Covid-19 Economic Vulnerability and Resilience Indexes: Global Evidence

Samba Diop (), Simplice Asongu and Joseph Nnanna ()
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Joseph Nnanna: The Development Bank of Nigeria, Abuja, Nigeria

No 20/070, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: The study complements the extant literature by constructing Covid-19 economic vulnerability and resilience indexes using a global sample of 150 countries which are categorized into four principal regions, namely: Africa, Asia-Pacific and the Middle East, America and Europe. Seven variables are used for the vulnerability index and nine for the resilience index. Both regions and sampled countries are classified in terms of the two proposed and computed indexes. The classification of countries is also provided in terms of four scenarios pertaining to vulnerability and resilience characteristics, notably: low vulnerability-low resilience, high vulnerability-low resilience, high vulnerability-high resilience and low vulnerability-high resilience to respectively illustrate, sensitive, severe, asymptomatic and best cases. The findings are relevant to policy makers especially as it pertains to decision making in resources allocation in the fight against the global pandemic.

Keywords: Novel coronavirus; Economic vulnerability; Economic resilience (search for similar items in EconPapers)
JEL-codes: E10 E12 E20 E23 I10 I18 (search for similar items in EconPapers)
Pages: 19
Date: 2020-10
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (2)

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http://publications.excas.org/RePEc/exs/exs-wpaper ... silience-Indexes.pdf Revised version, 2020 (application/pdf)

Related works:
Working Paper: Covid-19 Economic Vulnerability and Resilience Indexes: Global Evidence (2020)
Working Paper: Covid-19 Economic Vulnerability and Resilience Indexes: Global Evidence (2020)
Working Paper: Covid-19 Economic Vulnerability and Resilience Indexes: Global Evidence (2020)
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