Renewing with Growth

Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long‐lasting. The crisis...

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Main Author:	World Bank
Format:	Serial
Published:	Washington, DC: World Bank 2021
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE EXCESS MORTALITY INEQUALITY LABOR MARKET ECONOMIC CRISIS ECONOMIC SHOCK DIGITAL ECONOMY ACCESS TO ELECTRICITY RENEWABLE ENERGY STRUCTURAL TRANSFORMATION UNEMPLOYMENT
Online Access:	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/674211617079335895/renewing-with-growth-semiannual-report-of-the-latin-america-and-caribbean-region http://hdl.handle.net/10986/35329

id	okr-10986-35329
recordtype	oai_dc
spelling	okr-10986-353292021-10-04T13:45:30Z Renewing with Growth World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE EXCESS MORTALITY INEQUALITY LABOR MARKET ECONOMIC CRISIS ECONOMIC SHOCK DIGITAL ECONOMY ACCESS TO ELECTRICITY RENEWABLE ENERGY STRUCTURAL TRANSFORMATION UNEMPLOYMENT Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long‐lasting. The crisis also triggered large‐scale economic restructuring, with productivity higher in the expanding than in the contracting sectors. Accelerated digitization could instill dynamism in finance, trade and labor markets, but it may amplify inequality within and across the countries in the region. Technology could transform the energy sector as well. Latin America and the Caribbean has the cleanest and potentially cheapest electricity generation matrix of all developing regions. But its electricity is the most expensive, due mainly to inefficiencies. Distributed generation within countries and electricity trade across countries, could make energy greener and cheaper, provided that the pricing is right. 2021-03-26T21:37:53Z 2021-03-26T21:37:53Z 2021-03-29 Serial https://documents.worldbank.org/en/publication/documents-reports/documentdetail/674211617079335895/renewing-with-growth-semiannual-report-of-the-latin-america-and-caribbean-region 978-1-4648-1711-3 http://hdl.handle.net/10986/35329 LAC Semiannual Report;April 2021 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Caribbean Latin America
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE EXCESS MORTALITY INEQUALITY LABOR MARKET ECONOMIC CRISIS ECONOMIC SHOCK DIGITAL ECONOMY ACCESS TO ELECTRICITY RENEWABLE ENERGY STRUCTURAL TRANSFORMATION UNEMPLOYMENT
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE EXCESS MORTALITY INEQUALITY LABOR MARKET ECONOMIC CRISIS ECONOMIC SHOCK DIGITAL ECONOMY ACCESS TO ELECTRICITY RENEWABLE ENERGY STRUCTURAL TRANSFORMATION UNEMPLOYMENT World Bank Renewing with Growth
geographic_facet	Latin America & Caribbean Caribbean Latin America
relation	LAC Semiannual Report;April 2021
description	Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long‐lasting. The crisis also triggered large‐scale economic restructuring, with productivity higher in the expanding than in the contracting sectors. Accelerated digitization could instill dynamism in finance, trade and labor markets, but it may amplify inequality within and across the countries in the region. Technology could transform the energy sector as well. Latin America and the Caribbean has the cleanest and potentially cheapest electricity generation matrix of all developing regions. But its electricity is the most expensive, due mainly to inefficiencies. Distributed generation within countries and electricity trade across countries, could make energy greener and cheaper, provided that the pricing is right.
format	Serial
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Renewing with Growth
title_short	Renewing with Growth
title_full	Renewing with Growth
title_fullStr	Renewing with Growth
title_full_unstemmed	Renewing with Growth
title_sort	renewing with growth
publisher	Washington, DC: World Bank
publishDate	2021
url	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/674211617079335895/renewing-with-growth-semiannual-report-of-the-latin-america-and-caribbean-region http://hdl.handle.net/10986/35329
_version_	1764482806642114560

Renewing with Growth

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