Is the future of the Inter-American Development Bank at stake?

Amid fears of a worsening economic crisis due to the negative consequences of the COVID-19 coronavirus pandemic and forced restrictions, governments around the world have begun to take unprecedented measures to support the economy and maintain employment. In the current difficult conditions, the new candidacy for the post of president of the Inter-American Development Bank again split Latin America into two “camps”. What this time became the “knot” of regional contradictions?

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Chronicles of the Coronavirus in Latin America

In Latin American countries, the total number of deaths from the COVID-19 virus has already reached 100 thousand. Only in Brazil, as of June 23, 53.830 deaths were recorded from the coronavirus, 1.190.000 people were infected. To date, the country has become the second in the world after the United States, which has come close to such indicators. What strategies do regional governments intend to apply? How do Latin American states plan to deal with the pandemic outbreak?

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