The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) foresaw this week in its its annual Latin America and the Caribbean International Trade Outlook that regional exports of goods would bounce back in 2024 after last year's 1% contraction while service exports will complete their fourth consecutive year of double-digit growth.
The Santiago de Chile-based Economic Commission for Latin America and the Caribbean (ECLAC) issued this week a new edition of its annual Economic Survey of Latin America and the Caribbean 2024 report highlighting the region's poor investment performance, low labor productivity, and limited fiscal space.
In its annual report Preliminary Overview of the Economies of Latin America and the Caribbean, the UN Economic Commission for Latin America and the Caribbean, ECLAC projects that regional growth next year will be a third of the rate forecast for 2022.
The Economic Commission for Latin America and the Caribbean (ECLAC) urged governments in the region this week to address the issue of aging people during the V Regional Conference on Aging and the Rights of Older Persons in Santiago.
Despite a 40.7% growth from 2021, Foreign Direct Investments (FDI) in Latin America continue to be below the levels recorded before the COVID-19 pandemic, according to a report released Tuesday in Santiago by the Economic Commission for Latin America and the Caribbean (ECLAC).