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Latin America : heavy dependence on informal labour and tourism
Recurso electrónico / Electronic resource
MAP20210001475
Latin America : heavy dependence on informal labour and tourism. — Madrid : Crédito y Caución, 2020
6 p. . — (Regional economic outlook ; December 2020)
Sumario: Of all emerging market regions, Latin America and the Caribbean (Latam) has been most affected by the Covid-19 pandemic, both in terms of infection and death rates, and regarding he impact on its economy. The outlook is highly uncertain and weighted down by growing fears of a new wave of infections. Rising prospects of multiple Covid-19 vaccines are definitively hopeful. However, the vaccine rollout is expected to move more slowly in the Latam region compared to advanced markets due to smaller vaccine orders so far relative to population and more logistical challenges. Therefore the economic benefits from the vaccine are expected to manifest first through the improving external environment as rollout across advanced markets boosts trade, commodity prices and external financing flows
1. Macroeconomía ‌. 2. Perspectivas económicas ‌. 3. Mercados emergentes ‌. 4. Recuperación económica ‌. 5. América Latina ‌. 6. Caribe ‌. I. Crédito y Caución ‌. II. Title.