Tailwinds in the Short Run Coupled with Long Run Challenges

Fecha de publicación: 10/2021

Latin America and the Caribbean has been the most affected region by the COVID-19 pandemic with the deepest economic activity contraction in 2020. However, the recent revision of growth forecasts indicates that 2021 will be better than expected, and the GDP gap relative to pre-pandemic levels could be closed earlier than expected.

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