La pandemia del COVID-19 está generando en el mundo y en América Latina una triple crisis combinada y asimétrica: sanitaria, económica y social. Por otra parte, la región presenta debilidades estructurales que generan fuertes dificultades para abordar el triple desafío de contención...

This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount...