Five Basic Insights into the Economic Impact of the COVID-19 Outbreak

Jun Zhang ()
Additional contact information
Jun Zhang: School of Economics and China Center for Economic Research, Fudan University, Shanghai 200433, China

Frontiers of Economics in China-Selected Publications from Chinese Universities, 2020, vol. 15, issue 2, 167-178

Abstract: This article analyzes the economic impact of the COVID-19 outbreak, and puts forward with five basic insights concerning the degree of the impact, its duration, its key areas, and its quantitative calculation, among other aspects. The article holds that it is necessary to have a more objective understanding and judgement of how the virus affects the economy, particularly gross domestic product (GDP) growth for 2020Q1 and the entire year. Only on the basis of reasonable analysis can we better grasp measures required to cope with the economic impact, combined with more targeted policy launch and adjustment, so as to speed economic recovery to its normal level.

Keywords: COVID-19 outbreak; economic growth; supply chain; medium-; small-and micro-sized enterprises (MSMEs) (search for similar items in EconPapers)
JEL-codes: E24 E32 G28 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://journal.hep.com.cn/fec/EN/10.3868/s060-011-020-0008-8 (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:fec:journl:v:15:y:2020:i:2:p:167-178

Access Statistics for this article

Frontiers of Economics in China-Selected Publications from Chinese Universities is currently edited by LONG Jie

More articles in Frontiers of Economics in China-Selected Publications from Chinese Universities from Higher Education Press
Bibliographic data for series maintained by Frank H. Liu ().