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dc.titleLAC Post COVID-19: Challenges and Opportunities for the Caribbean Countries
dc.contributor.authorBollers, Elton
dc.contributor.authorChristie, Jason
dc.contributor.authorGauto, Victor
dc.contributor.authorGiles Álvarez, Laura
dc.contributor.authorKhadan, Jeetendra
dc.contributor.authorMooney, Henry
dc.contributor.authorRosenblatt, David
dc.contributor.authorSmets, Lodewijk
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageTrinidad and Tobago
dc.coverageJamaica
dc.coverageGuyana
dc.coverageBahamas
dc.coverageBarbados
dc.coverageSuriname
dc.coverageThe Caribbean
dc.date.available2020-05-26T00:00:00
dc.date.issue2020-05-26T00:00:00
dc.description.abstractThe policies being implemented in the region to mitigate the effects of COVID-19 are short-term support mechanisms, to ensure income for the most vulnerable groups and support to firms facing demand and supply shocks. These policies, although essential at this time, have 2 limitations (i) they do not solve the longer-term problems related to informality and low labor and firm productivity, which characterize Latin America and the Caribbean and (ii) are not sustainable in the medium term given the macroeconomic and fiscal challenges the region was facing before the pandemic. The crisis has further highlighted the pre-existing socio-economic vulnerabilities and the region's lack of preparedness for extreme events. These reports identify these vulnerabilities and the medium and long-term priorities for each of the Bank's borrowing countries in a post-COVID-19 region, structuring them along three areas: (i) productive policies; (ii) social policies and (iii) macro-fiscal policies.
dc.format.extent32
dc.identifier.doihttp://dx.doi.org/10.18235/0002376
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/LAC-Post-COVID-19-Challenges-and-Opportunities-for-CCB.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinance
dc.subjectInflation
dc.subjectPrivate Sector
dc.subjectPetroleum
dc.subjectTourism
dc.subjectExport
dc.subjectOil Price
dc.subjectHealth Care
dc.subjectImport
dc.subjectGross Domestic Product
dc.subjectCoronavirus
dc.subjectPandemics
dc.subjectSocial Distancing
dc.subject.jelcodeE00 - Macroeconomics and Monetary Economics: General: General
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00315
idb.operationRG-P1782
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