NewzThe Economic Commission for Latin America and the Caribbean (ECLAC) issued a report on October 7 in Santiago de los Caballeros, Dominican Republic, calling for urgent action to address structural gaps hindering regional development. The organization identified eleven key transformations required to foster economic growth and improve the region's international integration.
ECLAC emphasizes that regional progress depends on prioritizing at least three of these eleven essential transformations. By addressing these systemic limitations, the commission argues that Latin American and Caribbean nations can overcome current developmental stagnation and enhance their global economic standing.
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