Tracking the Characteristics of Economic Growth Vulnerability to COVID-19: A Preliminary Analysis
In response to the global expansion of COVID-19, governments around the world have implemented social distancing measures resulting in an unprecedented fall in economic activity. Consequently, the economic growth forecasts for 2020 have been adjusted downward in most countries, yet the magnitude of...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/19274 |
| Acceso en línea: | http://hdl.handle.net/10272/19274 |
| Access Level: | acceso abierto |
| Palabra clave: | : COVID-19 Economic growth forecasts Macroeconomic policy Economic structure Pronósticos de crecimiento económico Política macroeconómica Estructura económica |
| Sumario: | In response to the global expansion of COVID-19, governments around the world have implemented social distancing measures resulting in an unprecedented fall in economic activity. Consequently, the economic growth forecasts for 2020 have been adjusted downward in most countries, yet the magnitude of the decline has been different. In this article, we examine the economic vulnerability to COVID-19 -measured as the change in GDP growth forecasts for 2020- and its determinants for a sample of 194 countries. We identify the characteristics of the external sector and macroeconomic policy stance that are associated with an increase in economic vulnerability during the pandemic |
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