Latin America and the Caribbean

Latin America and the Caribbean PDF Author: United Nations. Economic Commission for Latin America and the Caribbean
Publisher: Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean
ISBN:
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
Dated April 1995

Latin America and the Caribbean

Latin America and the Caribbean PDF Author: United Nations. Economic Commission for Latin America and the Caribbean
Publisher: Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean
ISBN:
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
Dated April 1995

The Caribbean Blue Economy

The Caribbean Blue Economy PDF Author: Peter Clegg
Publisher: Routledge
ISBN: 1000227111
Category : Political Science
Languages : en
Pages : 228

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Book Description
The Blue Economy is emerging on the global scene as a powerful and persuasive new concept for sustainable development based on economic activities associated with the ocean. Several regions globally have adopted this concept at national and regional levels, including the Caribbean. Given the complex, multisectoral and multilevel nature of the Blue Economy, it is clear that different approaches will be needed for different regions. Hence, this volume explores the opportunities, threats and risks involved in operationalising the Blue Economy in the Wider Caribbean Region, defined as northern Brazil to the USA and all mainland and island countries and territories in-between. The first part of the book looks at where the region stands in the global picture regarding adoption of the Blue Economy and what is planned. The second set of chapters examines key crosscutting issues such as ecosystem services, climate change and governance at national and regional levels that could make or break the Blue Economy initiative. The book then goes on to explore the main sectoral activities that will constitute the Blue Economies in the region: fisheries, tourism, shipping and transport, renewable energy, oil and gas, seabed mining and waste management are all considered. The book ends with a synthesis of the political and technical requirements to overcome threats and take advantage of opportunities in the Blue Economy.

The Caribbean Economies in an Era of Free Trade

The Caribbean Economies in an Era of Free Trade PDF Author: Michael Witter
Publisher: Routledge
ISBN: 1351147501
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
This book is concerned with the impact of economic globalization and an unregulated global market system on the Caribbean economies. The book is in three parts. Part I examines theoretical issues and includes an assessment of recent globalization trends, the limits of globalization, and the question of uneven development. Part II considers alternative policy solutions including interventionist alternatives, effective monetary strategies and innovative tourism strategies. Part III focuses on Jamaica and the Bahamas. Overall, this book provides a rich menu for alternative economic policies in the Caribbean at the turn of the century.

Latin American Economic Outlook 2019 Development in Transition

Latin American Economic Outlook 2019 Development in Transition PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264313761
Category :
Languages : en
Pages : 234

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Book Description
The Latin American Economic Outlook 2019: Development in Transition (LEO 2019) presents a fresh analytical approach in the region. It assesses four development traps relating to productivity, social vulnerability, institutions and the environment.

The Economy in the Time of Covid-19

The Economy in the Time of Covid-19 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464815704
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are struggling to contain the spread of the Covid-19 epidemic while avoiding a dramatic decline in economic activity. The report analyzes how to think about this tradeoff. It estimates the potential health costs, assesses the effectiveness of diverse containment strategies, and discusses how large the economic cost could be. The current crisis is unprecedented because it combines a fall in global demand, tighter financial conditions and a major supply shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to protect jobs and livelihoods, and how to manage and divest the assets that will inevitably end up in the hands of the state.

Employment in Crisis

Employment in Crisis PDF Author: Joana Silva
Publisher: World Bank Publications
ISBN: 1464816913
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
A region known for its volatility, Latin America and the Caribbean (LAC) has suffered severe economic and social setbacks from crises—including the COVID-19 pandemic. These crises have taken their toll on careers, wage growth, and productivity. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America provides new evidence on the effects of crises on the region’s workers and firms and suggests several policy responses that can bolster long-term and inclusive economic growth.This report has three key findings. First, crises lead to persistent employment losses and accelerate structural changes away from the formal sector. This change occurs more through reductions in the creation of formal jobs than through job destruction. Second, some workers recover from crises, while others are permanently scarred by them. Low-skilled workers can suffer up to a decade of lower earnings caused by crises, while high-skilled workers rebound fast, exacerbating the LAC region’s high level of inequality. Formal workers suffer smaller employment and wage losses in localities with higher rates of informality. And the reduced job flows caused by crises decrease welfare, but workers in localities with more job opportunities, whether formal or informal, bounce back better. Third, crises’ cleansing effects can increase efficiency and productivity, but these effects are dampened by the LAC region’s less competitive market structure. Rather than becoming more agile and productive during economic downturns, protected sectors and firms gain market share and crowd out others, trapping valuable resources.This report proposes a three-pronged mix of policies to improve the LAC region’s responses to crises:•Create a more stable macroeconomic environment to smooth the impacts of crises, including automatic stabilizers such as unemployment insurance and short-term compensation programs;•Increase the capacity of social protection and labor programs to respond to crises and coalesce these programs into systems that complement income support with reemployment assistance and reskilling opportunities; and•Tackle structural issues, including the lack of product market competition and the spatial dimension behind poor labor market adjustment—a “good jobs and good firms” agenda.

Globalizing the Caribbean

Globalizing the Caribbean PDF Author: Jeb Sprague
Publisher: Temple University Press
ISBN: 9781439916551
Category : Social Science
Languages : en
Pages : 0

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Book Description
The beautiful Caribbean basin is fertile ground for a study of capitalism past and present. Transnational corporations move money and labor around the region, as national regulations are reworked to promote conditions benefiting private capital. Globalizing the Caribbean offers a probing account of the region’s experience of economic globalization while considering gendered and racialized social relations and the frequent exploitation of workers. Jeb Sprague focuses on the social and material nature of this new era in the history of world capitalism. He combines an historical overview of capitalism in the region with theoretical analysis backed by case studies. Sprague elaborates upon the role of class formation and the restructuring of local states. He considers both U.S. hegemony, and how various upsurges from below and crises occur. He examines the globalization of the cruise ship and mining businesses, looks at the growth of migrant labor and reverse flow of remittances, and describes the evolving role of export processing and supranational associations. In doing so, Sprague shows how transnationally oriented elites have come to rule the Caribbean, and how capitalist globalization in the region occurs alongside shifting political, institutional, and organizational dynamics.

Preliminary Overview of the Economies of Latin America and the Caribbean 2019

Preliminary Overview of the Economies of Latin America and the Caribbean 2019 PDF Author: United Nations Publications
Publisher:
ISBN: 9789211220353
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
This publication, one of the United Nations Economic Commission for Latin America and the Caribbean's most important annual reports, analyzes in its last edition the economic performance of the region throughout the year, including the international context and macroeconomic policies implemented by the Commission's Member States, while also providing an outlook for 2020

Globalization and Development

Globalization and Development PDF Author: José Antonio Ocampo
Publisher: Stanford University Press
ISBN: 9780804749565
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Problem Loans in the Caribbean: Determinants, Impact and Strategies for Resolution

Problem Loans in the Caribbean: Determinants, Impact and Strategies for Resolution PDF Author: Ms.Kimberly Beaton
Publisher: International Monetary Fund
ISBN: 1484327020
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.