One in Three People in Latin America Is Vulnerable, UNDP Warns: “One Crisis Is Enough to Back Off”

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PANAMA – Uncertainty, recurrent crises, rapid technological developments, profound social fragmentation and an increasingly changing climate put pressure on and slow down the development of Latin America and the Caribbean, assures a new study by the United Nations Development Programme (UNDP). “The way in which [...] This article Latin America’s development is under pressure and slows down was originally published in IPS News Agency

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In recent decades, Latin America and the Caribbean have made progress in terms of human development. However, these achievements remain fragile. According to the United Nations Development Programme (UNDP), 31% of the regional population lives in a “grey zone” of socio-economic vulnerability: it is not in poverty, but it does not have a sufficient safety net. A crisis — whether health, climate or technology — can quickly reverse that progress. T…