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The brand new harbor La Union is essential to the development of the country (CEPA)
The Salvadoran Economy
emphasize the increase in transportation, storage,
communications, financial establishments and
housing rentals.
Areas where greater productivity is observed are
those related to the international market because of
the presence of foreign companies. We emphasize
industrial area as one of the most productive in the
areas of malt beverages, electric energy and the
chemical industry.
Some of the areas that generate the most
employment are services like maquila (garment
production), commerce, restaurants, security,
outsourcing and construction.
Themainchallenge theSalvadoraneconomyhas is to
increase productivity and find more competitiveness.
Equally, if the levels of safety and delinquency are
reduced, something that transversally affects the
economy, the country will have made a gigantic leap
forward in its development.
INCOME DISTRIBUTION
According to the PNUD (United Nations Program for
Development), and in as far as economic injustice,
El Salvador is one of the countries with most
inequality in Latin America; in its 2009-10 report on
Human Development for Central America, aimed at
the economic imbalance resulting from globalization.
Globalization has converted Central America as a
target for the delocalization of American companies,
something that has brought many benefits but also
economic imbalance due to it:
a) Economic instability for not depending on their
own sustainable expansion of the internal market
but above all on the international ups and downs.
b) Insecurity of income and employment
relationships characteristic of the “leading exporting
sectors”(remittances and maquila).
This precarious situation is less in the Central
American countries that chose to attract resources