Macroeconomic Resilience in the Caribbean

• Tác giả: Ran Li
• Ngôn ngữ: eng
• Ký hiệu phân loại: 347.72 Civil procedure and courts
• Thông tin xuất bản: World Bank, Washington, DC, 2021
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 328422
• Chủ đề: 1. DEBT; 2. ECONOMIC DIVERSIFICATION; 3. ECONOMIC SHOCK; 4. MACROECONOMIC RESILIENCE; 5. NATURAL DISASTER RISK

Tóm tắt

Macroeconomic shocks refer to any unpredicted disturbance to the economy through internal or external factors. Economic resilience is broadly defined as the inherent or policy-induced ability of individuals or communities to withstand or recover from the effects of the various shocks. The external shocks lead to volatilities and impose high risks on the economies. This chapter aims to characterize the overall macroeconomic resilience in the Caribbean region against a broad range of external shocks.