Centro de Documentacion de Fundación MAPFRE - Latin America : heavy dependence on informal labour and tourism

Publication: Madrid : Crédito y Caución, 2020Physical description: 6 p. Series: (Regional economic outlook ; December 2020)Notes: 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.Materia / lugar / evento: Macroeconomía Perspectivas económicas Mercados emergentes Recuperación económica América Latina Caribe Otros autores: Crédito y Caución
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