ECLAC updated its growth projections for 2015 and next year. The fall in commodities prices and declining investment are some of the factors behind the slow regional expansion.
The regional economic dynamic shows a marked diversity. The economies of the South will be the most affected by the impact of a less favorable external context, the organization said.
This downward revision by the United Nations organization reflects a global environment characterized by less economic dynamism than was expected in late 2014.
In the report Fiscal Panorama of Latin America and the Caribbean 2015, the United Nations organization highlights that in the last 25 years, the external public debt has fallen from 70% to 16% of the region’s GDP.
Alicia Bárcena participated in two events at the National Autonomous University of Mexico (UNAM): a globalization debate and the Ricardo Torres Gaitán Lecture.
This document, which can be found starting today on the Internet, details the social, economic and environmental development of Latin America and the Caribbean.
