Gonzalez-Perez, Maria Alejandra <br/><br/>
COVID-19, sustainable development challenges of Latin America and the Caribbean, and the potential engines for an SDGs-based recovery 
/ Maria Alejandra Gonzalez-Perez, Mahmoud Mohieldin, G. Tomas M. Hult, Juan Velez-Ocampo. 
 -  Management Research: Journal of the Iberoamerican Academy of Management,  2021. 
 - 22-37 pages. 
 - Management research, 2021-05, Vol.19 (1), p.22-37 
<br/><br/> Purpose: The purpose of this study is to examine the impact of COVID-19 on the Latin America and the Caribbean (LAC) region and to discuss imperative engines for potential regional recovery.<br/>Design/methodology/approach: This study conceptually discusses the effects of COVID-19 on the LAC region and highlights potential areas for recovery.<br/>Findings: The LAC region have a history of facing structural development challenges – due to digital inequality, environmental degradation, erosion of democracy and financial debt – which have led to a profound discontent among people in the LAC region and this dissatisfaction has been intensified by the crises stemming from the COVID-19 pandemic. LAC region can increase its resilience and recover its path to sustainable development by consolidating impact-based regional value chains, attracting sustainability-themed foreign direct investment and nurturing structural development to facilitate LAC companies to expand into international markets (“multilatinas”).<br/>Research limitations/implications: There are some preliminary studies on the economic and social impact of COVID-19 on the LAC region, however, the strategies that emerging and developing economies might pursue to promptly recover are still a matter of discussion. The uncertainty and heterogeneity of the developing and emerging economies and the multidimensional needed actions require local adaptations and adjustments.<br/>Originality/value: The LAC COVID-19 crisis recovery requires shared responsibility, global solidarity, urgent and immediate cooperation and structural transformations to enable deeper regional integration. This integration should focus on impact-based value chains to be resiliently adaptable to changing global realities and arduous local contexts. This paper provides integrative avenues for potential regional recovery within the region. 
<br/><br/><label>ISSN: </label>1536-5433 1558-0946 
<br/><br/><label>Subjects--Uniform Titles: </label><br/>MSc International Business
<br/><br/><label>Subjects--Topical Terms: </label><br/>Regional value chains<br/>SDGs-based recovery<br/>Sustainable recovery