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He Development Bank of Latin America and the Caribbean warned this Monday that almost 30 million young people Latinos who do not study or work target belonging criminal networks region.

Although there are no military conflicts, “today there are more than 10 criminal marketssuch as arms trafficking, human trafficking, drug trafficking, money laundering, illegal mining and extortion,” Sergio Diaz-Granados, the organization’s president, said at the forum. Peace in progress from the Spanish city of Barcelona.

“Today we account for (…) 9 percent of the world’s population, but a third of the world’s murders and 43 out of 50 cities further unreliable in the world,” he illustrated, which is why insecurity is “one of the worst bills that Latin America And Caribbean against development.”

He also pointed to the erosion of democratic institutions. He Latinobarometerwho systematically assessed satisfaction citizens with democracy showed the “lowest level” last year – 27%.

“There is a correlation between economic despair And crisis of trust in institutionshe concluded, before talking about the risk that democracy would no longer be lost through a military coup, but “through rigged or rigged elections.”

He also warned about “stagnation belonging middle classes and rising poverty” in the region, and pointed to “three levers” for changing the situation and the informal economy, such as housing, more adequate labor reforms and education.

“Latin America today it is most unequal region in the world and one of the poorest,” he emphasized at a forum organized by the Spanish communications group Prisa.

And more effective labor reforms are needed because the region “has been solution creation expert this exacerbates the problems, especially the stubbornness of the labor market, which today prevents women and young people from entering the workforce.”

“And when we talk about informalitywe’re talking about something close 130 million people today in Latin America: six out of every ten working,” he said.

Added to all this digital divide and the challenge the region faces in terms of digitalization, with Latin America investing only a third or a quarter of what the rest of the world does in the sector developing economies.

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And the thing is without giving up poverty reduction“How can we as Latin Americans prepare the region to adapt to climate change,” he said, as well as its devastating effects of droughts, wildfires and floods and the associated economic losses.

Another serious task in the region at the same time is to increase capacity by 3.5 times renewable energy productionunconventional. And double the electrification of transport and agriculture.

“A commitment to multilateral strengthening is therefore essential today for Latin America and the Caribbean to accompany the private sector in this process,” he concluded.

EFE