Analysis: Latin America on its Way to Become the World´s Sick Man Again

Latin America’s virus contagion curve may be flattening, but its poverty and business bankruptcy curves continue to rise.

By Mauricio Cárdenas , Eduardo Levy Yeyati , Andrés Velasco*

RIO DE JANEIRO, BRAZIL -  Many regions performed badly when confronted with covid-19, but Latin America fared worse than most, in terms of both lives and livelihoods lost. As of November 2020, nine of the 20 countries with the highest number of covid-19 deaths per capita were in Latin America.

The International Monetary Fund (IMF) expected the region’s output to drop by 8.1% in 2020, with only the eurozone suffering a bigger regional decline. As a result, almost 15 million more Latin Americans will live in extreme . . .

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