A new special report by ECLAC indicates that the economic deceleration, higher inflation and the slow and incomplete recovery of labor markets will increase poverty, extreme poverty and food insecurity in the region in 2022.
The organization’s Acting Executive Secretary, Mario Cimoli, will unveil the document at a hybrid press conference on Monday, June 6, at the institution’s central headquarters in Santiago, Chile.
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.