An update on the short-term impacts of COVID-19 on the Malawian economy, 2020–2021

Bob Baulch, Rosemary Botha () and Karl Pauw

No April 2021, MaSSP reports from International Food Policy Research Institute (IFPRI)

Abstract: This report provides an update on the short-term impacts of COVID-19 on the Malawian economy in light of the sharp increase in COVID-19 cases in December 2020 and January 2021. It extends and updates the results of previous SAM multiplier-based modeling undertaken by IFPRI during 2020 with a particular focus on the impacts of COVID-19 control measures on the recovery of the Malawian economy in 2021. As before, we also consider the short-run effects of external shocks associated with disruptions in trade and tourism, foreign direct investment, and remittance flows on the Malawian economy, as well as two medium-term paths assuming either faster or slower easing of restrictions during the remainder of 2020 and 2021.

Keywords: models; economic impact; covid-19; remittances; capacity development; trade; agrifood systems; gross national product; food service; Malawi; Sub-Saharan Africa; Africa; Southern Africa; Eastern Africa (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:fpr:masspr:1252792987

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