1945

In keeping with the expectations discussed by ECLAC in earlier reports, in 2010 the region has consolidated the recovery that began in the second half of 2009, and this year’s growth will be at rates similar to those of the period preceding the onset of the crisis. Regional GDP growth for 2010 is projected to be 5.2%, implying a rise of 4.1% in per capita GDP. For different reasons that will be set out in this chapter, growth rates are expected to slow towards the second half of the year, so that while the region is expected to continue expanding in 2011, it will do so more slowly. Regional growth of some 3.8% is anticipated for the coming year, which equates to a rise of 2.7% in per capita output.

Related Subject(s): Economic and Social Development
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