Publication:
From Double Shock to Double Recovery: Implications and Options for Health Financing in the Time of COVID-19

dc.contributor.authorKurowski, Christoph
dc.contributor.authorEvans, David B
dc.contributor.authorTandon, Ajay
dc.contributor.authorEozenou, Patrick Hoang-Vu
dc.contributor.authorSchmidt, Martin
dc.contributor.authorIrwin, Alec
dc.contributor.authorSalcedo Cain, Jewelwayne
dc.contributor.authorPambudi, Eko Setyo
dc.contributor.authorPostolovska, Iryna
dc.date.accessioned2021-03-23T15:30:45Z
dc.date.available2021-03-23T15:30:45Z
dc.date.issued2021-03
dc.description.abstract“From Double Shock to Double Recovery (DSDR) – Implications and Options for Health Financing in the Time of COVID-19,” a discussion paper published in March 2021. The original paper used macroeconomic projections released by the International Monetary Fund in October 2020 to project the possible time path of health spending per capita in 178 countries and territories from 2020 to 2025 under different scenarios. They suggested that few countries had been spared by the global recession of 2020 and that in many countries, government spending, after initial increases in response to the crisis, was likely to fall in at least one, often multiple years. The paper showed that despite a projected return to global economic growth from 2021, low- and lower-middle-income countries (LICs and LMICs) would, with few exceptions, struggle to maintain health spending at levels sufficient to continue combating the pandemic. The paper discussed a range of policy options that countries could use to increase the available domestic resources for health in times of economic crisis. DSDR first technical update, “From Double Shock to Double Recovery – Widening Rifts,” published in September 2021, updated the analysis presented in the original discussion paper. This edition explored the implications of the new IMF projections for governments’ capacities to spend on health. It identified a group of 52 countries of special concern. It found that to change this dynamic, governments in these countries would need to take bold steps to substantially increase the share of their available resources allocated to health. The paper also showed that many LICs and LMICs would struggle to find the domestic resources to roll out COVID-19 vaccines to their populations and to strengthen pandemic preparedness and response, putting the economic recovery at risk. DSDR second technical update, “From Double Shock to Double Recovery – Old Scars, New Wounds,” published in September 2022, describes the new IMF macroeconomic projections. It explores the extent to which the need to pay interest on debt might reduce governments’ capacity to spend; and the implications for country health spending.en
dc.identifierhttp://documents.worldbank.org/curated/en/670721616095085493/From-Double-Shock-to-Double-Recovery-Implications-and-Options-for-Health-Financing-in-The-Time-of-COVID-19
dc.identifier.doi10.1596/35298
dc.identifier.urihttps://hdl.handle.net/10986/35298
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesHealth, Nutrition and Population Discussion Paper;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectHEALTH FINANCING
dc.subjectEQUITY
dc.subjectECONOMIC SHOCK
dc.subjectPANDEMIC IMPACT
dc.subjectPANDEMIC RESPONSE
dc.titleFrom Double Shock to Double Recoveryen
dc.title.subtitleImplications and Options for Health Financing in the Time of COVID-19en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleFrom Double Shock to Double Recovery
okr.date.disclosure2021-03-18
okr.date.doiregistration2025-05-05T12:18:41.065366Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/670721616095085493/From-Double-Shock-to-Double-Recovery-Implications-and-Options-for-Health-Financing-in-The-Time-of-COVID-19
okr.guid855271632146935899
okr.guid670721616095085493
okr.identifier.externaldocumentum090224b088401e00_2_0
okr.identifier.internaldocumentum32925890
okr.identifier.report157543
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/670721616095085493/pdf/From-Double-Shock-to-Double-Recovery-Implications-and-Options-for-Health-Financing-in-The-Time-of-COVID-19.pdfen
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicHealth, Nutrition and Population::Health Economics & Finance
okr.unitHNP Global (HHNGE)
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