Inflation in Latin America for the year 2021 was way above projections, the Economic Commission for Latin America and the Caribbean (ECLAC) has said in a report issued from its Santiago headquarters.Add your comment!
Growth in Latin America and the Caribbean will slow down in 2022 to 2.1%, after a 6.2% increase on average last year, the Economic Commission for Latin America and the Caribbean (ECLAC) forecast Wednesday in a study.
The United Nations Economic Commission for Latin America and the Caribbean estimates a 25% increase in the value of regional goods exports during 2021, following a 10% drop in 2020, driven by a 17% rise in export prices and an 8% expansion in the volume of shipments.
In n a new joint report released the Pan American Health Organization (PAHO) and the Economic Commission for Latin America and the Caribbean (ECLAC) urge the governments of the region to accelerate vaccination processes and improve health systems.
A new “Economic Study of Latin America and the Caribbean” report released Tuesday by the Economic Commission for Latin America and the Caribbean (ECLAC) raised its growth forecast for the region from 5.2% in July to 5.9%.
The Economic Commission for Latin America and the Caribbean (ECLAC) raised its average growth estimate for the region in 2021 to 5.2%, reflecting a rebound from the deep contraction of 6.8% registered in 2020 as a consequence of the adverse effects of the COVID-19 pandemic.
Argentine Foreign Affairs Minister Felipe Sola on Monday called on Latin American and Caribbean countries to embrace “solidarity multilateralism” to overcome the impact of the COVID-19 pandemic.
Countries of Latin America and the Caribbean must continue to ratchet up stimulus to beat back the devastating economic impacts of the coronavirus pandemic, the UN agency ECLAC said in a report issued this week.
Brussels, 09 April 2018 - Three out of four Latin Americans today show little or no confidence in their national governments. Around 80% think corruption is widespread. These levels are both up from 55% and 67% respectively in 2010. Mistrust is rising as in most regions of the world and risks deepening the disconnect between people and public institutions, harming social cohesion and weakening the social contract. Reconnecting public institutions with citizens by better responding to their demands is thus critical for strengthening growth and sustainable development in Latin America and the Caribbean (LAC) and for the well-being of the region’s citizens, according to the Latin American Economic Outlook 2018, Rethinking Institutions for Development. The region needs more transparent, capable, credible and innovative institutions if it wants to put itself on a higher and more inclusive development trajectory.
The non encouraging economic outlook for the current year will likely prompt a mild increase in the regional unemployment rate to 6.2% from the 6.0% registered in 2014, according to estimates released by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labor Organization (ILO).