COVID-19 and external shock : economic impacts and policy options
Latin America is currently suffering from two independent but related shocks: the impact of COVID-19 and the shock of commodity prices. Peru, we argue, is a case in which the strongest impact comes from the pandemic. Peru was the first country in Latin America to react and implement sanitary and economic measures against the coronavirus. The country has been in mandatory quarantine since Monday, March 16. This carries very important challenges for all economic actors. Global and national activity has suffered a sudden stop with direct implications for: (i) the income generating capacity of independent workers, (ii) the jobs of formal and informal and informal workers, and (iii) the survival of small, medium and large companies. In this note we consider the situation of Peruvian households in the face of the pandemic, exploring their vulnerabilities through an analysis of their main source of income generation: work. We also consider the situation of the companies that employ the workers under analysis. We present an overview of what the government’s main action have been so far and offer some recommendations.
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Format: | info:eu-repo/semantics/book biblioteca |
Language: | eng |
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Grupo de Análisis para el Desarrollo
2020-06
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Subjects: | COVID-19, Impactos económicos, Política pública, Perú, https://purl.org/pe-repo/ocde/ford#5.02.01, https://purl.org/pe-repo/ocde/ford#3.03.05, |
Online Access: | https://hdl.handle.net/20.500.12820/580 |
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dig-grade-pe-20.500.12820-5802024-05-22T21:10:05Z COVID-19 and external shock : economic impacts and policy options Jaramillo, Miguel Ñopo, Hugo COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 Latin America is currently suffering from two independent but related shocks: the impact of COVID-19 and the shock of commodity prices. Peru, we argue, is a case in which the strongest impact comes from the pandemic. Peru was the first country in Latin America to react and implement sanitary and economic measures against the coronavirus. The country has been in mandatory quarantine since Monday, March 16. This carries very important challenges for all economic actors. Global and national activity has suffered a sudden stop with direct implications for: (i) the income generating capacity of independent workers, (ii) the jobs of formal and informal and informal workers, and (iii) the survival of small, medium and large companies. In this note we consider the situation of Peruvian households in the face of the pandemic, exploring their vulnerabilities through an analysis of their main source of income generation: work. We also consider the situation of the companies that employ the workers under analysis. We present an overview of what the government’s main action have been so far and offer some recommendations. 2020-07-27T22:24:19Z 2020-07-27T22:24:19Z 2020-06 info:eu-repo/semantics/book info:eu-repo/semantics/publishedVersion urn:isbn:978-612-4374-31-9 https://hdl.handle.net/20.500.12820/580 eng Documentos de Investigación;108 info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf application/pdf Grupo de Análisis para el Desarrollo PE Repositorio institucional - GRADE |
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COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 |
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COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 Jaramillo, Miguel Ñopo, Hugo COVID-19 and external shock : economic impacts and policy options |
description |
Latin America is currently suffering from two independent but related shocks: the impact of COVID-19 and the shock of commodity prices. Peru, we argue, is a case in which the strongest impact comes from the pandemic. Peru was the first country in Latin America to react and implement sanitary and economic measures against the coronavirus. The country has been in mandatory quarantine since Monday, March 16. This carries very important challenges for all economic actors. Global and national activity has suffered a sudden stop with direct implications for: (i) the income generating capacity of independent workers, (ii) the jobs of formal and informal and informal workers, and (iii) the survival of small, medium and large companies. In this note we consider the situation of Peruvian households in the face of the pandemic, exploring their vulnerabilities through an analysis of their main source of income generation: work. We also consider the situation of the companies that employ the workers under analysis. We present an overview of what the government’s main action have been so far and offer some recommendations. |
format |
info:eu-repo/semantics/book |
topic_facet |
COVID-19 Impactos económicos Política pública Perú https://purl.org/pe-repo/ocde/ford#5.02.01 https://purl.org/pe-repo/ocde/ford#3.03.05 |
author |
Jaramillo, Miguel Ñopo, Hugo |
author_facet |
Jaramillo, Miguel Ñopo, Hugo |
author_sort |
Jaramillo, Miguel |
title |
COVID-19 and external shock : economic impacts and policy options |
title_short |
COVID-19 and external shock : economic impacts and policy options |
title_full |
COVID-19 and external shock : economic impacts and policy options |
title_fullStr |
COVID-19 and external shock : economic impacts and policy options |
title_full_unstemmed |
COVID-19 and external shock : economic impacts and policy options |
title_sort |
covid-19 and external shock : economic impacts and policy options |
publisher |
Grupo de Análisis para el Desarrollo |
publishDate |
2020-06 |
url |
https://hdl.handle.net/20.500.12820/580 |
work_keys_str_mv |
AT jaramillomiguel covid19andexternalshockeconomicimpactsandpolicyoptions AT nopohugo covid19andexternalshockeconomicimpactsandpolicyoptions |
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1809115580243902464 |