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…
The U.S. economic expansion remains on track and it has entered its ninth year. January marked the 103th month of growth for the U.S. economy. By May, the current economic expansion will become the second longest on record.1 The unemployment rate sits at 4.1%, the lowest level since December 2000, suggesting the economy has reached, or nearly reached, full capacity.…
This study is intended to be exploratory in nature. It seeks a better understanding of i) how the OMU cluster emerged; ii) the characteristics of the offshore medical universities in the Caribbean cluster; iii) the contribution of the offshore medical universities to the economy of the host Caribbean countries; and iv) the prospects for enhancing the educational quality, and value added captured by the Caribbean in the medical value chain.…
This paper examines the genesis and evolution of debt and debt overhang in the Caribbean with individual case studies, to extract lessons and make broad recommendations with regard to appropriate mechanisms and policy measures that can be implemented to reduce the debt burden of the subregion. The econometric model utilized in the paper has shown that a one percent increase on debt to GDP ratio causes a 0.015decline in real GDP growth for the countries in the Caribbean panel, suggesting that debt has a pernicious effect on growth on Caribbean economies. What is even more worrisome was that Car…
Although the growth performance has been mixed in the Caribbean year, on averaged the economies posted an economic growth of 0.7 per cent in 2016. The goods producers achieved -3.1 per cent growth, due to weak commodity prices. While the service producers achieved 2.1 growth. Despite the anemic growth performance, the region managed to decrease its unemployment rate to 11.2 per cent in 2016, relative to the 15.2 per cent experienced in the previous year.…
La gran mayoría de las principales estadísticas económicas de Cuba tienen una periodicidad anual y se publican con un rezago de varios meses e, inclusive, de años. Por ello, nos parece importante contar con un indicador más oportuno (trimestral) de la actividad económica de Cuba, que sirva de herramienta para enriquecer y hacer más preciso el análisis macroeconómico del país caribeño.
Este documento analiza en detalle eta temática . En la primera sección se describe el procedimiento para construir un «indicador de la economía exterior de Cuba (IEE)», con una frecuencia trimestral. En la segund…
Experts across the region agree that there is significant potential for strengthening the economic contribution of the music and film industries in Jamaica and the wider Caribbean. However, this can only be fully realized by learning from industry success factors and, more importantly, by addressing existing constraints.
These findings emerged from a newly published study from the Economic Commission for Latin America and the Caribbean (ECLAC) on “The Film and Music Sectors in Jamaica: Lessons from Case Studies of Successful Firms/Ventures”.
Success factors in the Caribbean’s m…
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