This report examines the impact of COVID-19 on Latin America and the Caribbean, highlighting the exacerbation of structural issues and the need for robust fiscal policies and long-term investments to build technological capacities and diversify economies.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Esteban Pérez Caldentey, Gabriel Porcile, Martín Abeles, Porcile, Gabriel, Pérez Caldentey |
| Geographic focus: | Latin America, Caribbean |
| Page count: | páginas. 143-17 |
The research method involved analyzing economic trends, assessing the impact of COVID-19, and evaluating the effectiveness of fiscal and monetary policies in Latin America and the Caribbean. The study also considered the structural challenges faced by the region and proposed long-term solutions to address them.
(Generated with the help of GPT-4)
The COVID-19 pandemic has severely impacted Latin America and the Caribbean, exacerbating existing structural problems and leading to significant economic contraction. The region's dependence on lower-technology exports and lack of diversification have widened the technology gap and hindered growth. The crisis has underscored the need for immediate government action and long-term strategies to enhance fiscal policies, invest in technology, and restructure production to sustain demand and employment. This report analyzes the pandemic's effects, the limitations of monetary policy, and the importance of fiscal policy and investment in structural change for recovery and sustainable growth.
(Generated with the help of GPT-4)