In this note, we gauge the likely impact of the Delta variant on global GDP growth in the second half of this year. To do so, we use the methodology described in Kamin and Kearns (2021), "Pandemic Prospects and the Global Economic Recovery," to compare projections for global GDP based on the...

This paper describes one of the first attempts to gauge the effect of the COVID-19 pandemic on the global trajectory of a key measure of economic activity – industrial production – over the course of 2020. It is also among the first efforts to distinguish between the role of domestic...

This paper develops an empirical model of the economic impact of COVID-19 and uses it to gauge how the evolution of the pandemic will affect the global economic recovery.

The emerging-market and developing economies face a multitude of grave challenges as they confront the COVID-19 pandemic, including a critical lack of budgetary space. Observers have highlighted the need to bolster the international financial institutions' lending capacity in the event of a...