Caribbean Outlook 3: Economic recovery and repositioning in the era of COVID-19. Policy Brief

The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on tourism. As a result, the Caribbean has seen a reversal of the hard-won gains achieved in growing their economies and reducing unemployment and inequality. The inflation stemming from pandemic supply chain disruption, which has been exacerbated by the war in Ukraine, has made the sustained uptick in economic performance beyond pre-pandemic levels unlikely, notwithstanding strong growth estimates for 2021 and 2022. The last two years have taught the region that continued ‘business as usual’ is no longer an option for advancing sustainable development. As such, recovery and repositioning of the economies must take place in all sectors for the subregion to thrive.

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Bibliographic Details
Other Authors: NU. CEPAL. Sede Subregional para el Caribe
Format: Texto biblioteca
Language:English
Published: ECLAC, Subregional Headquarters for the Caribbean 2023-01-02
Subjects:DESARROLLO ECONOMICO, DESARROLLO SOSTENIBLE, DESARROLLO SOCIAL, CRECIMIENTO ECONOMICO, RESILIENCIA, OBJETIVOS DE DESARROLLO SOSTENIBLE, COVID-19, PANDEMIAS, DESASTRES NATURALES, INFLACION, INVERSION EXTRANJERA DIRECTA, PLANIFICACION DEL DESARROLLO, ESTRATEGIAS DEL DESARROLLO, AJUSTE ESTRUCTURAL, FINANCIACION DEL DESARROLLO, FINANCIACION, ALIVIO DE LA DEUDA, CONVERSIONES DE LA DEUDA, ADAPTACION AL CAMBIO CLIMATICO, FONDOS PARA IMPREVISTOS, CARICOM, ESTADOS PEQUEÑOS, PEQUEÑOS ESTADOS INSULARES EN DESARROLLO, ELABORACION DE POLITICAS, RECOMENDACIONES, ECONOMIC DEVELOPMENT, SUSTAINABLE DEVELOPMENT, SOCIAL DEVELOPMENT, ECONOMIC GROWTH, RESILIENCE, SUSTAINABLE DEVELOPMENT GOALS, PANDEMICS, NATURAL DISASTERS, INFLATION, FOREIGN DIRECT INVESTMENT, DEVELOPMENT PLANNING, DEVELOPMENT STRATEGIES, STRUCTURAL ADJUSTMENT, DEVELOPMENT FINANCE, FINANCING, DEBT RELIEF, DEBT CONVERSIONS, CLIMATE CHANGE ADAPTATION, CONTINGENCY FUNDS, SMALL STATES, SMALL ISLAND DEVELOPING STATES, POLICY MAKING, RECOMMENDATIONS,
Online Access:https://hdl.handle.net/11362/48657
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