The Economic Commission for Latin America and the Caribbean (ECLAC) presented last Saturday, March 25, to Ibero-American governments a document with 15 recommendations to promote economic growth in their countries, emphasizing, among other areas, cooperation between public and private agents.
The recommendations are part of a document presented on Saturday 25 by the Executive Secretary of ECLAC, José Manuel Salazar-Xirinachs, at a meeting of business organizations in the framework of the XXVIII Ibero-American Summit, which also culminated last Saturday in the Dominican Republic.
In view of the international challenges facing the Ibero-American bloc, ECLAC proposed, among other actions, reconfiguring global supply chains, advancing in the energy transition and promoting green hydrogen, as well as promoting the exploitation of lithium, the circular economy and digital transformation.
The ECLAC document also includes the promotion of sectors such as electromobility, the bioeconomy, the pharmaceutical industry, the export of medical services, sustainable tourism and the care society.
To recover the pace of investment and economic growth in Ibero-America, ECLAC proposed “reorienting development patterns towards more knowledge-intensive sectors”, which attract greater demand and employment, in order to favor the “diversification of exports”.
The organization also stressed in its report the “proactive and dynamic role” that States and public policies should play in promoting sectoral economic development projects.
“Ibero-America has a great opportunity to participate actively in the design of the new international governance and to defend its interests and aspirations within a framework of renewed international cooperation,” José Manuel Salazar-Xirinachs stressed at the meeting with business leaders.
“Crises must be opportunities for learning. Therefore, this document calls for action and international cooperation to overcome limitations, take advantage of opportunities and create spaces of hope,” concluded the executive secretary of the economic organization.
According to data from ECLAC, which is based in Santiago de Chile, the Ibero-American region covers 15.3% of the planet’s surface, accounts for 8.7% of the world’s population and, in 2021, constituted 8.6% of the world’s GDP.
By 2023, ECLAC projects lower growth in Ibero-American countries than in 2022, with the exception of Paraguay, and only 22 countries in the bloc will have growth rates higher than 3%.
Source:
Diario Libre