Annual Meeting of the Board of Governors of the Inter-American Development Bank

Press Release

ECLAC Proposes Cluster Policies to Escape the Current Low-Growth Trap in Latin America and the Caribbean

At the 2023 World Economic Forum Annual Meeting, the organization’s Executive Secretary, José Manuel Salazar-Xirinachs, emphasized that the root cause of the low growth the region is experiencing now in a second lost decade is low productivity and lack of production diversification.