Trade Organization ( wto ), Panama Email List the Organization for Economic Cooperation and Development ( oecd ), the Economic Commission for Latin America and the Caribbean (ECLAC), the World Bank: all organizations International Panama Email List economic-financial institutions continue to diagnose and describe the developments of the crisis of liberal globalization that affect the world economic system and destabilize societies and the geopolitica Panama Email List balances that structure the international scene. This multiform crisis has developed uninterruptedly since the onset of the international financial crisis of 2008 and this manifests itself through several Panama Email List combined and enduring phenomena: – general slowdown in.
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growth1 of Panama Email List international trade2and world demand, – decrease in foreign direct investment ( fdi )3 – volatility in the price of raw materials (which fell on average 5% in 2019, according to ECLAC). Several of the countries discussed Panama Email List here, called the “South”, are directly affected by this phenomenon, – generalization of budgetary austerity within the States, – increase in public and private debt to levels not seen since the 1950s 4 – development Panama Email List of social inequalities, – multiplication of tensions and conflicts (China / United States, crisis in the Middle East, Brexit, weakening of multilateralism, etc.). In Latin America, 2019 has closed a Panama Email List decade of economic slowdown. ECLAC indicates that 23 Latin American countries (of the 33 studied) will have been affected by an economic.
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slowdown in Panama Email List and that between 2014 and 2020 the subcontinent experienced its weakest period of economic growth in the last 40 years (with two years of general recession in 2015 and 2016). However, according to the organization Panama Email List, Latin American growth should experience a slight recovery in 2020 (1.3%), after having reached, on average, a poor performance of 0.1% in 2019. In the Middle East we find a greater concentration Panama Email List of patrimonial states than in any other part of the world. This means that families and / or clans are de facto owners of the State, which allows us to understand why the neoliberal-inspired reforms Panama Email List have had their worst results in the region.