This OECD note provides illustrative estimates of the initial direct impact of shutdowns, based on an analysis of sectoral output and consumption patterns across countries and an assumption of common effects within each sector and spending category in all countries. This approach suggests that the initial direct impact of the shutdowns could be a decline in the level of output of between one-fifth to one-quarter in many economies, with consumers’ expenditure potentially dropping by around one-third. Changes of this magnitude would far outweigh anything experienced during the global financial crisis in 2008-09. This broad estimate only covers the initial direct impact in the sectors involved and does not take into account any additional indirect impacts that may arise.
FIS Digital – June 2020
Florida: Opportunities in a crisis
The Florida State Board of Administration has made some strategic moves to take advantage of opportunities in the dislocation, including in private equity, distressed debt and active listed equities.. But CIO, Ash Williams, is concerned about the underlying real economy.
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Coronavirus: Is this the end of globalisation?
A conversation with Stephen Kotkin, Professor in History and International Affairs, Princeton University.
COVID-19 and the climate hole
In this Fiduciary Investors Series podcast Amanda White talks to Professor Cameron Hepburn, Professor of Environmental Economics and the director of the economics sustainability programme at the University of Oxford.
Global policy tracker
The HBS Global Policy Tracker is an initiative to collect and standardise economic policies implemented around the world as a response to the COVID-19 pandemic. It focuses on fiscal policy, monetary policy, and lockdowns. The data is updated in real-time with the efforts of several dozen students and staff at Harvard Business School and other Harvard Schools.
COVID-19 highlights human rights
The financial system will play a critical role in enabling economic recovery, development and contributing to wider societal well-being, including a focus on human rights. The PRI is working with investors to ensure that the financial sector contributes to, not detracts from, more inclusive societies. A world post COVID-19 needs to ensure the recovery respects both the boundaries of the planet and the rights of its people.
Global policy tracker
The HBS Global Policy Tracker is an initiative to collect and standardise economic policies implemented around the world as a response to the COVID-19 pandemic. It focuses on fiscal policy, monetary policy, and lockdowns. The data is updated in real-time with the efforts of several dozen students and staff at Harvard Business School and other Harvard Schools.
Post-lockdown economic recovery in China
This report looks at official, and non-official data, to assess the post-lockdown economic recovery in China.
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