in the short and medium term. With regard the short term —during the course of 2020— estimates shed light on the dynamics of production, employment, poverty and income distribution, based on data available at 17 April 2020, for all the subregions of Latin America and the Caribbean and many of their economies. The report also provides details of the main macroeconomic policy measures to tackle the effects of the pandemic that have been announced to date.
Quantifying the decline in economic activity enables …
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