Regional Economic Outlook for Western Hemisphere: Pandemic Persistence Clouds the Recovery
October 30, 2020
Summary
The pandemic continues to spread in Latin America and the Caribbean (LAC), but economic activity is picking up. After a deep contraction in April, activity started recovering in May, as lockdowns were gradually eased, consumers and firms adapted to social distancing, some countries introduced sizable policy support, and global activity strengthened.
Subject: COVID-19, Crisis management, Crisis recovery and resolution planning, Financial risk, Health, Labor market policy, Monetary policy, Regional Economic Outlook
Keywords: COVID-19, lockdowns, pandemic, public health, recovery, reopening
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REO
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REOWHDEA2020002
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