Impact of the global crisis on the achievement of the MDGs in Latin America
Marco V. Sánchez
Progress towards the MDGs is expected to slow as a consequence of the global economic downturn. This study applies an economy-wide framework to analyze the impact of the crisis on the progress towards the MDGs in six Latin American countries. It finds significant setbacks towards the goals and the cost of achieving these will rise commensurately by about 1.5 to 2.0 per cent of GDP in required additional public spending per year between 2010 and 2015 as compared with a no-crisis scenario. The additional public spending would contribute to economic growth though not sufficiently for full recovery to pre-crisis growth.
computable general equilibrium models, distribution, welfare and poverty, foreign aid, macroeconomic analyses of economic development
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.