Coronavirus

The Inter-American Dialogue is working to provide relevant and informed analysis regarding the impact of the coronavirus pandemic in the Americas. Sign up here to receive our event invitations, reports and weekly newsletter. Our upcoming events on Covid-19, event summaries, articles and Op-Eds, and Q&As from our daily publication, the Latin America Advisor, are gathered below. 

Covid-19 in the Americas

 

Upcoming Events

What Role for China in LAC’s Covid-19 Recovery?

How will China’s economic policy affect LAC nations as they navigate the current crisis? As China aims to get its own economy up and running, what is the likelihood of new Chinese finance or investment in the LAC region? Will Covid-19 reshape China’s economic or political relations with the region in notable ways? And what will all of this mean for US-China competition in LAC?

 

 

Event Summaries

Pandemic and Politics in Venezuela

On April 2, the Inter-American Dialogue hosted “Pandemic and Politics in Venezuela”, a conference call with Miguel Pizarro, Feliciano Reyna, and Daniella Liendo. The discussion was moderated by Michael Camilleri, Director of the Peter D. Bell Rule of Law Program at The Dialogue.

 

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. 

 

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.

 

Coronavirus and its Consequences for Latin American & Caribbean Economies

On March 19, the Inter-American Dialogue hosted a conference call with Alicia Bárcena and Santiago Levy. The discussion centered around the consequences of this pandemic for the global economy and the Latin American and Caribbean region in particular. 

 

 

Articles & Op-Eds

View of Havana

Cuba 2020: ¿a las puertas de una crisis humanitaria?

April 2 | Lenier González

Cuba vive el efecto acumulado de la crisis estructural de su modelo sociopolítico y económico –que no fue transformado y no es sostenible de cara al futuro–, más el impacto de nuevos factores externos. La combinación de todo ello acrecentará radicalmente la crisis que vive el país.

 

Covid-19 Pandemic Puts Populism Front and Center in Latin America

April 1 | Catharine Christie | Peter D. Bell Rule of Law Program

The actions, or lack thereof, of the presidents of the region’s two biggest countries, Mexico and Brazil, have drawn particular scrutiny, casting a fresh spotlight on populism in Latin America and its particular vulnerabilities in the face of a global pandemic.

 

latin america energy coronavirus oil price war

Pandemic and Price Collapse: Impacts for Energy in Latin America

March 27 | Lisa Viscidi & Nate Graham | Energy, Climate Change and Extractive Industries Program

The perfect storm of the plummeting oil price and the Covid-19 pandemic could have dire consequences for oil-dependent Latin American economies, lead to a reduction in upstream investment, and damage the prospects for renewable energy projects.

 

Covid-19 response in Peru

Could China Be a White Knight Again for Latin America?

March 24 | Margaret Myers | Director, Asia & Latin America Program

China came to the rescue in Latin America and the Caribbean after the Global Financial Crisis. Can it do so again?

 

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

March 23 | Manuel Orozco | Director, Migration, Remittances & Development Program

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.

 

Black and white globe

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

March 20 | Manuel Orozco | Director, Migration, Remittances & Development Program

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.

 

 

From the Latin America Advisor

How Much Damage Are Latin American Economies Facing?

March 27 | Alicia Bárcena, Shelly Shetty, Claudio Loser, Eric Parrado

What do the best-case and worst-case economic scenarios look like for Latin America and the Caribbean, and will the region suffer a U-shaped recession or a V-shaped one? How deep will the recession be, and which countries face the most economic pain? With already high debt-to-GDP ratios, who will countries borrow from to fund their deficit spending, and how can they target economic packages to most effectively preserve jobs?

 

Will Latin America See More Supply Chain Disruption?

March 25 | Tinglong Dai, Margaret Myers, Antonio Ortiz-Mena

To what extent has the Covid-19 outbreak in China interrupted global supply chains, and how much have countries in Latin America and the Caribbean been affected? What lessons can be drawn from the economic effects of the pandemic, and will they prompt long-term changes in the way businesses, supply chains and trade relations are modeled? 

 

How Can Ecuador Handle Both an Oil Shock & Pandemic?

March 24 | Daniela Chacón Arias, Vicente Albornoz, César Coronel Jones, Abelardo Pachano

How vulnerable is Ecuador to those two threats to its economy? Will Moreno face legislative pushback to his plan? Will social unrest flare up? Is Moreno taking the right actions in light of the developments, and what more should he be doing?

 

Can the Caribbean Tourism Industry Withstand Covid-19?

March 23 | Anton Edmunds, Vangie Bhagoo-Ramrattan, Andrea Ewart, Rogelio Douglas

How big of an impact will Covid-19 have on tourism in the Caribbean, and which countries face the most severe effects? What should government officials in the Caribbean do to prepare their countries and mitigate the consequences? How well are tourism-related businesses, such as cruise lines and hotels, handling the situation?

 

Around the world, including in Latin America and the Caribbean, the number of cases of the novel coronavirus, or Covid-19, has grown exponentially. Governments have implemented increasingly tough restrictions to try to contain the spread.

How Well Are Latin American Nations Handling Covid-19?

March 17 | Andrés Rozental, María L. Ávila-Agüero, Katherine Bliss, Alejandro Chafuen, Adriano Massuda

How are Latin American and Caribbean nations coping with the spread of the new coronavirus? Which practices are working best, and where have gaps been identified? Are the region’s health care systems robust enough to effectively address the pandemic, and what steps should the region’s public and private health care providers be taking next?

 

How Is Metal Price Volatility Affecting Latin America?

March 11 | Jorge Heine, John Price, Mariano Machado

What have been the major consequences of coronavirus fears on the prices of metals, including copper and gold? Will such trends continue into the foreseeable future? What will be the economic fallout for Latin American metals exporters, such as Brazil, Chile, Peru and Colombia, and what can they do to prepare for potential losses?

 

The coronavirus outbreak poses a “very grave threat for the rest of the world,” the head of the World Health Organization, Tedros Adhanom Ghebreyesus, said in a press briefing Monday. // Photo: WHO.

Is the Coronavirus a Major Threat to Latin America?

Feb 11 | Fiona Mackie, Margaret Myers, Peter Sand, Zhen Pan

How serious is the risk of the coronavirus spreading to Latin America and the Caribbean? What will be the disease’s global economic fallout, and how will such trends affect Latin American and Caribbean economies? Which sectors in the region could be hurt the most, and which industries might benefi t from the trade disruptions?

 

 

Video Interviews

 

 

Press & Media

Impacto de Covid-19 en las remesas a Latinoamérica y al empleo en Estados Unidos

Mar 23 | Manuel Orozco

Manuel Orozco explica el impacto económico de la panedemia de Covid-19 para los migrantes latinoamericanos en Estados Unidos, sus familias que reciben remesas y para los países de la región. Su análisis se concentra en los impactos relacionados a la crisis de desempleo proyectada para el país.

 

“Most of the region’s leaders were already in serious trouble, with slowing economies, social pressures and protests forcing them to look inward. With borders closing everywhere, the coronavirus has only accentuated that instinct.”

Michael Shifter, Bloomberg (March 25, 2020)

 

From our Members

Los muros no detienen las pandemias

Apr 6 | María Luisa Romero | CEJIL

Para derrotar al virus autoritario

Apr 6 | Kevin Casas Zamora | The New York Times

América Latina, democracia amenazada

Apr 2 | Sergio Bitar | Cooperativa

The Hard Choices Facing Brazil’s Government

Apr 2 | Monica de Bolle | AQ Podcast

‘Lost Children’ author: Writers must ‘document’ pandemic

Apr 2 | Valeria Luiselli | AP News | En Español

How to Pandemic-Proof Globalization

Apr 1 | Shannon K. O’Neil | Foreign Affairs

Cuando pase el temblor

Apr 1 | Arturo Sarukhan | El Universal

Vídeos “Live” do YouTube sobre Coronavírus

Apr 1 | Monica de Bolle | YouTube

How to help emerging markets fight Covid-19

Mar 31 | Alfonso Prat-Gay | Financial Times

Coronavirus and a New U.S. Plan May Finally Topple Maduro

Mar 31 | James Stavridis | Bloomberg

Brasil pós-crise do coronavírus

Mar 31 | Roberto Teixeira da Costa | O Estadão de S. Paulo

The New Inequalities and People-to-People Social Protection

Mar 31 | Nora Lustig | CGDev | En Español

Suggestions for the Emergency

Mar 31 | Santiago Levy | UNDP | En Español

The Thing That Determines a Country’s Resistance to the Coronavirus

Mar 30 | Francis Fukuyama | The Atlantic

Sin precedente

Mar 29 | Moisés Naím | El Tiempo

¿Virus y/o hambre?

Mar 29 | Paula Moreno | El Tiempo

Hay que prepararse para el peor escenario

Mar 28 | Julio Frenk | El Universal