2020'S first rebound was from foreign trade
In Ecuador, Mexico, and Paraguay, a small stimulus package accompanied increased economic activity, due to the recovery of external demand.
14/05/2021
- Análisis
The world economy came to a halt during the second quarter of 2020 when different governments imposed various productive shutdown and social distancing measures around the world. According to IMF estimates, it brought aggregate demand and supply to a halt, causing the GDP of the European Union to fall by 6.12%, the G7 by 2.10%, and Latin America by 7.01%. In response to the COVID-19 crisis, the fiscal and monetary stimulus expanded in almost all Latin American economies to boost recovery, although not all countries responded immediately.
….
Continue reading below.
https://www.alainet.org/en/articulo/212251?language=es
Del mismo autor
- The global minimum tax rate 16/08/2021
- Tasa impositiva mínima global 16/08/2021
- Private consumption, the internal engine of the economy 22/06/2021
- Consumo privado, motor interno de la economía 22/06/2021
- 2020'S first rebound was from foreign trade 14/05/2021
- El primer rebote del 2020 fue por comercio exterior 14/05/2021
