A global recovery needs to take into account the needs of emerging countries, whose economies are some of the hardest hit by the pandemic.
By Luis Carranza Ugarte – The president of CAF, the Development Bank of Latin America, says the post-pandemic era is the perfect opportunity for investment in the region’s infrastructure.
The Covid-19 crisis has disrupted the main engines of global growth, and the second wave of the pandemic has hit Europe and the US hard. Though case numbers started to decline in Latin America in late September, it remains one of the world’s worst-affected regions. More than 10 million people have been infected, and almost 370,000 have died, reversing years of gains in living standards and leaving millions struggling to survive.