OECD Development Pathways Multi-dimensional Review of El Salvador Strategic Priorities for Robust, Inclusive and Sustainable Development: Strategic Priorities for Robust,...
- ISBN-10
- 9264644660
- ISBN-13
- 9789264644663
- Pages
- 502
- Language
- English
- Published
- 2023-04-18
- Publisher
- OECD Publishing
- Author
- OECD
Description
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.
