Latin America's Gross Domestic Product (GDP) has been reported to be slowing down, with a 2.7% expansion projected for the end of 2022, according to an Economic Commission for Latin America and the Caribbean (ECLAC) report released in Santiago on Tuesday.
Poverty in Latin America will grow to 33.7% and extreme poverty to 14.9% this year as a direct consequence of the war between Russia and Ukraine, the Economic Commission for Latin America and the Caribbean (ECLAC) has warned.
The economies of Latin America and the Caribbean face a complex situation in 2022 because of the Russia/Ukraine war with its shadow of uncertainty for the world economy. This is negatively affecting global growth, and at regional level, lower expected growth will be accompanied by higher inflation and slower employment recovery.
This March 8, on the occasion of International Women's Day, the UN established the theme “Gender equality today, for a sustainable tomorrow”. In order to “move towards achieving sustainable development, responding to the climate crisis we face, managing and reducing disaster risk and strengthening the resilience of all women, leaving no one behind”.
In its annual report Social Panorama of Latin America, ECLAC estimates that the number of people living in extreme poverty rose by around 5 million between 2020 and 2021. The United Nations organization calls for moving towards universal, comprehensive, sustainable, and resilient social protection systems.
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.
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%.