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The Cost of Staying Healthy

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collection.link.215
https://openknowledge.worldbank.org/handle/10986/11883
collection.name.215
LAC Semiannual Report
dc.contributor.author
World Bank
dc.date.accessioned
2020-10-09T13:39:42Z
dc.date.available
2020-10-09T13:39:42Z
dc.date.issued
2020-10-09
dc.date.lastModified
2020-10-13T19:01:42Z
dc.description.abstract
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.
en
dc.identifier
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/570031602500664147/the-cost-of-staying-healthy
dc.identifier.isbn
978-1-4648-1650-5
dc.identifier.uri
http://hdl.handle.net/10986/34602
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
LAC Semiannual Report;October 2020
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CORONAVIRUS
dc.subject
COVID-19
dc.subject
PANDEMIC IMPACT
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
INEQUALITY
dc.subject
HOUSEHOLD INCOME
dc.subject
LABOR FORCE PARTICIPATION
dc.subject
TERMS OF TRADE
dc.subject
UNEMPLOYMENT
dc.title
The Cost of Staying Healthy
en
dc.type
Serial
en
okr.date.disclosure
2020-10-09
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1650-5
okr.identifier.report
153632
okr.language.supported
en
okr.language.supported
es
okr.region.administrative
Latin America & Caribbean
okr.region.geographical
Caribbean
okr.region.geographical
Latin America
okr.topic
Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Macroeconomics and Economic Growth :: Macroeconomic Management
okr.topic
Poverty Reduction :: Inequality
okr.topic
Social Protections and Labor :: Employment and Unemployment
okr.unit
LCRCE

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