Report On The Economic Impact Of Coronavirus Disease Covid 19 On Latin America And The Caribbean
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| Author | : Vereinte Nationen Economic Commission for Latin America and the Caribbean |
| Publisher | : |
| Total Pages | : |
| Release | : 2020 |
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Report for the Community of Latin American and Caribbean States (CELAC) .-- I. The economic and social impacts of the coronavirus disease (COVID-19) pandemic in Latin America and the Caribbean .-- II. Action taken by ECLAC .-- III. Policies to tackle the economic and social effects of the pandemic.
| Author | : United Nations Publications |
| Publisher | : UN |
| Total Pages | : 0 |
| Release | : 2021-07-29 |
| Genre | : Political Science |
| ISBN | : 9789211220698 |
This publication examines the social impact of an unprecedented crisis. The effects of the COVID-19 pandemic have spread to all areas of human life, altering the way we interact, crippling economies and bringing about profound changes in societies. The pandemic has highlighted and exacerbated the major structural gaps in the region, and it is clear that the costs of inequality have become unsustainable and that it is necessary to rebuild with equality and sustainability, aiming for the creation of a true welfare state, long overdue in the region.
| Author | : Alicia Bárcena |
| Publisher | : |
| Total Pages | : 23 |
| Release | : 2020 |
| Genre | : COVID-19 Pandemic, 2020- |
| ISBN | : 9789210054690 |
This Special Report is the fifth in a series on the evolution and impacts of the COVID-19 pandemic in Latin America and the Caribbean. The key messages are: Economic activity in the world is falling by more than what was foreseen several months ago as a result of the crisis stemming from the coronavirus disease (COVID-19), and this increases negative external effects on Latin America and the Caribbean through trade channels, the terms of trade, tourism and remittances. In addition, the region is currently at the epicenter of the pandemic, and while some governments have begun to lift measures to contain its spread, others have had to keep them in place or even redouble them due to the persistent daily uptick in cases.Since both external and domestic shocks have intensified, the region will experience a -9.1% fall in Gross Domestic Product (GDP) in 2020.It is expected that the regional unemployment rate will be around 13.5% by the end of 2020, which represents an upward revision (2 percentage points) of the estimate presented in April and a 5.4 percentage point increase versus the 2019 figure (8.1%). ECLAC forecasts that the number of people living in poverty will rise by 45.4 million in 2020, which means that the total number of people in that situation will go from 185.5 million in 2019 to 230.9 million people in 2020 - a figure that represents 37.3% of Latin America's population. Countries in the region have announced major packages of fiscal measures to confront the health emergency and mitigate its social and economic effects. National efforts must be supported by international cooperation to expand policy space through increased financing under favorable conditions and debt relief. Likewise, making progress on equality is crucial for effectively controlling the pandemic and for a sustainable economic recovery in Latin America and the Caribbean.
| Author | : Eduardo A. Cavallo |
| Publisher | : Inter-American Development Bank |
| Total Pages | : 121 |
| Release | : 2018-03-15 |
| Genre | : Business & Economics |
| ISBN | : |
The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.
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| Release | : 2020 |
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| Author | : Alejandro Izquierdo |
| Publisher | : Inter-American Development Bank |
| Total Pages | : 61 |
| Release | : 2020-07-30 |
| Genre | : Political Science |
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While the pandemic lasts, Latin America and the Caribbean (LAC) will go through a tunnel full of uncertainty. It is not known especially how long it is: how long until therapies or a vaccine emerge, or until best practices are known to control the pandemic to live with a virus of unknown lethality. This note describes policy options on how countries can expand their possibilities to meet the economic challenges of the crisis, with an emphasis on growth and equity. These options are based on the assumption that the fiscal situation of the region and its access to sovereign credit markets are much more restricted than in previous crises, which forces to think about policy reforms beyond fiscal ones to accelerate the Economic recovery. The options are ambitious, but the ambition meets the need. This document is part of a series of 3 IDB monographs on public policies in the context of COVID-19. The other documents can be consulted at the following links: Public Policy to Tackle COVID-19: Recommendations for Latin America and the Caribbean: https://publications.iadb.org/en/public-policy-to-tackle-covid-19-recommendations-for--latin-america-and-the-caribbean From Lockdown to Reopening: Strategic Considerations for the Resumption of Activities in Latin America and the Caribbean within the framework of Covid-19 https://publications.iadb.org/en/from-lockdown-to-reopening-strategic-considerations-for-the-resumption-of-activities-in-latin-america-and-the-caribbean-within-the-framework-of-covid-19
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 76 |
| Release | : 2020-10-09 |
| Genre | : Business & Economics |
| ISBN | : 1464816506 |
Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest. This report reviews the impacts of the crisis as well as the policy responses by countries, which often involved sizeable social transfers. It also presents growth forecasts, and quarterly growth estimates based on satellite imagery. With countries experiencing a diverse mix of health costs and economic costs, the report analyzes how the effectiveness of containment policies, and their impact on economic activity, differ between richer and poorer countries. It also assesses the cost of staying healthy in normal times, showing how it is affected by the structure of the domestic pharmaceutical sector and by the effectiveness of public procurement of medicines. As the region may have to live with the virus for a while, four policy directions are proposed for discussion.
| Author | : Alicia Bárcena |
| Publisher | : |
| Total Pages | : 22 |
| Release | : 2020 |
| Genre | : COVID-19 Pandemic, 2020- |
| ISBN | : 9789210054683 |
This Special Report is the fourth in a series by the Economic Commission for Latin America and the Caribbean (ECLAC) on the evolution and impacts of the COVID-19 pandemic in Latin America and the Caribbean. The economic crisis generated by coronavirus disease (COVID-19) is having a major impact on the countries of Latin America and the Caribbean and is hitting a productive and business structure with weaknesses that have been building up for decades. Before the pandemic, the region's production structure already showed great structural heterogeneity that seriously limited its economic development possibilities. The pandemic makes these weaknesses more evident and amplifies economic, social and environmental tensions. In the arena of production, it is urgent to mitigate capacity destruction, without neglecting the need for a sustained increase in productivity, the generation of productive linkages and increased learning and the generation and dissemination of innovations. In this context, manufacturing is of strategic importance and must play a leading role in the growth process and in changing the productive matrix. This requires policies to change the production structure. In other words, incentives other than those that currently prevail for private companies, together with the State, to make the necessary investments to diversify the economic structure, ensure a continuous and stable growth process and avoid social and environmental setbacks.
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| Release | : 2020 |
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| Author | : United Nations Publications |
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| Total Pages | : 0 |
| Release | : 2021-05-05 |
| Genre | : Political Science |
| ISBN | : 9789211220513 |
This publication outlines the region's economic performance in 2019 and analyses trends in the early months of 2020, as well as the outlook for the rest of the year. It examines the external and domestic factors that have influenced the region's economic performance, analyses the characteristics of growth, prices and the labour market, and draws attention to some of the macroeconomic policy challenges of the prevailing external conditions, amid mounting uncertainty stemming mainly from political factors. It analyses the dynamics of investment and its determinants, with a view to identifying the different variables on which public policy can act to influence the trajectory of investment. This edition also analyses the effects and challenges of the coronavirus disease (COVID-19) pandemic for the region during 2020 and the outlook that is taking shape for the years to come.
