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Dominican Leader Seeks to Guarantee that Latin America will be a Continent of the Middle Class<\/STRONG> D<\/SPAN>ominican President, Leonel Fern\u00e1ndez, stressed how important it was for Latin American governments and institutions to make this region the continent of the middle class. He made these statements about Latin America\u2019s economic reality in a report called \u201cEconomic Perspectives of Latin America, 2011. To what extent is Latin America Middle Class?\u201d The document was drawn up by the Development Center of the Organization for Economic Cooperation and Development (OECD).<\/P> \u201cwe must avoid, at all costs, the Latin American middle class socially succumbing to the onslaught of the financial crisis that has severely affected the world financial system.\u201d<\/P> The study was presented at one of the meetings of the 20th Latin American Summit of Heads and State and Government held in Mar de Plata, Argentina President Fern\u00e1ndez said that this would contribute \u201cnot only to achieve more development and social equity but would also strengthen institutions and improve health, education and access to jobs thus leading to increased buying power,\u201d according to the Presidential Office of Information, Press and Publicity. <\/P> He warned that \u201cwe must avoid, at all costs, the Latin American middle class socially succumbing to the onslaught of the financial crisis that has severely affected the world financial system.\u201d He added that immediate measures must be adopted to improve education, especially in the high school and post high school levels. <\/P> He said that among the 200 most important universities in the world, as chosen by international jurors, there is not one Latin American university among them.<\/P> In economic and social areas, Fern\u00e1ndez believes Latin America needs to undertake huge transformations. He said the applied post-industrial model of secondary education must be replaced by a model of expanded technology.<\/P> \u201cJoint measures need to be adopted that will allow for a major integration of the region\u2019s countries into policies adopted by the more advanced nations in order to make the world economic system more dynamic.\u201d <\/P> President Fern\u00e1ndez suggested the application of policies that invite Latin American governments to apply economic development policies with participatory economic mobility.<\/P> Global Financial Crisis <\/STRONG><\/P> \u201cIn Latin America, not went bank went under, not on the level of solvency nor liquidity.\u201d<\/P> The Dominican Head of State pointed out that while the global financial crisis negatively impacted Latin America\u2019s economies, not one Latin American bank went bust as a result. \u201cIn Latin America, not went bank went under, not on the level of solvency nor liquidity.\u201d<\/P> Referring to the economic reality in the Dominican Republic, Fern\u00e1ndez reported that the economy grew 3.5% in 2010 and is expected to grow between 7.6% and 7.8% in the coming year. \u201cWe have been fortunate in terms of economic growth in the Dominican Republic.\u201d<\/P> Also speaking at the event was Enrique Iglesias, of the Ibero-American General Secretariat (SEGIB in Spanish), who recognized that Latin America has recovered economic growth in recent years.<\/P> Nevertheless, he recommended caution and suggested that Latin American governments continue working to improve living conditions for their inhabitants. He said the Dominican president has been an active collaborator in the events and reports prepared by this organization. He announced that for next year they will continue strengthening the accords with the Dominican government and its institutions. Dominican Leader Seeks to Guarantee that Latin America will be a Continent of the Middle ClassSanto Domingo, 12\/07\/2010 Dominican President, Leonel Fern\u00e1ndez, stressed how important it was for Latin American governments and institutions to make this region the continent of the middle class. He made these statements about Latin America\u2019s economic reality in a report … Continue reading “Dominican Leader Seeks to Guarantee that Latin America will be a Continent of the Middle Class”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4398","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/4398"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=4398"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/4398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=4398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=4398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=4398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Santo Domingo, 12\/07\/2010<\/SPAN><\/P>
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Angel Gurr\u00eda, Secretary General of the Development Center of the Organization for Economic Cooperation and Development (OECD), highlighted the presence of Fern\u00e1ndez at the presentation of the new report about the Latin American Economic Perspectives. <\/P>
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