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Economic Resilience in the COVID-19 Pandemic

Emily Highkin and Eva Van Leemput ()

No 2022-07-01-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The global spread of COVID-19 virus in early 2020, and the measures taken to contain it pushed the global economy into a deep contraction. As illustrated in Figure 1, global GDP fell 10.5 percent below its pre-pandemic level in the second quarter of 2020.

Date: 2022-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2022-07-01-1

DOI: 10.17016/2380-7172.3060

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