Latin America calls for economic recovery on a restricted Labor Day riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.
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Economic Reactivation Needs Productive, Fiscal and Institutional Structural Reforms to Move Towards an Inclusive and Sustainable
A special issue of the CEPAL Review on COVID-19’s economic and social effects in the region was presented during a webinar led by Alicia Bárcena, the organization’s Executive Secretary.
The region of Latin America and the Caribbean has been the most affected by the COVID-19 pandemic, and the most harmed in economic and social terms. This is due to longstanding structural factors that have portended its dysfunctional development pattern. That is why the economic reactivation must pursue, at the same time, significant productive, fiscal and institutional structural reforms, in order to move forward on configuring a new, inclusive and sustainable development pattern.
RIO DE JANEIRO, BRAZIL - The Economic Commission for Latin America and the Caribbean (ECLAC) has slightly improved the region s growth outlook for 2021 to 4.1%, an average higher than the 3.7% projected by the organization last December.
This was announced on Thursday by ECLAC s executive secretary, Alicia Bárcena, who, however, pointed out that the improvement is not enough to neutralize the drop suffered in the region due to the pandemic and return to pre-covid-19 levels. The region contracted 7.1 % in 2020, it is going to grow 4.1 % this year, we estimate . . .
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The region of Latin America and the Caribbean has been the most affected by the COVID-19 pandemic, and the most harmed in economic and social terms. This is due to longstanding structural factors that have portended its dysfunctional development pattern. That is why the economic reactivation must pursue, at the same time, significant productive, fiscal and institutional structural reforms, in order to move forward on configuring a new, inclusive and sustainable development pattern.
So stated Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), and Mario Cimoli, Deputy Executive Secretary of that United Nations regional organization, in a joint article published in the latest edition of the
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