Central America and the Caribbean Shows Gradual Recovery from the Disruptive Impact of COVID-19

Central America and the Caribbean Shows Gradual Recovery from the Disruptive Impact of COVID-19

Increased Future Growth Potential through Reshoring, Digitization, and Economic Diversification

RELEASE DATE
23-Jul-2021
REGION
Latin America
Deliverable Type
Market Research
Research Code: 9AE5-00-35-00-00
SKU: CI00762-LA-MT_25605
AvailableYesPDF Download
$2,450.00
In stock
SKU
CI00762-LA-MT_25605

Central America and the Caribbean Shows Gradual Recovery from the Disruptive Impact of COVID-19
Published on: 23-Jul-2021 | SKU: CI00762-LA-MT_25605

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The economic growth outlook for Central America and the Caribbean (CAC) countries is set to rebound in 2021 from the deep economic contractions experienced in 2020 on account of COVID-19 led disruptions. The region is still heavily dependent on external demand, be it tourism inflows in the Caribbean or trade in Central America.

As global growth is poised to make a growth recovery in 2021, regional growth stands to see improvement in the growth outlook. In this research, Frost & Sullivan has analyzed the macroeconomic outlook for Puerto Rico, Panama, Jamaica, Trinidad and Tobago, Costa Rica, Dominican Republic, Guatemala, Guam, El Salvador, and Honduras until 2028. The region grappled with strict containment measures, not to mention the multiple natural disasters that limited swift economic recovery. Improvement in global trade sentiment and mass vaccination campaigns provide a silver lining to regional growth in 2021.

The study puts into perspective the political backdrop against which economic elements operate. 2020 saw mass protests in several countries on account of discontentment over the handling of Covid-19. As domestic lockdown and border closure are lifted, migration to the US will steadily rise.

Key Issues Addressed

  • What factors drive growth in this region? What are the major restraints?
  • Are corruption and drug-related violence still major deterrents to investment in this region?
  • Has the region seen improvements in political stability in recent years?
  • What is the GDP growth outlook for Central American and Caribbean economies?
  • What is the political outlook for these economies?
  • How much is inflation expected to fluctuate?
  • What is the monetary policy stance of these countries?
  • How will regional trade be impacted?
  • How will US policy changes impact the region?
  • What are some of the growth opportunities that businesses can leverage?

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Central America and the Caribbean

Growth Opportunities Fuel the Growth Pipeline Engine™

Central America and the Caribbean Macroeconomic Overview

Key Economic Growth Metrics

Key Economic Growth Metrics (continued)

Key Economic Growth Metrics (continued)

Key Economic Growth Metrics (continued)

Key Economic Growth Metrics (continued)

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

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

Puerto Rico—Political Analysis

Puerto Rico—GDP Growth Outlook

Puerto Rico—Inflation and Interest Rate Outlook

Panama—Political Analysis

Panama—GDP Growth Outlook

Panama—Inflation and Interest Rate Outlook

Jamaica—Political Analysis

Jamaica—GDP Growth Outlook

Jamaica—Inflation and Interest Rate Outlook

Trinidad and Tobago—Political Analysis

Trinidad and Tobago—GDP Growth Outlook

Trinidad and Tobago—Inflation and Interest Rate Outlook

Costa Rica—Political Analysis

Costa Rica—GDP Growth Outlook

Costa Rica—Inflation and Interest Rate Outlook

Dominican Republic—Political Analysis

Dominican Republic—GDP Growth Outlook

Dominican Republic—Inflation and Interest Rate Outlook

Guatemala—Political Analysis

Guatemala—GDP Growth Outlook

Guatemala—Inflation and Interest Rate Outlook

Guam—Political Analysis

Guam—GDP Growth Outlook

Guam—Inflation and Interest Rate Outlook

El Salvador—Political Analysis

El Salvador—GDP Growth Outlook

El Salvador—Inflation and Interest Rate Outlook

Honduras—Political Analysis

Honduras—GDP Growth Outlook

Honduras—Inflation and Interest Rate Outlook

2021 Global Growth Scenario Analysis

2021 US Economic Outlook

US Policy Impact Analysis

Growth Opportunity 1—Rise in Regional Production Opportunities as Businesses Reshore

Growth Opportunity 1—Rise in Regional Production Opportunities as Businesses Reshore (continued)

Growth Opportunity 2—Leverage the Expansionary Monetary Policy for Post-pandemic Recovery

Growth Opportunity 2—Leverage the Expansionary Monetary Policy for Post-pandemic Recovery (continued)

Growth Opportunity 3—Expansion of Cold Chain Infrastructure for Vaccine Distribution

Growth Opportunity 3—Expansion of Cold Chain Infrastructure for Vaccine Distribution (continued)

Growth Opportunity 4—Investment Opportunities in New Industries through Economic Diversification Initiatives

Growth Opportunity 4—Investment Opportunities in New Industries through Economic Diversification Initiatives (continued)

Growth Opportunity 5—Leverage the Rebound in Consumer Demand Across Industries Driven by Remittance Recovery

Growth Opportunity 5—Leverage the Rebound in Consumer Demand Across Industries Driven by Remittance Recovery (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

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Impacting your company's future growth potential.

The economic growth outlook for Central America and the Caribbean (CAC) countries is set to rebound in 2021 from the deep economic contractions experienced in 2020 on account of COVID-19 led disruptions. The region is still heavily dependent on external demand, be it tourism inflows in the Caribbean or trade in Central America. As global growth is poised to make a growth recovery in 2021, regional growth stands to see improvement in the growth outlook. In this research, Frost & Sullivan has analyzed the macroeconomic outlook for Puerto Rico, Panama, Jamaica, Trinidad and Tobago, Costa Rica, Dominican Republic, Guatemala, Guam, El Salvador, and Honduras until 2028. The region grappled with strict containment measures, not to mention the multiple natural disasters that limited swift economic recovery. Improvement in global trade sentiment and mass vaccination campaigns provide a silver lining to regional growth in 2021. The study puts into perspective the political backdrop against which economic elements operate. 2020 saw mass protests in several countries on account of discontentment over the handling of Covid-19. As domestic lockdown and border closure are lifted, migration to the US will steadily rise.--BEGIN PROMO--

Key Issues Addressed

  • What factors drive growth in this region? What are the major restraints?
  • Are corruption and drug-related violence still major deterrents to investment in this region?
  • Has the region seen improvements in political stability in recent years?
  • What is the GDP growth outlook for Central American and Caribbean economies?
  • What is the political outlook for these economies?
  • How much is inflation expected to fluctuate?
  • What is the monetary policy stance of these countries?
  • How will regional trade be impacted?
  • How will US policy changes impact the region?
  • What are some of the growth opportunities that businesses can leverage?
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Sambhavy Shrestha
Industries Cross Industries
WIP Number 9AE5-00-35-00-00
Is Prebook No
GPS Codes 9A6B