Governments allow openings in trade and services. In the short term, growth rates will improve, but the recovery will be slower due to the need for new closures.

The loss of soft power will cost Brazil, and thus all of South America, dearly. It will take decades to make up for this loss of confidence.

The continent could remain in recession longer and more severely than the rest of the global economy. But there are also rays of hope.

AMLO uses the Corona crisis to restructure the economy: State-owned corporations are expected to dominate the economy.

It is likely that after the Corona crisis the economies of the region will be more state controlled and the population poorer.

Rating agencies pay closer attention to the quality of the governments in the countries and include this in their risk assessments.

After the first, partly successful crisis management, governments in Latin America are reacting increasingly chaotically.

There is too little testing and great uncertainty about the impact of the pandemic.

The economic impact of the pandemic could be more severe for Brazil, Mexico and Argentina than for Chile, Peru and Colombia.

COVID-19 has also reached the Latin American markets: trends and analysis of the economic impact of the pandemic.