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|a Buffie, Edward.
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|a Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries /
|c Edward Buffie, Christopher Adam, Luis-Felipe Zanna, Kangni Kpodar.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2022.
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|a 1 online resource (60 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between rebuilding human capital and the recovery of livelihoods and macroeconomic sustainability. A dynamic general equilibrium model is calibrated to reflect the structural characteristics of vulnerable low-income countries and to replicate key dimensions of the Covid-19 shock. We show that absent significant and sustained external financing, the persistence of loss-of-learning effects on labor productivity is likely to make the post-Covid recovery more attenuated and more expensive than many contemporary analyses suggest.
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|a International Lending and Debt Problems
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|a Adam, Christopher.
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|a Kpodar, Kangni.
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|a Zanna, Luis-Felipe.
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|a IMF Working Papers; Working Paper ;
|v No. 2022/025
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2022/025/001.2022.issue-025-en.xml
|z IMF e-Library
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