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The Global Economic Impact of COVID-19:A Summary of Research

Researchers
Prof. Shlomo Maital , Ella Barzani
Cite As:
Maital Shlomo , Barzani Ella . The Global Economic Impact of COVID-19:A Summary of Research Haifa Israel: Samuel Neaman Institute, 2020. https://www.neaman.org.il/EN/The-Global-Economic-Impact-of-COVID-19-A-Summary-of-Research

This essay surveys and summarizes recent research and reports on the global economic impact of the COVID-19 ‘new coronavirus’. It argues that the major impact of the epidemic, or alleged pandemic, is on the supply side of the global economy – while remedies now considered and applied are largely on the demand side. The global armory of tools against supply side disruptions and shocks is very very limited. Under reasonable scenarios, a global recession is likely.

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