Tuesday, August 16, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina



Latin America shows slight economic recovery


Latin America shows slight economic recovery

Paris, Dec 30 (Prensa Latina) After an unprecedented setback in growth due to Covid-19, Latin America and the Caribbean show today a slight economic recovery, although insufficient to regain the ground lost, the Organization for Economic Cooperation and Development (OECD).
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

OECD’s Latin American Economic Outlook 2021 warns the region has gone through a series of serious dysfunctions, weakened even more by the Covid-19 pandemic.

It is a setback in the levels of the Gross Domestic Product (GDP) per capita, which will only recover to pre-pandemic levels by 2023-2024.

The OECD recalled that, in addition, more than 20 million people fell into poverty due to a drastic reduction in their income and, at the same time, a social withdrawal.

It has been an asymmetric shock that has particularly affected the most vulnerable populations, said the head of the OECD Development Centre’s Latin America and Caribbean Unit, Sebastian Nieto.

Latin America and the Caribbean is the region most affected in the world by the coronavirus, its consequences are felt at all levels: more than 20 million people fell into poverty and the impact on the quality of education systems will be unprecedented.

One of the ideas mentioned to change the situation is that of Development in Transition, which is translated into going beyond GDP, stated the OECD in its report.


name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.