Regional Economic Outlook

Regional Economic Outlook, October 2020, Western Hemisphere: Pandemic Persistence Clouds the Recovery

October 22, 2020

More Formats on IMF eLibrary
Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Western Hemisphere Dept. Regional Economic Outlook, October 2020, Western Hemisphere: Pandemic Persistence Clouds the Recovery, (USA: International Monetary Fund, 2020) accessed 12/6/2025, https://doi.org/10.5089/9781513558264.086

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

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: Asset and liability management, COVID-19, Crisis management, Crisis recovery and resolution planning, Debt restructuring, Emerging and frontier financial markets, Financial markets, Financial risk, Health, International organization, Labor market policy, Monetary policy, Poverty, Regional Economic Outlook, Securities markets

Keywords: banking sector, Caribbean, Central America, COVID-19, Debt restructuring, fiscal policy, Global, hard currency, IMF staff calculation, lockdowns, nominal GDP, pandemic, potential GDP, public health, recovery, REO, reopening, Securities markets, trading partner, world bank LAC estimate

You May Also Be Interested In...

Enhancing Tax Capacity: Revenue Gains from Strengthening Tax Administration

10/24/2025

The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition

10/16/2025

Vietnam: Technical Assistance (TA) on Developing the Forecasting and Policy Analysis System (FPAS) at the State Bank of Vietnam (SBV)

10/9/2025

A Stocktaking of The Current International Architecture for Resolving Sovereign Debt Involving Private Sector Creditors

10/7/2025

State Capacity, Institutions and Growth: Taxing for Takeoff—Revisiting the Tax Tipping Point

10/3/2025