Chapter 1: Economic Developments around the World: Corona Crisis Leads to Worst Recession in 90 Years

Torben M. Andersen, Giuseppe Bertola, Clemens Fuest, Cecilia Garcia-Penalosa, Harold James, Jan-Egbert Sturm and Branko Uroševic

EEAG Report on the European Economy, 2020, 3-8

Abstract: The Covid-19 pandemic and the measures taken to contain it led to massive disruption of social and economic life. What at the beginning of the year looked like a local outbreak in Hubei Province, China, with little impact on the rest of the world, quickly turned into a global pandemic that has so far caused more than 600,000 confirmed deaths and resulted in unprecedented protective measures. There are significant differences among countries, both in terms of the pandemic course and the political and fiscal measures that have been implemented.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cesifo.org/DocDL/EEAG-Policy-Brief-Jul ... around-the-world.pdf (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:ces:eeagre:v::y:2020:i::p:3-8

Access Statistics for this article

More articles in EEAG Report on the European Economy from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().