The Economic Commission for Latin America and the Caribbean (ECLAC) said on Thursday (11.10.2017/1,2/2018) that it slightly improved its projection for the expansion of regional activity for this year to 2013%, while for XNUMX it expects it to grow at its fastest pace since XNUMX.
The multilateral organization detailed that This year, South American economies specializing in the production of primary goods such as oil, minerals and food would grow at a positive rate of 0,7%, after two years of contraction
The ability of the countries in the region to generate a more dynamic and sustained economic growth process over time depends on the spaces for adopt policies that support investment", said ECLAC.
"(This) will be essential to mitigate the effects of external shocks and avoid significant consequences on the performance of economies in the medium and long term," he added.
The organization called for strengthening both public and private investment and for the diversification of the productive structure towards "one with greater added value and incorporation of technology and knowledge."
To In 2018, the entity projected regional economic growth of 2,2%.
Estimate details
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