Table of Content



1. OVERVIEW
1.1. Catalyst
1.2. Summary

2. COVID-19 FINDS LATIN AMERICAN ECONOMIES ON THE BACK FOOT
2.1. Economic fallout could be particularly bad for the region
2.2. The economic makeup of the region will disadvantage it
2.2.1. Countries are dependent on volatile sectors
2.2.2. Workers are vulnerable due to informal economies
2.2.3. The economy is highly financialized and dependent on loans
2.2.4. Healthcare systems are strong, but are not sufficiently resilient
2.2.5. Indigenous populations are at even greater risk

3. POLICY RESPONSES VARY, COOPERATION HAS YET TO YIELD RESULTS
3.1. The denial of popLIST leaders is still causing damage
3.2. Most other leaders have been swifter to implement policies
3.3. Separate coalitions have had limited impact
3.4. Cooperation with the private sector is also vital

4. THE GLOBAL COMMUNITY NEEDS TO OFFER SUPPORT
4.1. Latin America is vital to global industries
4.2. The region’s geopolitical importance has also become considerable
4.3. The international response is gathering momentum, but needs stepping up

5. APPENDIX
5.1. Abbreviations and acronyms
5.2. Sources
5.3. Further reading

6. ASK THE ANALYST

7. ABOUT MARKETLINE



List of Figures


Figure 1: Fluctuations in commodity prices (% change, 17/01/20-07/02/2020) and dependencies of Latin American countries
Figure 2: Household debt, loans and debt securities in selected countries (% of GDP, 2000-18)
Figure 3: Approval ratings Latin American leaders, April (Vizcarra) or March (all others) versus pre-pandemic


List of Tables