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Latin America

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. LIVE TRANSMISSION (English translation available) (January 12, 2022) The Latin America…

PAHO welcomes endorsement of first COVID-19 vaccine produced in Latin America

Approval under WHO Emergency Use Listing will increase vaccine availability as pandemic persists Washington, D.C., 23 December 2021 (PAHO) – The Pan American Health Organization (PAHO) welcomed the WHO listing today of an AstraZeneca vaccine jointly produced by Argentina and Mexico…

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Inclusion of persons with disabilities is crucial for the sustainable development of Latin America and the Caribbean

From World Bank Group WASHINGTON D.C., December 2, 2021 – Approximately 85 million people in Latin America and the Caribbean have some type of disability, accounting for 14.7 percent of the total population, according to a new World Bank report. The…

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New UN report: Hunger in Latin America and the Caribbean rose by 13.8 million people in just one year

Hunger rose more sharply than in any other region between 2019 and 2020, reaching 59,7 million people, its highest point since 2000. Food insecurity affects 267 million people and 106 million adults present obesity. Washington, DC, November 30, 2021 – Hunger in Latin…

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The World Bank and UNDP Present the Results of the Regional Survey “An Uneven Recovery: the Impact of COVID-19 on Latin America and the Caribbean”

WASHINGTON D.C., November 29, 2021– Employment rates in some Latin American and Caribbean countries have experienced a relative recovery, although in most, rates fall short of pre-pandemic levels. The quality of available jobs has also declined, as has the number…

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Remittance Flows Register Robust 7.3 Percent Growth in 2021

From The World Bank WASHINGTON, Nov 17, 2021 — Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021. This return to growth is more robust than earlier estimates and…

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Europe and Latin America and the Caribbean: a new partnership for the future

Op-Ed – By Aicia Barcena -Jutta Urpilainen – EU-LAC and Development in Transition Recovery from the coronavirus disease (COVID-19) crisis is a global challenge. No country, no region, no continent can face it alone. It is therefore right for the…

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Economic crisis pushes many workers into the informal Labor Market in Latin America and the Caribbean

WASHINGTON, June 17, 2021 – Economic crises like the one that Latin America and the Caribbean is suffering now, have long-lasting effects on the structure of employment and may permanently drive many from the formal economy, according to a new World…

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Canada and PAHO join forces to advance COVID-19 vaccination of people in a situation of vulnerability across the Caribbean and Latin America

One of the components of this new partnership seeks to boost country efforts aimed at protecting at-risk individuals from COVID-19 with the common vision of Pan-American solidarity   Washington DC., May 27, 2021 (PAHO) — A new collaboration between the Government…

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PAHO Director calls for closing “glaring” vaccine gap by expanding vaccine production in Latin America and the Caribbean

Only 3% of the regional population is fully vaccinated against COVID-19. Less than 4% of medical products used during the pandemic have come from the region. Production of vaccines and medical supplies in the region must expand to reduce overdependence…