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dc.title2020 Latin American and Caribbean Macroeconomic Report: Policies to Fight the Pandemic
dc.contributor.authorNuguer, Victoria
dc.contributor.authorPowell, Andrew
dc.contributor.editorPowell, Andrew
dc.contributor.editorNuguer, Victoria
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America and the Caribbean
dc.date.available2020-04-09T16:00:00
dc.date.issue2020-04-09T11:00:00
dc.description.abstractThe novel coronavirus is taking a huge toll across the world, and governments in Latin America and the Caribbean are right to take aggressive measures to save lives. Within a matter of weeks, the macroeconomic outlook for the region has changed dramatically. Financing costs have risen, commodities fallen, and large losses of GDP now seem unavoidable. However, the self-imposed partial closure of the economy is anything but a normal recession, and typical countercyclical demand management, both fiscal and monetary, is likely to be inconducive. The 2020 Latin American and Caribbean Macroeconomic Report provides a diagnosis of this rapidly changing environment and proposes policy recommendations aimed to bring relief, maintain economic stability, and keep the core of the economy intact.
dc.format.extent68
dc.identifier.doihttp://dx.doi.org/10.18235/0002284
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/2020_Latin_American_and_Caribbean_Macroeconomic_Report_Policies_to_Fight_the_Pandemic.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Informe_macroeconómico_de_América_Latina_y_el_Caribe_2020_Políticas_para_combatir_la_pandemia.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.relation.seriesLatin American and Caribbean Macroeconomic Report
dc.subjectFiscal Policy
dc.subjectInflation
dc.subjectMonetary Policy
dc.subjectCentral Bank Money
dc.subjectInterest Rate
dc.subjectGross Domestic Product
dc.subjectCoronavirus
dc.subjectPandemics
dc.subject.jelcodeF01 - Global Outlook
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeE62 - Fiscal Policy
dc.subject.jelcodeE58 - Central Banks and Their Policies
dc.subject.jelcodeF60 - Economic Impacts of Globalization: General
dc.subject.jelcodeE66 - General Outlook and Conditions
dc.subject.keywordsMonetary policy;Fiscal policy;Inflation;Coronavirus;pandemic
dc.typeAnnual Reports
idb.identifier.pubnumberIDB-AN-00212
idb.operationRG-K1320
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