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Montevideo, May 17th 2024 - 01:27 UTC

Tag: Carlos Felipe Jaramillo

  • Friday, April 12th 2024 - 15:30 UTC

    Latin America and Caribbean persistent low growth and stalled progress, World Bank report

    “We must act decisively to help Latin America and the Caribbean break away from this cycle,” said Carlos Felipe Jaramillo, WB Vice President for LAC

    Latin America and the Caribbean (LAC) has reached a critical juncture. While the region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress. Urgent action is needed to reverse course. In a new report, “Competition: The Missing Ingredient for Growth?” the World Bank highlights potential areas for action, emphasizing that leveraging competition policies and institutions is key to any impactful growth strategy.