Economic Survey of the Caribbean 2013: Improved economic performance with reduced downside risks

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/L.3753
cepal.docTypeSeries
cepal.idSade52142
cepal.jobNumberS2013929
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficePuerto España
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicEngMACROECONOMICS
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.topicSpaMACROECONOMÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorAlleyne, Dillon
dc.contributor.authorHendrickson, Michael
dc.contributor.authorPhillips, Willard
dc.contributor.authorYoshida, Kohei
dc.contributor.authorPantin, Machel
dc.contributor.authorSkerrette, Nyasha
dc.coverage.spatialEngCARIBBEAN REGION
dc.coverage.spatialSpaCARIBE
dc.date.accessioned2014-03-26T18:41:20Z
dc.date.available2014-03-26T18:41:20Z
dc.date.issued2013-11
dc.descriptionIncludes bibliography.
dc.description.abstractThis survey posits that improving global prospects especially in the United States and Europe will mean opportunities for positive growth in the Caribbean due to increasing exports and renewed inflows from foregin direct investment and remittances. It points out that the response of the Caribbean economies to the global crisis has been asymmetric with the goods1 producing economies doing better than the service producing economies with respect to growth and their public finances. On the latter issue the region faces severe challenges as debt to GDP ratios in some countries are in excess of 100per cent. Such high debt burdens impact growth negatively through many channels. Among these are the upward pressure placed on domestic interest rates, and the decline in government capital spending which is often complementary to private investment. The survey also notes that the domestic private sector still remains risk averse and this together with depressed foreign direct investment has not promoted robust investment in the region, except for a few countries. For these reasons it suggests that private /public sector partnerships are a useful vehicle for jump starting private investment and allowing for investment to continue. In addition, with limited public resources available , such partnership allow some public functions to be pursued. The outlook for 2012 and 2013 is for modest overall growth in the subregion and this is contingent on improved demand in major export markets over this period leading to increased domestic investment and employment.
dc.formatTexto
dc.format.extent57 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/L.3753
dc.identifier.unSymbolLC/CAR/L.420
dc.identifier.urihttps://hdl.handle.net/11362/36626
dc.language.isoeng
dc.physicalDescription57 p.; grafs., tabls.
dc.publisherECLAC
dc.publisher.placePort-of-Spain
dc.relation.isPartOfSeriesStudies and Perspectives Series (The Caribbean)
dc.relation.isPartOfSeriesNo28
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngSOCIAL INDICATORS
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngECONOMIC POLICY
dc.subject.unbisEngUNEMPLOYMENT
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaINDICADORES SOCIALES
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaPOLITICA ECONOMICA
dc.subject.unbisSpaDESEMPLEO
dc.titleEconomic Survey of the Caribbean 2013: Improved economic performance with reduced downside risks
dc.type.coarlibro
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Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean