The COVID-19 crisis in Latin America in historical perspective

نویسندگان

چکیده

This essay compares the COVID-19 crisis in Latin America with two long-lasting crises (the Great Depression and debt crisis) more recent shorter ones 1997 Asian 2008–2009 North Atlantic crisis). The analysis indicates that almost all external shocks, whether associated financing, terms of trade, trade volumes or remittances, have been weaker during current crisis. What has mainly lacking is international financial cooperation. severity therefore due to domestic factors: fact region was global epicentre pandemic for several months come on top five years poor economic performance three decades slow growth. For this reason, needs change its development patterns implementing policies overcome

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ژورنال

عنوان ژورنال: Cepal Review

سال: 2021

ISSN: ['0251-2920', '1684-0348']

DOI: https://doi.org/10.18356/16840348-2020-132-3