id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
cord-301975-hcinajry	Proaño, Christian R.	On the Macroeconomic and Social Impact of the Coronavirus Pandemic in Latin America and the Developing World	2020-06-07		.txt	text/plain	2014	77	45	While the COVID-19 pandemic posits a signifi cant challenge to all societies around the world, it also reveals in the most dramatic manner the many abysmal differences between so-called advanced economies and the developing world. While most advanced economies have been able to readily approve and implement fi scal stimuli of a signifi cant dimension -whether the German initiatives or the $2 trillion US stimulus package -and in France, Germany, Italy, Japan and the United Kingdom public-sector liquidity support programmes each above 10% of the respective GDPs have been announced (International Monetary Fund, 2020, 2) , the fi scal space and the general capability of developing and low-income countries to confront the current coronavirus crisis is far more limited. First and foremost, the existing intensive care capacities, direly needed for the patients' medical treatment against COVID-19, in developing countries are dramatically behind those of advanced economies.	./cache/cord-301975-hcinajry.txt	./txt/cord-301975-hcinajry.txt