Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

A mechanic in Peru works on the side of the road with a face mask on during the COVID-19 outbreak

Venezuelans Can Bolster Economic Recovery and Stability in Peru amid COVID-19

New research by Refugees International and the Center for Global Development (CGD) finds that Venezuelans in Peru face major barriers that prevent them from integrating into the Peruvian economy. As a result, many are pushed into informal, low-paying jobs that do not match their qualifications. Some are subjected to exploitation and abuse. And because of these factors, Venezuelans are more vulnerable to economic shocks, such as COVID-19.

Two US$100 bills on top of a map of Latin America

Ensuring Financial Stability in the Era of COVID-19: Recommendations for Latin America and the Caribbean

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 and to speed the recovery.

Aerial view of Bogota. Photo by Dominic Chavez

Colombia’s COVID-19 Response

Case numbers and deaths continue to rise in Colombia, and the challenges ahead are significant. In a recent note, we look behind these numbers to understand Colombia’s policy responses to the COVID-19 pandemic to date. We offer six recommendations for policymakers, aimed at supporting economic and health responses to the pandemic that work hand-in-hand moving forward.

The flyer for the event

Economic Perspectives in Latin America: Navigating the Great Lockdown

In late April, CGD’s senior fellow Liliana Rojas-Suarez and distinguished non-resident fellow Mauricio Cárdenas participated in an event organized by Columbia University to discuss the economic prospects in Latin America. They were joined by the director of sovereign ratings at Fitch, Richard Francis, and the director of the Western Hemisphere department at the IMF, Alejandro Werner