The virus that triggered a localized shock in China is now delivering a significant global shock. This study simulates the potential impact of COVID-19 on gross domestic product and trade, using a standard global computable general equilibrium model. It models the shock as underutilization of labor and capital, an increase in international trade costs, a drop in travel services, and a redirection of demand away from activities that require proximity...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2020/04/10
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Рабочий документ в рамках исследования вопросов политики
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WPS9211
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1
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1
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2020/04/10
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Disclosed
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The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment
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global pandemic
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Официальная версия документа (может содержать подписи, и т.д.)