COVID-19 Alters Near-Term Growth Trajectory of Central America and the Caribbean - Long-term Forecast to 2027

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May 14, 2021, 11:45 ET

DUBLIN, May 14, 2021 /PRNewswire/ -- The "COVID-19 Alters Near-Term Growth Trajectory of Central America and the Caribbean" report has been added to ResearchAndMarkets.com's offering.

The economic growth outlook for Central America and the Caribbean is restrained by multiple interrelated factors, mostly due to dependence on the external economic environment.

As global growth is poised to contract in 2020, regional growth stands to severely contract as well. In this research,the publisher analyzes the macroeconomic outlook for Puerto Rico, Panama, Jamaica, Trinidad and Tobago, Costa Rica, Dominican Republic, Guatemala, Guam, El Salvador, and Honduras through the year 2027.

What factors will drive the region's growth for the next 6 years? What stands to stymie growth prospects during this time? The study provides insights into the regional growth drivers and restraints from 2020 to 2027. This is a forward-looking macroeconomic assessment of elements such as GDP growth, inflation, monetary policy, and unemployment covering the 2016 to 2027 period.

Are corruption and drug-related violence still a major deterrent to investments in the region? Will fund misappropriation limit the region's ability to respond to the ongoing health crisis? The study puts in perspective the political backdrop against which economic elements operate. Likewise, the study isolates the key macroeconomic implication of the COVID-19 pandemic for each country.

Major global trends such as the decline in tourism-related activities and the rise in global unemployment, especially in North America, severely limit the region's outlook for the near-term. The study offers an in-depth exploration of the push for diversification across the region and among industries that will consequently see an increase in investment incentives.

Based on a detailed assessment of the macroeconomic situation, the publisher determines growth opportunities for businesses in this region that could be leveraged. The study highlights the key strategic imperatives that will ensure growth in Central America and the Caribbean.

Key Issues Addressed

What is the GDP growth outlook for Central American and the Caribbean economies?
What is the political outlook for these economies?
How will these economies be affected by the COVID-19 outbreak?
How much is inflation expected to fluctuate?
What is the monetary policy stance of these countries?
How high is the unemployment rate expected to climb?
How will regional trade be impacted?
What are some of the growth opportunities that businesses can leverage?

Key Topics Covered:

1. Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on Central America and the Caribbean

2. Growth Opportunities Fuel the Growth Pipeline Engine

Growth Opportunity Analysis - Central America and the Caribbean
Central America and the Caribbean Macroeconomic Overview
Key Economic Growth Metrics
Central America and the Caribbean: Economic Trends and Predictions
Economic Growth Drivers in Central America and the Caribbean
Economic Growth Restraints in Central America and the Caribbean

3. Macroeconomic Key Takeaways

Puerto Rico: Macroeconomic Key Takeaways
Panama: Macroeconomic Key Takeaways
Jamaica: Macroeconomic Key Takeaways
Trinidad and Tobago: Macroeconomic Key Takeaways
Costa Rica: Macroeconomic Key Takeaways
Dominican Republic: Macroeconomic Key Takeaways
Guatemala: Macroeconomic Key Takeaways
Guam: Macroeconomic Key Takeaways
El Salvador: Macroeconomic Key Takeaways
Honduras: Macroeconomic Key Takeaways

4. Puerto Rico: Macroeconomic Outlook

Puerto Rico: Political Analysis
Puerto Rico: GDP Growth Outlook
Puerto Rico: Inflation and Interest Rate Outlook
Puerto Rico: Labor Market Outlook
Puerto Rico: COVID-19 Macroeconomic Implications

5. Panama: Macroeconomic Outlook

Panama: Political Analysis
Panama: GDP Growth Outlook
Panama: Inflation and Interest Rate Outlook
Panama: Labor Market Outlook
Panama: COVID-19 Macroeconomic Implications

6. Jamaica: Macroeconomic Outlook

Jamaica: Political Analysis
Jamaica: GDP Growth Outlook
Jamaica: Inflation and Interest Rate Outlook
Jamaica: Labor Market Outlook
Jamaica: COVID-19 Macroeconomic Implications

7. Trinidad and Tobago: Macroeconomic Outlook

Trinidad and Tobago: Political Analysis
Trinidad and Tobago: GDP Growth Outlook
Trinidad and Tobago: Inflation and Interest Rate Outlook
Trinidad and Tobago: Labor Market Outlook
Trinidad and Tobago: COVID-19 Macroeconomic Implications

8. Costa Rica: Macroeconomic Outlook

Costa Rica: Political Analysis
Costa Rica: GDP Growth Outlook
Costa Rica: Inflation and Interest Rate Outlook
Costa Rica: Labor Market Outlook
Costa Rica: COVID-19 Macroeconomic Implications

9. Dominican Republic: Macroeconomic Outlook

Dominican Republic: Political Analysis
Dominican Republic: GDP Growth Outlook
Dominican Republic: Inflation and Interest Rate Outlook
Dominican Republic: Labor Market Outlook
Dominican Republic: COVID-19 Macroeconomic Implications

10. Guatemala: Macroeconomic Outlook

Guatemala: Political Analysis
Guatemala: GDP Growth Outlook
Guatemala: Inflation and Interest Rate Outlook
Guatemala: Labor Market Outlook
Guatemala: COVID-19 Macroeconomic Implications

11. Guam: Macroeconomic Outlook

Guam: Political Analysis
Guam: GDP Growth Outlook
Guam: Inflation and Interest Rate Outlook
Guam: Labor Market Outlook
Guam: COVID-19 Macroeconomic Implications

12. El Salvador: Macroeconomic Outlook

El Salvador: Political Analysis
El Salvador: GDP Growth Outlook
El Salvador: Inflation and Interest Rate Outlook
El Salvador: Labor Market Outlook
El Salvador: COVID-19 Macroeconomic Implications

13. Honduras: Macroeconomic Outlook

Honduras: Political Analysis
Honduras: GDP Growth Outlook
Honduras: Inflation and Interest Rate Outlook
Honduras- Labor Market Outlook
Honduras: COVID-19 Macroeconomic Implications

14. Growth Opportunity Universe - Latin America and the Caribbean

Growth Opportunity 1: Nearshoring to Raise Regional Production Opportunities, 2020
Growth Opportunity 2: Leverage the Expansionary Monetary Policy for Post-COVID-19 Recovery, 2020
Growth Opportunity 3: Expedited Adoption of Electric Vehicles, 2020
Growth Opportunity 4: Rise in Used Car Sales, 2020
Growth Opportunity 5: Economic Diversification Opens Opportunities in New Industries, 2020

15. Next Steps

Countries Covered

Costa Rica
Dominican Republic
El Salvador
Guam
Guatemala
Honduras
Jamaica
Panama
Puerto Rico
Trinidad and Tobago

For more information about this report visit https://www.researchandmarkets.com/r/mum5de

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