ECLAC calls for new development paradigm in Caribbean amid COVID-19 pandemic

ECLAC calls for new development paradigm in Caribbean amid COVID-19 pandemic

SANTIAGO, Chile (CMC) — Executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) Alicia Bárcena is calling for a new development paradigm in the region that recognises social, environmental and economic interdependence.

Participating in a virtual seminar organised by the Spanish organisation Casa de América, focusing on how to face the crisis caused by the coronavirus (COVID-19) pandemic in Latin America and the Caribbean, Bárcena said, at this time, “the need for international cooperation is more urgent on the fiscal side.

“For that reason, international financial organisations should grant favourable financing conditions to middle-income countries, with […]

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