The pandemic dealt a severe blow to Latin America and the Caribbean, inflicting unfathomable human suffering and exacting a heavy economic toll. It has left many scars in its wake. At the macroeconomic level, one of the most lasting and significant ones is high debt. Debt had risen even before the pandemic, but it accelerated further as governments deployed fiscal packages to support their economies while watching revenues run dry. The fiscal response was justified given the magnitude and nature of the crisis, but the region must now address the consequences. This book focuses on how countries should manage high debt levels and develops policy recommendations based on rigorous analysis […]