Commentaries on the Global Fiscal Consequences of the COVID-19 Pandemic: The Good, the Bad, the Unknown, and the Way Forward
Ibrahim Raheem
MPRA Paper from University Library of Munich, Germany
Abstract:
The COVID-19 Pandemic has thrown the hitherto global fragile economy into an unprecedented level of uncertainty. In an attempt to douse the pandemic's negative consequences, governments have resorted to the use of myriad fiscal policies to stimulate the economy. The global fiscal responses have been greeted with mixed feelings. There are three sides to the fiscal responses. While one side favours governments' responses, another group has identified the negative consequences of such actions. The last side is neither in support nor against governments' actions but rather enumerates some unclear issues. This study aims to run a commentary on the consequences of government fiscal responses to the COVID-19 pandemic. We also offer a roadmap for the post-pandemic era.
Keywords: COVID-19; Government expenditure; debt; and Budget deficit (search for similar items in EconPapers)
JEL-codes: A1 I0 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/107629/2/MPRA_paper_107629.pdf original version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:107629
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().