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23 August 2022 | Press Release

In 2022 the Region is Expected to Resume the Path of Low Growth Seen Prior to the COVID-19 Pandemic, Growing 2.7% on Average

In a new edition of its flagship annual report “Economic Survey of Latin America and the Caribbean,” the United Nations organization underlines the challenges of reactivating investment and growth in a context of growing external and domestic restrictions.

12 January 2022 | Press Release

Latin America and the Caribbean’s Growth Will Slow to 2.1% in 2022 amid Significant Asymmetries between Developed and Emerging Countries

In its annual report Preliminary Overview of the Economies 2021, ECLAC emphasizes that 2022 will be a year of major challenges for growth, job creation and tackling the pandemic’s social toll.

31 August 2021 | Press Release

Latin America and the Caribbean Will Grow 5.9% in 2021, Reflecting a Statistical Carry-over Effect that Will Moderate to 2.9% in 2022

ECLAC’s new annual report warns that the crisis has worsened the region’s structural problems, forecasts a deceleration for next year, and affirms that in order to sustain inclusive, dynamic and sustainable growth, more investment and employment are needed.

5 August 2021 | Press Release

Amid the COVID-19 Crisis, Latin America and the Caribbean Received in 2020 the Lowest Amount of Foreign Direct Investment in a Decade

In a new report, ECLAC calls on the region’s countries to channel FDI flows – which are expected to hold steady in 2021 – towards activities that generate greater productivity, innovation and technology.

8 July 2021 | Press Release

Growth in Latin America and the Caribbean in 2021 Will Not Manage to Reverse the Adverse Effects of the Pandemic

In a new report, ECLAC raised its regional growth estimate for this year to 5.2% based on an economic rebound but that does not ensure sustained expansion. It warns that the social impacts of the crisis are worsening and will continue during the recovery.

16 December 2020 | Press Release

Latin America and the Caribbean Will Have Positive Growth in 2021, but It Will Not Be Enough to Recover Pre-Pandemic Levels of Economic Activity

In its Preliminary Overview of the Economies of the region, ECLAC forecasts an average contraction of -7.7% for 2020 – the largest in 120 years – and a rebound of 3.7% in 2021.

6 October 2020 | Press Release

For the Recovery and a Transformation towards Sustainable Economies and Inclusive Societies, Active Macroeconomic Policies must be Maintained and Deepened

ECLAC launched its Economic Survey of Latin America and the Caribbean 2020, an annual report in which it reaffirms that international cooperation, through better distribution of global liquidity, must underpin the expansion of policy space in the region.

10 September 2020 | Press Release

Caribbean Countries Call for Implementing Urgent Solutions to Support Financing for Development in the Era of COVID-19 and Beyond

Authorities from more than 25 countries met with ECLAC and other multilateral organizations at the Caribbean Development Roundtable and the Caribbean Development and Cooperation Committee.

30 July 2020 | Press Release

ECLAC and PAHO: Controlling the pandemic requires convergence and coordination between health, economic, social and productive policies

New joint report states that economic recovery will only be possible by flattening the curve of contagion. It proposes three phases to control the pandemic, reactivate the economy with protection, and rebuild in an inclusive and sustainable way.

15 July 2020 | Press Release

Contraction of Economic Activity in the Region Intensifies Due to the Pandemic: It Will Fall -9.1% in 2020

ECLAC updated its growth projections for Latin American and Caribbean countries today. It underscores that both the external and domestic shocks have been stronger than what was foreseen last April, which led to a downward revision of the figures.

29 June 2020 | Press Release

ECLAC Calls for Moving Towards a Big Push for Sustainability as a Strategy for Emerging from the Current Crisis

In a joint virtual seminar with the Federal Senate of Brazil, the commission’s Executive Secretary, Alicia Bárcena, emphasized that a new development model will be needed after the COVID-19 pandemic.

21 April 2020 | Press Release

COVID-19 Pandemic Will Lead to the Biggest Contraction in Economic Activity in the Region’s History: A -5.3% Drop in 2020

ECLAC released new growth projections for Latin American and Caribbean countries. It underscores that in the medium term, this crisis will provoke structural changes in the organization of production, international trade, and the current globalization model.

3 April 2020 | Press Release

The Only Strategic Option in the Medium Term to Mitigate COVID-19’s Effects in the Region is to Move Towards a New Development Model through Greater Integration

A new report by ECLAC warns that the crisis unleashed by the coronavirus illness could lead to a contraction of at least -1.8% in Latin America and the Caribbean’s GDP in 2020.