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Article: LATIN AMERICA: ECONOMIC GROWTH STILL LEAVES MILLIONS BEHIND.
- Article from:
- Interpress Service
- Article date:
- December 29, 2006
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by Diego Cevallos
MEXICO CITY, Dec. 28, 2006 (IPS/GIN) -- Some left-wing analysts and leaders are challenging the economic model under which poverty has fallen throughout Latin America and the rosy future predicted by the Economic Commission for Latin America and the Caribbean (ECLAC).
Poverty in the region fell by 4 percentage points between 2002 and 2006. The combined gross domestic product (GDP) grew during that period at an average annual rate of 4 percent, and is expected to do so again in 2007.
"It is understandable that countries with high rates of poverty and inequality should have large segments of the population who have not benefited ...