Preparación de la nueva Estrategia Internacional del Desarrollo para el Cuarto Decenio de las Naciones Unidas para el Desarrollo = Preparation of the new International Development Strategy for the Fourth United Nations Development Decade

Revisa los objetivos y metas propuestos para las estrategias anteriores y la medida en que estos se cumplieron. Analiza los temas que deberia atender el debate sobre la conveniencia de definir una estrategia para el Cuarto Decenio de las Naciones Unidas para el desarrollo, y se mencionan elementos que favorecen la iniciativa.

Recopilación de resoluciones relacionadas con la Estrategia Internacional del Desarrollo y el Nuevo Orden Económico Internacional aprobadas por la Asamblea General y el Consejo Económico y Social de las NU, CEPAL y CDCC = Collected resolutions on the International Development Strategy and the New International Economic Order adopted by the United Nations General Assembly and Economic and Social Council, the CEPAL and the CDCC

Incluye Bibliografía

Estrategia Internacional del Desarrollo: programa de acción de la Asamblea General para el Segundo Decenio de las Naciones Unidas para el Desarrollo = International Development Strategy: action programme of the General Assembly for the Second United Nations Development Decade

Incluye Bibliografía

Report of the Latin American and Caribbean Regional Meeting preparatory to the United Nations Conference on Sustainable Development

Includes bibliography

Latin American development and the international economic situation: second regional appraisal of the International Development Strategy: volume 1: Economic and social development of Latin America

Incluye Bibliografía

The United States, Latin America and the international debate on trade in services

Publicacado también en español en: Integración Latinoamericana, No 115, agosto de 1986

Estrategia Internacional de Desarrollo y establecimiento de un Nuevo Orden Económico Internacional: tercera evaluación regional, Guatemala, 1977 = International Development Strategy and establishment of a New International Economic Order: third regional appraisal, Guatemala, 1977

Evaluación de Guatemala. Resolución 362XVII aprobada por CEPAL en su Decimoséptimo Período de Sesiones, Guatemala, 1977

Evaluaciones regionales de la Estrategia Internacional del Desarrollo. Quito, Ecuador, 1973. Chaguaramas, Trinidad y Tobago, 1975 = Regional appraisals of the International Development Strategy. Quito, Ecuador, 1973. Chaguaramas, Trinidad and Tobago, 1975

Evaluación de Quito. Resolución 320XV aprobada por la CEPAL en su Decimoquinto Período de Sesiones, Quito, Ecuador, 1973. Evaluación de Chaguaramas. Resolución 347XVI aprobada por la CEPAL en su Decimosexto Período de Sesiones, Puerto España, Trinidad y Tobago, 1975

The United States subprime mortgage crisis and its implications for the Caribbean

The bursting of the property bubble – subprime mortgage crisis – in 2007 in the United States has engendered panic, recession fears and turmoil in the global financial system. Although the United States economy grew by 0.6 per cent in the last quarter of 2007, down from 4.9 per cent in the previous quarter, day by day worsening scenarios emerge, from escalating oil prices, to a depreciating dollar and financial institutions’ bailout by the Federal Reserve. Many economists and policy makers share the view that a subprime-led recession – i.e. two consecutive quarters with negative growth – is inevitable and will be much deeper and longer than the 2001 dot-com downturn. Moreover, the critical situation of the financial system has driven some analysts to argue that should the monetary policy response fails to restore confidence among investors, the outcome would be the worst crisis seen since the Great Depression. This pessimism is not only among specialists. Indeed, in late March 2008 the Consumer Confidence Index in the United States recorded its lowest level since February 1992. A recession in the United States will undoubtedly have an important impact on the world economy, despite the continuous rapid growth experienced by emerging economies, particularly China and India. The purpose of this article is threefold: first, to characterize the current situation in the United States economy; second, to discuss the economic policy responses; and finally, to elaborate on how Caribbean economies may be affected.