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Policies to Fight the Pandemic across LATAM
ALABC
/ Categories: COVID-19

Policies to Fight the Pandemic across LATAM

  • Amid the coronavirus pandemic, lockdowns and aggressive social-distancing measures are required to save lives and countries across Latin America and the Caribbean have put them in place.
  • As a result of the changing macroeconomic conditions, financing costs for emerging markets have risen and commodity prices have fallen.
  • There will be large drops in GDP, but this is not a normal recession, so typical countercyclical demand management, both fiscal and monetary, is likely inconducive.
  • Policies should be aimed to provide relief, maintain economic stability and the core of the economy intact for the recovery.
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