Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean

This article underscores the pressing need to transition to a new development model in Latin America and the Caribbean as the region strives to cope with the current health emergency. Statistics show that the Latin American and Caribbean region has been hit harder by the pandemic than any other a...

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Autores principales:	Bárcena Ibarra, Alicia, Cimoli, Mario
Formato:	Texto
Lenguaje:	English
Publicado:	2021
Materias:	COVID-19 VIRUS EPIDEMIAS ASPECTOS ECONOMICOS CRISIS ECONOMICA SALUD POBREZA DESEMPLEO CRECIMIENTO ECONOMICO PRODUCTO INTERNO BRUTO DISTRIBUCION DEL INGRESO VIRUSES EPIDEMICS ECONOMIC ASPECTS ECONOMIC CRISIS HEALTH POVERTY UNEMPLOYMENT ECONOMIC GROWTH GROSS DOMESTIC PRODUCT INCOME DISTRIBUTION
Acceso en línea:	https://hdl.handle.net/11362/46926
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id	oai-11362-46926
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spelling	oai-11362-469262021-06-01T13:58:52Z Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean Bárcena Ibarra, Alicia Cimoli, Mario COVID-19 VIRUS EPIDEMIAS ASPECTOS ECONOMICOS CRISIS ECONOMICA SALUD POBREZA DESEMPLEO CRECIMIENTO ECONOMICO PRODUCTO INTERNO BRUTO DISTRIBUCION DEL INGRESO COVID-19 VIRUSES EPIDEMICS ECONOMIC ASPECTS ECONOMIC CRISIS HEALTH POVERTY UNEMPLOYMENT ECONOMIC GROWTH GROSS DOMESTIC PRODUCT INCOME DISTRIBUTION This article underscores the pressing need to transition to a new development model in Latin America and the Caribbean as the region strives to cope with the current health emergency. Statistics show that the Latin American and Caribbean region has been hit harder by the pandemic than any other and that it has also sustained the most damage in economic and social terms. This is attributable to long-standing structural factors that set the stage for the emergence of its present dysfunctional development pattern. The region grew by a scant 0.4% per year between 2014 and 2019 against the backdrop of a widening external productivity gap, deepening structural heterogeneity, low-productivity development paths and a declining share of wages in GDP. All this has eroded its social and economic development process. The economic reactivation effort must therefore be based on a package of coordinated, ambitious structural reforms in the areas of production, fiscal policy and institutional affairs in order to forge an inclusive and sustainable development style. 2021-05-31T19:56:30Z 2021-05-31T19:56:30Z 2020-12-31 Texto Sección o Parte de un Documento https://hdl.handle.net/11362/46926 LC/PUB.2021/4-P 3 en CEPAL Review - Special issue CEPAL Review 132 .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN
institution	Cepal
collection	Cepal
language	English
topic	COVID-19 VIRUS EPIDEMIAS ASPECTOS ECONOMICOS CRISIS ECONOMICA SALUD POBREZA DESEMPLEO CRECIMIENTO ECONOMICO PRODUCTO INTERNO BRUTO DISTRIBUCION DEL INGRESO COVID-19 VIRUSES EPIDEMICS ECONOMIC ASPECTS ECONOMIC CRISIS HEALTH POVERTY UNEMPLOYMENT ECONOMIC GROWTH GROSS DOMESTIC PRODUCT INCOME DISTRIBUTION
spellingShingle	COVID-19 VIRUS EPIDEMIAS ASPECTOS ECONOMICOS CRISIS ECONOMICA SALUD POBREZA DESEMPLEO CRECIMIENTO ECONOMICO PRODUCTO INTERNO BRUTO DISTRIBUCION DEL INGRESO COVID-19 VIRUSES EPIDEMICS ECONOMIC ASPECTS ECONOMIC CRISIS HEALTH POVERTY UNEMPLOYMENT ECONOMIC GROWTH GROSS DOMESTIC PRODUCT INCOME DISTRIBUTION Bárcena Ibarra, Alicia Cimoli, Mario Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
description	This article underscores the pressing need to transition to a new development model in Latin America and the Caribbean as the region strives to cope with the current health emergency. Statistics show that the Latin American and Caribbean region has been hit harder by the pandemic than any other and that it has also sustained the most damage in economic and social terms. This is attributable to long-standing structural factors that set the stage for the emergence of its present dysfunctional development pattern. The region grew by a scant 0.4% per year between 2014 and 2019 against the backdrop of a widening external productivity gap, deepening structural heterogeneity, low-productivity development paths and a declining share of wages in GDP. All this has eroded its social and economic development process. The economic reactivation effort must therefore be based on a package of coordinated, ambitious structural reforms in the areas of production, fiscal policy and institutional affairs in order to forge an inclusive and sustainable development style.
format	Texto
author	Bárcena Ibarra, Alicia Cimoli, Mario
author_facet	Bárcena Ibarra, Alicia Cimoli, Mario
author_sort	Bárcena Ibarra, Alicia
title	Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
title_short	Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
title_full	Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
title_fullStr	Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
title_full_unstemmed	Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean
title_sort	structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in latin america and the caribbean
publishDate	2021
url	https://hdl.handle.net/11362/46926
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Structural asymmetries and the health crisis: the imperative of a transformative recovery for the advancement of sustainable development in Latin America and the Caribbean

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