Outlook for Latin America and the Caribbean: An Intensifying Pandemic
(WorldNews Argentina)

By Alejandro Werner Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll has also been steep. The World Economic Outlook Update now estimates the region to shrink by 9.4 percent in 2020, four percentage points worse than the April projection and the worst recession on record. A mild recovery to +3.7 percent is projected in 2021. Latin American countries should be cautious in reopening their economies and allow science and data to guide the process. The pandemic The rates of COVID-19 infections and deaths per capita are approaching those in Europe and the United States, with the total...