OECD Development Pathways Multi-dimensional Review of El Salvador Strategic Priorities for Robust, Inclusive and Sustainable Development
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 502 |
Release | : 2023-04-18 |
ISBN-10 | : 9789264644663 |
ISBN-13 | : 9264644660 |
Rating | : 4/5 (660 Downloads) |
Download or read book OECD Development Pathways Multi-dimensional Review of El Salvador Strategic Priorities for Robust, Inclusive and Sustainable Development written by OECD and published by OECD Publishing. This book was released on 2023-04-18 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: El Salvador has made significant development progress in the past 30 years. The end of the civil war in 1992 marked the establishment of a liberal democracy and an open export-led development model, which led to a reduction in poverty and inequality. However, with economic growth averaging a modest 2.4% in the years before the COVID-19 pandemic, and productivity growth of 0.1% over the past decade, the post-war model has not generated the economic momentum or the jobs that the country needs.