Friday 26 April 2024

Central America has a Weak Economic and Human Development

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26 April 2024 - At The Banks - Source: BCCR

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Q24N (Prensa Latina) Central America suffers a vicious circle of low levels of economic growth and human development, sustained by poor productivity and high incidence of poverty, stated a regional study today.

New viable and lasting solutions are needed to reverse the current trends, pointed out the investigation carried out by the Central American Institute for Fiscal Studies, the Friedrich Ebert Foundation and the State of the Nation program.

According to the analysis,the occupation that contributes the most to productivity and family incomes usually demand ‘more than secondary education’ but the level of education in 60 percent of the productive force is sixth grade or less.

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The situation is even worse if it is taken into account that in 2014 six out of 10 youths aged 15 to 24 years old were excluded from the education system.

According to the research, the most serious cases are Guatemala and Honduras, where about two thirds of young people do not study or work, or only work.

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Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

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