March 21, 20 - 6:37 pm - LABS

Latin America’s GDP may shrink 1.8%; how should countries respond to this crisis?

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) is revising its GDP forecast for the region to a shrinkage of 1.8% in 2020 – down from a feeble growth of 1.3% in its latest official prediction.

LABS published a stpry on how countries should respond to a crisis that bears little resemblance to the Great Recession of 2008-08.