ECLAC wants continued development assistance to middle-income countries in the Caribbean

 SANTIAGO, Chile, 2 MAY 2017: The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, says middle-income countries in the region should continue receiving official development assistance (ODA) to be able to make progress on closing the gaps that persist in diverse areas. In addressing the Latin America and Caribbean Dialogue on Development Cooperation here, Bárcena said development levels should be evaluated using a comprehensive approach and not solely on the basis of per capita income. In a presentation on the role of cooperation in the implementation of the 2030 Agenda for Sustainable Development in Latin America and the Caribbean, Bárcena said that 28 of the region’s 33 countries are considered to be middle income according to their per capita income levels. She, however, said “notable disparities remain with regard to other development variables, both among nations and within each of them.”“It is not possible to equate a country’s income level with its development level, which implies evaluating other gaps,” said Bárcena, alluding to differences in terms of poverty and inequality, investment and savings, infrastructure, productivity and innovation, education, health and social security, financing and taxation, gender equality and environmental sustainability, among others.

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