ECLAC - Economic Commission for Latin America and the Caribbean

11/25/2021 | News release | Distributed by Public on 11/25/2021 11:52

Online launch of the Latin American Economic Outlook 2021

Register for the launch event

English- Spanish interpretation will be available

Despite rapid and well‑targeted policy action to respond to the crisis, the Latin American and Caribbean (LAC) region has been the global epicentre of the COVID -19 pandemic with the greatest socio-economic impacts. Although positive growth is foreseen for 2021, gross domestic product per capita is not expected to return to pre‑crisis levels before 2023‑24. The impact of the crisis has been asymmetric, particularly affecting the most vulnerable groups.

The 14th edition of the Latin American Economic Outlook, Working together for a better recovery, aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region.

The report explores in particular policy actions to improve social protection mechanisms and increase social inclusion, fostering regional integration and strengthening industrial strategies. It also highlights the need to rethink the social contract to restore trust and empower citizens at all stages of the policy‑making process. Finally, this report insists on the importance to continue renewing international co-operation to support these policy actions. The publication includes three cross‑cutting themes: climate change and the green recovery; the digital transformation and the gender dimension.

Since 2007, the annual Latin American Economic Outlook report has analysed issues related to economic and social development in Latin America. It is published jointly by the Development Centre of the Organisation for Economic Co-operation and Development (OECD), the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), CAF -Development Bank of Latin America, and the European Commission.

Distinguished panellists participating in the launch include:

  • H.E. Carlos Alvarado Quesada, President of the Republic of Costa Rica
  • H.E. Guillermo Lasso, President of the Republic of Ecuador
  • Alicia Bárcena, Executive Secretary of ECLAC
  • Mathias Cormann, Secretary-General of the OECD
  • Sergio Díaz-Granados, Executive President of the Development Bank of Latin America (CAF)
  • Jutta Urpilainen, Commissioner for International Partnerships, European Commission
  • Ragnheidur Arnadottir, OECD Development Centre Director

This report will be embargoed until Thursday 2 December 14:00 CET (08:00 am EST-NYT / 10:00 am Chile).

To register or request an advance copy in English, please contact [email protected] (Tel: + 33 145 24 82 96).

More information about the report can be found at: http://www.latameconomy.org. You are invited to include this link in Internet articles associated with the report. Follow the launch at #EconomicOutlook & #LatinAmerica.

Important: the rules of the OECD embargo prohibit any radio or television broadcast, or online publication from sharing any information from the study before the end of the embargo period. The media that have been provided embargoed OECD material are informed that if there is a breach of the OECD's rules, they will automatically be excluded from receiving any future embargoed OECD information.

Press contacts:

- CAF: [email protected]; Tel: +57 (1) 743-7368

- European Commission: [email protected]

- ECLAC: [email protected] ; Tel: + (56 2) 2 210 2040

- OECD Development Centre: [email protected]; Tel: +33 145 24 82 96