Serial

The Economy in the Time of Covid-19

Show simple item record

collection.link.135
https://openknowledge.worldbank.org/handle/10986/6000
collection.link.215
https://openknowledge.worldbank.org/handle/10986/11883
collection.name.135
Portuguese PDFs Available
collection.name.215
LAC Semiannual Report
dc.contributor.author
World Bank
dc.date.accessioned
2020-04-09T18:16:59Z
dc.date.available
2020-04-09T18:16:59Z
dc.date.issued
2020-04-12
dc.date.lastModified
2020-07-13T15:46:59Z
dc.description.abstract
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are struggling to contain the spread of the Covid-19 epidemic while avoiding a dramatic decline in economic activity. The report analyzes how to think about this tradeoff. It estimates the potential health costs, assesses the effectiveness of diverse containment strategies, and discusses how large the economic cost could be. The current crisis is unprecedented because it combines a fall in global demand, tighter financial conditions and a major supply shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to protect jobs and livelihoods, and how to manage and divest the assets that will inevitably end up in the hands of the state.
en
dc.identifier.isbn
978-1-4648-1570-6
dc.identifier.uri
http://hdl.handle.net/10986/33555
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
LAC Semiannual Report;April 2020
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CORONAVIRUS
dc.subject
COVID-19
dc.subject
ECONOMIC GROWTH
dc.subject
INCOME INEQUALITY
dc.subject
LABOR MARKET
dc.subject
LABOR FORCE PARTICIPATION
dc.subject
RECESSION
dc.subject
ECONOMIC SLOWDOWN
dc.subject
ELASTICITY
dc.subject
INEQUALITY
dc.subject
TERMS OF TRADE
dc.subject
UNEMPLOYMENT
dc.subject
PANDEMIC
dc.subject
POLICY RESPONSE
dc.subject
PANDEMIC
dc.title
The Economy in the Time of Covid-19
en
dc.type
Serial
en
okr.date.disclosure
2020-04-12
okr.doctype
Publications & Research :: Publication
okr.doctype
Publications & Research
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1570-6
okr.identifier.report
147597
okr.language.supported
en
okr.language.supported
es
okr.region.administrative
Latin America & Caribbean
okr.region.geographical
Caribbean
okr.region.geographical
Latin America
okr.topic
Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Macroeconomics and Economic Growth :: Macroeconomic Management
okr.topic
Poverty Reduction :: Inequality
okr.topic
Social Protections and Labor :: Employment and Unemployment
okr.topic
Social Protections and Labor :: Labor Markets
okr.unit
LCRCE

Show simple item record



This item appears in the following Collection(s)