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The Impact Of The Covid-19 Pandemic On The World Economy - First Estimates And Economic Policy Measures

Author

Listed:
  • Tomáš Dudáš

    (Fakulta medzinárodných vzťahov, Ekonomická univerzita v Bratislave)

Abstract

The aim of the article is to create an initial picture of the consequences of COVID-19 for the world economy. The article is divided into three basic parts, with the first part presenting estimates of the economic consequences of global pandemics from the plague in medieval Europe to the SARS pandemic in the early 21st century. The second part of the work gathers the latest available data on the development of the world economy, while the key role will be played by the latest estimates of the IMF and other international organizations, as well as analyzes of central banks and private companies. The last part of the work gathers the instruments of economic policy that the key economies in the world economy have announced to combat the economic consequences of the COVID-19 pandemic and will try to evaluate the course of these measures so far.

Suggested Citation

  • Tomáš Dudáš, 2020. "The Impact Of The Covid-19 Pandemic On The World Economy - First Estimates And Economic Policy Measures," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 15(3), pages 14-26.
    • Handle: RePEc:brv:almnch:v:10:y:2020:i:3:p:14-26
    as

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    File URL: https://fmv.euba.sk/RePEc/brv/almnch/A2020-3.pdf
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    References listed on IDEAS

    as
    1. Brainerd, Elizabeth & Siegler, Mark V, 2003. "The Economic Effects of the 1918 Influenza Epidemic," CEPR Discussion Papers 3791, C.E.P.R. Discussion Papers.
    2. Thomas A. Garrett, 2009. "War And Pestilence As Labor Market Shocks: U.S. Manufacturing Wage Growth 1914–1919," Economic Inquiry, Western Economic Association International, vol. 47(4), pages 711-725, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    COVID-19; global economy; economic consequences;
    All these keywords.

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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