Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020

Governments in the Caribbean region have been relatively successful in flattening the infection curve of the coronavirus in their countries. Geographical isolation is a contributing factor, but decisive and determined government action has been effective in reducing community transmission. Many potential deaths have been avoided. Yet this accomplishment has yet to be compensated with an economic reward. As these countries begin to open their domestic economies, they are still battered by external shocks. This is particularly the case for the tourism-dependent economies that experienced a virtual shutdown of the sector during the second quarter of the year. The natural-resource-based economies are also suffering from the lingering effects of the decline in commodity prices and related external demand. This second special edition of the IDB Caribbean Quarterly Bulletin provides an update of economic conditions in the region. It also focuses on important evolving issues, including the potential impact of the corona virus crisis on countries balance of payments, and on new data from the IDB on the real-time social effects of the crisis.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Henry Mooney
Language:English
Published: Inter-American Development Bank
Subjects:Fiscal Policy, Employment Rate, Tourism, Commodity Export, Commodity Price, Economic Development, Economic Policy, Gross Domestic Product, Coronavirus, Pandemic, Economic Recession, Preventive Healthcare, H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy, Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact,
Online Access:http://dx.doi.org/10.18235/0002507
https://publications.iadb.org/en/caribbean-quarterly-bulletin-volume-9-issue-2-july-2020
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spelling dig-bid-node-284142020-11-16T19:32:32ZCaribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020 2020-07-22T00:00:00+0000 http://dx.doi.org/10.18235/0002507 https://publications.iadb.org/en/caribbean-quarterly-bulletin-volume-9-issue-2-july-2020 Inter-American Development Bank Fiscal Policy Employment Rate Tourism Commodity Export Commodity Price Economic Development Economic Policy Gross Domestic Product Coronavirus Pandemic Economic Recession Preventive Healthcare H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact Governments in the Caribbean region have been relatively successful in flattening the infection curve of the coronavirus in their countries. Geographical isolation is a contributing factor, but decisive and determined government action has been effective in reducing community transmission. Many potential deaths have been avoided. Yet this accomplishment has yet to be compensated with an economic reward. As these countries begin to open their domestic economies, they are still battered by external shocks. This is particularly the case for the tourism-dependent economies that experienced a virtual shutdown of the sector during the second quarter of the year. The natural-resource-based economies are also suffering from the lingering effects of the decline in commodity prices and related external demand. This second special edition of the IDB Caribbean Quarterly Bulletin provides an update of economic conditions in the region. It also focuses on important evolving issues, including the potential impact of the corona virus crisis on countries balance of payments, and on new data from the IDB on the real-time social effects of the crisis. Inter-American Development Bank Henry Mooney David Rosenblatt Laura Giles Álvarez Victor Gauto Elton Bollers Jason Christie Ariel McCaskie Jeetendra Khadan Lodewijk Smets application/pdf IDB Publications Trinidad and Tobago Jamaica Guyana Bahamas Barbados Suriname The Caribbean en
institution BID
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-bid
tag biblioteca
region America del Norte
libraryname Biblioteca Felipe Herrera del BID
language English
topic Fiscal Policy
Employment Rate
Tourism
Commodity Export
Commodity Price
Economic Development
Economic Policy
Gross Domestic Product
Coronavirus
Pandemic
Economic Recession
Preventive Healthcare
H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy
Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact
Fiscal Policy
Employment Rate
Tourism
Commodity Export
Commodity Price
Economic Development
Economic Policy
Gross Domestic Product
Coronavirus
Pandemic
Economic Recession
Preventive Healthcare
H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy
Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact
spellingShingle Fiscal Policy
Employment Rate
Tourism
Commodity Export
Commodity Price
Economic Development
Economic Policy
Gross Domestic Product
Coronavirus
Pandemic
Economic Recession
Preventive Healthcare
H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy
Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact
Fiscal Policy
Employment Rate
Tourism
Commodity Export
Commodity Price
Economic Development
Economic Policy
Gross Domestic Product
Coronavirus
Pandemic
Economic Recession
Preventive Healthcare
H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy
Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact
Inter-American Development Bank
Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
description Governments in the Caribbean region have been relatively successful in flattening the infection curve of the coronavirus in their countries. Geographical isolation is a contributing factor, but decisive and determined government action has been effective in reducing community transmission. Many potential deaths have been avoided. Yet this accomplishment has yet to be compensated with an economic reward. As these countries begin to open their domestic economies, they are still battered by external shocks. This is particularly the case for the tourism-dependent economies that experienced a virtual shutdown of the sector during the second quarter of the year. The natural-resource-based economies are also suffering from the lingering effects of the decline in commodity prices and related external demand. This second special edition of the IDB Caribbean Quarterly Bulletin provides an update of economic conditions in the region. It also focuses on important evolving issues, including the potential impact of the corona virus crisis on countries balance of payments, and on new data from the IDB on the real-time social effects of the crisis.
author2 Henry Mooney
author_facet Henry Mooney
Inter-American Development Bank
topic_facet Fiscal Policy
Employment Rate
Tourism
Commodity Export
Commodity Price
Economic Development
Economic Policy
Gross Domestic Product
Coronavirus
Pandemic
Economic Recession
Preventive Healthcare
H5 - National Government Expenditures and Related Policies, O1 - Economic Development, E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook, F0 - International Economics: General, E0 - Macroeconomics and Monetary Economics: General, O2 - Development Planning and Policy
Employment;Caribbean;public policy;Tourism;commodities;recession;macroeconomics;covid;Economy;Social Impact
author Inter-American Development Bank
author_sort Inter-American Development Bank
title Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
title_short Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
title_full Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
title_fullStr Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
title_full_unstemmed Caribbean Quarterly Bulletin: Volume 9: Issue 2, July 2020
title_sort caribbean quarterly bulletin: volume 9: issue 2, july 2020
publisher Inter-American Development Bank
url http://dx.doi.org/10.18235/0002507
https://publications.iadb.org/en/caribbean-quarterly-bulletin-volume-9-issue-2-july-2020
work_keys_str_mv AT interamericandevelopmentbank caribbeanquarterlybulletinvolume9issue2july2020
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