The Cost of Staying Healthy

Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest. This report reviews the impacts of the crisis as well as the policy responses by countries, which...

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Main Author: World Bank
Format: Serial
Published: Washington, DC: World Bank 2020
Subjects:
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/570031602500664147/the-cost-of-staying-healthy
http://hdl.handle.net/10986/34602
id okr-10986-34602
recordtype oai_dc
spelling okr-10986-346022022-01-24T20:36:26Z The Cost of Staying Healthy World Bank CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH ECONOMIC OUTLOOK INEQUALITY HOUSEHOLD INCOME LABOR FORCE PARTICIPATION TERMS OF TRADE UNEMPLOYMENT Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest. This report reviews the impacts of the crisis as well as the policy responses by countries, which often involved sizeable social transfers. It also presents growth forecasts, and quarterly growth estimates based on satellite imagery. With countries experiencing a diverse mix of health costs and economic costs, the report analyzes how the effectiveness of containment policies, and their impact on economic activity, differ between richer and poorer countries. It also assesses the cost of staying healthy in normal times, showing how it is affected by the structure of the domestic pharmaceutical sector and by the effectiveness of public procurement of medicines. As the region may have to live with the virus for a while, four policy directions are proposed for discussion. 2020-10-09T13:39:42Z 2020-10-09T13:39:42Z 2020-10-09 Serial https://documents.worldbank.org/en/publication/documents-reports/documentdetail/570031602500664147/the-cost-of-staying-healthy 978-1-4648-1650-5 http://hdl.handle.net/10986/34602 LAC Semiannual Report;October 2020 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 CORONAVIRUS
COVID-19
PANDEMIC IMPACT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
INEQUALITY
HOUSEHOLD INCOME
LABOR FORCE PARTICIPATION
TERMS OF TRADE
UNEMPLOYMENT
spellingShingle CORONAVIRUS
COVID-19
PANDEMIC IMPACT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
INEQUALITY
HOUSEHOLD INCOME
LABOR FORCE PARTICIPATION
TERMS OF TRADE
UNEMPLOYMENT
World Bank
The Cost of Staying Healthy
geographic_facet Latin America & Caribbean
Caribbean
Latin America
relation LAC Semiannual Report;October 2020
description Latin America and the Caribbean was hit hard by the Covid-19 pandemic, which arrived on the back of years of disappointing economic growth and limited social progress, and after a wave of social unrest. This report reviews the impacts of the crisis as well as the policy responses by countries, which often involved sizeable social transfers. It also presents growth forecasts, and quarterly growth estimates based on satellite imagery. With countries experiencing a diverse mix of health costs and economic costs, the report analyzes how the effectiveness of containment policies, and their impact on economic activity, differ between richer and poorer countries. It also assesses the cost of staying healthy in normal times, showing how it is affected by the structure of the domestic pharmaceutical sector and by the effectiveness of public procurement of medicines. As the region may have to live with the virus for a while, four policy directions are proposed for discussion.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title The Cost of Staying Healthy
title_short The Cost of Staying Healthy
title_full The Cost of Staying Healthy
title_fullStr The Cost of Staying Healthy
title_full_unstemmed The Cost of Staying Healthy
title_sort cost of staying healthy
publisher Washington, DC: World Bank
publishDate 2020
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/570031602500664147/the-cost-of-staying-healthy
http://hdl.handle.net/10986/34602
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