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The Economic Consequences of Pandemics

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  • Mehmood, Shahid

Abstract

The recorded history of human civilisation is replete with instances of recessions that have brought financial despair upon the people. Pandemic induced recessions are different because the adverse shock to the workings of the economy is purely biological rather than economic or financial. But they are no less destructive in their tendency to deflate economies and put all economic activity in peril. A study of the past episodes offers us a window into the lessons learned that could be valuable in managing today’s as well as future challenges caused by adverse shocks to the system

Suggested Citation

  • Mehmood, Shahid, 2021. "The Economic Consequences of Pandemics," MPRA Paper 113415, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:113415
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    References listed on IDEAS

    as
    1. Trebesch, Christoph & Reinhart, Carmen & Horn, Sebastian, 2020. "Coping with Disasters: Two Centuries of International Official Lending," CEPR Discussion Papers 14902, C.E.P.R. Discussion Papers.
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    4. Fan, Victoria Y & Jamison, Dean T & Summers, Lawrence H, 2018. "Pandemic risk: how large are the expected losses?," Scholarly Articles 35014363, Harvard Kennedy School of Government.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • N0 - Economic History - - General

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