Protecting Productive Assets During the COVID-19 Pandemic

In understanding the economics of COVID-19, it is useful to start decomposing the issue in four parts: (i) the public health problem, i.e., the characteristics of the disease and its epidemiology; (ii) the impact of the disease on economic activity...

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Main Authors: Correa, Paulo Guilherme, Slavova, Stefka, Tulenko, Kate
Format: Policy Note
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/531231588341135709/Protecting-Productive-Assets-During-the-COVID-19-Pandemic
http://hdl.handle.net/10986/33697
id okr-10986-33697
recordtype oai_dc
spelling okr-10986-336972021-05-25T09:37:06Z Protecting Productive Assets During the COVID-19 Pandemic Correa, Paulo Guilherme Slavova, Stefka Tulenko, Kate CORONAVIRUS COVID-19 PANDEMIC RESPONSE PERSONAL PROTECTIVE EQUIPMENT HEALTH WORKERS PRODUCTIVITY SOCIAL DISTANCING LABOR SUPPLY RECESSION PUBLIC EXPENDITURE VIRUS-FREE WORKPLACE FINANCIAL CRISIS PUBLIC GUARANTEE SMALL AND MEDIUM SIZE ENTERPRISE SME FINANCE INCOME SUPPORT FISCAL IMPACT LIQUIDITY INJECTION TESTING CAPACITY CONTACT TRACING SYSTEM HOSPITAL CAPACITY SUPPLY OF MASKS FOOD SECURITY HEALTH CRISIS TELEMEDICINE E-GOVERNMENT In understanding the economics of COVID-19, it is useful to start decomposing the issue in four parts: (i) the public health problem, i.e., the characteristics of the disease and its epidemiology; (ii) the impact of the disease on economic activity; (iii) the connection between the two; and (iv) the economic policy solutions to what has fast become a global pandemic that threatens to destroy the economic and social fabric of modern society. As of now, the infection is spreading aggressively in Europe and the U.S, with vast pockets of highly infected areas in Italy, Spain, and several U.S. states (New York, New Jersey, California, Washington and Texas). Many of these areas are in lockdown, with only essential businesses operating, such as food stores, pharmacies and gas stations. China has, as of today, shut its borders to foreigners after a recent spike in new infections imported from abroad. Epidemiologists suggest that even after the eventual peak and slowdown, a second wave might take place. 2020-05-05T16:04:03Z 2020-05-05T16:04:03Z 2020-04-23 Policy Note http://documents.worldbank.org/curated/en/531231588341135709/Protecting-Productive-Assets-During-the-COVID-19-Pandemic http://hdl.handle.net/10986/33697 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
PERSONAL PROTECTIVE EQUIPMENT
HEALTH WORKERS
PRODUCTIVITY
SOCIAL DISTANCING
LABOR SUPPLY
RECESSION
PUBLIC EXPENDITURE
VIRUS-FREE WORKPLACE
FINANCIAL CRISIS
PUBLIC GUARANTEE
SMALL AND MEDIUM SIZE ENTERPRISE
SME FINANCE
INCOME SUPPORT
FISCAL IMPACT
LIQUIDITY INJECTION
TESTING CAPACITY
CONTACT TRACING SYSTEM
HOSPITAL CAPACITY
SUPPLY OF MASKS
FOOD SECURITY
HEALTH CRISIS
TELEMEDICINE
E-GOVERNMENT
spellingShingle CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
PERSONAL PROTECTIVE EQUIPMENT
HEALTH WORKERS
PRODUCTIVITY
SOCIAL DISTANCING
LABOR SUPPLY
RECESSION
PUBLIC EXPENDITURE
VIRUS-FREE WORKPLACE
FINANCIAL CRISIS
PUBLIC GUARANTEE
SMALL AND MEDIUM SIZE ENTERPRISE
SME FINANCE
INCOME SUPPORT
FISCAL IMPACT
LIQUIDITY INJECTION
TESTING CAPACITY
CONTACT TRACING SYSTEM
HOSPITAL CAPACITY
SUPPLY OF MASKS
FOOD SECURITY
HEALTH CRISIS
TELEMEDICINE
E-GOVERNMENT
Correa, Paulo Guilherme
Slavova, Stefka
Tulenko, Kate
Protecting Productive Assets During the COVID-19 Pandemic
description In understanding the economics of COVID-19, it is useful to start decomposing the issue in four parts: (i) the public health problem, i.e., the characteristics of the disease and its epidemiology; (ii) the impact of the disease on economic activity; (iii) the connection between the two; and (iv) the economic policy solutions to what has fast become a global pandemic that threatens to destroy the economic and social fabric of modern society. As of now, the infection is spreading aggressively in Europe and the U.S, with vast pockets of highly infected areas in Italy, Spain, and several U.S. states (New York, New Jersey, California, Washington and Texas). Many of these areas are in lockdown, with only essential businesses operating, such as food stores, pharmacies and gas stations. China has, as of today, shut its borders to foreigners after a recent spike in new infections imported from abroad. Epidemiologists suggest that even after the eventual peak and slowdown, a second wave might take place.
format Policy Note
author Correa, Paulo Guilherme
Slavova, Stefka
Tulenko, Kate
author_facet Correa, Paulo Guilherme
Slavova, Stefka
Tulenko, Kate
author_sort Correa, Paulo Guilherme
title Protecting Productive Assets During the COVID-19 Pandemic
title_short Protecting Productive Assets During the COVID-19 Pandemic
title_full Protecting Productive Assets During the COVID-19 Pandemic
title_fullStr Protecting Productive Assets During the COVID-19 Pandemic
title_full_unstemmed Protecting Productive Assets During the COVID-19 Pandemic
title_sort protecting productive assets during the covid-19 pandemic
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/531231588341135709/Protecting-Productive-Assets-During-the-COVID-19-Pandemic
http://hdl.handle.net/10986/33697
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