Latin America finance: Coronavirus could have a platinum lining

There is a plausible recovery scenario that would enable Latin America to exit the crisis on a better path than it was on before.

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Covid-19 has caused human suffering across the region – needlessly exacerbated by wilful incompetence and chronic underfunding of public health systems – and imposed a huge economic and fiscal burden that will be accumulated over the coming years.

However, it’s not too soon to start thinking about the post-Covid 19 world and how the expected structural shifts in the global economy could be a big opportunity for Latin America.

The immediate fallout from this crisis is likely to be an increase in political tensions, leading to trade wars, trade blocs and global economic fragmentation.

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