Vulnerable to the Virus: Globally-Oriented Manufacturing Firms at Risk From the Spread of COVID-19

Stella Luz Quimbo (), Ct Latinazo and Jw Peabody
Additional contact information
Ct Latinazo: House of Repsesentatives, Batasan Complex, Constitution Hills, Quezon City
Jw Peabody: QURE Healthcare, UCSF and UCLA

No 202007, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: COVID-19 risk assessment is multi-faceted. The highly infectious nature of the virus in a naïve population, the high case fatality rate and health system over-burdening each need to be considered in developing a strategy to control the spread of the virus and mitigate its health and economic consequences. This note provides a framework for classifying LGUs by degree of risk and identifies policy options for each risk scenario. It urges the Department of Health (DOH) to: (i) re-assess risk levels of local government units (LGUs), (ii) undertake a 100 percent identification of place of residence of all COVID-19 confirmed cases and 100 percent reporting of number of isolation beds and ventilators by all hospitals, and (iii) develop and immediately implement a COVID-specific disease surveillance protocol, including mass testing, contact tracing, and quarantine. Careful and diligent implementation of these protocols will allow a gradual yet cautious and informed re-opening of the economy.

Keywords: COVID-19; Philippines; risk-assessment (search for similar items in EconPapers)
Pages: 24 pages
Date: 2020-04
New Economics Papers: this item is included in nep-hea, nep-his, nep-rmg and nep-sea
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Published as UPSE Discussion Paper No. 2020-07, April 2020

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https://econ.upd.edu.ph/dp/index.php/dp/article/view/1530 (application/pdf)

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Working Paper: Vulnerable to the Virus: Globally-Oriented Manufacturing Firms at Risk From the Spread of COVID-19 (2020)
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