Regional Economic Outlook

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

October 22, 2020

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Regional Economic Outlook, October 2020, Western Hemisphere: Pandemic Persistence Clouds the Recovery, (USA: International Monetary Fund, 2020) accessed December 21, 2024

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

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    REO

  • Stock No:

    REOWHDEA2020002

  • ISBN:

    9781513558264

  • ISSN:

    2707-8086