During the peak of the COVID-19 crisis, governments in Latin America and the Caribbean aided firms and households with support packages coordinated with central bank monetary policy. For many, liquidity injections and flexible financial sector supervision helped ease the pain. While many small firms closed their doors during the crisis, surprisingly few larger … [Read more...] about Avoiding Economic Long-COVID: Policies to Support Firms and Workers in Latin America and the Caribbean
Liliana Rojas-Suarez
Liliana Rojas-Suarez is the director of the Latin America Initiative and a senior fellow at the Center for Global Development. She is also an adjunct faculty member and senior research scholar at the School of International and Public Affairs at Columbia University and the chair of the Latin American Committee on Macroeconomic and Financial Issues (CLAAF). Previously, she served as managing director and chief economist for Latin America at Deutsche Bank and held senior positions at the Inter-American Development Bank and the International Monetary Fund. Ms. Rojas-Suarez holds a Ph.D. in economics from the University of Western Ontario.
Ensuring Financial Stability in the Battle against COVID-19
With a surging pandemic, income losses, and a deepening recession, Latin America and the Caribbean is facing a health and economic crisis that will test its financial systems like few events in modern times. The blow, however, can be softened. Banks as well as governments and central banks can play a crucial role, providing financing to lessen the impact on families and firms … [Read more...] about Ensuring Financial Stability in the Battle against COVID-19