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The global financial crisis (2008-09) led to a sharp contraction in both Euro Area (EA) and US real activity, and was followed by a long-lasting slump. However, the post-crisis adjustment in the EA and the US shows striking differences—in particular, the EA slump has been markedly more...
Persistent link: https://www.econbiz.de/10012969881
The global financial crisis (2008-09) led to a sharp contraction in both Euro Area (EA) and US real activity, and was followed by a long-lasting slump. However, the post-crisis adjustment in the EA and the US shows striking differences - in particular, the EA slump has been markedly more...
Persistent link: https://www.econbiz.de/10012998137
This paper uses the onset of COVID-19 to examine how countries construct their policy packages in response to a severe negative shock. We use several new datasets to track the use of a large variety of policy tools: announced fiscal stimulus (both above- and below-the-line), monetary policy...
Persistent link: https://www.econbiz.de/10014287372
Abstract India is at a crucial juncture in its fight against COVID-19 pandemic, which is inflicting unprecedented health, economic, and financial stability challenges. The first priority is, of course, to save lives. But the necessary containment measures to limit the spread of the virus are...
Persistent link: https://www.econbiz.de/10012834763
‘COVID-19’ has taken the world by storm, challenging the norm of ‘normal’ in most aspects of life. The pandemic situation ‘halted’ almost all economic activities of Sri Lanka. This review study comprehensively examines the impacts of COVID-19 on GDP, employment, poverty, tourism,...
Persistent link: https://www.econbiz.de/10013215225
Many infectious diseases have been detected in the world so far. Many of them are still prevalent in the world we live in today. Yet most of it does not affect us in any way. But this epidemic that is occurring at this time when civilization, medicine and technology are well developed is...
Persistent link: https://www.econbiz.de/10013215233
COVID-19 is the ongoing menace to the all over the world, labelled as pandemic and worst economic shock in recent history. Sri Lanka is one of the most vulnerable middle-income countries suffer most during this novel virus outbreak. The economic impact of covid-19 can expect substantially both...
Persistent link: https://www.econbiz.de/10013215237
COVID-19 is a communicable disease caused by the most recently discovered Coronavirus. This new virus was unknown before the outbreak began in Wuhan. China in December 2019. All the affected countries have been looking for safety precaution while few countries are researching the specific...
Persistent link: https://www.econbiz.de/10013215239
The virus that caused a localized shock in China is now causing a widely spread panic throughout the world. Using a typical local analysis, this study evaluates the probable impact of COVID-19 on GDP, tourism, poverty, employment, household income, exchange rates, remittance Under-utilization of...
Persistent link: https://www.econbiz.de/10013215258
The global pandemic and how impact of COVID-19 on Sri Lanka Economy are key concept linked to the subject under discussion. COVID-19 is the ongoing menace to the all over the world, labelled as pandemic and worst economic shock in recent history. Sri Lanka is one of the most vulnerable middle-...
Persistent link: https://www.econbiz.de/10013215261