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Latin America: Bracing For The Second Wave
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Struggling to control Covid-19 and obtain vaccines, Latin American governments are hoping commodities exports will pull them through.
March 09, 2021
This year is shaping up to be one of the most challenging in decades for Latin America. Optimism stemming from the positive growth of the fourth quarter of 2020 bumped up against a second wave of Covid-19 infections in the first months of 2021, reducing space for fiscal action. That makes it uncertain whether governments can maintain policies in support of the most vulnerable people and small companies while also amassing an adequate volume of vaccines, a key element for economic recovery.