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2020 | OriginalPaper | Chapter

5. Macroeconomic Impact

Authors : Desheng Dash Wu, David L. Olson

Published in: Pandemic Risk Management in Operations and Finance

Publisher: Springer International Publishing

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Abstract

Pandemics create strain on economies, due to the need to provide medical resources as well as the need to control the population to halt disease spread. COVID-19 created an extremely severe strain on economies throughout the world due to its high degree of contagion and governmental response advocated by the World Health Organization stressing lockdowns. The governmental financial response has been extreme. This chapter reviews macroeconomic policy options to combat pandemics.

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previous chapter Text Mining Support to Pandemic Planning
next chapter Supply Chain Impact
Literature
1.
McKinsey & Company. (2020, March 25). COVID-19: Briefing note—Global health and crisis response. McKinsey & Company.
2.
International Monetary Fund. (2020, April). World economic outlook: Chapter 1—The great lockdown. International Monetary Fund.
3.
Oxford Economics. (2020, April). The economic impact of COVID-19 on Asia Pacific. Oxford Economics.
4.
5.
Paul, J.-M. (2019). The economics of discontent. Solvau Brussels School of Economics and Management (E-book).
6.
Harding, R., & Lockett, H. (2020, March 2). BoJ spurs Asia markets rebound with vow to fight coronavirus. Financial Times.
7.
Sutter, K. M., & Sutherland, M. D. (2020). U.S.-China economic considerations. CRS In Focus IF 11434.
Metadata
Title
Macroeconomic Impact
Authors
Desheng Dash Wu
David L. Olson
Copyright Year
2020
Publisher
Springer International Publishing
Book
Pandemic Risk Management in Operations and Finance

Print ISBN: 978-3-030-52196-7

Electronic ISBN: 978-3-030-52197-4

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-52197-4_5