COVID-19

Latin America is facing another 'lost decade' because of COVID-19

16 Latin America and Caribbean nations have requested aid from the IMF. Image: REUTERS/Vicente Gaibor del Pino

Alejandro Werner

Director of the Western Hemisphere Department, International Monetary Fund

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Coronavirus Covid-19 virus infection China Hubei Wuhan contagion spread economics dow jones S&P 500 stock market crash 1929 depression great recession
This could be the worst recession the region faces since record-keeping began in the 1950s. Image: IMF
Coronavirus Covid-19 virus infection China Hubei Wuhan contagion spread economics dow jones S&P 500 stock market crash 1929 depression great recession
Sizeable packages have already been announced by Brazil, Chile, and Peru. Image: IMF
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Coronavirus Covid-19 virus infection China Hubei Wuhan contagion spread economics dow jones S&P 500 stock market crash 1929 depression great recession
The informal nature of the regional economy could pose a challenge for policymakers. Image: IMF
Coronavirus Covid-19 virus infection China Hubei Wuhan contagion spread economics dow jones S&P 500 stock market crash 1929 depression great recession
Growth projections for Latin America and the Caribbean. Image: IMF
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COVID-19Latin AmericaFinancial and Monetary SystemsSocial Protection

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