Economic Robustness Under Current Covid-19 Pandemic

Ly Hung

Working Papers from HAL

Abstract: The paper analyzes the reaction of an economy against the current covid-19 pandemic. The analysis covers many economies, both advanced and developing ones, with a focal point on the Vietnam economy. Methodology: The research method employs a quantitative analysis based on data analysis of Vietnam economy over 2010-2022, covering the current Covid-19 pandemic. Moreover, the method also uses a qualitative analysis based on reviewing the recent literature on the recovery of economies after the pandemic. Findings: The paper shows that the pattern of robustness is different across economies. Some economies experience a sharp reduction in economic growth with a substantial recovery while others have both a less decrease in economic growth but with slow recovery. Moreover, the pandemic also results in a more vulnerable economy against unexpected shocks. Implications: The government needs to provide a more stimulating fiscal package to enhance the robustness of an economy against the pandemic. In particular, the package can be oriented directly to low-income households, and small business firms.

Keywords: Economic Robustness; Economic Growth; Pandemic; Quantitative Analysis; Qualitative Analysis; Vietnam economy (search for similar items in EconPapers)
Date: 2022-08
New Economics Papers: this item is included in nep-sea
Note: View the original document on HAL open archive server: https://hal.science/hal-03863197
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-03863197/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-03863197

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().