Policy Rx for the Economy: Cash or Credit?
Deborah Lucas
Chapter 10 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 65-69 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
What is the best mix of cash and credit assistance to combat the economic fallout from the coronavirus pandemic, and what are the principles that should guide those choices? For policymakers to be able to design effective and affordable policies and avoid unintended consequences, it is essential that they understand the tradeoffs between these two broad policy alternatives. Yet this issue is rarely addressed head-on…
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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