Regional Economic Outlook, October 2020, Western Hemisphere

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The ongoing pandemic in Latin America and the Caribbean is juxtaposed with a resurgence in economic activity following a significant contraction in April. As lockdown measures were relaxed, both consumers and businesses adapted to new social distancing protocols. The recovery was bolstered by substantial policy support from various countries and an uptick in global economic activity, highlighting a complex interplay between health challenges and economic resilience in the region.