OECD Development Pathways Multi-dimensional Review of El Salvador Strategic Priorities for Robust, Inclusive and Sustainable Development

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.