The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise
As COVID-19 spread across the globe in early 2020, governments had to make difficult choices to balance the socioeconomic costs of social distancing and lockdown measures, on the one hand, and the human costs of increased morbidity and mortality of an unchecked pandemic, on the other. The challenge...
| Autores principales: | , , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2021
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| Acceso en línea: | https://hdl.handle.net/10568/143587 |
| _version_ | 1855529881763315712 |
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| author | Pauw, Karl Smart, Jenny Thurlow, James |
| author_browse | Pauw, Karl Smart, Jenny Thurlow, James |
| author_facet | Pauw, Karl Smart, Jenny Thurlow, James |
| author_sort | Pauw, Karl |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | As COVID-19 spread across the globe in early 2020, governments had to make difficult choices to balance the socioeconomic costs of social distancing and lockdown measures, on the one hand, and the human costs of increased morbidity and mortality of an unchecked pandemic, on the other. The challenge was particularly daunting for developing countries with their often illequipped and underfunded health systems coupled with general skepticism about the effectiveness of economic restrictions to curb viral spread, especially in densely populated informal urban communities (The Economist 2020). Poorer developing country populations also tend to be less resilient to income shocks, while the social protection measures needed to mitigate against income losses are costly. With developing country governments already heavily indebted before the pandemic (Onyekwena and Ekeruche 2019), and with further anticipated losses in tax revenues due to COVID-related economic restrictions, their ability to finance palliative measures without sacrificing much-needed, longer-term public investments has remained a major concern. |
| format | Brief |
| id | CGSpace143587 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1435872025-11-06T04:36:37Z The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise Pauw, Karl Smart, Jenny Thurlow, James models economic impact covid-19 modelling developing countries quarantine As COVID-19 spread across the globe in early 2020, governments had to make difficult choices to balance the socioeconomic costs of social distancing and lockdown measures, on the one hand, and the human costs of increased morbidity and mortality of an unchecked pandemic, on the other. The challenge was particularly daunting for developing countries with their often illequipped and underfunded health systems coupled with general skepticism about the effectiveness of economic restrictions to curb viral spread, especially in densely populated informal urban communities (The Economist 2020). Poorer developing country populations also tend to be less resilient to income shocks, while the social protection measures needed to mitigate against income losses are costly. With developing country governments already heavily indebted before the pandemic (Onyekwena and Ekeruche 2019), and with further anticipated losses in tax revenues due to COVID-related economic restrictions, their ability to finance palliative measures without sacrificing much-needed, longer-term public investments has remained a major concern. 2021-06-01 2024-05-22T12:15:23Z 2024-05-22T12:15:23Z Brief https://hdl.handle.net/10568/143587 en Open Access application/pdf International Food Policy Research Institute Pauw, Karl; Smart, Jenny; and Thurlow, James. 2021. The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise. IFPRI Project June 2021. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.134430. https://hdl.handle.net/10568/111023 |
| spellingShingle | models economic impact covid-19 modelling developing countries quarantine Pauw, Karl Smart, Jenny Thurlow, James The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title | The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title_full | The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title_fullStr | The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title_full_unstemmed | The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title_short | The short-run economic costs of COVID-19 in developing countries in 2020: A synthesis of results from a multi-country modeling exercise |
| title_sort | short run economic costs of covid 19 in developing countries in 2020 a synthesis of results from a multi country modeling exercise |
| topic | models economic impact covid-19 modelling developing countries quarantine |
| url | https://hdl.handle.net/10568/143587 |
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