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Blog Post
October 20, 2020
Governments around the world have taken drastic measures to control the spread of coronavirus. Public debate has understandably focused on the differences across countries; however, there has been surprising uniformity in the severity of lockdowns and other containment measures between rich and poor...
WORKING PAPERS
October 20, 2020
The COVID-19 pandemic led governments around the world to impose unprecedented restrictions on economic activity. Were these restrictions equally justified in poorer countries with fewer demographic risk factors and less ability to weather economic shocks? We develop, validate, and estimate a fully ...
Blog Post
October 16, 2020
This week the IMF released new global economic growth projections in the face of COVID-19, updating their earlier projections from June and from April before that. In recent weeks, the World Bank has also released new projections for various regions. Here are six takeaways that we gleaned from revie...
Blog Post
June 29, 2020
Last week, the IMF revised the post-COVID growth forecasts it had made originally in the April World Economic Outlook (WEO). The April growth forecasts numbers projected a significantly more optimistic outlook for EMDEs compared with advanced economies. It turns out that the latest June forecast ma...
Blog Post
May 21, 2020
Food supply disruption, rising poverty, and deteriorating industries remain top concerns, as countries consider “exit strategies” for reopening business and lifting lockdowns in a bid to avoid the worsening economic crisis. Here is a roundup of the most recent analysis from Africa, Asia, the Middle ...
WORKING PAPERS
May 14, 2020
The IMF’s forecasts of GDP growth in 2020 suggest a substantially muted impact of the COVID crisis for developing countries compared to advanced economies. We hope that the relative optimism will not induce complacency and elicit a less-than-forceful response by countries themselves nor legitim...
Blog Post
May 04, 2020
Travel restrictions and lockdowns imposed to contain the spread of COVID-19 continue to impact the economic outlook for low- and middle-income countries. Despite the unabated increase in infections, some countries have started reopening farms and factories to combat the threat of massive economic lo...
Blog Post
April 08, 2020
COVID-19 continues to take a humanitarian toll around the world, including in Asia and the Pacific. Countries are rightly taking dramatic measures to slow it, and those measures have economic impacts. Here’s a selection of this week’s coverage on the observed and expected economic impacts across the...