Latin America faces ‘protracted crisis’ after pandemic: UN | Poverty and Development News

A United Nations report on Latin America and the Caribbean warns that nearly 45 percent of youth live below the poverty line.

One Report Latin America and the Caribbean could face a “protracted social crisis” in the wake of the COVID-19 pandemic, the United Nations said.

A report released Thursday by the Economic Commission for Latin America and the Caribbean (ECLAC) found that hunger affects 56.5 million people in the region. An estimated 45.4% of people aged 18 or younger in Latin America live in poverty.

“We are facing a series of crises that have exacerbated inequality and shortages in the region,” ECLAC executive secretary Jose Manuel Salazar-Xirinachs said at a news conference on Thursday. “This is not the time for incremental change, but for transformative and ambitious policies.”

The report highlights the lingering impact COVID-19 Pandemicthe poverty rate remains above pre-pandemic levels, with about 13% of the region’s population living in extreme poverty.

Factors include high inflation and russia invades ukraine This could create a challenging situation for governments looking to bring those numbers down.

Rising prices could lead to increased malnutrition and slower economic growth, the report said. The report forecasts that the region’s gross domestic product (GDP) will grow by 3.2% in 2022 and 1.4% in 2023, down from 6.5% in 2021.

Overall, 12 million more people face extreme poverty The region since 2019, before the COVID-19 pandemic.

“It is impossible to reverse the impact of the pandemic on poverty and extreme poverty,” Salazar-Xirinachs said.

The UN also highlighted the impact of the pandemic on education, noting that educational institutions in the region were closed for an average of 70 weeks, compared with a global average of 41 weeks. Education in the region faces a “silent but devastating” impact, the report said.

The proportion of Latin America’s 18- to 24-year-olds not studying or unemployed rose from 22.3 percent in 2019 to 28.7 percent in 2020, the report said.

The impact is felt more strongly by some marginalized groups, with research showing “much higher rates of poverty among Aboriginal and African-descendant populations,” as well as children and women of certain ages.

The virus has hit countries in Latin America and the Caribbean hard, with nearly 700,000 deaths in Brazil and more than 330,000 in Mexico, according to the data firm. politician.

A report by Amnesty International and the Center for Economic and Social Rights found that “striking inequality” is a dominant factor death rate for the entire region. While Latin America has about 8.4% of the world’s population, it accounts for about 28% of COVID-19 deaths.

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