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underlying unobserved component. We use the derived indicator to trace the response of the PBoC to the coronavirus pandemic. The …
Persistent link: https://www.econbiz.de/10012225365
Hundreds of thousands of articles related to COVID-19 have been published worldwide, and many of them have focused on public administration and public policy aspects related to this pandemic. Certainly, the general lack of relevant knowledge and necessary experience for a robust governance...
Persistent link: https://www.econbiz.de/10012516955
Decisions on public health measures to contain a pandemic are often based on parameters such as expected disease burden and additional mortality due to the pandemic. Both pandemics and nonpharmaceutical interventions to fight pandemics, however, produce economic, social, and medical costs. The...
Persistent link: https://www.econbiz.de/10013455788
Rules-based trade is under attack and the WTO is at risk of marginalization. The COVID-19 pan-demic and its detrimental effects on public health, global supply- and value chains and industrial production, have brought back national export restrictions and stopped the free flow of goods and...
Persistent link: https://www.econbiz.de/10012219135
An economy's ability to resist adverse shocks, such as an economic recession or natural disaster, is associated with its financial system structure due to different countercyclical funding capabilities. This paper uses a novel database of bank headquarter locations in a cross-country comparison...
Persistent link: https://www.econbiz.de/10012793620
COVID-19 was first reported in China in December 2019 and has since rapidly spread worldwide. It was declared a pandemic by the WHO in March 2020. In Korea, the first confirmed case of COVID-19 was on January 20, 2020. Thus, 2020 was a year that the Korean economy spent entirely under the shock...
Persistent link: https://www.econbiz.de/10014078460
Since the recent outbreak of the COVID-19, South Korea has demonstrated successful pandemic management that can be exemplary to other countries. This paper analyzes how South Korea’s responses to the COVID-19 pandemic has changed the perceptions of the country in Europe. Through a survey...
Persistent link: https://www.econbiz.de/10014090085
Since the recent outbreak of the COVID-19, South Korea has demonstrated successful pandemic management that can be exemplary to other countries. This paper analyzes how South Korea’s responses to the COVID-19 pandemic has changed the perceptions of the country in Europe. Through a survey...
Persistent link: https://www.econbiz.de/10014090138
The article examines the impact of the COVID-19 pandemic on the economy. The features of the economic crisis caused by the pandemic have been studied. The features of how this crisis differs from the economic crisis caused by the Spanish flu are presented. The main function of the economic...
Persistent link: https://www.econbiz.de/10013231343
This note shows that the effective response of a country in its battle against COVID-19 influences the exchange rate of its currency. Particularly, we examine the GBPUSD, AUDUSD and AUDGBP pairs of currency during the COVID-19 outbreak and the results show that the domestic currency of the...
Persistent link: https://www.econbiz.de/10013251447