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    'A lost decade': Latin America must embrace sustainable development for recovery, UN report says

    The U.N. Economic Commission on Latin America and the Caribbean says the region needs a new development model to recover from COVID-19 and correct long-standing inequality and economic growth issues.

    By Teresa Welsh // 28 October 2020

    WASHINGTON — Latin America and the Caribbean must address a “crisis in growth” if it is to successfully overcome the impacts of COVID-19 along with long-standing regional inequality and lagging economies, according to United Nations Economic Commission for Latin America and the Caribbean Executive Secretary Alicia Bárcena.

    Bárcena spoke Tuesday presenting ECLAC’s report outlining a “transformative” path to recovery for Latin America and the Caribbean, which must include three dimensions of sustainable growth — economic, social, and environmental — in “a new development model” for the region.

    “This is the most important thing about this document: We are recognizing that the three dimensions of sustainable development must be seen together. They cannot be separated one from the other. They’re integrated,” Bárcena said.

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    About the author

    • Teresa Welsh

      Teresa Welshtmawelsh

      Teresa Welsh is a Senior Reporter at Devex. She has reported from more than 10 countries and is currently based in Washington, D.C. Her coverage focuses on Latin America; U.S. foreign assistance policy; fragile states; food systems and nutrition; and refugees and migration. Prior to joining Devex, Teresa worked at McClatchy's Washington Bureau and covered foreign affairs for U.S. News and World Report. She was a reporter in Colombia, where she previously lived teaching English. Teresa earned bachelor of arts degrees in journalism and Latin American studies from the University of Wisconsin.

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