The Economic Impact Of Covid 19

Author : Economic Commission for Latin America and the Caribbean
Publisher : United Nations
Page : 36 pages
File Size : 54,6 Mb
Release : 2020-10-31
Category : Business & Economics
ISBN : 9789210054133

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Report on the Economic Impact of Coronavirus Disease (COVID-19) on Latin America and the Caribbean by Economic Commission for Latin America and the Caribbean Pdf

This study was prepared by the Economic Commission for Latin America and the Caribbean (ECLAC), at the request of the Government of Mexico in its capacity as Pro Tempore Chair of the Community of Latin American and Caribbean States (CELAC), at the virtual ministerial meeting on health matters for response and follow-up to the COVID-19 pandemic in Latin America and the Caribbean, held on 26 March 2020. The report addresses three topics: the economic and social impacts of the coronavirus pandemic in the region, the actions taken by ECLAC in response to the request by CELAC and, on the basis of these, a set of policy recommendations to address the pandemic and its effects in different areas.

Author : Emily Hudd
Publisher : ABDO
Page : 51 pages
File Size : 50,8 Mb
Release : 2020-08-01
Category : Juvenile Nonfiction
ISBN : 9781098212940

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The Economic Impact of COVID-19 by Emily Hudd Pdf

Many of the world’s largest economies shut down almost overnight as nations tried to slow the spread of COVID-19. These measures saved lives, but they also cost millions of jobs and shuttered many companies—some temporarily, others forever. The Economic Impact of COVID-19 studies how the pandemic and the fight against it affected every part of the economy, from individuals to huge corporations. Features include a glossary, references, websites, source notes, and an index. Aligned to Common Core Standards and correlated to state standards. Core Library is an imprint of Abdo Publishing, a division of ABDO.

Author : Moosa, Imad A.
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 50,7 Mb
Release : 2021-11-16
Category : Medical
ISBN : 9781800377226

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The Economics of COVID-19 by Moosa, Imad A. Pdf

This timely book explores the neglected risk in the advent of the Covid-19 pandemic, illustrating the ways in which four decades of neoliberal economic and public policy has eroded the functional capacity of states to handle catastrophic events.

Author : Sloboda, Brian W.,Sissoko, Yaya
Publisher : IGI Global
Page : 253 pages
File Size : 54,9 Mb
Release : 2022-01-14
Category : Business & Economics
ISBN : 9781799869023

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Economic Impact and Recovery Following a Global Health Crisis by Sloboda, Brian W.,Sissoko, Yaya Pdf

The COVID-19 pandemic has raised challenges in the assessment of macroeconomic and microeconomic impacts. The impacts of COVID-19 on the macro and micro sectors of the economy and the current and future economic tendencies have yet to be determined. The impact of COVID-19 research holds limitless potential, but the necessary research for professionals to understand the economic impacts is lacking and unclear. Economic Impact and Recovery Following a Global Health Crisis assesses the economic impacts of the COVID-19 pandemic with a focus on the macroeconomic and microeconomic and uses various statistical methods and real-world data to predict and establish specific trends within the economy. Covering topics such as firm behavior and national economies, it is ideal for policymakers, industry professionals, researchers, academicians, instructors, and students.

Author : Magnus Strömberg,Victoria M. Petrova
Publisher : Nova Snova
Page : 0 pages
File Size : 41,7 Mb
Release : 2021-08-03
Category : COVID-19 Pandemic, 2020-
ISBN : 1536199524

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The Effects of COVID-19 on the Global and Domestic Economy by Magnus Strömberg,Victoria M. Petrova Pdf

In the year since the COVID-19 outbreak was first diagnosed, it has spread to over 200 countries and all U.S. states. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a century. Estimates so far indicate the virus reduced global economic growth to an annualized rate of -4.5% to -6.0% in 2020, with a partial recovery of 2.5% to 5.2% projected for 2021. Global trade is estimated to have fallen by 5.3% in 2020, but is projected to grow by 8.0% in 2021. The full economic impact of the pandemic likely will remain unclear until the negative health effects peak. This book provides an overview of the global and domestic economic costs to date and the response by governments and international institutions to address these effects.

Author : Jill C. Wheeler
Publisher : ABDO
Page : 115 pages
File Size : 45,7 Mb
Release : 2022-08-01
Category : Juvenile Nonfiction
ISBN : 9781098271626

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The Economic Impact of COVID-19 by Jill C. Wheeler Pdf

The Economic Impact of COVID-19 looks at how the pandemic affected the economy. From lockdowns and business closures to supply chain issues, sporting event cancellations, and even success for certain industries, COVID-19 had a wide range of economic effects. Features include a glossary, references, websites, source notes, and an index. Aligned to Common Core Standards and correlated to state standards. Essential Library is an imprint of Abdo Publishing, a division of ABDO.

Author : Shi Yi Chen,Zhiqing Li
Publisher : World Scientific
Page : 518 pages
File Size : 53,6 Mb
Release : 2022-07-14
Category : Political Science
ISBN : 9789811252938

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Covid-19's Economic Impact And Countermeasures In China by Shi Yi Chen,Zhiqing Li Pdf

The book studies the impact of COVID-19 on the Chinese economy and the country's response to policies. It examines various aspects of national macroeconomic operations, industrial shocks, changes in financial markets, regional economic order, public governance challenges. It also analyzes changes in the world economy while integrating economic, financial, industrial, and environmental disciplines.At the macro level, the book emphasizes counter-cyclical responses, with an emphasis on comprehensive measures and precise efforts. It highlights differentiated development strategies for industries and promotes structural adjustment and supply-side reform. At the micro-level, the book emphasizes enterprises' resumption of work and production and supply chain management. The book promotes the concept of integration, stressing that China's economy was and is sufficiently resilient and the importance of maintaining and improving public confidence. At the same time, it attaches importance to prescribing the correct remedies for shortcomings, strengthening weaknesses, confronting the obstacles and difficulties in economic development, and restoring social order. The studies are not restricted to the facts but also focus on transforming and upgrading a modernized socialist economy and governance in the long term.

Author : Giray Gozgor,Chi Lau
Publisher : Frontiers Media SA
Page : 240 pages
File Size : 47,8 Mb
Release : 2021-11-24
Category : Medical
ISBN : 9782889716784

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Economic Effects of COVID-19 Related Uncertainty Shocks by Giray Gozgor,Chi Lau Pdf

Author : Johannes Emmerling,Davide Furceri,Francisco Líbano Monteiro,Mr. Prakash Loungani,Mr. Jonathan David Ostry,Pietro Pizzuto,Massimo Tavoni
Publisher : International Monetary Fund
Page : 38 pages
File Size : 49,6 Mb
Release : 2021-04-30
Category : Business & Economics
ISBN : 9781513582351

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Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics by Johannes Emmerling,Davide Furceri,Francisco Líbano Monteiro,Mr. Prakash Loungani,Mr. Jonathan David Ostry,Pietro Pizzuto,Massimo Tavoni Pdf

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.

Author : Sumit Agarwal,Zhiguo He,Bernard Yeung
Publisher : World Scientific
Page : 193 pages
File Size : 52,6 Mb
Release : 2020-12-23
Category : Business & Economics
ISBN : 9789811229398

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Impact Of Covid-19 On Asian Economies And Policy Responses by Sumit Agarwal,Zhiguo He,Bernard Yeung Pdf

On March 12th 2020, World Health Organization (WHO) declared the spreading of the new virus, 2019-nCoV, a pandemic. In Asia, the virus, more commonly referred to as COVID-19, has been spreading since the end of December. To contain the public health threat, almost all countries enforced a variety of measures, including lockdowns, to minimize face-to-face human interactions between the infected and the susceptible.While these vigilant measures save lives, they also generate a substantial negative economic shock that immediately halts demand and significantly disrupts supply, global production value chain and trade. The consequences are dire — considerable decline in output, massive surge in unemployment, countless bankruptcy cases, and unrelentless worries over financial stability. The result, a worldwide economic setback, is more severe than that experienced during the Great Financial Crisis of 2008-2009.Asia's experiences with COVID-19 precede that in the West. This fortuitous timing allows Asia to share its learnings drawn from experiences to benefit the world.The Asian Bureau of Finance and Economic Research's (ABFER) community has gathered a collection of insights to inform the public. Besides providing access to research on the pandemic conducted in Asia, these commentaries offer comprehensive information on the effects of the pandemic, the effectiveness of measures employed to contain it and the subsequent economic impacts from such implementation. With granular analyses of government policies and their associated economic rescue packages, these commentaries elucidate the hard trade-offs between public health protection and economic security. Finally, the commentaries address the broader impact of the pandemic on international trade, global value chains and society.

Author : Moeen, Muhammad Saad,Haider, Zeeshan,Shikoh, Sania Haider,Rizwan, Noormah,Ejaz, Amna,Davies, Stephen,Rana, Abdul Wajid
Publisher : Intl Food Policy Res Inst
Page : 42 pages
File Size : 49,5 Mb
Release : 2021-02-13
Category : Political Science
ISBN : 8210379456XXX

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Estimating the economic impacts of the first wave of COVID-19 in Pakistan using a SAM Multiplier Model by Moeen, Muhammad Saad,Haider, Zeeshan,Shikoh, Sania Haider,Rizwan, Noormah,Ejaz, Amna,Davies, Stephen,Rana, Abdul Wajid Pdf

Social Accounting Matrix (SAM) multiplier analysis has been employed to assess the impacts of COVID-19 on various macroeconomic variables including Gross Domestic Product (GDP), employment, and poverty in Pakistan. SAM multiplier models are well-suited to estimate the direct and indirect effects of unanticipated demand-side shocks and short-term fluctuations on various sectors and agents in the economy, such as those caused by the COVID-19 pandemic. The results show that Pakistan’s GDP declined by 26.4 percent from mid-March to the end of June 2020 (14 weeks) compared to a non-COVID scenario. Services were hit the hardest, registering losses of 17.6 percent, followed by industry with losses of 6.7 percent. Agriculture turned out to be resilient and remained relatively unhurt, falling by 2.1 percent. All households witnessed a reduction in incomes, but higher-income quartiles appeared to have lost more than lower-income ones. Our approach for economic impact with mitigation measures is to assess the effectiveness of Emergency Response Packages (ERP) by altering the remittances to levels that reflect the magnitude of the support from the government. The total government expenditures were directed towards different kinds of households of PKR 318.6 billion (USD 2.12 billion). This led to a reduction of about USD 3.1 billion in GDP losses, which, compared to the amount spent implied a multiplier of 1.4 in GDP per PKR spent. The national poverty rate soared to 43 percent and 38.7 percent in April and May respectively. The Government’s cash transfers program proved highly effective and led to 11 percent reduction in poverty rate during the pandemic. The recovery scenarios indicate a cumulative GDP loss of USD 11.8 billion and 11.1 USD billion under slow and fast recovery scenarios, respectively, by December 2020. Our estimates show that Pakistan’s annual GDP (at market prices) will register a decline of 4.6 percent in the year 2020 due to negative effects of the pandemic and sluggish economic recovery. Poverty is expected to stabilize at 27.6 percent and 27.4 percent for the two recovery scenarios by December 2020.

Author : Carmody, Pádraig,McCann, Gerard
Publisher : Policy Press
Page : 218 pages
File Size : 51,6 Mb
Release : 2020-10-21
Category : Social Science
ISBN : 9781529215892

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COVID-19 in the Global South by Carmody, Pádraig,McCann, Gerard Pdf

Available Open Access under CC-BY-NC-ND licence. Bringing together a range of experts across various sectors, this important volume explores some of the key issues that have arisen in the Global South with the COVID-19 pandemic. Situating the worldwide health crisis within broader processes of globalisation, the book investigates implications for development and gender, as well as the effects on migration, climate change and economic inequality. Contributors consider how widespread and long-lasting responses to the pandemic should be, while paying particular attention to the accentuated risks faced by vulnerable populations. Providing answers that will be essential to development practitioners and policy makers, the book offers vital insights into how the impact of COVID-19 can be mitigated in some of the most challenging socio-economic contexts worldwide.

Author : Cesar Calderon,Gerard Kambou,Calvin Zebaze Djiofack,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales
Publisher : World Bank Publications
Page : 136 pages
File Size : 45,8 Mb
Release : 2020-04-07
Category : Business & Economics
ISBN : 9781464815683

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Africa's Pulse, No. 21, Spring 2020 by Cesar Calderon,Gerard Kambou,Calvin Zebaze Djiofack,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales Pdf

The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and Angola— in a context of persistently weak growth and investment. In particular, countries that depend on oil and mining exports would be hit the hardest. The negative impact of the COVID-19 crisis on household welfare would be equally dramatic. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.†? This strategy includes relief measures and recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. However, financing of these policies will be challenging amid deteriorating fiscal positions and heightened public debt vulnerabilities. Therefore, African countries will require financial assistance from their development partners -including COVID-19 related multilateral assistance and a debt service stand still with creditors.

Author : Jerzy Menkes,Magdalena Suska
Publisher : Routledge
Page : 192 pages
File Size : 47,6 Mb
Release : 2021
Category : Business & Economics
ISBN : 1003144438

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The Economic and Legal Impact of Covid-19 by Jerzy Menkes,Magdalena Suska Pdf

"The book presents Poland's legal and institutional response to the pandemic, analysed through the prism of common European values and Poland's international commitments. It signposts the financial solutions adopted by the EU in the aftermath of the outbreak to assess how they will be used in combatting the short and longer-term consequences of the pandemic in Poland. The book is an introduction to original research, shaped by the novelty of the subject matter, and as such, will be essential reading for students and researchers of economics, law, and international relations"--

Author : Mustafa Polat,Serhat Burmaoglu,Ozcan Saritas
Publisher : Springer Nature
Page : 323 pages
File Size : 55,5 Mb
Release : 2022-11-16
Category : Political Science
ISBN : 9783031131424

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COVID-19 and Society by Mustafa Polat,Serhat Burmaoglu,Ozcan Saritas Pdf

This timely book presents a collection of expert insights into the impacts of COVID-19 in a broader socio-economic context. In each chapter, the authors identify the current impact of COVID-19 by demonstrating transformative signals and project these signals to the future by considering their alternative futures and implications. The book emphasizes that dealing with major global pandemics like COVID-19 requires all countries and regions to take different, but synchronized measures to decrease its socio-economic effects in the short, medium and long run. The consequences of COVID-19 will go beyond medicine to cover all other aspects of life and are bound to change the nature of organizations. Moving beyond the medical viewpoint, the experts in this book discuss the topic from multi-dimensional and multi-disciplinary angles by focusing on the domains of technology, business, finance, marketing, law, public administration, and education.