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How to Finance Sustainable Development: Recovery from the Effects of COVID-19 in Latin America and the Caribbean

How to Finance Sustainable Development: Recovery from the Effects of COVID-19 in Latin America and the Caribbean
Author: NU. CEPAL.
Publisher:
Total Pages:
Release:
Genre:
ISBN:

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I. Stylized facts of two processes that are difficult to reverse: a worsening environmental situation and setbacks with the 2030 Agenda for Sustainable Development. -- II. By targeting recovery spending, the opportunity to boost transformative sectors has been lost and this, coupled with the uncritical demand in recovery, underlines the unsustainable nature of thepre-pandemic development pattern .-- III. Aligning policies for the big push forsustainability, as a pillar of the recovery.


How to Finance Sustainable Development

How to Finance Sustainable Development
Author:
Publisher:
Total Pages: 0
Release: 2022
Genre:
ISBN:

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I. Stylized facts of two processes that are difficult to reverse: a worsening environmental situation and setbacks with the 2030 Agenda for Sustainable Development. -- II. By targeting recovery spending, the opportunity to boost transformative sectors has been lost and this, coupled with the uncritical demand in recovery, underlines the unsustainable nature of thepre-pandemic development pattern .-- III. Aligning policies for the big push forsustainability, as a pillar of the recovery.


An innovative financing for development agenda for the recovery in Latin America and the Caribbean

An innovative financing for development agenda for the recovery in Latin America and the Caribbean
Author: Vereinte Nationen Economic Commission for Latin America and the Caribbean
Publisher:
Total Pages:
Release: 2021
Genre:
ISBN:

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COVID-19 has brought to the fore the need to address the problem of financing for development in middle-income countries, which has been characterized by the increasing decoupling of per capita income and the ability to mobilize domestic and external resources, and the disconnect between economic and social needs and the response of multilateral cooperation. This must be urgently addressed, as Latin American and Caribbean countries must recover from the effects of the pandemic and avoid another lost decade. Middle-income countries, such as those in Latin America and the Caribbean, require multilateral cooperation through the expansion and redistribution of liquidity and debt reduction to enhance their policy space to foster a sustainable recovery and advance their economic and social development. To address these challenges, the Economic Commission for Latin America and the Caribbean (ECLAC) proposes an innovative financing for development agenda for the recovery in the region based on five policy actions: (i) expand and redistribute liquidity from developed to developing countries; (ii) strengthen regional cooperation by enhancing the lending and response capacity of regional, subregional and national financial institutions, and strengthening linkages between them; (iii) carry out institutional reform of the multilateral debt architecture; (iv) expand the set of innovative instruments aimed at increasing debt repayment capacity and avoiding excessive indebtedness and (v) integrate liquidity and debt reduction measures into a development financing strategy aimed at building forward better (Caribbean Resilience Fund).


Emerging from the Pandemic Tunnel with Faster Growth and Greater Equity: A Strategy for a New Social Compact in Latin America and the Caribbean

Emerging from the Pandemic Tunnel with Faster Growth and Greater Equity: A Strategy for a New Social Compact in Latin America and the Caribbean
Author: Alejandro Izquierdo
Publisher: Inter-American Development Bank
Total Pages: 61
Release: 2020-07-30
Genre: Political Science
ISBN:

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While the pandemic lasts, Latin America and the Caribbean (LAC) will go through a tunnel full of uncertainty. It is not known especially how long it is: how long until therapies or a vaccine emerge, or until best practices are known to control the pandemic to live with a virus of unknown lethality. This note describes policy options on how countries can expand their possibilities to meet the economic challenges of the crisis, with an emphasis on growth and equity. These options are based on the assumption that the fiscal situation of the region and its access to sovereign credit markets are much more restricted than in previous crises, which forces to think about policy reforms beyond fiscal ones to accelerate the Economic recovery. The options are ambitious, but the ambition meets the need. This document is part of a series of 3 IDB monographs on public policies in the context of COVID-19. The other documents can be consulted at the following links: Public Policy to Tackle COVID-19: Recommendations for Latin America and the Caribbean: https://publications.iadb.org/en/public-policy-to-tackle-covid-19-recommendations-for--latin-america-and-the-caribbean From Lockdown to Reopening: Strategic Considerations for the Resumption of Activities in Latin America and the Caribbean within the framework of Covid-19 https://publications.iadb.org/en/from-lockdown-to-reopening-strategic-considerations-for-the-resumption-of-activities-in-latin-america-and-the-caribbean-within-the-framework-of-covid-19


A Mandate to Grow

A Mandate to Grow
Author: Eduardo A. Cavallo
Publisher: Inter-American Development Bank
Total Pages: 121
Release: 2018-03-15
Genre: Business & Economics
ISBN:

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The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.


Political and Social Compacts for Equality and Sustainable Development in Latin America and the Caribbean in the Post-COVID-19 Recovery

Political and Social Compacts for Equality and Sustainable Development in Latin America and the Caribbean in the Post-COVID-19 Recovery
Author: Alicia Bárcena
Publisher:
Total Pages: 16
Release: 2020
Genre: COVID-19 Pandemic, 2020-
ISBN: 9789210054805

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The coronavirus disease 2019 (COVID-19) pandemic hit Latin America and the Caribbean in a period of economic, social and environmental vulnerability. Tackling the health crisis -which has outlasted initial forecasts- and its deleterious economic and social effects will require political and social compacts built on broad multi-stakeholder participation that universalize social protection and health and, above all, refocus development on equality and on fiscal, production and environmental policies for sustainability. Compacts must be directed towards laying the foundations for a welfare state that, among other things, ensures universal access to health, redistributive taxes, increased productivity, better provision of public goods and services, sustainable management of natural resources and more substantial and diversified public and private investment.


Towards Sustainable Development in Central America and the Caribbean

Towards Sustainable Development in Central America and the Caribbean
Author: A. Danielson
Publisher: Springer
Total Pages: 244
Release: 2001-08-21
Genre: Business & Economics
ISBN: 0230502121

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Since the economic decline in the early 1980s, most countries in Central America and the Caribbean have returned to positive growth rates. The recovery often coincided with or followed extensive neoliberal reforms. The contributors to this book address the crucial question of whether these growth rates are sustainable. Several aspects of sustainability are assessed, in particular macroeconomic, social, and ecological aspects. The book includes both comparative analyses focusing on one of these aspects of sustainability, and country case studies. The conclusion is that these countries have not yet arrived at a sustainable growth path due to, for example, high levels of foreign and domestic debt, worrisome trade gaps, a lack of social integration and irresponsible exploitation of natural resources. In sum, the analysis points to serious weaknesses in the current neoliberal model, the implications of which go far beyond this particular region.


Health and the Economy

Health and the Economy
Author: Vereinte Nationen Economic Commission for Latin America and the Caribbean
Publisher:
Total Pages:
Release: 2020
Genre:
ISBN:

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SME Policy Index: Latin America and the Caribbean 2024 Towards an Inclusive, Resilient, and Sustainable Recovery

SME Policy Index: Latin America and the Caribbean 2024 Towards an Inclusive, Resilient, and Sustainable Recovery
Author: OECD
Publisher: OECD Publishing
Total Pages: 260
Release: 2024-07-04
Genre:
ISBN: 9264778160

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This report assesses and monitors progress in the design and implementation of SME policies in the Latin America and the Caribbean (LAC) region. It was developed as part of the OECD LAC Regional Programme, in co-operation with CAF-Development Bank of Latin America and the Caribbean and the Latin American and Caribbean Economic System (SELA). The 2024 report tracks progress made since 2019 across eight policy dimensions and presents the latest key findings on SME development and related policies. It identifies emerging challenges impacting SMEs in the region and provides recommendations for governments to build a successful SME sector. The 2024 edition, the second in the series, benefits from an updated methodology that analyses SME digital transformation support policies, introduces a green economy pilot dimension, and incorporates a cross-cutting gender approach. This edition extends the coverage by introducing two new countries (Brazil and Paraguay) to the already seven participating countries (Argentina, Chile, Colombia, Ecuador, Mexico, Peru and Uruguay), guaranteeing the inclusion of all members of the Pacific Alliance and Mercosur.


Sustainable Finance and the Global Health Crisis

Sustainable Finance and the Global Health Crisis
Author: Pasquale Marcello Falcone
Publisher: Taylor & Francis
Total Pages: 275
Release: 2023-08-01
Genre: Business & Economics
ISBN: 1000921662

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The speed with which the various economies recover from the Covid-19 pandemic will significantly determine the economic pressure placed on the environment in the medium-to-long-term. Furthermore, the pandemic has highlighted the strong interrelations between natural and societal systems, with societal resilience depending on a resilient environmental support system. In this context, the book argues that the pandemic represents a wake-up call for financial systems to be better prepared for the climate crisis and social risk, and has provided a stimulus to scale down the reliance of the global economy on fossil fuels. The first part of the book provides a deep and creative discussion between leading international researchers and experts on the policy options and financial instruments which can help to catalyze the green finance transition in the post-Covid-19 era. The contributions show that sustainable finance is emerging as a powerful tool to advance the transition towards a more environmentally and socially sustainable economic model. Instruments such as sovereign green bonds, green securities, and other sustainability-related securities can play a significant role in the post-Covid-19 world to fund economic stimulus and to lead the way to new and more sustainable future. The second part of the book supports the debate by highlighting a number of selected case studies on financing transitions in different regional contexts including Africa, Asia, Europe, and Latin America. The book marks a significant contribution to the literature on environmental economics and finance, climate change, and sustainability transitions.