Public Policy Tools to Address the COVID-19 Pandemic: Health Versus Economy

Hanming Fang

Chapter 3 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 17-18 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The COVID-19 pandemic is impacting our lives in unprecedented ways. The Novel Coronavirus is very contagious with an R0 value estimated to be 2.5. That is, in the initial stage of the epidemic, every infected person will infect 2.5 people on average. Moreover, people can be infectious yet asymptomatic. There are several public policy strategies to deal with the growing pandemic…

Keywords: COVID-19; Pandemic; Coronavirus; Lockdowns; Supply Shock; Demand Shock; Financial Distress; Global Value Chain; Global Supply Chains; Public Policy; International Trade; Debt; Post-COVID-19; Liquidity Crisis; International Trade; Policy Response; Policy Uncertainty; Public Health; Big Data; Pandemic Dilemma (search for similar items in EconPapers)
JEL-codes: F02 F4 H12 I15 I18 (search for similar items in EconPapers)
Date: 2021
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