Deficit, Debt & Inflation: A 2020 vision

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Deficit, Debt & Inflation: A 2020 vision

April 2020

The sanitary emergency caused by the novel Coronavirus has thrown the world into disarray, crashing international markets and putting governments to the test. To face the inevitable recession, most developed countries have announced historical fiscal and monetary stimulus packages. Their Latin American counterparts, especially Argentina, have it a bitharder:most share a tight fiscal situtation, and their weaker currencies do not allow for massive monetary policy stimulusas a way out of the crisis.