Miguel Jaramillo’s opinion in Al Jazeera. Peru economy: COVID-19 puts millions of people out of work
“It is the worst recession since the 19th century. The economy shut down completely. In 12 out of 24 regions, there was not a single case of COVID-19. Instead of isolating, the quarantine was also imposed on them, revealing the lack of understanding of the effects of this measure. […] The long-term consequences are enormous: loss of human capital, children with poor education and malnutrition. We are going to see the impacts during the next 10 or 15 years”. Miguel Jaramillo, senior researcher at GRADE, spoke with Al Jazeera English about Peru’s economic downturn as a result of the pandemic.
