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ContentsForewordIntroductionIlan Goldfajn and Eduardo Levy YeyatiThe Latin American pandemicIlan Goldfajn and Eduardo Levy YeyatiSection I: Avoiding the next crisis“The pandemic can be used as a cover for wasteful spending”Laura Alfaro“QE in advanced economies does not provide a convincing argument for monetary financing in emerging ones”Roberto Chang

The impact of the Covid-19 pandemic in Latin America highlighted the challenge of long-standing fiscal and social deficits in a context of overstretched public sector resources. And it deepened a growing discontent with the economic status quo and the political system. A new CEPR eBook collects a series of conversations with distinguished Latin American researchers and