The Economic Outlook for Latin America and the Caribbean panel highlighted the urgent need for the region to accelerate GDP growth, which is currently at 2.5%, below the global average. Key issues addressed include the necessity for energy transition, social cohesion, and combating organized crime. The forum, attended by 1,500 participants and organized by CAF and other groups, emphasized that while the region faces significant challenges, it also possesses the resources needed to seek solutions and foster sustainable development.
Growth is the necessary condition for social and economic well-being, but this postulate can only take one path today: that of equity and sustainable development.
The immediate future of Latin America and the Caribbean is a mirror into which the rest of the world also looks. The region has the unavoidable urgency to accelerate an increase in its GDP.
This is a region of solutions that has all the necessary resources to grow, but there is a lack of private savings and investment.
The search for solutions was the guiding thread of the forum, reflecting on crucial challenges like energy transition and social cohesion.
#economic-growth #sustainable-development #latin-america #social-equity #challenges-and-opportunities
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