Analysis

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Examining Implications of Covid-19 and Low Oil Prices for Latin American Energy

The recent oil price collapse, combined with the economic contraction resulting from measures to fight the global Covid-19 pandemic, will have extensive and largely unforetold impacts for Latin American energy markets and beyond. These implications include cuts to investment and delays to ongoing projects in both oil & gas and renewable energy, fiscal and broader economic constraints, and legal disputes, said panelists during a webinar held on April 1. 

Nate Graham

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Donna Shalala, Michael Shifter, US southern command Video

US Regional Cooperation on Covid-19 with Congresswoman Donna Shalala

On March 26, the Inter-American Dialogue hosted a conference call with Congresswoman Donna Shalala (D-FL, 27). The discussion centered around the spread of Covid-19 in Latin America & the Caribbean and how the United States can work with international partners to combat the pandemic.

Sofia Lalinde, Melanie Ordoñez

Event Summaries ˙

Un hombre aborda un bus en Managua en medio de la epidemia del coronavirus

El impacto de la pandemia sobre las remesas en Nicaragua y América Latina

La pandemia causada por el Covid-19 está creando estragos y consecuencias económicas en todo el mundo. En 2020, se proyecta caída de -5 por ciento de las remesas en Nicaragua, recibiendo $75 millones menos, con una caída mayor del turismo, la economía caerá en -2 por ciento.

Manuel Orozco

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Migrants and the Impact of the Covid-19 Pandemic on Remittances

This analysis offers a glimpse of the potential impact of the Coronavirus Disease 2019 (COVID-19) pandemic on US immigrants and family remittances. Past events involving worldwide crises can offer insight as to how this pandemic will likely affect remittance transfers. Considering migrants’ financial and health vulnerabilities as well as the forecast recession, a conservative estimate shows that remittances will register a -3 percent decline in 2020 relative to 2019, from $77 billion to $75 billion.

Manuel Orozco

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