Latin America: The Road to Coronacrisis

Abstract

Among all the regions of the world, Latin America has been the most vulnerable to the spread of the coronavirus epidemic. The COVID-19 pandemic not only exposed the weaknesses of national health systems, but also served as a catalyst for the crisis socio-economic phenomena that have developed in the region over the past decade. The impact of the pandemic should serve Latin America as a clear lesson and motivate the local political and business establishment to make a significant adjustment to the content of the regional development strategy. It is logical, in our opinion, to raise the question of rethinking the role of the state in public life, the development of a modern, meeting the requirements of the moment, the Latin American concept of epidemiological and socio-economic security. In the post-covid period, at the center of public attention and targeted government efforts ought to be the challenges of radically improving health care through the priority development of those sectors of the economy that can provide diversification and, as a result, increase the level of crisis-sustainability of Latin American states. First of all, they should focus on the manufacturing industry, including the production of a wide range of medicines and equipment, as well as the sectors that ensure the development and modernization of socio-economic infrastructure: utilities, transport, alternative energy, telecommunications. In the field of international relations, the importance of cooperation with those States that have pioneered the development of COVID-19 coronavirus vaccines has increased significantly. In this context, it must be mentioned the interest that the registration in the Russian Federation of the first domestic vaccine Sputnik V provoked in Latin America.