Declining economic growth and competitiveness, the impact of the 2007–2009 global financial crisis, and the challenge of climate change and extreme weather events have hindered the sustainable development of Caribbean economies, the generation of sustained welfare gains and the achievement of key Sustainable Development Goals (SDGs). Moreover, the COVID-19 pandemic has exacerbated the subregion’s vulnerability to the vagaries of global aggregate demand and commodity prices, which have largely driven the subregion’s debt upwards and dampened economic growth before its onset, compromising its ec…
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, reaffirmed today that developing countries and especially middle-income countries (which comprise the majority of the region’s nations) need a liquidity boost and to participate actively in debt relief initiatives.
“The developed world is investing to achieve the 2030 Agenda’s Sustainable Development Goals (SDGs) and a green recovery, but developing countries are being left behind,” the Commission’s highest authority warned during a session entitled Investing in the SDGs, held in the…
La Secretaria Ejecutiva de la Comisión Económica para América Latina y el Caribe (CEPAL), Alicia Bárcena, reafirmó hoy que los países en desarrollo y especialmente los países de ingreso medio (que incluyen a la mayoría de la región) necesitan un impulso de liquidez y participar activamente en las iniciativas de alivio de la deuda.
“El mundo desarrollado está invirtiendo para alcanzar los Objetivos de Desarrollo Sostenible (ODS) de la Agenda 2030 y para una recuperación verde, pero los países en desarrollo se están quedando atrás”, advirtió la máxima autoridad de la Comisión durante la sesión t…
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