Smart Containment : Lessons from Countries with Past Experience /

Following the Great Lockdown in 2020, it is important to take stock of lessons learned. How effective have different containment measures been in slowing the spread of Covid-19? Have containment measures been costly in terms of economic growth, fiscal balances, and accumulated debt? This paper finds...

Πλήρης περιγραφή

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Κύριος συγγραφέας: Fotiou, Alexandra
Άλλοι συγγραφείς: Lagerborg, Andresa
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2021.
Σειρά:IMF Working Papers; Working Paper ; No. 2021/099
Θέματα:
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:Following the Great Lockdown in 2020, it is important to take stock of lessons learned. How effective have different containment measures been in slowing the spread of Covid-19? Have containment measures been costly in terms of economic growth, fiscal balances, and accumulated debt? This paper finds that countries with previous SARS experience acted fast and "smart", and were able to contain the virus by relying mainly on public health measures - testing, contact tracing, and public information campaigns - rather than stay-at-home requirements. Using past coronavirus outbreaks as an instrumental variable, we show that countries with past experience were able to contain the virus in a smart way, reducing transmission and deaths while also experiencing higher economic growth in 2020.
Περιγραφή τεκμηρίου:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Φυσική περιγραφή:1 online resource (54 pages)
Μορφή:Mode of access: Internet
ISSN:1018-5941
Πρόσβαση:Electronic access restricted to authorized BRAC University faculty, staff and students