Unlike the 2007–2009 crisis, when the global banking system was one of the factors that caused the economic downturn, in this crisis banks are set to be part of the solution. That is the role they must play. How can they do this? Evidence of the profound impact of the COVID-19 crisis can already be seen across the region. Both large businesses and SMEs in Latin America and … [Read more...] about The COVID-19 Crisis: An Opportunity for the Financial Sector
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Recovering Economic Productivity During Pandemic Times
To manage the economic costs of the coronavirus pandemic, people must have the financial resources to comply with containment measures and a gradual reopening. The private financial system therefore plays a key role in the survival of economic productivity and employment. … [Read more...] about Recovering Economic Productivity During Pandemic Times
How the 2030 Agenda Can Help Us Tackle the COVID-19 Crisis
The economic recovery this time around will have to be different, centered on environmental and social sustainability. It must steer us toward a low-carbon economy that is resilient to the effects of climate change and does not leave anyone behind. … [Read more...] about How the 2030 Agenda Can Help Us Tackle the COVID-19 Crisis
How the COVID-19 Crisis Can Change the Private Sector for the Better
This is one of the few moments in history when no individual or institution can stand on the sidelines. Let’s use this collective motion to push ourselves to innovate. … [Read more...] about How the COVID-19 Crisis Can Change the Private Sector for the Better
Coronavirus Impact Dashboard: The Effects of Social Distancing Measures
Read this article in Spanish or Portuguese. Life as we know it has changed drastically and seemingly overnight as a result of the coronavirus. Measures are being taken to slow the exponential rise of infections and reduce pressure on the capacity of health systems to care for the sick. In the past few weeks, many countries have ramped up efforts to adopt social distancing … [Read more...] about Coronavirus Impact Dashboard: The Effects of Social Distancing Measures