Mr Duisenberg discusses prospects, challenges and opportunities for the euro area and gives a brief overview of developments in Latin America  Speech by Dr Willem F Duisenberg, President of the European Central Bank, at the conference “Resilience and Resurgence in Latin America”, held in New York on 1 October 1999.
Labor force participation for prime-age workers has declined, particularly for parents of school-aged children, where the declines have been greater for women than for men, and greater for Black and Hispanic mothers than for White mothers. The K-shaped recovery remains highly uneven, with certain sectors and groups experiencing substantial hardship.