Efectos Económicos y Políticas de Respuesta ante el COVID-19: Un Estudio Comparativo entre Ecuador y Perú

Abstract

Abstract: The study examines the economic impacts caused by COVID 19 and the policies of response implemented by Ecuador and Peru to these effects. In a context where the pandemic caused a significant impact worldwide, the need to identify optimal responses to future crises. The objectives include comparing the changes of macroeconomic aggregates, analyze adopted policies, and establish a model for face future pandemics. A mixed methodology is used (quantitative and qualitative), based on the analysis of macroeconomic aggregates and description of fiscal strategies and monetary. The results reveal that by 2020 both countries presented challenges economic as a result of the pandemic, forcing them to adopt various policies from stimulus fiscal to financial support, managing to a certain extent to reduce the impact. Conclusion The fragility of their economic structures is highlighted and how the recovery focused on solid public policies, economic diversification and international cooperation promoting increasing exports and supporting local companies. Furthermore, there is the need for technological transformation and policies that support resilience economic.