April 30th, the Jamaican Economy Panel (JEP) presented the results of its inaugural discussion which focused on the country’s recovery from COVID-19. The Jamaican Economy Panel is a new initiative and partnership between the United Nations Resident Coordinator’s Office (UNRCO) and the Department of Economics at The University of the West Indies (UWI) Mona. The […]
March 23, 2021, BRIDGETOWN, Barbados – The President of the Caribbean Development Bank (CDB), Dr Wm Warren Smith, highlighted three priorities for charting economic recovery and securing resilience to counter the Covid-19 fallout. Making his comments at the 10th UKCaribbean Ministerial Forum on March 18, 2021, Smith said that giving a bigger role to the […]
COVID-19 pandemic has wreaked havoc on the region, exacerbating deep-rooted inequalities and pushing millions into poverty New York, 25 January — Latin America and the Caribbean will face a fragile and uneven recovery as the COVID-19 crisis may leave lasting scars on the region’s economies, according to the UN World Economic Situation and Prospects (WESP) 2021, which was launched today. […]
Stimulating investments, revitalizing global trade and preventing premature austerity, financial bubbles and widening inequalities remain critical for resilient recovery, says new UN report New York, 25 January — The United Nations today warned that the devastating socio-economic impact of the COVID-19 pandemic will be felt for years to come unless smart investments in economic, societal […]
In its Preliminary Overview of the Economies of the region, ECLAC forecasts an average contraction of -7.7% for 2020 – the largest in 120 years – and a rebound of 3.7% in 2021. The Latin America and the Caribbean region will experience a contraction of -7.7% in 2020 but will have a positive growth rate […]
MIAMI, Florida (December 8, 2020) – Strategies for the quick recovery of Caribbean economies from the devastation wrought by the Coronavirus Disease 2019 (COVID-19) pandemic will be discussed by regional and global stakeholders at a virtual forum hosted by the Caribbean Hotel and Tourism Association (CHTA), Caribbean Tourism Organization (CTO), and the Global Tourism Resilience […]
