Caribbean Economics Quarterly: Volume 11, Issue 3: Headwinds Facing The Post-Pandemic Recovery
Just as Caribbean economies are emerging from the sharp recessions associated with the COVID-19 pandemic, a confluence of external shocks now complicates the recovery. Commodity prices started rising in late 2021, and the Russian invasion of Ukraine in late February of this year disrupted supplies and led to further price increases. The macroeconomic effects are varied across the Caribbean, depending on each country's trade specialization. However, households across the region are feeling the impact on their purchasing power. In addition, the normalization of monetary policy in global financial centers is increasing the cost of external borrowing for governments, with knock-on effects for borrowing costs for firms and households. This edition of the Caribbean Economics Quarterly provides a regional overview of the impacts of these external shocks, as well as country chapters that provide more detailed country-level information.
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Bibliographic Details
| Main Author: |
Inter-American Development Bank |
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| Other Authors: |
David Rosenblatt |
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| Language: | English |
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| Published: |
Inter-American Development Bank
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| Subjects: | Inflation,
Pandemic,
Economy,
Rating,
Fiscal Policy,
Financial Market,
Gross Domestic Product,
Coronavirus,
Credit Growth,
Demand Shock,
Economic Policy,
Economic Recession,
Economic Recovery,
Finance,
Financial Risk,
Financial Sector,
Fiscal Consolidation,
E00 - Macroeconomics and Monetary Economics: General: General,
E30 - Prices Business Fluctuations and Cycles: General,
E60 - Macroeconomic Policy Macroeconomic Aspects of Public Finance and General Outlook: General,
F60 - Economic Impacts of Globalization: General,
H12 - Crisis Management,
L83 - Sports • Gambling • Restaurants • Recreation • Tourism,
O54 - Latin America • Caribbean,
Caribbean;Tourism;Economy;Globalization and Regionalization;Economic Development and Growth;pandemic, |
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| Online Access: | http://dx.doi.org/10.18235/0004643
https://publications.iadb.org/en/caribbean-economics-quarterly-volume-11-issue-3-headwinds-facing-post-pandemic-recovery
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