Measuring the impact of COVID-19 with a view to reactivation

The aim of this second Special Report is to quantify the economic impact of the pandemic in the short and medium term. With regard the short term —during the course of 2020— estimates shed light on the dynamics of production, employment, poverty and income distribution, based on data available at 17...

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Otros Autores: NU. CEPAL
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Lenguaje:English
Publicado: ECLAC 2020
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Acceso en línea:http://hdl.handle.net/11362/45477
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spelling oai-11362-454772020-07-30T18:47:13Z Measuring the impact of COVID-19 with a view to reactivation NU. CEPAL COVID-19 VIRUS EPIDEMIAS ASPECTOS ECONOMICOS CRECIMIENTO ECONOMICO MACROECONOMIA PROYECCIONES ECONOMICAS EMPLEO INGRESOS FISCALES PRODUCTIVIDAD POLITICA MONETARIA POLITICA FISCAL INDICADORES ECONOMICOS ENFERMEDADES VIROSICAS COVID-19 VIRUSES EPIDEMICS ECONOMIC ASPECTS ECONOMIC GROWTH MACROECONOMICS ECONOMIC PROJECTIONS EMPLOYMENT TAX REVENUES PRODUCTIVITY MONETARY POLICY FISCAL POLICY ECONOMIC INDICATORS VIRAL DISEASES The aim of this second Special Report is to quantify the economic impact of the pandemic in the short and medium term. With regard the short term —during the course of 2020— estimates shed light on the dynamics of production, employment, poverty and income distribution, based on data available at 17 April 2020, for all the subregions of Latin America and the Caribbean and many of their economies. The report also provides details of the main macroeconomic policy measures to tackle the effects of the pandemic that have been announced to date. Quantifying the decline in economic activity enables authorities to determine the magnitude of the effort required for a return to normal. However, this return to normal will not and should not mean going back to the way things were before the pandemic. The medium-term vision that concludes this report describes the structural changes in the organization of production that are already under way and are expected to gather pace. There will also be impacts —in some cases irreversible— on the labour structure, employment and well-being. Quantitative estimates for the short term, combined with forecasts of the main qualitative changes in the medium term, will shape what will becomea new normal. A. Before the pandemic, growth in Latin America and the Caribbean was at its weakest in decades and policy space was limited .-- B. The pandemic will lead to the most severe contraction in economic activity in the region’s history .-- C. Policy responses to tackle the economic and social effects of the pandemic .-- D. Growth projections for 2020 for the countries of Latin America and the Caribbean .-- E. Macroeconomic policy challenges for continuing to mitigate the effects of the crisis .-- F. Structural effects of the pandemic: the post-COVID 19 world. 2020-04-24T17:55:32Z 2020-04-24T17:55:32Z 2020-04-24 Texto Documento Completo http://hdl.handle.net/11362/45477 en Informe Especial COVID-19 2 .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC
institution Cepal
collection Cepal
language English
topic COVID-19
VIRUS
EPIDEMIAS
ASPECTOS ECONOMICOS
CRECIMIENTO ECONOMICO
MACROECONOMIA
PROYECCIONES ECONOMICAS
EMPLEO
INGRESOS FISCALES
PRODUCTIVIDAD
POLITICA MONETARIA
POLITICA FISCAL
INDICADORES ECONOMICOS
ENFERMEDADES VIROSICAS
COVID-19
VIRUSES
EPIDEMICS
ECONOMIC ASPECTS
ECONOMIC GROWTH
MACROECONOMICS
ECONOMIC PROJECTIONS
EMPLOYMENT
TAX REVENUES
PRODUCTIVITY
MONETARY POLICY
FISCAL POLICY
ECONOMIC INDICATORS
VIRAL DISEASES
spellingShingle COVID-19
VIRUS
EPIDEMIAS
ASPECTOS ECONOMICOS
CRECIMIENTO ECONOMICO
MACROECONOMIA
PROYECCIONES ECONOMICAS
EMPLEO
INGRESOS FISCALES
PRODUCTIVIDAD
POLITICA MONETARIA
POLITICA FISCAL
INDICADORES ECONOMICOS
ENFERMEDADES VIROSICAS
COVID-19
VIRUSES
EPIDEMICS
ECONOMIC ASPECTS
ECONOMIC GROWTH
MACROECONOMICS
ECONOMIC PROJECTIONS
EMPLOYMENT
TAX REVENUES
PRODUCTIVITY
MONETARY POLICY
FISCAL POLICY
ECONOMIC INDICATORS
VIRAL DISEASES
Measuring the impact of COVID-19 with a view to reactivation
description The aim of this second Special Report is to quantify the economic impact of the pandemic in the short and medium term. With regard the short term —during the course of 2020— estimates shed light on the dynamics of production, employment, poverty and income distribution, based on data available at 17 April 2020, for all the subregions of Latin America and the Caribbean and many of their economies. The report also provides details of the main macroeconomic policy measures to tackle the effects of the pandemic that have been announced to date. Quantifying the decline in economic activity enables authorities to determine the magnitude of the effort required for a return to normal. However, this return to normal will not and should not mean going back to the way things were before the pandemic. The medium-term vision that concludes this report describes the structural changes in the organization of production that are already under way and are expected to gather pace. There will also be impacts —in some cases irreversible— on the labour structure, employment and well-being. Quantitative estimates for the short term, combined with forecasts of the main qualitative changes in the medium term, will shape what will becomea new normal.
author2 NU. CEPAL
author_facet NU. CEPAL
format Texto
title Measuring the impact of COVID-19 with a view to reactivation
title_short Measuring the impact of COVID-19 with a view to reactivation
title_full Measuring the impact of COVID-19 with a view to reactivation
title_fullStr Measuring the impact of COVID-19 with a view to reactivation
title_full_unstemmed Measuring the impact of COVID-19 with a view to reactivation
title_sort measuring the impact of covid-19 with a view to reactivation
publisher ECLAC
publishDate 2020
url http://hdl.handle.net/11362/45477
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