The economics of COVID-19 pandemic: A survey

Through a survey of the literature on the economics of the coronavirus (COVID-19) pandemic, this study explores the effects of the pandemic and proposes potential policy directions to mitigate its effects. Our survey reveals that adverse economic effects have been observed due to the COVID-19 pandem...

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Detalles Bibliográficos
Autores principales: Padhan, Rakesh, Prabheesh, K.P.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Economic Society of Australia, Queensland. Published by Elsevier B.V. 2021
Materias:
Survey Articles'
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7906538/
https://www.ncbi.nlm.nih.gov/pubmed/33658744
http://dx.doi.org/10.1016/j.eap.2021.02.012
Descripción
Sumario:Through a survey of the literature on the economics of the coronavirus (COVID-19) pandemic, this study explores the effects of the pandemic and proposes potential policy directions to mitigate its effects. Our survey reveals that adverse economic effects have been observed due to the COVID-19 pandemic in addition to fatalities. Furthermore, the survey indicates the need for greater coordination at national and international levels. This study concludes by suggesting coordination among monetary, macroprudential, and fiscal policies (trio) to mitigate the adverse economic effects of COVID-19. Finally, this study explores potential directions for future research.

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