Private initiative, engine of Latin American social developm

[account_disabled]

Private initiative, engine of Latin American social development: ECLAC



Alicia Bárcena Ibarra, executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), in an interview with ExpokNews, explained that private initiative is a fundamental actor in changing the paradigm of inequality that prevails in Latin America, since investments Entrepreneurship is an essential factor for social development. The portfolio of ECLAC projects that are intended to obtain an official budget and private investments will be contained in the Proposed Agenda for Inclusive Social Development , which will be analyzed before nations from around the world and various companies at a global meeting in the month of February. of 2020. ECLAC's intention is to have investments and support for the development of works in urban infrastructure and mobility, construction and updating of schools in vulnerable sites, promotion of rural areas, environmental mitigation, among others, which will be part of the projects to be presented at said international donor meeting, he said. “These projects will be announced in February and we hope to have responses from governments such as the United States, financing funds and various private sectors with investment proposals to encourage the development of the region of Guatemala, El Salvador, Honduras and the southeast.

Mexican (eight entities from the south of our country)”, he anticipated. He explained that before dialogue with the private initiative, coordinated work must be done between governments and civil society organizations to identify the projects to be included in the region's development plan. By the time the document is available, it will be time to invite the participation of the private initiative, he noted. He made the above known when presenting the Argentina Mobile Number List document "Critical nodes of inclusive social development in Latin America and the Caribbean: background for a regional agenda and the Proposed Agenda for Inclusive Social Development", from ECLAC. He mentioned that there is currently concern about protectionism and the weakening of multilateralism, when this type of cooperation is most required to fulfill the 2030 Agenda. The cost of not cooperating is having an economy with little growth that stops the global economy and causes lasting inequality, he considered. He indicated that an essential factor that no one should neglect is the adaptation and mitigation of climate change, which has become a factor that greatly harms the poor. He recalled that there are 10 years left to achieve the goals of the 2030 Agenda, which will be very complicated to achieve and which he believes could be facilitated in various sectors with the promotion of a double agenda of social and labor inclusion. Before various ministers from Latin America, he said that the economic growth of the region is insufficient, it is necessary to grow at 3% annually, as well as reduce inequality by .



To achieve adequate figures for poverty reduction. Decent employment is a great concern in the American region, since 42% of workers receive less than the stipulated minimum wage in their respective country and this problem directly affects women. He expressed that the proposal of the Regional Agenda for Inclusive Social Development consists of establishing a focus on human rights, dignified life, vision of sustainable development, quality public policies and social alliances. Its axes of work are to have universal and comprehensive social protection systems, adequate financing of social policies to achieve development, have labor inclusion policies and establish an institution that allows the formation of models of citizen organization. ECLAC supports AMLO's social policy When attending the morning conference of President Andrés Manuel López Obrador (AMLO), the head of ECLAC explained that 28 Latin American nations highly appreciate the turn in Mexico's welfare policy that benefits 23 million people.