TY  - BOOK
AU  - Gonzalez-Perez, Maria Alejandra
AU  - Mohieldin, Mahmoud
AU  - Hult, G. Tomas M.
AU  - Velez-Ocampo, Juan
TI  - COVID-19, sustainable development challenges of Latin America and the Caribbean, and the potential engines for an SDGs-based recovery
SN  - 1536-5433
PY  - 2021///
PB  - Management Research: Journal of the Iberoamerican Academy of Management
KW  - MSc International Business
KW  - Regional value chains
KW  - SDGs-based recovery
KW  - Sustainable recovery
N2  - 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.
Design/methodology/approach: This study conceptually discusses the effects of COVID-19 on the LAC region and highlights potential areas for recovery.
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”).
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.
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
UR  - https://www-emerald-com.hub.tbs-education.fr/mrjiam/article-pdf/19/1/22/2056587/mrjiam-12-2020-1119.pdf
ER  -