After-Effects of the COVID-19 Pandemic: Prospects for Medium-Term Economic Damage - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook After-Effects of the COVID-19 Pandemic: Prospects for Medium-Term Economic Damage write by Mr. Philip Barrett. This book was released on 2021-07-30. After-Effects of the COVID-19 Pandemic: Prospects for Medium-Term Economic Damage available in PDF, EPUB and Kindle. The COVID-19 pandemic has led to a severe global recession with differential impacts within and across countries. This paper examines the possible persistent effects (scarring) of the pandemic on the economy and the channels through which they may occur. History suggests that deep recessions often leave long-lived scars, particularly to productivity. Importantly, financial instabilities—typically associated with worse scarring—have been largely avoided in the current crisis so far. While medium-term output losses are anticipated to be lower than after the global financial crisis, they are still expected to be substantial. The degree of expected scarring varies across countries, depending on the structure of economies and the size of the policy response. Emerging market and developing economies are expected to suffer more scarring than advanced economies.
Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics
Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics write by Johannes Emmerling. This book was released on 2021-04-30. Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics available in PDF, EPUB and Kindle. COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in disposable income, along with increases in unemployment, income inequality and public debt-to-GDP ratios. Energy use and CO2 emissions dropped, but mostly because of the persistent decline in the level of economic activity rather than structural changes in the energy sector. Applying our empirical estimates to project the impact of COVID-19, we foresee significant scarring in economic performance and income distribution through 2025, which be associated with an increase in poverty of about 75 million people. Policy responses more effective than those in the past would be required to forestall these outcomes.
THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY
THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY write by Pooyan Ghamari. This book was released on 2023-03-13. THE IMPACT OF THE COVID- 19 PANDEMIC ON THE GLOBAL ECONOMY available in PDF, EPUB and Kindle. The Impact of Covid-19 Pandemic on the Global Economy" by Pooyan Ghamari is an e-book that covers various aspects of the economic impact of the pandemic. The book consists of 15 chapters, including an introduction and a conclusion. Chapter 2 discusses the effects of the Covid-19 pandemic on developing countries, including the challenges they face in responding to the pandemic and the potential long-term economic consequences. Chapter 3 focuses on the role of international organizations, such as the World Health Organization and the International Monetary Fund, in responding to the pandemic and mitigating its economic impact. Chapters 4 to 9 examine the economic impact of the pandemic on specific countries and industries, including Brazil, India, the tourism industry, global trade, healthcare systems, and the labor market. Chapter 10 discusses how technology has played a role in mitigating the pandemic's impact on economies and countries worldwide. Chapter 11 analyzes the effectiveness of public health policies implemented to mitigate the spread of Covid-19 and their impact on the economy. Chapter 12 looks at the effect of the pandemic on small businesses and the support they require to recover. Chapter 13 compares the response of different governments worldwide to the pandemic and their effectiveness. Chapter 14 discusses the effect of the pandemic on mental health and its potential long-term consequences. Chapter 15 concludes the e-book by summarizing the key findings and providing recommendations for future research. It also explores potential investment opportunities arising from the pandemic, such as in healthcare or technology. Overall, "The Impact of Covid-19 Pandemic on the Global Economy" provides a comprehensive overview of the pandemic's economic impact, covering a wide range of topics and countries. It also provides insights into the lessons learned from the pandemic and how to prepare for similar global crises in the future.
Economics in the Age of COVID-19
Economics in the Age of COVID-19 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economics in the Age of COVID-19 write by Joshua Gans. This book was released on 2020-05-19. Economics in the Age of COVID-19 available in PDF, EPUB and Kindle. A guide to the pandemic economy: essential reading about the long-term implications of our current crisis. The COVID-19 pandemic has unleashed a firehose of information (much of it wrong) and an avalanche of opinions (many of them ill-founded). Most of us are so distracted by the everyday awfulness that we don't see the broader issues in play. In this book, economist Joshua Gans steps back from the short-term chaos to take a clear and systematic look at how economic choices are being made in response to COVID-19. He shows that containing the virus and pausing the economy—without letting businesses fail and people lose their jobs—are the necessary first steps.
Recoveries After Pandemics: The Role of Policies and Structural Features
Recoveries After Pandemics: The Role of Policies and Structural Features - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Recoveries After Pandemics: The Role of Policies and Structural Features write by Juan Pablo Cuesta Aguirre. This book was released on 2021-07-09. Recoveries After Pandemics: The Role of Policies and Structural Features available in PDF, EPUB and Kindle. To shed light on the possible scarring effects from Covid-19, this paper studies the economic effects of five past pandemics using local projections on a sample of fifty-five countries over 1990-2019. The findings reveal that pandemics have detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward alleviating suffering and fostering an inclusive recovery. The adverse output effects are limited for countries that provided relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with relatively greater fiscal support and relatively stronger initial conditions (as defined by higher formality, family benefits, and health spending per capita).
