COVID-19 outbreak disrupted social and economic activity. Impacts on aviation, tourism, retail, financial markets, MSMEs and oil are assessed in this research. Travel and tourism, which contributes 9.2% of the GDP, will impact the GDP growth rate. Airlines will lose USD 1.56 billion. FPIs...

In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...

This chapter reviews and synthesizes our current understanding of the shocks that drive economic fluctuations. The chapter begins with an illustration of the problem of identifying macroeconomic shocks, followed by an overview of the many recent innovations for identifying shocks. It then...

In this paper we perform a meta-analysis of the effects of monetary policies on output and prices. We use a sample of published papers on the effects of monetary policies in different countries. There is a large variation in the estimated effects of monetary policies on output and prices. We...

The situation prior to the COVID, as brought out in Morris, Sebastian (2020), was problematic with major slowdown and heightened uncertainty in the financial sector in the last year before the Crisis. The response of the RBI, free from its conservative shackles, now followed the US into...

COVID-19 is an epidemic that has invaded a large number of countries. It started in Wuhan china and is now spreading rapidly to a large number of countries. Several countries have tested vaccines to control this, but it is still not 100 % successful. This declining and increasing COVID-19 virus...

COVID-19 is an epidemic that has invaded a large number of countries. It started in Wuhan china and is now spreading rapidly to a large number of countries. Several countries have tested vaccines to control this, but it is still not 100 % successful. This declining and increasing COVID-19 virus...

COVID-19 is one of the most fearsome pandemics that the world is facing right now. COVID-19 has completely driven the people lives of Sri lanka as well as rest of the world, totally in a different way. Economically, Sri lanka was already in a bad condition before start of this pandemic and now...

COVID–19 is the most serious shock in recent history, ironically unprecedented caused to country’s economy. The well-known way to control its spread is continues Sanitation with wearing face masks, washing hands, social distancing, isolating patients, and quarantining those who have been...

The COVID-19 named as the worst economic shock in Sri Lankan story in this study viral outbreak, Sri Lanka is one of the most vulnerable middle income countries. Corona's economic effect may be expected to be significantly direct and indirect since the Sri Lankan economy depends mainly on...