Pub Date : 2021-11-29DOI: 10.18356/9789210055390c015
F. Sturzenegger
{"title":"Do we Need to Rethink Debt Policy in Latam?","authors":"F. Sturzenegger","doi":"10.18356/9789210055390c015","DOIUrl":"https://doi.org/10.18356/9789210055390c015","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77578260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-29DOI: 10.18356/9789210055390c005
L. López-Calva
The persistence of universal non pharmaceutical interventions (NPIs), like social distancing that significantly reduce the labor supply and prevent a large sector of the economy from having any activity at all (travel, entertainment and some retail), have significant output costs. They could lead to an output decline that exceeds that of the great depression. All those who temporarily lost their income have to finance their fixed costs (e.g. consumption for households, wages for firms). This creates an unprecedented need for liquidity. If universal NPIs persist, it is likely that many firms will go bankrupt and unemployment will soar. The best policy option is to adopt more efficient NPIs that target only infectious individuals and protect those most likely to strain hospital capacity. A global multilateral cooperative approach to contain the epidemic will achieve better outcomes faster. www.latinamerica.undp.org UNDP Latin America and the Caribbean COVID 19 | POLICY DOCUMENTS SERIES
{"title":"A Conceptual Framework for Analyzing the Economic Impact of COVID-19 and its Policy Implications","authors":"L. López-Calva","doi":"10.18356/9789210055390c005","DOIUrl":"https://doi.org/10.18356/9789210055390c005","url":null,"abstract":"The persistence of universal non pharmaceutical interventions (NPIs), like social distancing that significantly reduce the labor supply and prevent a large sector of the economy from having any activity at all (travel, entertainment and some retail), have significant output costs. They could lead to an output decline that exceeds that of the great depression. All those who temporarily lost their income have to finance their fixed costs (e.g. consumption for households, wages for firms). This creates an unprecedented need for liquidity. If universal NPIs persist, it is likely that many firms will go bankrupt and unemployment will soar. The best policy option is to adopt more efficient NPIs that target only infectious individuals and protect those most likely to strain hospital capacity. A global multilateral cooperative approach to contain the epidemic will achieve better outcomes faster. www.latinamerica.undp.org UNDP Latin America and the Caribbean COVID 19 | POLICY DOCUMENTS SERIES","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"271 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78802717","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-29DOI: 10.18356/9789210055390c014
Juan G. Ayala
In 2020, Latin America and the Caribbean (LAC) will experience the most severe economic recession in decades. This paper looks at the challenges confronted by LAC and proposes a series of actions to structure a recovery plan that minimizes potential moral hazard effects while aligning fiscal, social, and environmental sustainability priorities. High pre-pandemic sovereign debt levels, worsening credit ratings, and low tax revenues limit the much-needed fiscal space to overcome the present health and economic crises. Most countries in the region are at risk of losing two decades of progress in the fight against poverty and inequality, while their upper-middle income status makes them ineligible for debt relief and aid packages from advanced economies. The focus on solving the current crisis may also delay much-needed progress on climate change mitigation and adaptation efforts, as well as overall improvements in the United Nations Sustainable Development Goals (SDG).
{"title":"Planning a Sustainable Post-Pandemic Recovery in Latin America and the Caribbean","authors":"Juan G. Ayala","doi":"10.18356/9789210055390c014","DOIUrl":"https://doi.org/10.18356/9789210055390c014","url":null,"abstract":"In 2020, Latin America and the Caribbean (LAC) will experience the most severe economic recession in decades. This paper looks at the challenges confronted by LAC and proposes a series of actions to structure a recovery plan that minimizes potential moral hazard effects while aligning fiscal, social, and environmental sustainability priorities. High pre-pandemic sovereign debt levels, worsening credit ratings, and low tax revenues limit the much-needed fiscal space to overcome the present health and economic crises. Most countries in the region are at risk of losing two decades of progress in the fight against poverty and inequality, while their upper-middle income status makes them ineligible for debt relief and aid packages from advanced economies. The focus on solving the current crisis may also delay much-needed progress on climate change mitigation and adaptation efforts, as well as overall improvements in the United Nations Sustainable Development Goals (SDG).","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"72 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77553315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00007-0
Alexis Macdonald, John M. Harahus, Erin Hall, M. Reed, M. Baldisseri
{"title":"COVID-19 disaster preparedness","authors":"Alexis Macdonald, John M. Harahus, Erin Hall, M. Reed, M. Baldisseri","doi":"10.1016/B978-0-323-82860-4.00007-0","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00007-0","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"34 1","pages":"23 - 34"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88455244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00003-3
M. Díaz, Jacqueline Y. Steuer
{"title":"Allocating scarce medical resources: Inequity in the face of crisis (in pursuit of PPE)","authors":"M. Díaz, Jacqueline Y. Steuer","doi":"10.1016/B978-0-323-82860-4.00003-3","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00003-3","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"12 1","pages":"71 - 77"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84413312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00002-1
F. Dias, R. Rosa, C. Mendes
{"title":"Brazilian battle against COVID-19","authors":"F. Dias, R. Rosa, C. Mendes","doi":"10.1016/B978-0-323-82860-4.00002-1","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00002-1","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"93 1","pages":"173 - 178"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83840149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00024-0
Benjamin Hidalgo, G. Marín-García, Edwin Wu, Allyson Hidalgo
{"title":"Millennials and COVID-19","authors":"Benjamin Hidalgo, G. Marín-García, Edwin Wu, Allyson Hidalgo","doi":"10.1016/B978-0-323-82860-4.00024-0","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00024-0","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"12 1","pages":"153 - 162"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85246500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00014-8
D. Lynch
{"title":"My experience with the novel coronavirus: As doctor and patient","authors":"D. Lynch","doi":"10.1016/B978-0-323-82860-4.00014-8","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00014-8","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"1 1","pages":"35 - 39"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90117468","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00020-3
E. Calgua
{"title":"COVID-19: Data collection and transparency among countries","authors":"E. Calgua","doi":"10.1016/B978-0-323-82860-4.00020-3","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00020-3","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"14 1","pages":"163 - 172"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87279750","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-04DOI: 10.1016/B978-0-323-82860-4.00005-7
Natalia Largaespada Beer, Lorna Pérez
{"title":"COVID-19: Lessons from the frontline","authors":"Natalia Largaespada Beer, Lorna Pérez","doi":"10.1016/B978-0-323-82860-4.00005-7","DOIUrl":"https://doi.org/10.1016/B978-0-323-82860-4.00005-7","url":null,"abstract":"","PeriodicalId":22887,"journal":{"name":"The Socio-Economic Implications of the COVID-19 Pandemic","volume":"204 1","pages":"121 - 131"},"PeriodicalIF":0.0,"publicationDate":"2021-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82536652","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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