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dc.title2021 Latin American and Caribbean Macroeconomic Report: Opportunities for Stronger and Sustainable Postpandemic Growth
dc.contributor.authorCavallo, Eduardo A.
dc.contributor.authorPowell, Andrew
dc.contributor.editorCavallo, Eduardo A.
dc.contributor.editorPowell, Andrew
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America and the Caribbean
dc.date.available2021-03-21T00:00:00
dc.date.issue2021-03-21T00:00:00
dc.description.abstractThe year 2020 will be remembered as one of the most challenging in modern history. Latin America and the Caribbean lost 7.4% of GDP, the largest drop on record in a single year. The region is expected to recover in 2021 but faces a hazardous time ahead. Most countries will require some type of adjustment to maintain fiscal sustainability. While the way forward will be challenging, this report not only details the risks but also outlines a set of policies that should help countries realize a stronger recovery, not just to the low growth rates of the pre-pandemic period, but to higher rates of growth that will benefit all, with more efficient public policies, higher productivity in the private sector, and more sustainable economies.
dc.format.extent176
dc.identifier.doihttp://dx.doi.org/10.18235/0003107
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/2021-Latin-American-and-Caribbean-Macroeconomic-Report-Opportunities-for-Stronger-and-Sustainable-Postpandemic-Growth.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Informe-macroeconomico-de-America-Latina-y-el-Caribe-2021-Oportunidades-para-un-mayor-crecimiento-sostenible-tras-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.subjectInternational Trade
dc.subjectProductivity Growth
dc.subjectTaxation
dc.subjectTax Revenue
dc.subjectMonetary Policy
dc.subjectSustainable Growth
dc.subjectExport
dc.subjectGDP Growth
dc.subjectEconomic Development
dc.subjectMacroeconomy
dc.subjectCoronavirus
dc.subjectPandemics
dc.subjectFinancial Stability
dc.subjectEconomic Stabilization
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.typeAnnual Reports
idb.identifier.pubnumberIDB-AN-00241
idb.operationRG-K1320
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